Retire Overseas on $1,200 / Month

SifuPhil

R.I.P. With Us In Spirit Only
As part of my ongoing Quixotic quest to find a cheap Fantasyland I came across this site which gives five highly affordable places to retire abroad - as always, buyer beware. ;)

Retiring abroad isn't for everyone or even for most people. But the adventurous can find comfortable, even luxurious lifestyles in many places that cost them far less than what they would pay at home, said Kathleen Peddicord, the author of "How to Retire Overseas: Everything You Need to Know to Live Well (For Less) Abroad" ...


... People who are considering retiring abroad need to do their research, because countries vary dramatically in how welcoming they are to foreign nationals who want to become residents. Tax laws vary as well, and most Americans will want to buy health insurance -- either a local plan, which may cost less, or an international plan, which typically offers more flexible coverage. Peddicord said that in Panama, where her family of four lives, local or "in country" health plans cost as little as $100 a month but are not available to people over a certain age (usually early to mid-60s). An international plan with a $3,400 deductible might cost a 60-year-old about $180 a month ...

Retire Overseas On $1,200 a Month
 

That's really interesting, but by the time you pay health care, are you really any further ahead financially? Think I'll stay where I am, but all of you could come here!!! Not quite Fantasyland, but hey, we have four seasons, beaches all over the place, lakes galore and really nice people. Depending on where you want to live, it can be quite cheap for housing too.
 
That's really interesting, but by the time you pay health care, are you really any further ahead financially? Think I'll stay where I am, but all of you could come here!!! Not quite Fantasyland, but hey, we have four seasons, beaches all over the place, lakes galore and really nice people. Depending on where you want to live, it can be quite cheap for housing too.

I'm not sure what the healthcare situation is in Panama - heck, I'm not even sure what it is HERE - but I'm pretty certain that for most people it would be a significant amount that would have to be figured into the total.

I'm already on the East coast, thanks - just too far North on it. :D


Diwundrin said:
I'm already retired 'overseas', but thanks anyway.

Yeah, I was trying to find a word that wouldn't be offensive and "abroad" was the best I could do. "Overseas" is of course relative on the writer's part.

I could have ticked everyone off and called it "foreign". :playful:
 
I started thinking about retiring overseas many, many years ago but decided I wanted to stay in the USA. Stubborn that way. Kinda why I haven't left my roots in Kalifornica...
 
I started thinking about retiring overseas many, many years ago but decided I wanted to stay in the USA. Stubborn that way. Kinda why I haven't left my roots in Kalifornica...

Was just talking to my student today about this. We've discussed retiring to a different country before and Panama was just the latest one that we talked about, but we're still pretty much resigned to staying here. There's just something strange about living your entire life in one country and then bailing at the end. It's not about loyalty or patriotism or anything like that - I suppose it's just "comfortable".
 
Was just talking to my student today about this. We've discussed retiring to a different country before and Panama was just the latest one that we talked about, but we're still pretty much resigned to staying here. There's just something strange about living your entire life in one country and then bailing at the end. It's not about loyalty or patriotism or anything like that - I suppose it's just "comfortable".

Now you've woken the philosophical rambling dragon, siiiigh.

It's hard to pin a reason why people get attached to places. Some because they've never been anywhere else, (some because they want to be anywhere else), and sometimes there's just no explaining it.

It's more than a comfort zone thing I think. An uncle, born an Aussie country boy, was 'city' to his boot soles. He saw hardly any of Australia but in his later, better off years, he and his wife spent a couple of months every year for over a decade touring every US State except Alaska, and visiting friends they'd made in the States. (They visited with him when they fled their winter, it was a great deal they all had going.)

He 'belonged' in America, he was just born on the wrong side of the world.
His brother was as old school Aussie bushman as they come. The city was Hell personified to him, and the only thing that interested him about America were John Deere tractors, so it seems nothing to do with genetics, nurture or birthplace.

I've always had this weird 'homesickness' for the Kimberley Coast, a place I've never been! I 'belong' in the Top End. Although I have only ever spent a few weeks in the Northern Territory, I felt 'at home' there. It has the lifestyle, landscape, climate and characters that most appeal to me, but I wasn't physically, or financially, ever suited to living there. I have no idea why a city girl would want to live in the desert at the end of the earth but there you go. Guess I just like the wild (warm) empty places.

