Retiring abroad gives you a chance to explore new cultures, and it might even reduce your cost of living. But it can also bring some significant financial challenges, particularly as they relate to taxes and traditional United States retirement benefits, like Social Security and Medicare.

It's possible to overcome these issues, but you need to start planning well in advance of your retirement. Here are three of the most common problems you could run into.

Image source: Getty Images.

Continue reading

Source Fool.com