3 Retirement Worst Case Scenarios To Avoid

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Retiring abroad means that you dont like to finish your life in your contry of origin,whatever is your nationality. The idea of retiring abroad is good, the difficulty is to make the right choice. Most cheap countries with excessive birth rate will increase crime sooner or later. The medical assitance is important, however if you become really sik the best hospital will not help except to suck all your money! I believe you must at first know exactly your health status and treatment requirements, then take your chances. It is better to finish your life in a nice place than be afraid and live near a good hospital in Florida for example. Good luck to all. Pierre.

Pierre 5:20PM December 01, 2011

My suggestion to Raymond is to get his TESL/TEFL certification and travel the world pursuing his passion for teaching. There are more ways to teach than in the standard American classroom. You can spend 6-9 months in any of dozens of countries all the while paying your expenses while doing what you love. My daughter did her practicum in China and travelled the country every weekend by train and plane, styaing in hostels and hiring interpreters and bicycles where and when necessary. Do it and I'm sure you won't regret it. My spouse recently got her certification and I'm doind so this coming spring. "Retiring" at 51 isn't a bad thing.

Grant O 9:37PM December 19, 2010

We have a comfortable retirement, but it doesn't meet cost increases. We could sell home and have about 50k equity. Little in IRA. How do u purchase a house with a loan oversees? We have tricare from military service, how is that accepted in other countries.

Vickie Degand of KS 10:22PM December 15, 2010

Here's the problem: I retired as a principal teacher about two years ago but cannot conquer my need to go back to the classroom for approximately half the year working as a substitute/relief teacher. I don't need the money but I do need to teach. Perhaps it's the urge to perform and hold the attention of the class is at the heart of it. Only today I was saying to my wife that I had now outlived the actuarial lifespan of retired teachers: two years. She wisely pointed out that I hadn't actually given up so that the two years only kick in when I stopped altogether.
Maybe I'll visit lovely Belize and it will bring me to my senses. A year away from my theatre of operations might quench my need and lead to my displacement.

Raymond Hughes 1:04PM December 14, 2010

We bought the hype about investing in Panama and did end up putting our nest egg in what seemed like a great place. However, we purchased pre-construction and the quality is horrendous. We can never get our nest egg investment back. Do not purchase anything unless you see the unit built and have it inspected! I wish I had known this before. There is no recourse in Panama, they try and tell you that there is, but it is a lie.

joan of NY 12:18AM November 29, 2010

I am living in this region and wish to retire within this area; i have seen just few recommendations; can you suggest some more preferably by the beach?

Rashad 3:36AM August 26, 2010

BELIZE IS A BEAUTIFUL,TROPICAL, SAFE COUNTRY TO LIVE AND RETIRE IN. IT MAY NOT BE UTOPIA,BUT IT IS EASY TO GET TO AND IS VERY AFFORDABLE. YOU GET TITLE TO YOUR LAND AND THE LAW IS ENGLISH COMMON. THE GOVERNMENT IS VERY STABLE AND YES, YOU CAN RETIRE ON SS OR VA. THE COUNTRY REMINDS ME OF THE CAROLINAS IN THE 50'S. IT IS TRUELY ONE OF THE LAST NEW FRONTIERS.

B.L. AYCOCK of SC 11:26PM August 17, 2010

I have read about Tablas Island in the Philippines. Check out the website www.Sibonga.com There is an expatriate community being set up in Tablas Island where all of us can retire peacuffuly infront of the beach.
Go check it out.

Raymond Tuazon of CA 1:56AM August 16, 2010

My soon to be wife and I are looking to retire permanently soon and are more than interested in retiring out of the U.S.
I have been to many countries , but my stays there were not long enough to get a " local " perspective away from the tourist side of town, so to speak.
I keep looking at places like Ajijic, Mexico and Belize.
Any good information links to either or both places and any comments from experiences there will be most appreciated.
JT and LS texas

Joseph of TX 9:59PM August 15, 2010

Just adding my 2 cents worth to these interesting posts. My husband and I have been "retired" for 11 years in the Dominican Republic. It is possible to work at some low paying jobs within the expat community or purchase or lease your own business fairly easily and there are numerous charities in which to donate your time if so inclined. We lived comfortably on one SS ck taking early retirement and will do even better with the addition of my SS. Every country has positives and negatives and each person's life circumstances are different. One needs to evaluate their own desires and assets and decide from there. Would gladly pass on info re the DR to any interested parties. Our area on the northcoast is a multicultural one with people from all over the world which certainly makes things interesting.

P. J. Dunbar of NV 8:15PM August 15, 2010