Post by lessingham on Jun 16, 2019 16:16:43 GMT -5
What surprised me was living down to a post work income. I really wonder what I spend my wages on. The only economic truth is the surplus, the "annual income..." speech from Dickins. As long as I end the month with a surplus, I am as rich as most working stiffs
Post by northstarmom on Jun 16, 2019 17:16:57 GMT -5
Worksforme;:”Retiring to another country is something I have often thought about. But I just can't make the numbers work. My home and property is paid for as are my vehicles. Basically I have no debt. When I tally the insurance, utilities, taxes and maintenance costs I come up with an average of between $600 and $650 a month. So far I haven't found any country in the world where I can have a residence with all the amenities as mine does at a cost anywhere remotely close to what it costs me to be here..”
You’d sell your house and your vehicles and most of your other belongings. Put that money in some kind of an investment fund that gives you income. Then move to a place like Ecuador, Mexico, Thailand or Panama where your money would go a long way and the lifestyle would be less stressful. Another option: for the money you get for your house, you could probably buy or rent a much nicer rental place abroad and have money left over.
Think, too, whether you really need all of the material things you have.
International Living magazine has a lot of info about comparison costs of various countries that could be good places to retire to.
Yesterday I watched a video about living in Ajijic alongside Lake Chapale (largest fresh water lake in Mexico) in the state of Jalisco Mexico. The video was very complimentary to the area. No crime and the locals were very accommodating. It was nothing like the TV news that showed crime and poverty. I don't know how old the video was but one local realtor said decent apartments started at $250 per month. Medical care was 25% to 35% of what it cost in the USA.
The down sides were a long way to go home to see relatives and you have to learn Spanish or you miss out on so many things.
Post by northstarmom on Jun 16, 2019 18:04:32 GMT -5
Learning something new as one ages is a good way to make friends, be interesting, expand one’s world, and keep one’s brain from deteriorating. I’ve been studying Spanish for several years even though learning languages is hard for me. I’m seeing progress even though I doubt i’ll ever be fluent.
Post by northstarmom on Apr 26, 2020 17:01:32 GMT -5
Here’s a follow-up on my life in Mexico since post SM partner and I moved here from Florida last June.
Once we arrived here (after selling his house, my car and all of our belongings that didn’t fit into his SUV), it has been the easiest transition to a new area in my life, and as an adult, I lived in 8 states and DC). People here — gringos snd Mexicans are so wrlcomithst you can make friends by walking down the street or going to a restaurant.
We moved here because it has community theater in English. We met in community theater in Florida and wanted to continue pursuing that hobby. So far, we have performed together in a play here and have each performed in one additional production. We were supposed to perform in another play but that has been postponed due to the virus and quarantine.
I’ve taken a lot of Spanish classes and now can have casual conversations with the very patient and kind native speakers here.
I found a wonderful doctor who within minutes correctly diagnosed me with hypothyroidism. I’d had symptoms for at least 3 years including tiredness and significant hair loss but my US doctors missed the diagnosis. Incidentally, I paid about $25 US for my hour-long doctor’s visit! Doctors here go by their first name, eg, “Dr. Lupita,” and they take their time and even make house calls and drive patients to the hospital!
Instead of paying the at least $600 US a month insurance would cost me here (without covering preexisting conditions), I’m self insuring as are many expats. Quality of medical care is very good where I live. Throughout Mexico, prescription medications are much cheaper than in the US. A four-month supply of one of my meds costs about $60 here. In the US with insurance, it cost me $100-200. Without insurance, the generic was $600 a month!
We have a beautifully furnished 2 bedroom, 2 bath apartment with patio, washer/dryer, dishwasher, filtered water, patio, Internet, and air conditioner for $850 US a month. Our electric bill is about $20 US a month.
Most of the expats here are interesting, friendly, fun, and independent. They are the type of people who chart their own lives. Many have lived in other countries and have been married multiple times. They view things like past marriages as lessons learned, not things to be ashamed of. They also are very active in arts, volunteer, and athletic groups.
Until the quarantine, we were seldom home because we both we’re more involved (typically separately) in so many outside activities. Quarantine is hard because we were used to doing so many things with other people but at least we are quarantined with Internet service and with someone we love!
When we decided to become expats, most of our friends either thought we were just fantasizing or they thought we were making a mistake. But our move has worked out for us. It has been thrilling to do something new like this in our senior years.
And, fwiw, none of this would have likely happened if 8 years ago I hadn’t decided to divorce my husband of 34 years. Life was too short for me to continue in a dead and sexless marriage. When I decided to divorce, I had no lover or prospective one. I just knew I’d be happier living alone than remaining with my refuser. That perspective opened my world.
Pps. When I worked in the university cinema there was a Mexican guy. He destroyed all the Mexican myths. He was smart, funny, interesting and a foodie. He disdained the Tex mex style of cooking and described longingly the various regional foods. He made Mexico come alive and stop being a tourist destination.
Post by northstarmom on Apr 27, 2020 9:39:00 GMT -5
Worksforme; “ Basically I have no debt. When I tally the insurance, utilities, taxes and maintenance costs I come up with an average of between $600 and $650 a month. So far I haven't found any country in the world where I can have a residence with all the amenities as mine does at a cost anywhere remotely close to what it costs me to be here.”
