20 Best Warm Liberal Places to Retire

Published on February 29, 2024 at 6:34 pm by Rabia Mazhar in Lists, News, Retirement

This article takes a look at the 20 best warm liberal places to retire. If you wish to skip our detailed analysis on determining post-retirement living, you may go to 5 Best Warm Liberal Places to Retire.

Checking All the Boxes Pre-Retirement

At first glance, retirement may seem simple. The kids are out making their own life, work has ended, and the urge to party till two in the morning has disappeared – all in all, life is good. However, the reality can be very different. New Retirement defines retirement as a ‘1,560-week long vacation’, suggesting that years of planning go into making this period all that we imagine it to be.

The reality is that many Americans do indeed spend years of their life planning and preparing for their golden years. This involves juggling finances, healthcare, and personal preferences, all at the same time. However, recent years have seen a new player enter the room: global warming and climate change, and their subsequent impact on the average US citizen’s retirement plans.

Companies such as Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) are the most gullible, with both reportedly emitting massive quantities of CO2. While investors and other third parties often put pressure on companies such as Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM), the impact of widespread, mass pollution is already being felt by the population today.

“The climate crisis is both the easiest and the hardest issue we have ever faced. The easiest because we know what we must do”.

-Greta Thunberg, Environmental Activist.

Royal Bank Canada Montreal Que (NYSE:RY) owned RBC Wealth Management shared insights on how climate change is impacting retirement. Kim Shappee, Wealth Management Adviser at RBC Wealth Management, reveals how a couple she had spent over a decade working with changed their destination retirement plans when a hurricane hit during one of their visits to the location. Even though the couple had made financial commitments and the change of mind led to them losing out on some investments, the influence of the suddenly undesirable climate stood their ground. Royal Bank Canada Montreal Que (NYSE:RY) owned RBC Wealth Management equates that this decision is probably due to the safety hazards and the possible impending costs of living in such an area.

As such, an increasing number of American retirees are thinking about weather and climate when planning their retirement. This new addition to the retirement checklist only makes preparing for this period more elaborate – but if done right, it can save retirees thousands of dollars and days of inconvenience. One of the most ideal climate conditions for retirees is warm and sunny, typically characterized by tropical, sub-tropical, and Mediterranean climates. Not only does this safeguard them against the freezing cold, but it also allows senior citizens to engage in outdoor activities such as outdoor picnics, walks, birdwatching, fishing or even running errands on foot. As such, US retirees often search for the best places to live in the world for weather or they even try to find the best sunny cities for retirees in the US. Others look for the best of both worlds – they venture in search of warm places that offer a high quality of life, pointing towards their categorization as ‘liberal’ as a testament.

To know more about the best warm liberal places to retire, read below.

20 Most Valuable Indian Companies

Methodology

To compile this list of the 20 best warm liberal places to retire, we consulted several sources including our list of 20 Most Liberal Countries in the World, MoveHub, Wisevoter, U.S. News & World Report, GoVisaFree, and Positive News. Once a list of countries was compiled using these sources, we first shortlisted our selection based on weather, keeping only those countries that had a tropical, subtropical, or Mediterranean climate.

With our shortened list in hand, we selected metrics against which to measure the ‘liberalness’ of a place. For this purpose, we used the following four factors: life expectancy, corruption rates, economic freedom, and human rights freedom. For reference, we took life expectancy figures from the CIA’s Life Expectancy at Birth report, corruption rates from Trading Economics’ Corruption Rank, economic freedom data from Heritage’s 2023 Index of Economic Freedom, and human rights figures from World Population Review’s Freedom Index by Country 2024.

As liberal countries protect the freedom and rights of their citizens, corruption rates have been included to illustrate these rights and freedom being upheld, where said rates are low. Similarly, there have been multiple studies linking better health and longer life expectancy to liberal policies, including the University of Gothenburg’s study on the cross-country correlation between democracy and health. As such, we have included life expectancy as one of our markers.