Where I live now is where I decided to retire to when I was about 12. I didn't know a single soul here, still don't know all that many and it's hours away from relatives. It was always just 'my' spot.
It was only ever a holiday destination, one of many, but it was the nearest other place I ever felt I was supposed to be. It just clicked. Still does. It felt 'familiar'. I lived elsewhere, in a small town for a while before here, but never once returned to the city or the house I was raised and lived in for over 50 years. I haven't seen Sydney since the day I left it in 2002. I liked the Sydney scenery okay, but I was never a 'city' girl and was never really 'at home' there.

The Kooris (aboriginals) have a deep need of "country". It's more than territory to them, it's more than where they're born, it's a kind of spiritual attachment to a particular tract of the planet. They see their bit of "country" and everything in it as their kin, they are born of it not on it. It owns them, not they it. It's a living entity to them, every bit as close and familiar as their relatives.
I have to admit that I wrote that off as bs to claim compensation and mining royalty money, as most of us do, and sometimes for good reason, but eventually did understand it a little. A kind of epiphany I had in the NT. It's not patriotism by any stretch, or 'ownership' issues, it's a 'belonging' thing.

We can't all live where we belong. Or even where we think we should belong. Our fantasy Paradise often falls far short when we find it. If the feeling of belonging isn't there then it's just scenery. You can watch a video for that.

My sympathy Phil, my dad was like you, always trying to find where he was supposed to be, and never feeling 'at home.'
But prepare yourself, he never found that place. He did have a hell of a good time and covered a lot of ground searching for it though.
 
Now you've woken the philosophical rambling dragon, siiiigh.

And now YOUR dragon has woken MINE - and I just put him down after his warm bottle and story, too! :( Well, now you're going to have to deal with him.

It's hard to pin a reason why people get attached to places. Some because they've never been anywhere else, (some because they want to be anywhere else), and sometimes there's just no explaining it.

I think that's the main principle involved here. The Tao is mysterious and we usually cannot understand or explain it; we just flow along with it.


It's more than a comfort zone thing I think. An uncle, born an Aussie country boy, was 'city' to his boot soles. He saw hardly any of Australia but in his later, better off years, he and his wife spent a couple of months every year for over a decade touring every US State except Alaska, and visiting friends they'd made in the States. (They visited with him when they fled their winter, it was a great deal they all had going.)

He 'belonged' in America, he was just born on the wrong side of the world.
His brother was as old school Aussie bushman as they come. The city was Hell personified to him, and the only thing that interested him about America were John Deere tractors, so it seems nothing to do with genetics, nurture or birthplace.

Interesting story. I agree that it's a VERY individual thing, and even in a single person it can change over the years.

I've always had this weird 'homesickness' for the Kimberley Coast, a place I've never been! I 'belong' in the Top End. Although I have only ever spent a few weeks in the Northern Territory, I felt 'at home' there. It has the lifestyle, landscape, climate and characters that most appeal to me, but I wasn't physically, or financially, ever suited to living there. I have no idea why a city girl would want to live in the desert at the end of the earth but there you go.

And they tell me that occult phenomenon is impossible ...

Guess I just like the wild (warm) empty places.

You'd love my bedroom then ...

Where I live now is where I decided to retire to when I was about 12. I didn't know a single soul here, still don't know all that many and it's hours away from relatives. It was always just 'my' spot.
It was only ever a holiday destination, one of many, but it was the nearest other place I ever felt I was supposed to be. It just clicked. Still does. It felt 'familiar'. I lived elsewhere, in a small town for a while before here, but never once returned to the city or the house I was raised and lived in for over 50 years. I haven't seen Sydney since the day I left it in 2002. I liked the Sydney scenery okay, but I was never a 'city' girl and was never really 'at home' there.

