Welcome to the New Retirement Revolution
Dear Overseas Retirement Letter Subscriber,
The continuing series of financial debacles in the U.S. and elsewhere may be pushing you toward outright panic. How in the world are you ever going to be able to afford to retire?
You’ve got the answer to that question in front of you right now.
Economies collapse and then recover…values-of real estate, of stocks-fall and then rise again…financial meltdowns come and go…
When the living becomes intolerably difficult in one place…move to another!
I’m not being flippant. I’m giving you the secret to realizing the retirement of your dreams.
The first move is the hardest, I understand. You need help. And you need options. We’re here to deliver both.
Let’s start with this: The situation is far less desperate than you may fear. You do not have to resign yourself to reducing your standard of living during this important phase of your life. You do not have to plan for two or three decades of scraping by and making do.
But you’ve already figured this out, haven’t you, dear reader?
By signing on as a subscriber to this Overseas Retirement Letter, you’ve opened your mind to the possibilities. You’ve allowed yourself to begin to think outside the box and beyond your own borders.
As you read this, because you’re reading this, you are launching a new phase of your life…maybe the best one yet.
Where will your explorations and considerations lead you? You’ll have to figure that out for yourself, but, in these virtual pages each month, we’ll introduce you to the top possibilities worldwide.
No, that understates things. We’ll do more than make introductions. We’ll cover each destination we feature in full, from colorful descriptions of the coastlines and the mountainscapes to practical details regarding the requirements for retiree residency status…from anecdotes about just how sweet the local living can be to insights into how to open a bank account and get a telephone line installed. From real estate, health care, and visas to grocery bills, owning a car, and bringing your pet…
As we prepared for the launch of this new service, Editor-in-chief Lynn Mulvihill and I convened via Skype with our key editors and contributors worldwide to determine a short list of the World’s Best Retirement Havens right now.
On that short list we placed: Panama, Uruguay, Argentina, Mexico, Croatia, and Malaysia.
No, again, I’m misspeaking. In fact, we didn’t settle on these countries as the world’s top six havens. For we realize that that’d be an almost useless recommendation for us to make.
When you begin focusing on this retire overseas idea, you realize quickly that you aren’t going to retire to Uruguay…Mexico…or to any other country, for that matter. You’re going to retire to a neighborhood or a community or a region or a seaside town in Uruguay or wherever.
Once you get serious about this, you realize you’ve got to thin-slice your foreign retirement options. You can’t think about retiring to Uruguay anymore than you could think about retiring in the United States.
What would that mean…to retire to the United States? What would the weather, the cost of living, the cultural distractions, or the scene outside your bedroom window be in the US of A?
What a silly question…with absolutely no response. You could determine what the weather would be like in Scottsdale, Arizona…the cost of groceries for a couple of retirees in San Diego, California…or the view from your poolside patio in Naples, Florida…but you couldn’t possibly answer those questions for the United States considered as a whole.
Anymore than you could determine those particulars for the country of Uruguay considered as a whole.
On the other hand, here’s a far more sensible question:
What would retirement life be like in La Barra, Uruguay…or in El Valle de Anton, Panama…or in San Rafael, Argentina?
Those are the questions our far-flung, ever-on-the-move network of correspondents consider each month in The Overseas Retirement Letter, as they take you on a tour of the places we’ve identified as offering the best quality of retirement living even if you’ve got but a modest retirement nest egg.
Meantime, our Overseas Retirement Planning guru Paul Terhorst will help you make sure your retirement nest egg is as big as possible. He promises nothing close to “average advice.” You can get all of that you want and then some from Yahoo and CNN.
In these pages each month, Paul will detail strategies and insights borne of 25 years of first-hand experience retired overseas. He’ll show you how to arrange your financial life so that you can realize the retirement life you’re hoping for…abroad.
Welcome to the New Retirement Revolution. Get ready for the time of your life.
Kathleen Peddicord
Publisher, The Overseas Retirement Letter
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