Living Overseas For A Comfortable Retirement

Many seniors today are considering downsizing their homes (along with their retirement

lifestyles) and moving to another state where some taxes are low or not imposed, but not a lot of retirees are thinking about living overseas for a comfortable retirement. The benefits of living overseas when you retire are not just limited to being able to live it up using your Social Security paychecks (or less) or you can also enjoy an emotionally fulfilling and pleasurable retirement if you move to the right locale.

Florida is just one area in the country where retirees flock, mainly because of the warm weather all year round. However, the costs of living in and around Miami may still be difficult to save up for, especially for the retiree who is not quite wealthy. You may be able to live well and save a lot of cash; hereby ensuring your nest egg will last you throughout retirement or if you move to a tropical country such as Ecuador, Panama, or Colombia. In these places, the temperature rarely goes beyond 80 degrees, and there is no chance of snow. If you want the perks of balmy weather with a cosmopolitan air, think about relocating to Panama City in Panama, or Granada in Nicaragua.

For many seniors, the hustle and bustle of living in the twenty-first century may be just what they want to avoid in retirement. If you are one of these retirees, you can escape the stress brought about by exchange rates, the NYSE, and Wall Street (for as long as you want and whenever you wish) by moving to a coastal or rural area such as Cayo in Belize, Montevideo in Uruguay, or Mendoza in Argentina. In these areas, you can make your life as peaceful and carefree as you can because these modern worries seem wispy and far away. Of course, you can catch the news on cable or satellite TV if you really need to, but you will always have the choice to go outdoors and get back to basics; somewhere where good living and the general mindset is not dependent on or influenced heavily by international market fluctuations.

Going to another place that is far from home and living there for retirement does not just come with the financial benefits of lower overall costs of living or the physical benefits of warm weather in a peaceful locale. Living overseas also allows the retiree to enjoy a comfortable retirement and the ability to re-invent him or herself; this emotional and spiritual benefit may be even more important than cheap rent or tropical temperatures in the long term.

by: Katherine Smith

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