Life in Mexico: Why Retire Here ?
Tuesday, March 16th, 2010Every year, more and more people choose to spend their retirement years in Mexico. Some only live for a month or two south of the border while others pull up stakes in the USA and make the move permanent.
Why choose Mexico? Why not just stay in the old hometown where everything is familiar?
Retirees choose Mexico as a place to live for several reasons.
Some want a new challenge in their lives after years of the daily grind. Learning a new language, experiencing a new culture, and meeting new people keep the mind active and give you a new perspective on life.
Many want a break from harsh winters or blistering summers so they spend a few months in Mexico and the rest of the year in the States. Mexico provides a wide variety of climates so everyone can find the perfect locale to match his wishes. If you want to escape cold, snow, and ice during the winter, Mexico’s beaches await your pleasure. If you want to leave hot, humid summers behind, Mexico’s mountains provide a cool respite.
Yet others choose to spend time in Mexico for financial reasons. With the skyrocketing cost of living in the USA, many retirees discover their Social Security benefits, pensions, and investment incomes (if they are fortunate to have them) cannot support them in the States. More and more retirees find they have to work, at least part time, after they “retire” to meet expenses. This prompts many to look for a less costly place to live.
Almost everything in Mexico is less expensive than in the USA. Unless you want to live in a pricey resort area (and even there, you can find bargains) or only buy imported products, you will see your retirement funds stretching much further in Mexico. Some people find it is possible to live on 25-50% less than the amount they need in the USA.
Finally, some retirees dream of living in a foreign country but don’t want to be too far away from friends and family in the States. What better place is there than Mexico? International airports abound in Mexico so you can return home in just a few hours. Many retirees find they see their friends and family more often after they move to Mexico because their new, exotic location is a desirable vacation spot.
If you want a new life after retirement; a life that is affordable, interesting, and fun; why not give Mexico a try?