Retire to Mexico

Retire to Mexico

More reasons to retire to Mexico – they’re building homes just like here in America
Retiring in Mexico: No Longer Just a Dream

by Phoebe Chongchua
“Sounds so simple I just got to go,” James Taylor sings about Mexico. That’s exactly what the developers of a new American-developed, full-ownership, beachfront, active adult community in Mexico are hoping seniors will do.

“We chose Mexico for a couple of reasons. One, we know that it’s a major second-home destination for people in the 50-plus demographic anyway and what isn’t [developed] down there is the active-adult community. That’s just a very rare breed down there,” says Lee Ratta, Senior Vice President Organizational Advancement, Front Porch.

So Front Porch Development Company set out to create something very unique in Mexico.

“We actually had someone approach us from Mexico,” says Ratta. She says that Grupo Krone, a very-well-known major company in Mexico, is partnering with Front Porch to create Luma.

When completed Luma will offer more than 400 residences located on Mexico’s Pacific Coast in Nuevo Vallarta which is just 15 minutes north of Puerto Vallarta Airport and 30 minutes north of Puerto Vallarta.

“There’s a strong sense of wellbeing that is attached to Luma; a strong sense that you can come here and sort of explore new adventures, says Ratta.

Story Continues here…

Retiring in Mexico: No Longer Just a DreamRealty Times, TX – Apr 22, 2007

We will have a full beachfront restaurant and bar, a wellbeing center on the oceanfront that will have the gym, life coaching, and all the classes: Pilates,

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Retire in Florida – Top 4 Florida Retirement Options

Retire in FloridaTop 4 Florida Retirement Options
Floridians have been discovering new options for a comfortable retirement — right in their home state.

Gainesville, Tallahassee and even Miami offer all the essentials of retirement living.

With affordable housing (the median house price is $130,800) and some of the best healthcare in Florida (five stellar university hospitals), Gainesville also offers plenty of intellectual stimulation from the University of Florida and warm, freshwater springs where you can swim, fish and canoe.

The median age here is only 29, but more seniors are scoping it out, thanks in part to Oak Hammock, a life-care community affiliated with UF.

Oak Hammock’s 390 residents pay between $115,000 for a studio to nearly $500,000 for a 2,350-square-foot club home, as well as a monthly fee of $1,100 to $4,300 to cover meals, maintenance and future healthcare costs.

Residents don’t own their homes (and don’t pay property taxes or bills for electricity or cable).

What they’re paying for is any future assisted living they may incur as they age.

In addition to independent homes, the community has assisted-living apartments with attendants, housing where skilled nursing is available for a few days to several months, and a ”memory unit” for residents with Alzheimer’s and similar conditions.

At the 3-year-old community, UF students work in occupational and physical therapy in the rehab center, serve as personal trainers in the fitness center and work as interns in nursing and veterinary medicine.

Students from the university’s music and fine arts department perform regularly, and professors hold classes and lectures on art, law, healthcare and history at Oak Hammock’s Institute for Learning in Retirement.

Keep an eye out for more university-linked retirement communities: The Praxeis Group, the development company that manages Oak Hammock, is planning similar communities in Tallahassee affiliated with Florida State University and in Orlando connected to the University of Central Florida.

The state capital has a revitalized downtown and two major universities.

A three-bedroom, two-bath house will run about $300,000, but seniors here receive an additional $25,000 homestead exemption on top of the statewide $25,000 exemption.

Intellectually, people here are the highest-educated in Florida, with 49.9 percent of the population with either a bachelor’s, master’s, professional or doctorate degree.

(Florida’s average is 22.4 percent, and the national average is 24.4 percent.)

Its image of strip malls and Waffle Houses is quickly fading.

With its proximity to the state Legislature, Tallahassee offers opportunities for consulting and lobbying businesses.

It has its own regional airport and is home to Florida State University, Florida A&M University and Tallahassee Community College.

Listed as one of ”tomorrow’s retirement hot spots” by Consumer Reports Money Advisor, Tallahassee has a senior population that accounts for only 8.3 percent of all residents.

But the number is expected to climb to 16.3 percent by 2030 as more retirees move to the low-priced and low-taxed city.

More and more boomer retirees are shirking suburbia and returning to major urban areas as they seek out more cultural and entertainment opportunities.

They even have a name: ruppies (retired urban people).

Miami is welcoming them with a huge condo market, the Carnival Center for the Performing Arts, a farmers’ market at Bayfront Park, art galleries in Wynwood, a thriving restaurant scene and trendy shopping in the Design District.

Add an international airport, several major universities and the Metromover and Metrorail for getting around, and Miami starts to sound downright desirable.

