Retirement

[Longboysfan]

so serious
i guess i am the kill-joy

Randomly. You'll not be in my foresome.

 

[waldoputty]

i haven't but I am thinking of living in Asia when I retire or some place where the US dollar is huge. Places like Dominican Republic it's like one US Dollar vs 45 of theirs. I have heard like gas is only 57 cents per gallon in Dominican Republic. I love foreign women also. Asian women age well. I always joke I could get an Asian woman who is 50 who looks like she is 30 or I could get a USA woman who is 30 who looks like she is 50

i seriously doubt gas in DR is $0.57 - may be that is for 1 liter instead of gallon?
i think it may be possible to get some financial benefits living in asia.
though standard of living is high in shanghai/hong kong/beijing in china.
if you are in secondary/tertiary cities, prices go down but that happens in the US also.
compared to california, rent is lower but real estate is not low if you compare apples to apples.
not sure about thailand though i think bangkok standard of living is not a bargain.
i doubt there are much savings in taiwan, japan or korea again if you compare apples to apples particularly in the cities.
vietnam/PH may provide savings.
of all places, canadian dollar is 0.75 to the USD right now mostly because of the oil price collapse.
but their standard of living is high particularly in toronto and vancouver.

 

[Seven]

Do some volunteer work.Be a mentor to someone,or work the with animals

I don't think Ranching wants to be Miss America.................

 

[The Fonz]

I don't think Ranching wants to be Miss America.................

Good one.These days you never know

 

[dallasdave]

I don't think Ranching wants to be Miss America.................

 

[ABQCOWBOY]

I'm retiring on June 15th. Got me to thinking, how many are you Zoners retired and what the hell do you do all day?

I've wondered about that myself Ranch. Honestly, I don't know if I ever could retire. I mean, money aside, I just have no idea what I would do. If you ever figure it out, let me know. Maybe I'll give it a go!

Enjoy it Brother!

 

[diefree666]

been retired for 2+ years. If you have worked hard all your life the transition can be tough. Suddenly you DO NOT NEED to get up early; get out and get going. That is a big change. You find sometimes you forget which day of the week it is = your routine has been so ingrained in you that when its gone you can get lost.

I am guessing you have made sure that financially you are OK; that is priority one.

After that have some kind of plan. What you are going to do with all that time you will NOW have.

Those saying they will just visit kids and grandkids are fooling themselves. Unless you have about a dozen to visit in a year or so that starts to get a little old for both YOU and THEM.

Traveling while you PHYSICALLY CAN is something to look at hard.

part time jobs - depending on your family situation you might end up there to soak up time.

Hobbies are critical - without them you end up working just to not go stir crazy.

It is a lot tougher being retired then many think.

 

[Ranching]

been retired for 2+ years. If you have worked hard all your life the transition can be tough. Suddenly you DO NOT NEED to get up early; get out and get going. That is a big change. You find sometimes you forget which day of the week it is = your routine has been so ingrained in you that when its gone you can get lost.

I am guessing you have made sure that financially you are OK; that is priority one.

After that have some kind of plan. What you are going to do with all that time you will NOW have.

Those saying they will just visit kids and grandkids are fooling themselves. Unless you have about a dozen to visit in a year or so that starts to get a little old for both YOU and THEM.

Traveling while you PHYSICALLY CAN is something to look at hard.

part time jobs - depending on your family situation you might end up there to soak up time.

Hobbies are critical - without them you end up working just to not go stir crazy.

It is a lot tougher being retired then many think.

I'm used to working 90 hours a week during the 15 plus weeks of football season since 2003. It'll be different, thats for sure.

 

[Silver Surfer]

Most people would say I retired 15 years too early, but by doing so, I was free to move to where my family lived and spend time with them. I have not regretted that decision.

Spend time with the people you care about and do things you enjoy doing. I like to travel and photograph, so that's what I do.

