Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    First Person: Stretching Our Retirement Budget By Moving Overseas

    By gypsywrtr | Yahoo! Contributor Network – Tue, Jan 17, 2012
    This story comes from the Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world’s most popular websites.
    Do you have a story to tell? Become a Yahoo! contributor

    *Note: This was written by a Yahoo! contributor. Do you have a personal finance story that you'd like to share? Sign up with the Yahoo! Contributor Network to start publishing your own finance articles.

    Open the box and start looking around. There are retirement options for every budget, you just need to know where to look. In 2011 my husband and I sold and or gave away all of our worldly possessions and packed our bags. Keep reading, because right now you are thinking I am off my rocker. In reality, I am sitting in a rocking chair enjoying the cool breeze off the lake as my husband sleeps in a hammock.

    How did we afford to retire? We looked outside the box, actually we looked out of the country. With car insurance, cell phone contracts, bills lining the mailbox it was time to make a break. We sold everything we had, knickknacks, furniture, the car and even our house. We bought airline tickets and packed our bags.

    We are not the only people that have discovered life outside the United States. Central America has many options, our favorite being Nicaragua. Here, the cost of living is peanuts compared to back home. Beer is a dollar, lunch is two dollars, and you can have your house cleaned for less then dinner at McDonalds. There is no need for health insurance as doctors and dentists are easy to find and office visits are less then your co-pay back home.

    Everything you could want is at your doorstep, with fresh local fruit in the market and hard to find imports at the larger stores. There is an abundance of reasonably priced real estate, just know what you are looking for and don't buy bigger then your budget. If you are not sure what you want, try renting for several months. This will give you the chance to see if you are truly happy with your decision before you have invested.

    Moving to a foreign country can be scary, but the one place that won't be scared is the wallet. Look at your budget, and start eliminating things that are currently pushing retirement further away and see which of those things you can live without. Add a tropical destination with over 300 days of sunshine and reconsider, retirement doesn't have to be just a dream, open your mind to creativity and places such as Nicaragua, you may find anything is doable.

     

    There are no comments yet

    [ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]
    [ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]

    News For You

    Loading...

    US News »

    • Astronauts float inside SpaceX Dragon capsule Irene Klotz
      The SpaceX Falcon 9 test rocket lifts off from Space Launch Complex 40 at the Cape Canaveral Air Force Station in Cape Canaveral

      CAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station opened the hatch and floated inside a Space Exploration Technologies' Dragon capsule on Saturday, the first privately owned spaceship to reach the orbital outpost, NASA said. Running ahead of schedule, station commander Oleg Kononenko …

    • Biden tells West Point cadets: prepare for new threats Laura MacInnis

      WASHINGTON (Reuters) - Most of the cadets who graduated on Saturday from West Point were in elementary school when hijacked planes hit the World Trade Center and Pentagon on September 11, 2001, and enrolled in the U.S. military academy with wars raging in Iraq and Afghanistan. Vice President Joe Biden lauded the brave choices …

    • No need to wait for November to know election outcome Kathy Finn

      NEW ORLEANS (Reuters) - Many folks may fret themselves into a frenzy over the November U.S. elections and whether the world will come to an end on December 21, but for about 1,500 people gathered in New Orleans for the United Astrologers Conference, all will be revealed this week. "Some of the world's top astrologers are …

    • Bud dumps heavy rain on Mexico's Pacific coast
      Hurricane Bud appoaches landfall in Mexico

      MANZANILLO, Mexico (Reuters) - The remnants of the first hurricane of the 2012 season, Bud, dumped heavy rain along Mexico's coast early on Saturday but caused little damage before it turned back into the Pacific. The storm, which on Friday had threatened to hit land with hurricane-force winds, lost strength as it neared …

    • Subtropical Storm Beryl swirls toward U.S. southeast coast

      MIAMI (Reuters) - Subtropical Storm Beryl churned toward the U.S. southeast coast on Saturday, threatening heavy rains and dangerous surf on Sunday to northeastern Florida, Georgia and South Carolina, the U.S. National Hurricane Center said. Beryl was centered about 230 miles east-southeast of Charleston, South Carolina, …

     
    One money saving tip you probably haven't tried
    Add your ideas and help make it happen. Join the conversation.
    Episode 11: Hard times for Hometown Hardware
    Should Bill and Donna take on more risk to boost their business?
    One small business owner surprises Bill and Donna
    How Josh's comment on a Remake America video laid the groundwork for something bigger.
    Learn more about Remake America »