Low-cost Living Overseas Can Be a Boon to a Retiree’s Budget (CNBC)

Edd and Cynthia Staton say moving to Ecuador rescued their retirement savings, which had been crushed in the financial crisis of 2008.
Edd and Cynthia Staton say moving to Ecuador rescued their retirement savings, which had been crushed in the financial crisis of 2008.

Dream retirements can vary, from relaxing on the front porch to swimming in a pine-circled lake.

What most dreams don’t include? Money worries.

Yet that’s a top anxiety in retirement, with most people concerned about paying for health care.

But there’s another way. Instead of staying home and trying to cut costs so you can survive, why not move overseas?

You could save millions on your cost of living, according to a report from InternationalLiving.com, which surveyed several couples who found overseas bargains when they relocated. Cheaper housing. Cheaper health care. Cheaper meals out. Cheaper travel. And maybe best of all, cheaper luxuries. […]

[Source: CNBC, “If you want to save millions on your cost of living in retirement, here’s a simple strategy“]

Travel and Zesty Living

(Credit: Pixabay)

Why do we travel?

“We travel to see. To learn. To find out first-hand for ourselves…” (“Oh, the places you’ll go…“)

Vanity Fair‘s Editor on Travel, Michelle Jana Chan introduced the 2018 issue with her article, “Oh, the places you’ll go…” She highlights the reasons why someone would travel and extols the benefits of travelling for the person and society.

Through several short personal anecdotes Chan illuminates various people she has encountered in her travels throughout the world and implies how encountering these people of different countries and cultures has made them real in a way that simply hearing about them secondhand wouldn’t.

“I have a romantic belief that world peace can be achieved through travel (and that the emissions from plane travel can be offset by avoiding war and its massive carbon footprint). […]

At the very least, travel fosters empathy.” (“Oh, the places you’ll go…“)

Although empathy is the more whimsical  benefit, travelling itself can make a life more interesting.

“…it’s also the most fun ever. If I had only a year left of life, I’d hit the road for 365 days. Without question. Travel slows down the perception of the passage of time. It magnifies the moment. I live more zestfully.” (“Oh, the places you’ll go…“)