I was born and raised on the outskirts of NYC, then moved into the city for 7 years. I felt more alive during those 7 years than in any other time since. Could it be because I was a tadpole swimming in a massive, colorful ocean? That I was having my first taste of independent living? That I was fully alive, fully living and fully occupied (going to college, running my business and playing the pimp)? That everything was available 24/7? That I met a weird and wonderful (and truth be known, sometimes nasty) mix of people?

I don't know. I DO know that they say that when you're born a New Yorker you're always a New Yorker. Maybe this is what they mean.

Would I want to move back there again? Hell no! At least, not without winning the lottery first. But everything has changed - it's no longer the magical '70's. The Twin Towers are gone. The Pink Pussycat Boutique has gone tourist. Studio 54 is no longer, and Plato's Retreat is just a dim and distant memory.

Plus the street-vendor hot dogs are terrible now, even at $5 a pop.

Since then I've lived in California, Texas, Florida, New Jersey and, since 1987, Pennsylvania. I came here because my wife had relatives here and we were taking care of them. Fourteen years later we divorced and inertia just seemed to take over - I'm still here 12 years later. And here's a secret for you (don't tell anyone!) -

I don't like Pennsylvania very much.

Oh, it's your typical Commonwealth (technically it isn't a State), but the area I've been in has been on the decline for the past 50 years and shows no signs of improving. Sure, they're building new Wal-Marts here left and right, but to me that's like dressing a dead fish in mink, if you can somehow envision Wal-Mart as being made of mink. We've been getting the outflow of gangsters, drug dealers and lifelong welfare recipients from New York, Philadelphia and New Jersey for over 20 years now and they've pretty much taken over large parts of the town. Crime has gone up, property values have gone down.

Everywhere I've ever lived where I had a martial arts school and/or Chinese medicine clinic - California, New York and Florida - I've been successful. I'm still living off the money I made from those places 15 years later.

But here? My schools were a failure. The people here just were not interested. They saw me as a scammer or, worse, the Devil.

The young kids here flee as soon as they come of age. They know the job market here is atrocious. Some even stay long enough to graduate from one of the local colleges, but then they take a job offer somewhere else.

Now Florida for me is, for whatever reason, Mecca. Again, I don't know if it's because I had some of my happiest times there and I'm now looking at it through rose-tinted time-traveling granny glasses or whether it is truly calling to me. I know in my rational mind that beside the ocean, palm trees, hurricanes and insane alligators there's little that's there for me that isn't here, but my emotional mind - my heart - tells me I'm supposed to be there.

The Kooris (aboriginals) have a deep need of "country". It's more than territory to them, it's more than where they're born, it's a kind of spiritual attachment to a particular tract of the planet. They see their bit of "country" and everything in it as their kin, they are born of it not on it. It owns them, not they it. It's a living entity to them, every bit as close and familiar as their relatives.

I have to admit that I wrote that off as bs to claim compensation and mining royalty money, as most of us do, and sometimes for good reason, but eventually did understand it a little. A kind of epiphany I had in the NT. It's not patriotism by any stretch, or 'ownership' issues, it's a 'belonging' thing.

It's "funny" (not really) that many of the old-school Native Americans felt exactly the same way. Perhaps we missed our chance at learning something valuable from them ...

We can't all live where we belong. Or even where we think we should belong. Our fantasy Paradise often falls far short when we find it. If the feeling of belonging isn't there then it's just scenery. You can watch a video for that.

We CAN live where we DO belong, though - at least, that's MY goal. I don't have money, I don't have material things, I don't have attachments, so I might as well follow my Way, wherever it takes me.

My sympathy Phil, my dad was like you, always trying to find where he was supposed to be, and never feeling 'at home.'
But prepare yourself, he never found that place. He did have a hell of a good time and covered a lot of ground searching for it though.

They say it's the journey, not the destination, I know. MY problem is that I feel I've been standing lock-legged on the same part of the Path for over 25 years now. Vines are crawling up me and small furry mammals piddle upon me. I can affirm that bears do indeed defecate in the woods.

But I'm NOT on my journey anymore. I'm in that Twilight Zone diner that William Shatner was in, and I haven't been given permission yet to leave. :(
 
But I'm NOT on my journey anymore. I'm in that Twilight Zone diner that William Shatner was in, and I haven't been given permission yet to leave.

