Saving for Retirement - More Americans Than Ever Face Poverty in Retirement
The baby boomer generation is retiring and facing up to the fact that not only have they not saved enough, their living longer, getting less support from the state than ever and inflation is eating into their savings.
So what can be done to maintain standards of living?
Here we will look at an option that is well worth considering.
Investing for income and capital growth in Costa Rica or re locating to this beautiful country - 100,000 Americans have already done this and many more look set to follow.
Why?
Quite simply, it offers a quality of lifestyle at a cost that's far lower than in the US, but is so close to the US it feels like moving states.
It's just 2 hours away by direct flight and with a huge group of Americans already located here, all the shops, entertainment and recreation, you expect is available.
You can live comfortably for about $2,500 per month, so those social security checks go further.
As An Investment
Beach front property is up to 70% less than in the Southern US - Property is not only highly affordable but can produce big gains as an investment as well.
Many investors are shifting their savings before they retire into Costa Rica property so they can get big gains as well as sample the lifestyle to.
Growth rates that can be achieved can be seen in the following example:
Capital Growth Potential
A property purchased 15 years ago near the town of Jaco is now worth just under $800,000 today.
Not only is it a great investment you can live in it and rent it out for a valuable income.
It is a great investment before retirement and you could actually easily re locate and live in Costa Rica if you want to.
Think about it.
Just a 2 hour direct flight you could be in one of the most beautiful countries on earth - With Volcanoes, rain forest, pristine beaches and crystal blue ocean on your door step.
All this with all the comforts you expect at home and living costs that are far cheaper.
If you decide to buy then it's easy as Costa Rica encourages foreign investment.
You get the same rights as residents and there are plenty of Realtors to help you buy the right property for you.
Many people are considering moving and investing to countries such as Costa Rica, as they offer the ability to build good solid capital gains into retirement, a holiday home and the option to move and relocate permanently.
Your golden years are important.
You have worked hard all your life and retirement should not mean worrying about the cost and making economies in your standard of living.
For this reason, many more Americans will move and invest in Costa Rica.
Related Tags: retirement, costa rica property, saving for retirement, retire overseas, costa rica investement
FREE REAL ESTATE ADVICE
NEWSLETTERS, PDF, DVD's AND MORE
For more info on all aspects of Costa Rica real estate visit our website for a huge resource of articles, features and downloads and at http://www.net-planet.org/index.html
Recent articles in this category:
- Sbi Best Sip Plans 2010
SBI Mutual funds have introduced many mutual schemes. Each scheme has different limitations. SBI SIP - Icici Sip Plans 2010 - Best Sip Plans
ICICI Prudential offers many schemes. These fund schemes have SIP. What is SIP? SIP's expansion is S - Determining Where To Invest Money
There are several kinds of investments, also you will find numerous factors to find out where to inv - Retirement Plans A Necessity Of Life
A person works whole life to give a decent upbringing to his children and families. But while improv - Stock Market Timing Signals
Follow the PlanThis would seem a statement of common sense, but the fact of stock market timing sign - A Selection Of Financial And Investment Strategy Guidelines For Turning A Profit
Yet, we don't often have the money to leave work right at this moment. We need a constant salary to - Find Out The Profitable Way To Invest In Small Cap Stocks
Everyone wants to find a penny stocks list or other investment strategies that can turn your literal - Portfolio #4 - Watergate
IntroductionThe problem is not that the world is running out of water. No, the problem is that drink - Dulton Group: Information Content Of Dividends
Dulton Group helps you to analyze the information content of dividends, an important factor affectin - Coping With Fear In A Markets
The real fact is that all traders, investors as well as stock market investors, who feel afraid, occ
Most viewed articles in this category:
- Investor Stress: A New Approach
George Muzea is both an investor and a stock market advisor. In any given month, he will be paid $10 - Real Estate Investment Financing
1. Location: Your real estate investment's location is arguably the most important component of your - Canadian Oil Sands - Who Are the Major Players
The Canadian oil sands represent one of the most lucrative investment opportunities to oil and gas i - Why Bulk Preconstruction?
Bulk preconstruction is the latest trend in secure, high profit real estate investing. By buying wit - Investing - It Is Not As Scary As You Think
Many people want to have more money - OK everyone does. However, most people don't know how to go a - How Do I Know Which Programs Are Scams?
Although it is virtually impossible to tell if a HYIP is a scam until the moment when they stop payi - Currency Trading Success - 6 Tips to Increase your Profits
If you want to increase your profit potential and achieve currency trading success then the simple t - The Business Cycle
Investors who want to beat the market should be followers of the business cycle. The business cycle - Pros and Cons of Real Estate
Like any other profession, there are good and bad things about what are available. Each of the thin - The Fixer Upper
Real estate investing has become almost a national pastime. Millions are made every year on the buyi
