20120418_the best place to retire overseas on a budget

Upload: yuritabasco

Post on 06-Jul-2018

217 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/17/2019 20120418_The Best Place to Retire Overseas on a Budget

    1/3

    The Best Place to Retire Overseas on a

    Budget

     By Kathleen Peddicord | U.S.News & World Report LP – Tue !pr "# $%"$

    "$'# P( )*T 

    • Share92

    • Email

    • Print

  • 8/17/2019 20120418_The Best Place to Retire Overseas on a Budget

    2/3

    5 an a55rdable cst 5 li)ing is yur pririty in chsing where t retireL ta$e a l$ at uencaLEcuadr . *his city is ne 5 the wrldMs best places t retire )erseas n a budget.

    uenca is a beauti5ul clnial city in an interesting and di)erse cuntry. *he health care is highGualityL hnestL and ineDpensi)e. *he climate is springJli$e and pleasant 12 mnths 5 the year.-nd uencaMs large and grwing eDpat cmmunity is ne 5 Iatin -mericaMs mst di)erse andwellJblended.

    *here are ther clnial cities in EcuadrL but uenca is the cultural heart 5 the cuntry. n thiscenter 5 art and literatureL yu can attend the rchestraL a playL a tang shwL r an art peningLand these acti)ities are usually 5ree.

    uenca is als a ppular destinatin 5r internatinal turists and language studentsL 55eringmany superJa55rdable ptins t study Spanish. *he turists and students bring )itality t thecity and help supprt uencaMs de)elped in5rastructure 5r amenities and ser)ices.

    >we)erL perhaps the biggest draw t uenca is its cst 5 li)ingL which is eDtremely lwLespecially cnsidering the Guality 5 li5e that yu 5ind here. *he 5alling dllar has caused pricest g up sharply 5r )erseas retirees whse retirement incmes are denminated in F.S. dllarsL but wh are li)ing in places where gds are priced in the lcal currency. (ut this eDchangeJratecncern des nt eDist in uencaL because Ecuadr uses the F.S. dllar.

    *he N1 5iDedJprice lunch is still ali)e and well in uenca Oalthugh N2.B is mre cmmnL andthe city is awash with 5resh trpical 5ruits and )egetables 5r pennies n the dllar. @resh 5ish andshrimp arri)e daily 5rm the castL and much 5 the lcal pultry is 5reeJrange. - bus trip thrughthe city is a GuarterL taDis start at abut N1.BL and gas is nly N1.7 per galln.

    ?u culd rent a 5urnished apartment 5r as little as N7BB per mnthL an un5urnished apartment5rm N3BB per mnthL r buy a small cnd utright 5r less than N7BLBBB. *han$s t thecm5rtable yearJrund climate in uencaL yu wnMt ha)e t wrry abut heat r aircnditiningL which is anther imprtant reasn why retirement in this city is as a55rdable as itis.

    uenca is )ery wal$able and basts an eDcellent public transit systemL as des all 5 Ecuadr.?u culd li)e easily withut a car L which sha)es e)en mre csts 5rm yur mnthly budget.

    -ll that saidL uenca is nt the mst a55rdable place t li)e in Ecuadr. n small twns li$etacachi r ilcabambaL yu culd retire n an e)en mre mdest budget 5 as little as NB r

    http://money.usnews.com/money/blogs/On-Retirement/2012/01/30/take-your-retirement-on-the-roadhttp://money.usnews.com/money/blogs/On-Retirement/2012/01/30/take-your-retirement-on-the-roadhttp://money.usnews.com/money/blogs/On-Retirement/2012/03/26/latin-americas-top-health-care-havenhttp://money.usnews.com/money/blogs/On-Retirement/2011/11/14/the-6-best-places-to-be-a-snowbirdhttp://money.usnews.com/money/retirement/slideshows/10-places-to-go-carless-in-retirementhttp://finance.yahoo.com/fantasy-finance/http://money.usnews.com/money/blogs/On-Retirement/2012/01/30/take-your-retirement-on-the-roadhttp://money.usnews.com/money/blogs/On-Retirement/2012/01/30/take-your-retirement-on-the-roadhttp://money.usnews.com/money/blogs/On-Retirement/2012/03/26/latin-americas-top-health-care-havenhttp://money.usnews.com/money/blogs/On-Retirement/2011/11/14/the-6-best-places-to-be-a-snowbirdhttp://money.usnews.com/money/retirement/slideshows/10-places-to-go-carless-in-retirement

  • 8/17/2019 20120418_The Best Place to Retire Overseas on a Budget

    3/3

    N8BB a mnth. (ut the cst 5 li)ing isnMt the nly 5actr yu shuld cnsider when chsing aretirement spt. ?u want t balance the cst 5 yur retirement against the Guality 5 retirementli5e yuMll be able t en,y. Part 5 the reasn the )erall cst 5 li)ing in places li$e tacachi iss lw is because thereMs simply nt much t dL meaning thereMs nt much t spend mney n.?u culd li)e Guite 5rugally in tacachiL but als )ery simply.

    uencaL n the ther handL is a 5ully de)elped cityL where yu culd en,y a rich and 5ull li5e.* be able t en,y all that the city has t 55erL plan n a budget 5 N1LBB a mnth per cuple i5yuMre renting and N1L1BB per mnth i5 yu wn yur hme. ?u culd certainly li)e here 5rlessL but these estimates will allw yu t ma$e the mst 5 yur new li5e in uenca.

     Kathleen Peddicord  is the +ounder o+ the Li,e and -n,est ,erseas pu/lishin0 0roup. With 1ore

    than $2 years e3perience co,erin0 this /eat Kathleen reports daily on current opportunities +orli,in0 retirin0 and in,estin0 o,erseas in her +ree e4letter. 5er /oo6 5ow To Retire ,erseas44

     ),erythin0 7ou Need To Know To Li,e Well !/road 8or Less  was recently released /y Pen0uin

     Boo6s.

    More From US News & World Report

    • 1B ;easns t ;etire in a llege *wn

    • *he 1B Sunniest Places t ;etire

    • *he 1 (est Places t ;etire 0)erseas

    http://money.usnews.com/money/retirement/articles/2012/02/06/10-necessities-for-a-great-retirement-spothttp://money.usnews.com/money/retirement/articles/2012/02/06/10-necessities-for-a-great-retirement-spothttp://money.usnews.com/money/retirement/articles/2012/02/06/10-necessities-for-a-great-retirement-spothttp://kathleenpeddicord.com/http://kathleenpeddicord.com/http://kathleenpeddicord.com/http://money.usnews.com/money/retirement/articles/2012/04/16/10-reasons-to-retire-in-a-college-townhttp://money.usnews.com/money/retirement/slideshows/the-10-sunniest-places-to-retirehttp://money.usnews.com/money/blogs/On-Retirement/2012/03/19/the-18-best-places-to-retire-overseashttp://money.usnews.com/money/retirement/articles/2012/02/06/10-necessities-for-a-great-retirement-spothttp://money.usnews.com/money/retirement/articles/2012/02/06/10-necessities-for-a-great-retirement-spothttp://kathleenpeddicord.com/http://kathleenpeddicord.com/http://money.usnews.com/money/retirement/articles/2012/04/16/10-reasons-to-retire-in-a-college-townhttp://money.usnews.com/money/retirement/slideshows/the-10-sunniest-places-to-retirehttp://money.usnews.com/money/blogs/On-Retirement/2012/03/19/the-18-best-places-to-retire-overseas