I know how that feels! Sydney was that diner and it was exactly as though I was waiting permission to leave. My mother's eventual recognition that she was no longer at the helm was all the permission I needed, and we were OUT of THERE! Freeeee at last, well sort of, but an escape at least.

If it's time, then do it, and if it doesn't work out with 'Flo', then keep looking.

Indulge me in a quote from a very old song. (from memory)

My heart goes where the wild goose goes,
and I must go where the wild goose goes,
mother goose, brother goose, which is best?
A wandering fool or a heart at rest?

While I'm at it...bwaahaha.... a few memorable lines from a forgettable movie.

Daughter asking long missing father about why he left them...

"Well, I jest had to follow that old eagle to see where he was going I guess" he explains ashamedly.
"But you never came back!" she cries.

He shrugs and answers, "Wellll, that old eagle, he jest kept on flyin'. "
 
Phil.I read your wonderful story several times.May be i am in the same ZOne now...I was born in Russia,my father was a military pilot,all my childhood we were following him all over the former Soviet Union-from East to West,from North to South-I cannot even count how many schools i changed.He retired,we settled in Kyrgyz Republic as his mother lived there at that time.
i got married,gave birth to two children,devorced,married an American,who agreed to stay in Kyrgyzstan.For ten years life was so good-I loved my job,we lived in the center of the capital,i could see theatres,hotels,parks out of my window.My father was still alive and near,my
children went to the best school in the country,I was surrounded by friends.
4 yers ago we moved to the USA and now we live in a very nice place in the Catskills.My son and his family are in Russia,my daughter is a student.My husband got sick and spends a lot of time in hospitals.All I can see out of my windows is charming nature.I don't feel myself any more.I do not even know what I want to do with my life.I used to be so busy all my life,now I have time I do not need.
 
Phil.I read your wonderful story several times.May be i am in the same ZOne now...I was born in Russia,my father was a military pilot,all my childhood we were following him all over the former Soviet Union-from East to West,from North to South-I cannot even count how many schools i changed.He retired,we settled in Kyrgyz Republic as his mother lived there at that time.
i got married,gave birth to two children,devorced,married an American,who agreed to stay in Kyrgyzstan.For ten years life was so good-I loved my job,we lived in the center of the capital,i could see theatres,hotels,parks out of my window.My father was still alive and near,my
children went to the best school in the country,I was surrounded by friends.
4 yers ago we moved to the USA and now we live in a very nice place in the Catskills.My son and his family are in Russia,my daughter is a student.My husband got sick and spends a lot of time in hospitals.All I can see out of my windows is charming nature.I don't feel myself any more.I do not even know what I want to do with my life.I used to be so busy all my life,now I have time I do not need.

Kombucha, that was a lovely story - until you moved over here. My condolences.

I don't know for sure what it's like now (because I was there only once, back in the late 1970's), but I get the impression that the main area of the Catskills - the part that used to have Grossinger's resort - is now a ghost town. Here's a picture I just found on Google of their beautiful indoor swimming pool -

grossingers02.jpg

It's sad because I have read of how vibrant it used to be there - it was THE place to be in the summer. The menfolk would be working during the week in NYC while their wives and children were playing at the resort, then they would take the train or drive up up there on the weekend for some family quality time. Here's an interesting site about the rise and fall of Grossinger's, if that sort of thing is of interest to you.

I agree that having time you do not need can be worse than not having enough time. Emptiness seems to stretch into eternity during those times, and as you said we're probably in the same "zone": sometimes I get the impression I'm in Purgatory, waiting to see what's going to happen.

It is NOT a nice feeling.

The only weapon that I find useful is my perspective. It's all about how I look at the situation. If I whine and moan too much about being stuck here it only seems to make things worse. I don't want to be a Mary Poppins and run around singing and dancing even when I'm blue - that just isn't me - but if I can find a certain level of acceptance of my situation I find that following the Path becomes much easier. It is also convenient for me because I pretty much "live" online now, so it doesn't matter all that much whether there are palm trees or piles of dirty snow outside the window.

