The most compelling reason to think about retiring overseas is the cost of living. Whatever your budget for retirement, it will stretch much further in many places around the world than it will in the U.S. If your retirement budget is very small, retiring overseas can be the secret to shifting your retirement from a cause for worry to an exciting adventure.
I see these kinds of posts/ad all over the internet and magazines and must admit my husband I have discussed them. But when push comes to shove and the con’s out way the pro’s we said no, not for us. The interesting thing is I don’t think we are any different than many other retirees. We like many others don’t have any pensions other than old age security (if you want to call it that), so lowering our monthly out lay sounded great.
Now if you are just retiring and in our 60’s the adventure might just be the thing for you. We are no longer that young and have discovered as time goes on travel is becoming less and less enticing. Neither of us has any real health issue so the cost of insurance or even our health needs were not a concern. What really was a factor was the amount of energy we would need to even pack up, sell what we have, travel to a foreign place, make plans for return visits home, and on and on. Heck just listing everything we would have to do, and what I have listed isn’t the half of it, has tired me out.
I read somewhere a comment by a woman who said getting old takes work and I’m inclined to believe her. Living every day in a place we know well and doing what we need to do to on a daily basis keeps us busy and active. I’m not sure I could do the same as easily in some place where we know no one. We may not even know where to get what we need to eat. That sounds way to complicated. I like simple and easy and that how I prefer to spend my retirement. I may have to find other ways to save or make money but it seems much easier to do here than in some other country. They are nice to visit but I don’t think I would want to live out the rest of my life there. So I guess I will stick with the newest kind of getting old – Aging In Place, this place and this country.