Our two adult children live nearby (20 minutes and 2 minutes away, respectively), and as of now we also have three grandchildren 2 minutes away. So no to expat retirement for right now. However, my wife and I along with the children and grandchildren all have Italian citizenship, and we own a place in Italy (specifically in Calabria, in the small town where my grandfather was born). It’s idyllic and we plan to spend 3-4 months a year there.
Now if our children found jobs somewhere in the EU, we’d be there already . . .