Now if only I could get my body online as well as my mind, I think I'd be a winner. :D
 
thank you,Phil
"certain level of acceptance of my situation "-maybe a key phrase i need to think about.I will.
The place we live now is a very well kept gated community with a swimming pool,club house,we can play golf at the Kutchers hotel,which is 3 minutes walk.People are absolutely wonderful.friendly,intelligent,always ready to help.Majority of them are Florida snow-birds,at the same time more and more people live here all the year round.
looks like a casino will be built not very far from here.If it ever happens,it will give a new life to everything around.
Thinking about future-when my husband gets better we seriously think of moving to Savannah,GA.You never know...
 
Sifuphil wrote:
I agree that having time you do not need can be worse than not having enough time. Emptiness seems to stretch into eternity during those times, and as you said we're probably in the same "zone": sometimes I get the impression I'm in Purgatory, waiting to see what's going to happen.

It is NOT a nice feeling.

The only weapon that I find useful is my perspective. It's all about how I look at the situation. If I whine and moan too much about being stuck here it only seems to make things worse. I don't want to be a Mary Poppins and run around singing and dancing even when I'm blue - that just isn't me - but if I can find a certain level of acceptance of my situation I find that following the Path becomes much easier. It is also convenient for me because I pretty much "live" online now, so it doesn't matter all that much whether there are palm trees or piles of dirty snow outside the window.

Now if only I could get my body online as well as my mind, I think I'd be a winner. :D

What Phil said.
nod.gif


Acceptance lightens a lot of the burden that disappointment and wishful thinking weighs us down with.
That's how it worked for me anyway. Don't waste the opportunities of 'here and now' by comparing it to what isn't currently an option.

I sympathise Kombucha, it's an awful feeling that you are 'in the wrong place', I've been there too, but that's how it goes. Even wrong places have good things to offer if we look for them hard enough and put them into their proper context and not as a comparison.

To sound especially lame.... vive le difference!
 
I have traveled and lived in several different states, and I think that I mostly enjoyed all of them. There are always the little joys and the problems of any area you choose to live in, but when you are living where your heart is happy, then the rest of it just seems to fall into place somehow.
No matter how everything else is, if you are longing to live in another place, you will never be truly happy, at least that is how I look at it.
It is kind of like if you were in love, and it didn't work out, for whatever reason, and you end up marrying someone that you don't truly love. It might be a good marriage, and you can be comfortable in it, but your heart will always long for your lost love.
There are a lot of things that I miss about Idaho, where I grew up; but I think that I am most content to be here in the South, and live where I am close to my daughter.
I have been living in a little caretaking trailer out in the country, about 2 hours drive away, but I want to be closer to my daughter again, and am most likely going to move back into town soon.
Even though I enjoy the country setting, I have not been happy living there for the last year, so it is time to change things.
 
This has been a great thread and one that I somewhat relate to since my husband past away three years ago....I just seem lost and have some of the same feelings expressed here....I keep telling myself...just keep busy and with time it will pass...Sifuphil and Diwundrin, you have such a wonderful way of expressing and relaying yourself...I really appreciate the insightfulness. It always helps to know you're not alone in life's daily struggles.
 
It's interesting when you refer to "Overseas", because when you live on an island, most places are literally "overseas". I live in the U.K. - actually on Great Britain which is in effect, the largest island. It's not a very cheap place to live and certainly $1200 (about £750) a month is generally nowhere near enough. At least we don't have to consider the cost of health care.

I've lived and worked in many countries and often thought about retiring "overseas", but it's not that easy. It's fine knowing enough of a language to order a beer in a pub, but try understanding the legalities of buying a house - that's different. There's also the currency exchange rate - my pensions and investments are calculated in Pounds Sterling, so I could lose or gain depending on the markets.

So, I've ended up moving from England where I live most of my life, back to Scotland. Although it's part of the UK, it has a different legal system, education system and health system - but all based roughly on the British model - but generally cheaper and no currency problems.

There are quite a few American people living here (for various reasons) and they seem to like the lifestyle - though maybe not the weather! So, I suppose just depents on where suits you best. For the minute, I think I'll stay put - but you never know!
 
