Friday, August 1, 2014

Retirement Destinations

I have written about retirement destinations before on this blog. I found a few more lists of places and I wanted to share. The first one is from Yahoo! Travel and Kathleen Peddicord, founder of LiveandInvestOverseas.com (whom I have mentioned on this blog before) and the second is from Dave Ramseyamateur financial adviser. I tried to keep the post short since its two lists so if you want to know more please click the links provided above. 

Yahoo! Travel's list:
Malta
Cost of living: This archipelago, located about 50 miles south of Sicily, is more expensive than retirement destinations in South America and Southeast Asia, but compared to the rest of Europe, it's a bargain. A long-term rental in Valletta runs from about $600 to $1,000 a month. A couple could live comfortably for $2,000 a month.

{Source: Thinkstock}
Cayo District, Belize
Cost of living: A couple could live comfortably in western Belize for $1,400 to $1,700 a month. In San Ignacio, you could rent a two-bedroom furnished home for $500 to $600 a month, or buy one for $75,000. A two-bedroom home on 20 acres just outside San Ignacio was recently listed for $199,000.

Guethary, France
Cost of living: Many retirees rule out France as a retirement destination because of the high cost, but the Basque region is surprisingly affordable. At current exchange rates, a couple could live there comfortably for $2,000 a month.

Nuevo Arenal, Costa Rica
Cost of living: A retired couple can live comfortably on $2,000 a month.

Tagaytay, Philippines
Cost of living: The Philippines has the second-lowest cost of living of the 24 countries in International Living's Global Retirement Index. A retired couple could live quite comfortably for about $800 a month.

Antigua, Guatemala
Cost of living: Guatemala tied with Cambodia for the lowest cost of living on International Living's Global Retirement Index. Many American couples live quite comfortably on $1,500 a month, but it's possible to get by on much less. A furnished apartment with a rooftop terrace costs $350 a month, according to International Living--and that includes utilities, cable and WiFi.

Tulum, Mexico
Cost of living: Tulum is more expensive than some other expat communities in Mexico, but it's also not as overrun with resident Americans. A retired couple can live comfortably on a budget of between $2,500 and $3,500 per month. But for what you get, the cost of living is still less than it is in many parts of the U.S., says Ron Burdine, 48, who has lived in Tulum for seven years and plans to retire there. Housing prices range from $85,000 for a small two-bedroom house to more than $2 million for a beachfront hacienda. Monthly rents for a two-bedroom, furnished condo range from $550 to $1,200 a month.

Sihanoukville, Cambodia
Cost of living: Cambodia tied with Guatemala for the lowest cost of living on International Living’s Global Retirement Index. A couple could live quite comfortably on $700 a month. A furnished 2,000-square-foot house on the beach with free high-speed Internet and utilities costs about $150 a month. A three-course lunch costs about $5.

Dave's list:
Florida
And she’s right! You can retire for $100 a day in Gainesville, according to AARP, or spend your golden years in the lap of luxury in Naples, North Key Largo or Palm Beach—three cities that made Forbes’ “25 Top Places to Retire Rich” list.

Hawaii
According to Forbes, the average home in Honolulu will cost you $500,000. But the aloha way of life may be worth the premium. From consistently wonderful weather, a laid-back lifestyle, to an abundance of natural and cultural beauty, and the fact that you could have a backyard filled with healthy foods that you can grow yourself.

{From our trip to Hawaii Island, 2011}
Texas
If you’re looking for wide open spaces with a side of swagger, don’t mess with Texas. With 268,596 square miles to stretch your arms, Texas has room for every retirement lifestyle.


Colorado
Colorful Colorado is a great destination for outdoor lovers who want to maintain an active retirement lifestyle. In fact, a recent Gallup-Healthways survey ranked Colorado as one of the top states for well-being. Another reason to move here - the sun shines almost every single day. Pueblo, Colorado, gets more sunshine than Honolulu.

Tennessee
For many of you, there’s a rocking chair with your name on it in the hills of Tennessee. A good reason to put Tennessee at the top of your list should include the no income taxes, low property taxes and low car insurance.

Costa Rica
Looking for a place where you can live in paradise for $2,000 or less per month? Costa Rica might be for you. Costa Rica stands out because it offers top-notch medical care, with many U.S.-trained healthcare providers. In fact, that’s just one of the many reasons International Living included Costa Rica in its “World’s Best Places to Retire in 2014” list. Another plus is the abundance of fresh produce and fresh fish is very healthy.

RV or Bust!
You can’t tie a free spirit down—not even in retirement. Who needs to stay in one place when you can see and experience everywhere? Like 2People1Life



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