Planning To Retire In Mexico? + Video of Sealions

 “Yes, retirement is coming – sure as the sun is coming up tomorrow morning.  And just like that magnificent event, retirement is something you should really look forward to – and thoroughly enjoy! Because retirement should mean “the beginning of the rest (the best) of your life”.” Barbie Parks

This doesn’t mean that the day after the last “work” day is going to be absolutely perfect and free of stress… not unless you have planned for a long time for this event!

No one is going to be carrying you on a chariot through golden streets during your retirement – not unless you have really planned!

The future possibly 30 or 40 years may not be filled with joy and relaxation, doing what you’ve hoped to do in all that spare time – not unless you planned!

But, if you long ago realized that someday that good old paycheck would end and that the trips to the grocery store wouldn’t… if you planned… your future should be engulfed in a very rosy glow…  if you planned!

SO… Get busy working on a budget… a realistic budget.

Decide if you need to go down in size for housing – no one wants to be cleaning and repairing every day just for some extra square footage.

Make sure all your bills are discharged – yes, I even mean the automobile loan.  Especially, try to get that mortgage out of your pocket!  And going smaller sometimes is an easy way to accomplish that – if you have planned – paid a little extra toward you mortgage while that good old paycheck was still being counted on.

Think hard about whether or not it’s necessary to have two cars – the tires, the insurance, the upkeep – those dollars could be seriously cutting into that home mortgage instead of paying for something that in the end, ends up totally worthless – other than to a junk yard.

Then, consider… there is always the possibility of getting everything in order, being in fairly good financial shape, and then moving to another country – someplace where your pennies suddenly become as powerful as dollars.  A couple of dollars stashed away will enable you to do just that – and where you move is up to you.

This is the result of one study, showing the best places to retire in 2012:

Belize, Brazil, Costa Rica, Ecuador, France, Italy, Mexico, Nicaragua, Panama, Uruguay…

…Of course, the nearest “escape” remains to be Mexico.

Mexico is still holding onto 7th place, even considering the drug battles going on.  But do keep in mind that escape to one person may be another person’s misery.  The ability to travel back and forth to keep near to family for most people is quite important in the years when health concerns may pop up.  And just to see grandchildren during their formative years and keeping the family ties strong could easily mark half of these countries off most people’s list.  But, if you are totally free to fly, hey, go for it – a new culture may just give you back many happy and thrilling years.  I do have to stick in my concern for health care – affordable and quality healthcare should be right up at the top of most people’s lists.

Each one of us is so individual that one person’s paradise does not mean it’s for every other person out there.  So, get busy, make your lists, consider your total lifestyle, get busy planning – it’s not too late if you face retirement squarely and bravely, if you start PLANNING.

Planning Retirement Article by Barbie

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16 Responses to Planning To Retire In Mexico? + Video of Sealions

  1. jonnot

    March 5, 2012 at 7:03 am

    Thank you for your post, Barbie , however, a link to the study you cited would have been not only helpful–but informative.

  2. John

    March 5, 2012 at 10:16 am

    Which study was this, Barb?

  3. Jeff Soukup

    March 5, 2012 at 1:37 pm

    Good reading as all ways, thanks again Barbie !

  4. Barbie

    Barbie

    March 8, 2012 at 9:15 pm

    From International Living

  5. Barbie

    Barbie

    March 8, 2012 at 9:25 pm

  6. Linda Thompson

    March 13, 2012 at 11:41 am

    I am losing my job in April and have decided to make the move to Mexico. I’m wondering where I could find a place that is reasonable inexpensive and is near other expates.
    Could you give me some examples? Also what do I need to know a visa.
    Thnk You Barbie

  7. Barbie

    Barbie

    March 15, 2012 at 9:36 pm

    Hi Linda, Please sit down and read my articles. Lots to learn there. Then, if you have a specific question Linda, I’m here. Best to you, Barbie

  8. gina schuran-castillo

    April 8, 2012 at 3:52 pm

    Dear Barbie,
    I bought your 2 books and of course read them,
    however can I write to you more extensively about our situation? We want to move next year to Mexico, and I need advise building a timeline and being practical and economic through the time till than.
    2 cats, 2 dogs and more to cope with.
    I love your newsletters. Take care Gina from Walnut Creek Ca. Middle school Counselor in SF

  9. Barbie

    Barbie

    April 11, 2012 at 6:31 pm

    Hi Gina, If your partner is agreeing with you to be practical and live economically for the next year, you should have no problem. Sit down, get your budget on paper…live by it. Pay all bills off that you possibly can – that will give you a good start. Keep your animals up to date with all their shots. Thanks for writing. Barbie

  10. gina

    April 11, 2012 at 7:20 pm

    Thank you Barbie for your prompt response, i am happy to have made it to your website. We now we want to go to the Chapala area, we have been there 2 years ago for 3 weeks.We want to rent, and it is great that most rentals have furniture, but how is it to live in someone elses bed and use their couch and table.
    We have some furniture here, but it might cost more to transport them. I do not know if we ever want to bue a house again, having lost it 2 years ago thru foreclosure We could move around better, but than there are the animals with their limitations/
    Did I tell you my husband is Mexican from D.F.married 30 years I am still German citizen.
    Kindly Gina

  11. Barbie

    Barbie

    April 13, 2012 at 2:42 pm

    Hi Gina, Well, There is always mattress covers, and of course bleach and Lysol :) And, you’re right, it would probably cost more to transport than to replace or use what is offered. Best to you, Barbie

  12. David Bridges

    December 22, 2012 at 12:09 pm

    Hola Linda,
    We traveled to many coastal Mexican towns for many years, before settling on Ixtapa/Zihuatanejo. It is located on the Pacific coast just north of Acapulco and south of Manzanillo. We bought a villa in Ixtapa five years ago. We love it here. We live in Alaska, and spend three months during winter in Mexico (not retired yet). But when I am, we’ll be spending at least 6 months down in beautiful Mexico.
    Good luck,
    David

  13. Donna

    December 30, 2012 at 3:12 pm

    do u own the villa or does it expire? we keep looking but can’t actually buy from what i am finding. What is the area like and living? thanks for any help u can give me

  14. John Scherber

    November 22, 2013 at 2:38 pm

    Mexico made the most sense to us and we’ve lived for six years in the expat colony that’s part of San Miguel de Allende. The drug wars are exaggerated by the US press and mostly occur on the border. We see no sign of it here. I interviewed 32 expats who have made the move and wrote a book about their experiences. Here’s the link:
    http://www.sanmiguelallendebooks.comaplaceintheheart.html

  15. Barbie

    Barbie

    November 25, 2013 at 12:32 am

    Thanks for your input, John! We need the real truth!

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