The recent volatility in the world economy has had a devastating impact on the future retirement plans of many people. The economic downturn has caused an unexpected and devastating reduction in peoples' net worth, just as they are nearing or entering retirement. While many people are wondering if they will still be able to afford the type of retirement lifestyle they had been expecting, others are wondering if they will be able to afford retirement at all. As a result, everyone is looking for ways to lower the costs associated with retirement.
More and more Americans are looking towards retirement abroad as one possible solution. As it turns out, there are a number of destinations abroad where Americans can obtain a high quality of life at a very reasonable cost. One region that has grown in popularity for American expatriates considering overseas retirement is Latin America. This is primarily because of its affordable cost of living, its many amenities, the frequent use of English, and its proximity to the continental United States.
This book examines the many options available to Americans considering Latin America as their retirement destination. Among the topics explored in this book are:
• The benefits of living abroad • The disadvantages of living abroad • The top retirement destinations in Latin America • Things to consider when moving overseas • How moving abroad may affect your Social Security and Medicare benefits
In this book, you will learn the basics of living abroad as well as retirement planning. You will also discover the best retirement destinations in South and Central America, including Mexico, Belize, Costa Rica, Nicaragua, Ecuador and Panama.
Living abroad can be the best adventure of your lifetime, while still enjoying the amenities that you are accustomed to at an affordable rate. This book will assist you in laying a strong foundation of knowledge so that you can retire overseas with full confidence.