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View Full Version : 7 Questions To Ask Yourself If You Are Considering Retiring Overseas......



Hardrock69
12-29-2012, 03:43 PM
http://www.huffingtonpost.com/suzan-haskins-and-dan-prescher/places-to-retire-abroad-seven-questions_b_2287972.html#slide=1200812



Twelve years ago, we moved from Omaha, Nebraska to Quito, Ecuador. Since then we've lived in seven different locations in four Latin American countries, and we've made friends who are enjoying overseas retirements in countries like France, Ireland, Thailand, Mexico, Nicaragua, Panama, Costa Rica, Uruguay, Belize, Italy and more.

We didn't move to retire, although admittedly, we were tired... of doing what we were doing. We were tired of the rat race. And by completely selling out and turning our backs on our mortgage, car payments, and high self-employment health insurance costs, we did -- in a sense -- retire from life as most people know it.

With kids grown, we were able, in a way, to retire from responsibility. Sounds pretty great, doesn't it?

Truth is, 12 years ago, we were admittedly naïve. But we've grown up as we've grown older. And today, we have loads of information to share with those of you who want to follow in our footsteps (or "fall" in them as our son once said).

With retirement savings dwindling, more and more of you may be wondering if you'll be able to retire as planned. Many baby boomers, especially, will have to keep working long past traditional retirement age just to make up for the beating your retirement plans have taken in recent years.

But as we've discovered over the past dozen years, it's quite possible that you can still retire as planned... and maybe even retire earlier than expected... by retiring overseas.

Don't get us wrong... foreign retirement isn't for everyone. Family obligations may be an issue for some people. You may not be comfortable in a place where you don't speak the language. But if you're the adventurous type... or if you've dreamed of living in an exotic location -- maybe on a sultry tropical beach, in a pristine mountain hideaway, or in a sophisticated, culturally rich city -- with better weather, good, affordable health care, and a lower cost of living, retirement overseas may be for you.

In many places around the world, you can enjoy a high-quality (and always interesting) lifestyle for a fraction of what it costs at home. A week's worth of groceries, dinner at a fine restaurant, a night at the symphony, even full-time household help -- like a maid or a gardener -- can be yours for pennies on the dollar. A house on the beach, a mountain villa, or a super-modern city condo can cost you 50 percent to 75 percent less than it might at home.

There are places where you'll pay little or no income taxes. Property taxes, too, are laughably low. (Ours are less than $40, and that's per year). You may qualify for government health care programs. And free prescriptions. For many expats we know living abroad, the affordable-yet-quality medical care alone makes overseas retirement worth it.

However, before making any decisions about moving overseas, you need to assess yourself, and do so pretty ruthlessly.

Here are seven questions to ask yourself to determine if you're cut out for overseas living:

Do you thrive on change?

Are you comfortable in new situations and with making new friends?

Are you okay with not living close to family (although many countries you might consider are only a two-to-four-hour plane ride away)?

Can you speak (or are you willing to learn) a new language?

Are you intrigued by foreign cultures and customs?

Are you single, or if not, is your spouse or partner amenable to moving overseas?

Are you looking for a way to improve your quality of life while spending less money than you currently do?

If you answered yes to the majority of these questions, then living in a foreign country may be for you. Of course, if you've already had the opportunity to live overseas... in the military or because of a career assignment, you know how your life was enriched because of that expatriate experience.

On this blog, we'll examine the best places on earth to retire or live abroad and explore the challenges and rewards of a new life overseas. Despite what you may have heard, the world is still a big, big place... and somewhere in it is almost certainly a spot where you can live a happier, healthier life with better weather and quality medical care for a fraction of your current costs of living.

So far, we've made our home in seven of the best overseas retirement spots, and we'll tell you about all of them and many, many more in the days and weeks to come.





The above article has a slide show of various countries where expatriate Americans live in fairly large numbers....

Blaze
12-29-2012, 05:01 PM
Do you thrive on change?

To a certain extent, very much so. I like doing things few have done.

Are you comfortable in new situations and with making new friends?

To a certain extent, very much so. I am good at adapting to local norms and relish experiencing local customs.

Are you okay with not living close to family (although many countries you might consider are only a two-to-four-hour plane ride away)?

My family does not visit now. Maybe, Maybe, if I lived in an "exotic" place one or two might visit. If I told them where I was. Hahah o_-

Can you speak (or are you willing to learn) a new language?

Yea, often I have been told , "No way, can you not speak [insert whatever language] you understand what we say too much." Speaking, Eh, not so much. I even have a heavy accent in English and this is my native tongue.

Are you intrigued by foreign cultures and customs?

To a certain extent, yes. I adapt well to local customs and find many things fun and enjoyable. Hell, everywhere I go is like a foreign culture and customs. lol.

Are you single, or if not, is your spouse or partner amenable to moving overseas?

Yep, Yep. Wouldn't do it if it was not the case.

Are you looking for a way to improve your quality of life while spending less money than you currently do?

Indeed!

Now for my question....
How's the internet there?

ELVIS
12-29-2012, 05:38 PM
SSRI's are kickin' today, eh ??


:biggrin:

Hardrock69
01-01-2013, 07:39 PM
http://abcnews.go.com/Travel/worlds-cheapest-places-retire/story?id=18102930#.UON5aazgfdQ