More Americans are purchasing property and experience early retirement outside the US than ever before.
Why do they? Listed here are the primary advantages if you experience early retirement outside the United States:
1. It is 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 airplane, if the flight is another 1 or 2 hours, so what? That is what retiring is all about - having a little extra time for things you want to do.
2. You save money
While not true in the event you select Europe or Canada, nearly anywhere in Central America, Mexico, South America or the Caribbean will be 50% less for the housing expenses. If you experience early retirement in comfort is a chance because you might have twice as much house or even the same quantity of house and perhaps a full time house maid and cook!
3. Greater environment
Based on exactly where you relocate from, the environment will probably be much better in the aforementioned places which are nearer to the equator. You will not notice any snow at sea level in Costa Rica for example. Retiring to a tropical paradise with warm weather and plenty of sunlight, does that sound bad?
4. No comfort sacrificed
You'll nonetheless have excellent places to dine, a flat screen Tv, your subscription to Netflix and your Web connection. While it might take a bit more time to get any of the above since the pace of life is slower, is not that what retiring is all about?
Make your inquiries before you move. While it's accurate that outside the United States healthcare won't be up to the same standards, it's also accurate that lots of Americans go abroad for their health care. You may have gear about 'medical tourism.' People in America go abroad because they find the health care is equivalent and frequently 1/6 the cost of the US for a important procedure. In addition, you can frequently get health-related treatments that are not authorized in the US.
6. Affordable solutions
Would it be okay with you to pay your gardener or maid $3 one hour? Or have personalized carbonates produced that will price $6,000 in the US for only $400? Since the cost of labor is so way less, your quality of life may be significantly improved to ensure that you live like a rich individual! You might not have thought retiring could be so good.
Time to plan a few holidays and spend a week in a few places to check out destinations that could be where you'll spend many retirement years.
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