I think you need to do more research. I have no debt. I sold my home and most of my belongings. Conservatively invested my money. I had a very nice 3 bedroom, 31/2 bath 3,000 Sq ft home in the states with a big lawn in a lovely neighborhood. I have no desire for or need of a home now that is that big and has that much land. If I wanted to, I could buy a nice 2 bedroom home here and live comfortably on $600-650 a month. There are other places in Mexico and in the world where I could live as comfortably and more cheaply: Ecuador, Vietnam and Thailand come to mind.
International Living magazine is a great resource.
Post by angeleyes65 on Apr 28, 2020 11:57:15 GMT -5
We have talked about retiring in an ex pat community. Not sure where we have seen several that look nice and cheap living but should need a lot more investigation to actually go. I'm not sure how I feel about leaving my kids and grandson but in 13 years when I can my grandson will be in high school and my kids will be creeping up on 50 so I may be less reluctant at that time I also watched that show on hgtv about moving to other countries.
It’s a big decision. We did lots of research via books, Internet, FB groups, and we made 3 visits to Mexico before making up our minds.
I do plan to do more research on different countries in considering a relocation. I spent one winter in Mexico decades ago. A cousin and I took our Harleys and rode both north and south and east/west across the country. I know just a bit of Spanish so maybe Spanish speaking countries might make a decent fit for me. Following the research, perhaps a trial period of a month or 2 in a couple different countries would tell me what i need to know. As long as there is a Harley shop there just in case something happened to my bike.
This the "Shoutbox" -- basically a site-wide, group chat. (It's only visible to members.)
worksforme2: some better and some worse,..virus seems to be slowing down, but people are beginning to refuse to stay inside,...worst thing I see is Biden leading in the election poles,...but that could be fake news
Apr 20, 2020 16:56:22 GMT -5
mirrororchid: Politics? Is that what we want to happen here?
Apr 21, 2020 6:21:24 GMT -5
petrushka: Certainly not American style politics. Toxic echo chambers.
Apr 23, 2020 16:21:52 GMT -5
petrushka: However, I feel that sexual politics, including political moves that impact the relationships between gender (misogynist, misandrist, etc) definitely deserve room in this context.
Apr 23, 2020 16:22:59 GMT -5
fred: just calculated that i've spent somewhere near 19,000 days (& nights) as a "rejectee".AND that allows for 2,000+ days (& nights) on business travel apart from her. i've chosen to "stay" .....would never do that again, and can't as you see doing the math
May 15, 2020 18:01:15 GMT -5
worksforme2: 19000 days and nights,....damn dude, that's 52 yrs.
Jun 17, 2020 9:19:10 GMT -5
fred: you're a little short works - was thinking this AM, there has NEVER been a day when she indicated desire for me physically (other than for heavy lifting or finance)........LOL...........earlier, i had enough libido for both of us, now i'm left with guilt
Jun 20, 2020 13:11:12 GMT -5
fred: over imposing myself on her rather than simply leaving .....DAMN LOVE ANYWAY !
Jun 20, 2020 13:12:12 GMT -5
mesulina: update everyone, still has not happened. I have now come to accept that I will live with out. It is just different now.
Jun 29, 2020 19:32:31 GMT -5
worksforme2: Sorry mesulina,... but on the positive side you did stock up on toys a short time back,..now might be the time to go for the gusto
Jun 30, 2020 17:42:54 GMT -5
grower: Embrace a change, you will wonder why you waited so long
Jul 9, 2020 11:22:56 GMT -5
grower: Your life clock is ticking away, don't waste all your time. Live some.
Jul 24, 2020 9:53:20 GMT -5
fred: blue guy, i was where you are 30 years ago. stayed.................nothing changed. if i didn't love this nice lady so much i'd be in deep regret. if she doesn't think of you in a hundred "other" ways (as does my wife) GET OUT ! Life is short
Aug 10, 2020 17:43:15 GMT -5
jerri: Yuk on the plucking chicken feathers. If a chicken doesn't get sex and intimacy she just finds a beautiful cock sooner or later. I'd say there's a much higher "philandering" rate than anyone would care to admit. The rooster who is tormented findsa chicken!
Sept 10, 2020 8:23:56 GMT -5
csl: And yet, there is an entire segment of ILIASM stayers.
Sept 10, 2020 22:04:05 GMT -5
jerri: Exactly I have read multiple threads. I was very impressed with all the different solutions everyone has found. Intellectual group and the camaraderie is nice
Sept 11, 2020 9:44:57 GMT -5
Handy: What happened to being light outside until 9:30 PM? It is 7:30 PM and dark now.
Sept 20, 2020 20:46:01 GMT -5
jerri: It's not hot there? I am getting a slight break from the heat! Cheer up buddy!
Sept 21, 2020 0:27:37 GMT -5
petrushka: Well WE are getting closer to summer. Just passed Equinox. I expect the solar panels will start paying for themselves again in the near future. (over the last few months they have merely mitigated the power bills).
Sept 21, 2020 21:00:36 GMT -5