Miami is listed at one of the country’s 20 best retirement downtowns in the 2006 book Retire Downtown: The Lifestyle Destination for Active Retirees and Empty Nesters, by Kyle Ezell (Andrews McMeel Publishing, $18.95).

The book sings the praises of the Brickell area and neighborhoods west of Bicentennial Park, calling Miami the ”New Hollywood” for the attraction it holds for many of today’s celebrities.

Miami is one of the least-affordable places to live, with 69 percent of its residents spending at least 30 percent of their household incomes on homeownership.

With downtown condo prices in the millions, it only holds appeal for those who can afford it.

The small, civilized town on Florida’s Gulf Coast has 35 miles of beaches, good boating in the Gulf and Sarasota Bay, fine dining (not an early-bird special in sight) and amazing cultural opportunities.

The city has its own opera, a symphony, a film society, a theater scene, lots of art galleries and the Ringling Museum of Art, with paintings by Rubens.

The median house price is $176,100 — and you may find a mid-century gem in the housing market.

The city, which cultivated its own group of mid-century modern architects, is home to the Sarasota School of Architecture.

The style incorporated elements of Bauhaus and Frank Lloyd Wright’s ”organic” architecture.

Sarasota ranked in the Top 5 in a recent AARP report on ”highly livable” towns that took affordability, community life and job growth into account.

There’s Sarasota-Bradenton International Airport nearby, and the local economy is robust, with unemployment a mere 2.8 percent.

It’s also spring training camp for the Cincinnati Reds.

A downside: Snowbirds flock here in the winter, which means traffic can get very annoying.

Halfway between Orlando and Daytona Beach, DeLand is home to Stetson University and a downtown area that has been undergoing extensive renovations in recent years.

”There were lovely old almost-mansions, a college campus, a downtown that was revitalizing, although it was a little rough,” Bland says.

Retire in your own backyard (Miami Herald)


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Best Retirement Areas

Best Retirement Areas

Mexico is one of the best places to retire. It has a simliar quality of living and healthcare costs are much lower. The weather is said to be life Florida but without the humidity.

mexico retirement

Honduras is also among the top places to retire. It is a safe and clean place to live and enjoy your retirement.

Tela, Honduras

Nicaragua was recently featured as “The World’s Best Kept Retirement Secret” and US News and World Report deemed one of the top 10 retirement destinations in the world.

beautiful women of nicaragua

Spain has some of the best retirement areas. It is becoming increasingly popular as more and more people discover what it has to offer, namely first-world European luxuries and charms with the sun and sand of Spain’s famous beaches.

My happy place in Spain

France is also home to some of the top retirement areas. It offers a great quality of life along with all the modern day comforts you enjoy at home.

Eiffel tower at night


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Make ideal retirement meet reality

Getting to the ideal retirement
The ideal retirement: After a lifetime of hard work – raising the kids, sweating out the bills, and building a stable and secure life – you and your spouse will be able to enjoy your golden years doing the things you’ve always dreamed about.
The reality of retirement: It probably will be years of fun and leisure, but retirement can also be a time of financial difficulties, compounded by possible illness and loneliness.
It’s prudent to prepare for the worst while hoping for the best.  That’s why couples need to arrange for their retirement security as early as possible.  Much of this preparation has to do with recognizing the need to “save money ahead” to fund a comfortable retirement.
t Life as a healthy, retired couple.
This is the ideal, the retirement dream that most couples envision.  If they’ve planned well, they’ll have the money to do everything they’ve dreamed about doing.  Unfortunately, “dreaming” is about as far as retirement planning goes for many people.  As our life expectancy increases, so does the possibility that one partner becomes the caregiver.  Without adequate medical and long-term care insurance, the financial strain can be devastating.

t One partner dies, possibly leaving the survivor in a financially threatened position, unless proper plans have been made.  When the two of you consider retirement, also consider these financial aspects.  Draft a will with your attorney and keep it current.  It’s the starting point for all retirement planning.

Take time to map out a retirement game plan together.
Identify common goals and determine the methods for achieving them.
Make sure both of you know where all the financial records are and how to access them.
Know the benefits of your pension plan and Social Security.
Then begin to build up a supplemental fund of your own.
Take charge of your own retirement – a large portion of retirement funds may need to come from personal savings.
A will can only go so far.
Estate taxes may erode a substantial part of your lifetime legacy.
It’s important to develop relationships with professionals in several areas – legal, tax, insurance, and financial.
These are the people who can help you map out and fund your retirement plan.

The ideal and reality of retirement sometimes don’t meet (Half Moon Bay Review)

The ideal retirement: After a lifetime of hard work – raising the kids, sweating out the bills, and building a stable and secure life – you and your spouse will be able to enjoy your golden years doing the things you’ve always dreamed about.

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