Baby Boomer Lifeboat   

    Tips for Comfortably Retiring on a Limited Income

Baby Boomers can still retire even on a limited income by taking steps to stretch their dollars! 

Tips and advice for making your retirement dollars go further!

 

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Affordable Baby Boomer Retirement Aboard

 

Boomers are Stretching their Income by Retiring Abroad

With our busted economy and increasing costs, it is difficult for the typical Baby Boomer to comfortably retire in the United States unless you have a monthly guaranteed income of several thousand dollars.  But what if you could retire to an area where a relaxing lifestyle can be enjoyed for just $1,200 monthly, or you can live very well (with maids and gardeners) for, say, $2,500 monthly?  Interested?

Many Baby Boomers are retiring comfortably outside the U.S. where the dollar goes further.Obviously, you probably won't find these places within the United States.  Moving to another country where the cost of living is lower offers substantial benefits for those without a large financial nest egg.  Life can be good...very good. 

American enclaves often exist for those who are afraid of cultural shock and language barriers.  Health insurance and medical facilities are good.  Financial matters are easily handled.  Internet and phone service are uninterrupted.  Climate and scenery are outstanding.  The recreational activities you enjoy are readily available.  Safety is not a major concern - crime is typically less than in major U.S. cities.  And you are just a plane ride away from family and friends in the United States.

I cannot afford to retire in the US, mainly due to the high cost of medical insurance (until the age of 65), cost of property ownership, and so on.  The choice of Central America, besides a terrific weather pattern, is enjoying affordable  property values, affordable medical insurance/procedures, and inexpensive food prices. Being in the tropics, clothing costs are limited, and there are no heating bills. Air conditioning may be more comfortable but is not required in most areas.

- Rudy, 62

But it takes an adventuresome personality to move abroad.  And we advise not purchasing property until you have lived in your selected location for at least a year.  There are a lot of considerations, but even on a low, fixed income it is possible to retire like royalty. A good site to get real-world information about retiring or investing overseas Live and Invest Overseas.

Explore retiring overseas from the comfort of your living room with this comprehensive new guide from Kathleen Peddicord, a true expert on the subject who has actually retired abroad.  Save time, money and energy by learning from her experiences.  Learn how you can comfortably retire abroad even on a limited income!

 

We have researched areas popular among American retirees.  The Caribbean and countries south of the border currently offer the best locations for Boomers with limited savings or on a fixed income to retire. These choices also have the benefit of fast access to the U.S. for visiting relatives and friends.

 

http://www.liveandinvestoverseas.com/events/events.html

Top Health Insurance Options For The Retiree Abroad
Top Health Insurance Options For The Retiree Abroad

Seven Places Where You Could Retire Today On Your Social Security Income Alone

The average Social Security payment in the United States is slightly less than US$1,200 per month. If you qualify for Social Security, you can receive your monthly payment almost anywhere in the world. You can even have it direct-deposited to your overseas account in many countries. Then, Social Security check in hand, even if you have no other retirement income whatsoever, you could retire quite well in seven places our editors have identified.

A new report has just been prepared, detailing everything you need to know about receiving your monthly Social Security payments overseas.

CheapOair.com

Plus, this current special report introduces you to the seven most Social Security-friendly overseas retirement havens.

It can be yours free with our compliments when you take this opportunity to become a subscriber to the flagship retire-overseas publication, the "Overseas Retirement Letter."

Find out how to receive your free copy of this new report here.

 

The World's Most Affordable Places To Retire...


The world's safest retirement havens...friendliest places to live...best weather...lowest tax burdens...most beautiful, most exciting, most infatuating places to hang your hat...

Plus best rental options...smartest places to own...


Global Property Investor's Marketwatch, a VIP service from Live and Invest Overseas

Discover what millions of expats already know: In the right destinations, the values are great, and the lifestyle is extraordinary.

Here is the help you need, the top resource available anywhere to help you map out a plan for your new life in the overseas haven with your name on it.

From Argentina to Belize, from France to the Dominican Republic, from Panama to Thailand... complete and in-depth reports on the world's top retirement havens for 2011, including full details on residency, health care, taxes, and itemized monthly budgets.

 

How To Retire Overseas in 12 Months or Less


Retirement Locations for U.S. Baby Boomers

 

Here are some countries south of the border that you should evaluate for overseas retirement or investments. There are, of course, pluses and minuses to relocating to these countries to enjoy a comfortable retirement.  Click on one of the links below to learn more:

 

Argentina

Belize

Brazil

Costa Rica

Dominican Republic

Ecuador

Mexico

Nicaragua

Panama

Uruguay

   

 

Have you retired outside the U.S.?  Tell us your Story and

we'll publish it here on the Baby Boomer Lifeboat website!

 

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