Those nearing retirement and realizing that they will either retiring on a tighter budget, or putting of retirement for a few years more are probably looking for other options, specifically, the best place to retire cheap. Mexico is, in fact, this place.
A cost of living comparison to the U.S. will show that retirees can live for much less in Mexico than in the U.S. or in Canada. Healthcare is one example. For the most modern healthcare, which, according to the World Health Organization, is on par with private hospitals in the U.S., and which many expats feel is actually more personalized, with doctors taking time to talk to you, residents can save between 50 and 70% compared to costs back home. Unlike the U.S. or Canadian systems, waiting lines are virtually unheard of. Food, bills, transportation and entertainment are also much less expensive.
Mexico real estateis also very cheap. While mansions on the beachfront can run into the millions, there are very comfortable condos a walk away from the beach, charming colonial homes in old cities, or comfortable homes on a lakefront available for just about any budget. Whether in the high-end, or more affordable, value for your money is much greater here in Mexico; for most retirees, these savings are the difference between retiring early instead of late, and enjoying day to day life, rather than trying to squeeze by on a limited budget.
While there are other places to retire cheap, no other combines the benefits of Mexico, which include:
low cost of living and real estate, as mentioned above
high-quality services – up to date, like what you’re used to from back home, or even better
close to home – flights from Mexico to the U.S. or Canada can be from 1 hour to 4 or 5 hours for the most extreme distances; the cost of direct flights is also very low
Other cheap locations will be much farther away, and usually don’t offer direct flights, significantly increasing both time and money spent on visits back home, or visits from friends and family. The vast majority also don’t include the high quality of modern services like in Mexico.
Sure, there are many places to retire cheap, but if you want the best place to retire cheap consider Mexico.
TOPMexicoRealEstate.com; Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”
Region: Playa del Carmen real estate Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.