We ranked each of our selected countries using these metrics, giving equal weightage to each to reach a cumulative score. The top 20 highest-scoring countries were then selected for our final list, with the number one spot going to the highest-scoring country. For countries with an equal cumulative score, the Freedom Index was used as a tie-breaker. The resulting list is presented in ascending order of total cumulative ‘liberalness’ score.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

Here are the 20 best warm liberal places to retire:

20. Mumbai, India

Insider Monkey Score: 0.6

Life Expectancy: 67.7 years

Corruption Rank: 93rd

Economic Freedom Index: 52.9

Human Rights Freedom Index: 6.29

Starting off our list of best warm liberal places to retire is Mumbai in India, which is also one of the cheapest warm places to retire for US citizens. US retirees can experience an entirely new culture, indulge in delicious food – cue all the curries and dosas – and experience great weather all year round. The Times of India recently released a list of 7 best Indian cities which included Mumbai – so interested retirees can rest assured as they make Mumbai their new home.

19. Manila, Philippines

Insider Monkey Score: 0.9

Life Expectancy: 70.5 years

Corruption Rank: 115th

Economic Freedom Index: 59.3

Human Rights Freedom Index: 6.46

Another Asian pick, Manila in the Philippines is the perfect retirement forever home for US retirees who are sick and tired of inches of snow and gusts of cold wind. Retirees who are looking for a nature-filled lifestyle can immerse themselves in the city’s many parks, whereas those interested in historical avenues can visit the National Museum of Natural History.

18. Kingston, Jamaica

Insider Monkey Score: 2

Life Expectancy: 76 years

Corruption Rank: 69th

Economic Freedom Index: 68.1

Human Rights Freedom Index: 7.56

Jamaica is an island nation that is a true Caribbean paradise. It boasts a tropical climate perfect for those who enjoy the warmer days. US citizens can experience all the benefits of a Jamaican retirement in the country’s capital, Kingston, including days by the beach, delicious food – hello, jerk chicken – and an affordable cost of living.

17. Athens, Greece

Insider Monkey Score: 2.1

Life Expectancy: 81.7 years

Corruption Rank: 59th

Economic Freedom Index: 56.9

Human Rights Freedom Index: 7.49

Our first European pick for the best warm liberal places to retire is none other than the breathtaking city of Athens in Greece. With a pleasant Mediterranean climate, stunning architecture, and its place in history as the home of Western civilization, Greece offers the US retirees all that they could desire. Those interested in pursuing a liberal place of stay will be delighted to know that Greece boasts of being the birthplace of the theatre, democracy, and the Olympic Games.

16. Port Louis, Mauritius

Insider Monkey Score: 2.6

Life Expectancy: 75.1 years

Corruption Rank: 55th

Economic Freedom Index: 70.6

Human Rights Freedom Index: 7.61

An island nation by the Indian Ocean, Mauritius is most famous for its tropical climate and natural landscapes. Home to a variety of beaches, reefs, and lagoons, Port Louis, the capital of Mauritius is the perfect retirement destination for US citizens who are looking for a breather from American life. Located in Africa, Mauritius is hailed as one of the most peaceful places in the region.

15. San Jose, Costa Rica

Insider Monkey Score: 3.2

Life Expectancy: 79.6 years

Corruption Rank: 45th

Economic Freedom Index: 66.5

Human Rights Freedom Index: 8.04

With an average life expectancy of 79.6 years and a healthy human rights freedom index of 8.04, Costa Rica offers retirees a high-quality lifestyle. One of the best warm places to retire near water, San Jose in Costa Rica boasts closeness to the best of everything in the country – rivers, waterfalls, national parks, volcanoes, beaches, and rainforests.

14. Dubai, United Arab Emirates

Insider Monkey Score: 3.5

Life Expectancy: 79.8 years

Corruption Rank: 26th

Economic Freedom Index: 70.9

Human Rights Freedom Index: 5.73

The UAE, or the United Arab Emirates, is one of the most developed countries in all of Western Asia, and Dubai is among the most advanced cities. Popular with expats, US retirees won’t face trouble fitting into the community as they enjoy a life of luxury in this Asian gem. The best part is the warm weather, great for those who crave the gleaming sun.