List what is important to you as this should influence your decision:
>> Climate:
>> The arts:
>> Sports:
>> Healthcare:
>> Cost of living:
>> Language:
>> Can I bring my pet with me?

I have a somewhat similar list, but with a few key differences ...

>> Average age of females
>> Legality of marijuana
>> Average cost of a fifth of Jack Daniels
>> Distance to nearest strip club
>> Distance to nearest revival movie theater
>> Can I bring my sheep with me?

;)
 
I agree it's interesting reading how other people handle situations and problems. I've never been much of anywhere except where our military sent me, Japan, the Koreas, Washington State. I have lived in Texas, New Mexico, and Oklahoma. I have worked in Kansas, Nebraska and California. I'm in Oklahoma now because my son lives here. My wife wanted to move here. I've come to think of home as where I hang my hat. I'm a city boy at heart. Give me a cue stick and I'm happy, only they don't have them here, so I read, write, and hang out on the internet. Yours are all interesting stories. I hope they have satisfactory conclusions. Cheers.
 
Not international, surely, but I've been doing research into various Florida localities for my eventual move down there, and I've found that Google Maps is a God-send. What is often described as a "quaint" neighborhood turns out under Google's unflinching eye to be a run-down, abandoned slum.

I'm specifically looking for a mobile home at this point, preferably in a senior park, and just the other day I was comparing two of them not a mile apart. The one with the most affordable units for sale was plain-Jane, kind of small, with a lot of "handyman specials" (hence the low prices). No recreational facilities to be had, and Google Maps revealed the office to have a screen door hanging off of one hinge - not a good sign.

The other park had skirting on every home, well-kept gardens, shuffleboard courts, a screened community center and a well-done website that listed daily activities. Predictably you had to call the park manager to get prices for rentals and sale, but their "snowbird" lot-rental prices were well within bounds.

Now I'm not big on being a social butterfly so that kind of stuff isn't on my list, but it IS nice to know that there's a certain esprit de corps among the residents, and that they aren't just there because it's the last stop on the line.

... plus, they're right next to a cool-looking Chinese/Japanese restaurant, which figures large on my list. ;)
 
I did retire in another country I left Canada on a sail boat and when I reached the Dominican Republic put down roots and happy.
I live on a small pension $1,600 per month. On that I lived and built a house all paid for
My cost of living is so small I can enjoy life. The only taxes are income tax from Canada on my pension. Here where I am there is no house, and land tax. Medical well the hospitals are free with limited abilities. The clinics have better facilities but at a price.
I have learned to be my own doctor and only use there services for catastrophic problems.
With the way the world is going and these counties becoming a police state I’m glad I did it
 
Phil: ... plus, they're right next to a cool-looking Chinese/Japanese restaurant, which figures large on my list.

A vital consideration. The best Chinese restaurant on the coast clinched the deal for my moving here. Then the #!@$%&* restaurant closed!
So I'm moving to where the 2nd best one plus a club with the best Buffet evva are. Gotta keep it simple and get those priorities sorted right.
 
I've read these articles like most, but somehow the thought of leaving the U.S. scares me. I suppose it's because I'm a widow and the little bit of family I have would not go out of the country to retire. In fact, they are part of the group who will never be able to retire because they never planned for it. But again, I think I'd rather search for a less expensive place to live right here or seriously consider taking in a roommate.
 
I used to joke with my friends, only it's not so funny now!

We would have to start up Old Hippie Communes to be able to live when we get older, I am not far off the mark in my thinking.

I've never had the desire to move anyplace else. My husband and I both are living just a few miles from where we grew up. Our immediate family is dwindling to almost nothing now. There are a couple of places we have talked about moving to, but at this stage of the game I really don't want to pack up and move and basically start a new life. I'm too old to homestead.
 
... but at this stage of the game I really don't want to pack up and move and basically start a new life. I'm too old to homestead.

I try to look at it as just changing the location of my old life. :D

I find my goals concerning moving are changing on an almost daily basis, and they're becoming alarmingly smaller in radius. First I was looking at Thailand ... then the UK ... then Mexico ... now Florida ...

Pretty soon I'll think moving to the basement is a good idea. :rolleyes:
 

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