• Home
  • E-Booklets
  • Pay Less Tax
  • Privacy Policy
  • Cheatsheets
  • Contact Us
  • About us

Retirement Income

New Ways to Get More Retirement Income

  • Retirement Advisors
  • Retirement Insurance
  • Retirement Investing
  • Retirement Living
  • Retirement Planning

Retiring Outside the US

Posted on July 4, 2012 by bobrichards

More Americans are buying real estate and retiring outside the US than ever before.
Why do they? Here are the primary benefits retiring outside the US?

1. It's not that far
If you have your eye on Central America, Mexico or Canada, you're not that far from friends and family. Once you get on a plane, if the flight is another 1 or 2 hours, so what? That's what retiring is all about – having a little extra time for things you want to do.
2. You save money

While not true if you select Europe or Canada, just about any place in Central America, Mexico, South America or the Caribbean will be 50% less for your housing costs. Retiring in comfort is a possibility because you can have twice as much house or the same amount of house and maybe a full time maid and cook!

3. Better climate
Depending on where you relocate from, the climate is likely to be better in the aforementioned locations that are closer to the equator. You won't see any snow at sea level in Costa Rica for example. Retiring to a tropical paradise with warm weather and lots of sun, does that sound bad?
4. No comfort sacrificed
You will still have excellent places to dine, a flat screen TV, your subscription to Netflix and your Internet connection. While it may take a little longer to get any of the above because the pace of life is slower, isn't that what retiring is all about?
5. Healthcare

Make your inquiries before you move. While it is true that outside the US healthcare will not be up to the same standards, it is also true that many Americans go abroad for their healthcare. You may have gear about "medical tourism." Americans go abroad as they find the health care is equal and often 1/6 the cost of the US for a major operation. Additionally, you can often get medical treatments that are not approved in the US.
6. Inexpensive services
Would it be okay with you to pay your gardener or maid $3 an hour? Or have custom cabo9nates made that would cost $6,000 in the US for only $400? Because the cost of labor is so much less, your quality of life can be significantly enhanced so that you live like a rich person! You may not have thought retiring could be so good.
Time to plane some vacations and spend a week in a few places to check out-places that may be where you'll spend many retirement years.

How to Prosper and Thrive In Retirement

For those already retired seeking to improve their finances
  • The 4 most important issues for any retiree and a quick plan to address each
  • The overlooked annuitization of assets to make your money go farther and reduce risk
  • An easy way to save money on health coverage
  • You don’t need to be rich to plan your estate like this
  • A few simple lessons can reduce stress and bring more joy in your retirement year. Stop worrying and learn the simple
  • actions to take.

    You might also like:

    • Average Retirement Savings by Age – How Do You Compare?Average Retirement Savings by Age – How Do You Compare?
    • Retirement Solutions— Difficult Trends and What You Can DoRetirement Solutions— Difficult Trends and What You Can Do
    • Estate Financial Planning Has Nothing to Do With Your WealthEstate Financial Planning Has Nothing to Do With Your Wealth
    • Transition to Retirement - Six Aspects that HelpTransition to Retirement - Six Aspects that Help
    • How Retirees Can Use Tax Reform to Their Advantage (and other senior tax breaks from 2017)How Retirees Can Use Tax Reform to Their Advantage…
    • Use Life Insurance in Estate Planning to Treat Beneficiaries EquallyUse Life Insurance in Estate Planning to Treat…

    Filed Under: Retirement Planning

    About bobrichards

    Bob Richards
    Editor | Involved in Various Marketing Positions within the Financial Services Industry

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Second place winner best retirement blog

    SH award winner SMALL (1)

    Not Enough Savings to Retire?
    Learn Six Ways to Earn Retirement Income (from home)

    You do not need special talents, skills, computer knowledge, etc. We show you multiple ways others are working a few hours a week to generate a comfortable retirement income.

    Download Free Copy

    Latest Posts

    Update on Social Security Cash Flow

    Update on Social Security Cash Flow

    What's the True Cost of Senior Healthcare

    What's the True Cost of Senior Healthcare

    Social Security Office Cheating Retirees

    Social Security Office Cheating Retirees

    Use Life Insurance in Estate Planning to Treat Beneficiaries Equally

    Use Life Insurance in Estate Planning to Treat Beneficiaries Equally

    Estate Financial Planning Has Nothing to Do With Your Wealth

    Estate Financial Planning Has Nothing to Do With Your Wealth

    Categories

    • 401K IRA Roth Withdrawals, Distributions, and Rollovers
    • Annuities for Income
    • Estate Planning
    • Retirement Advisors
    • Retirement Insurance
    • Retirement Investing
    • Retirement Living
    • Retirement Planning
    • Social Security
    • Supplemental Retirement Income
    • Tax Savings
    • Alternative Investments
    • E-Booklets
    • Pay Less Tax
    • Privacy Policy
    • Cheatsheets
    • Contact Us
    • Subscribe
    • Sitemap

    Recent Posts

    • Update on Social Security Cash Flow
    • What's the True Cost of Senior Healthcare
    • Social Security Office Cheating Retirees
    • Use Life Insurance in Estate Planning to Treat Beneficiaries Equally
    • Estate Financial Planning Has Nothing to Do With Your Wealth

    The Retirement Income Blog

    25A Crescent Drive #1508
    Pleasant Hill CA 94523
    T: 844-887-4131
    E: [email protected]

    © 2018 Retirement Income