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        Tips for Comfortably Retiring on a Fixed Income

Baby Boomers - Retire in Costa Rica

Different than Mexico, But the Dollar Still Goes Further!

Situated between Nicaragua and Panama, many Baby Boomers choose Costa Rica as an ideal place to retire.  In some ways, it is more modern IF you live in one of the large cities.  The climate, however, can be hot and humid, especially along the beach areas.  The mountain areas are more temperate.  And the cost of property varies with how far you are from one of the major cities or beaches - the further away you are, the less it is. 

Political stability is one factor that has created a growing economy in Costa Rice.  However,  infrastructure outside the major cities is said to be "iffy," with roads, phone and Internet service and medical care spotty. And there are more legal hoops for foreigners than exist in Mexico for buying property and doing business in Costa Rica.

Nonetheless, Costa Rica is a beautiful place for baby Boomers to retire.  In most areas, housing costs less than what it does in the U. S. and hired help is a steal. Utilities (telephone service, electricity, and water) are cheaper than in North America.  With its exquisite mountains and delightful beaches, abundant flora and fauna, American communities, and affordable real estate prices, Costa Rica should definitely be checked out by any Baby Boomer considering relocating to a more affordable country.

The carefully selected information below will help you to quickly learn about relocating to Costa Rica to enjoy your retirement years.  A good overview on this subject can be found on BabyBoomer-Magazine.com.

A piece of advice.  Do your homework.  Learn about the pluses and minuses.  And before making any decision, take an extended vacation to visit candidate locations within Costa Rica.  Ideally, rent for the first year before making a decision to purchase property.