Retirement Enclave – Latin America
Retirement On A Budget: Expat Enclaves In Latin America
As you move closer to the day where your mind and body can’t handle the strain another day longer, you’ve been casting a nervous eye to your savings accounts. You are starting to worry that you will outlive your meager savings, or that the interest earnings from them will barely afford you a diet of pet food in your golden years.
After the 2008 crash robbed many boomers of their careers, their pensions (or a large portion thereof), and their investments, this feeling of unease has become palpable throughout the western world. Before you resign yourself to working until you drop dead, take heart: the overall strength of many western currencies have opened the door to a second possibility: spending a large portion of your year (or all of it) in a developing country with lower costs of living.
For those that call Canada and the United States home, this means that much of Latin America has suddenly become an option for those looking for a retirement hack that will allow them to continue living the middle class lifestyle that they have become accustomed to well into the twilight of their lives. Which ones ranks among the very best of all the options out there?
The following five nations have advantages that lift them up over their neighbors, the details of which we will go over in the coming paragraphs…
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