In today’s world of economic uncertainty,astronomical healthcare costs and rising prices basically everywhere,retirees often find themselves facing dire straits that are a far cry from the “golden years” they envisioned while still part of the workforce. Instead of trying to claw their way back and continue working only to risk never enjoying the retirement they’ve earned,many retirees are learning to think outside the box and are considering a retirement abroad instead.
“Retiring in Mexico may be a good choice for those looking to enjoy new experiences and cultures,access to affordable healthcare,a change of scenery and a lower cost of living,” writes Investopedia. “A comfortable life in Mexico can be remarkably affordable.”
If becoming an expat sounds appealing,start by doing plenty of research about your top destinations. Cancun is an excellent choice because its residents enjoy easy access to the U.S. and major airports around the world thanks to the local international airport,as well as every amenity one could imagine,excellent low-cost healthcare and an active,engaging lifestyle right on the Mexican Caribbean Sea.
“Before we started researching,I didn’t believe the life we are living now could be within reach for regular folks like us,” writes expat,retiree and Cancun resident Diane Murray for International Living. “We are on a fixed income,and don’t have a massive nest egg to carry us through our retirement years. What I found out,however,is that a retired couple can live quite nicely,on the beach right here in Cancun!”
Today,the Murrays own a nice two-bedroom,two-bath fully furnished beachfront condo with a large roof deck that boasts expansive views of the Caribbean Sea and a large natural lagoon with lush tropical landscaping. Now,their days are spent walking the beach,floating in the warm turquoise water and exploring the region’s many unique offerings,with trips to the various ancient Mayan ruins in the nearby area,hours spent swimming in the many local cenotes (stunning freshwater pools that emerge from the Yucatan’s limestone bedrock) or enjoying some of the Riviera Maya’s many water sports,including snorkeling,kayaking,boat tours and deep sea fishing.
In addition,Miami is just a two hour flight from the Cancun International Airport and the cost of living here can be as low as $2,500* per month for a couple who is wiling to live modestly. Home to some of the world’s best places to retire,top destinations in Mexico also offer a wide variety of excellent real estate and beachfront properties that offer an unbeatable array of amenities and easy access to all that Cancun and the adjacent Riviera Maya have to offer.
“Being retired in Cancun has been a dream come true,” Murray shared. “We finally have the time to enjoy everything around us. Who needs a gym membership when the beach is just steps from our door?”
*Keep in mind that this figure does not include the cost of moving your household to Mexico,or any travel costs. The true cost of retirement will vary depending upon your situation,lifestyle,choices,etc.