13. Bridgetown, Barbados

Insider Monkey Score: 3.7

Life Expectancy: 78.8 years

Corruption Rank: 24th

Economic Freedom Index: 69.8

Human Rights Freedom Index: 7.72

Number thirteen on our list of best warm liberal places to retire is another Caribbean gem, Bridgetown in Barbados. Hailed for its stunning beaches, Bridgetown is home to the beautiful Pebbles Beach. US retirees can enjoy warm tropical climates as they live out their golden years on the beautiful island of Barbados.

12. Rome, Italy

Insider Monkey Score: 3.7

Life Expectancy: 82.8 years

Corruption Rank: 42nd

Economic Freedom Index: 62.3

Human Rights Freedom Index: 7.95

The European city of Rome, Italy is a popular tourist destination, but it also makes for a wonderful retirement spot. Home to exquisite food – cue the most authentic and fresh pizzas and pasta – architecture, fashion, and art, Rome is a cultural landscape that has much to offer to the average US retiree. With over 5 million foreigners in Italy, American citizens will fit right in.

11. Gwangju, South Korea

Insider Monkey Score: 4

Life Expectancy: Not ranked

Corruption Rank: 32nd

Economic Freedom Index: 73.7

Human Rights Freedom Index: 8.12

Gwangju in South Korea is the perfect mix of present-day modern services and traditional heritage, a welcome delight for US retirees planning to spend the latter period of their lives here. Combine this with its excellent healthcare system and robust public transport, and life in South Korea comes with a lot of ease.

10. Malaga, Spain

Insider Monkey Score: 4.1

Life Expectancy: 82.8 years

Corruption Rank: 36th

Economic Freedom Index: 65

Human Rights Freedom Index: 8.03

Spain is good for more than just a summer trip. With commendable healthcare, pleasant, warm weather, delicious food, and a welcoming community, Malaga in Spain serves as the ideal retirement destination for US retirees who are looking for an overseas forever home. It’s no surprise then that Malaga claims the number 10 spot on our list of best warm liberal places to retire.

9. Toulouse, France

Insider Monkey Score: 4.3

Life Expectancy: 82.5 years

Corruption Rank: 20th

Economic Freedom Index: 63.6

Human Rights Freedom Index: 7.86

Continuing with the European selection we have Toulouse in France, perhaps most popular for its food. With an overall high quality of living, France offers retirees the option to explore different types of living from one city to the next – perfect for the travel bug retiree.

8. Larnaca, Cyprus

Insider Monkey Score: 4.3

Life Expectancy: 80 years

Corruption Rank: 49th

Economic Freedom Index: 72.3

Human Rights Freedom Index: 8.15

Known formally as the Republic of Cyprus, Cyprus is an island country situated in the Mediterranean Sea. Renowned for its architecture and natural beauty, Larnaca in Cyprus is the perfect escape destination for retirees wanting a quieter and more peaceful retirement.

7. Lisbon, Portugal

Insider Monkey Score: 4.6

Life Expectancy: 81.7 years

Corruption Rank: 34th

Economic Freedom Index: 69.5

Human Rights Freedom Index: 8.27

A European country sharing a border with Spain, Portugal takes the seventh spot on our list of best warm liberal places to retire. With its stunning architecture, Mediterranean climate, and affordable lifestyle, Lisbon in Portugal is a top retirement destination. The best part is the diverse community, with over 500,000 foreigners in the country, US citizens will fit right in.

6. Berkeley, California, United States

Insider Monkey Score: 5.1

Life Expectancy: 80.8 years

Corruption Rank: 24th

Economic Freedom Index: 70.6

Human Rights Freedom Index: 8.39

While the US may not be the first place to come to mind when talking about warm places to live, it does enjoy tropical and Mediterranean climates along many states. This includes Florida, California, and Hawaii, making it the perfect destination for US citizens who want to move for retirement without crossing international borders. As one of the most liberal cities in the US, Berkeley in California is a particularly good choice for the best warm liberal places to retire in USA.

Click to continue reading and see the 5 Best Warm Liberal Places to Retire.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on October 30, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

Published on November 16, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up