 

[Silver Surfer]

i haven't but I am thinking of living in Asia when I retire or some place where the US dollar is huge. Places like Dominican Republic it's like one US Dollar vs 45 of theirs. I have heard like gas is only 57 cents per gallon in Dominican Republic. I love foreign women also. Asian women age well. I always joke I could get an Asian woman who is 50 who looks like she is 30 or I could get a USA woman who is 30 who looks like she is 50

http://money.cnn.com/gallery/retirement/2017/02/27/best-places-to-retire-abroad-2017/index.html

I've seen multiple articles written about the city in Ecuador. Here's another:

https://www.gringotree.com/cuenca-ecuador-still-worlds-top-retirement-place/

 

[waldoputty]

http://money.cnn.com/gallery/retirement/2017/02/27/best-places-to-retire-abroad-2017/index.html

I've seen multiple articles written about the city in Ecuador. Here's another:

https://www.gringotree.com/cuenca-ecuador-still-worlds-top-retirement-place/

i guess the one in portugal has the nicest weather?
we have a family friend who went there and is very happy

 

[Silver Surfer]

It is a lot tougher being retired then many think.

Yeah.... you never get a day off.

 

[waldoputty]

http://money.cnn.com/gallery/retirement/2017/02/27/best-places-to-retire-abroad-2017/index.html

I've seen multiple articles written about the city in Ecuador. Here's another:

https://www.gringotree.com/cuenca-ecuador-still-worlds-top-retirement-place/

it is a very nice article.
the biggest uncertainties when you talk retirement in foreign country include:
1. housing cost
2. healthcare
3. exchange rate fluctuations.

the 1st 2 are obvious and the same as US.
the exchange rate could have long term trends.
for example in resource heavy countries like canada and australia, their exchange rate with the US is about 0.75 whereas they were 1.1 or so a few years earlier. this is all due to the price of oil and gas. if you trust the shale oil impact is long term, then the rate may be more of less stable. however, if demand outpaces growth in shale drilling, then you could get an unpleasant surprise when your money exchanges for a lot less. of course, you could try to play FX like pro's but that is typically not for retirees. also certain countries have better interest rates, though i dont know which ones are higher.

 

[Silver Surfer]

it is a very nice article.
the biggest uncertainties when you talk retirement in foreign country include:
1. housing cost
2. healthcare
3. exchange rate fluctuations.

the 1st 2 are obvious and the same as US.
the exchange rate could have long term trends.
for example in resource heavy countries like canada and australia, their exchange rate with the US is about 0.75 whereas they were 1.1 or so a few years earlier. this is all due to the price of oil and gas. if you trust the shale oil impact is long term, then the rate may be more of less stable. however, if demand outpaces growth in shale drilling, then you could get an unpleasant surprise when your money exchanges for a lot less. of course, you could try to play FX like pro's but that is typically not for retirees. also certain countries have better interest rates, though i dont know which ones are higher.

The biggest uncertainty for me is predicting the future political climate in that, or any, country. Wonder how comfortable ex-pats in Mexico are feeling about now? Even more so, how about Venezuela?

 

[waldoputty]

The biggest uncertainty for me is predicting the future political climate in that, or any, country. Wonder how comfortable ex-pats in Mexico are feeling about now? Even more so, how about Venezuela?

good point.
i assumed stable political situation though that may not be a reasonable assumption for columbia and some of those central america countries.
i guess that makes portugal given it is part of the EU.
even if germany plays hard ball, it is still likely more stable...

you sound like someone who gets around, what are your personal recommendations?

 

[Silver Surfer]

you sound like someone who gets around, what are your personal recommendations?

Don't follow me, I'm lost!

I'm just looking at this point... and trying to keep my options open.

 

[waldoputty]

Don't follow me, I'm lost!

I'm just looking at this point... and trying to keep my options open.

lol got a gps beacon on u

actually i am hoping to spend half-time in asia but going by cruise back and forth.
that leverages low-cost cruises that go between vancouver and japan annually in Sept (to japan) and in April ((to Canada).

 

[MichaelWinicki]

Could imagine living somewhere else than the good ole USA.

Some traveling outside the country? Yeah.

But there's so little of this country I've seen.

And going somewhere where English isn't the main language? No way.

So I guess that rules out southern Florida? LOL!

 

[Silver Surfer]

And going somewhere where English isn't the main language? No way.

So I guess that rules out southern Florida? LOL!

Went with my college baseball team to play University of Miami's team way back in the 1979-1980 timeframe. Nobody at the hotel spoke english. Spanish, Portuguese, and even German (as I recall). No English.

 

[haleyrules]

Still have 34 years lol hopefully I can even retire by then and social security isn't gone.

Snotnose....