‘I’m in a no-man’s-land’: I’m 75, selling my house and moving overseas. How do I invest the $350,000 from the sale? Where do I move?

By Quentin Fottrell

‘Between my retirement, disability and Social Security Insurance, I have an annual income of about $116,000, so I can live comfortably’

Dear Quentin,

I’m a 76-year-old retired United States Air Force Officer. I have no dependents. I am considering selling my house and, if I do so, I will net approximately $350,000. I have no no bills, and a credit score of around 830.

Between my retirement, disability and Social Security Insurance, I have an annual income of about $116,000, so I can live comfortably. I do not want to buy another residence and will live out of the country in all likelihood.

I have no medical bills or health issues. I am covered by Medicare and TriCare for Life. (I have military-based retiree health insurance that is good worldwide.) But I’m in a no-man’s land with this anticipated/expected windfall from my house sale.

I…