Retiring in Central America

SEIOWA CLONE

Well-Known Member
Dec 19, 2018
6,793
6,989
113
63
I'm not sure I'll have the money to retire and live like I want to in the US when I'm 55. This is all about me never wanting to work another day after 55.

I felt the same way when I was younger, now at 57 I could retire on IPERs this year, but I plan on working for another 4 more years. The money difference would be only a couple hundred a month more, but then I can collect on SS. Making retirement a lot easier.

Hopefully you have the type of job you enjoy, that makes it a lot easier to get out of bed every morning and do it.
 
Last edited:

BoxsterCy

Moderator
Staff member
Sep 14, 2009
48,389
47,306
113
Minnesota
I've thought about retiring in Thailand. The reason I've been thinking that way recently is two-fold. I LOVE Thai food. I watch a lot of Mark Wiens videos. He's an American who lives in Thailand, but travels the world doing food videos, but lately, he's been doing a majority of his videos from Thailand.

If you've ever watched a Mark Wiens video, he eats a TON of food and he's a skinny guy. He must get 5-6 dishes at every restaurant he stops at and he sometimes does 4-5 restaurants a day.

What convinced me that Thailand might be the place for me is that he shows how much all this food costs him. He will eat 5-6 dishes at a sitting and the price tag will be like $4.99, if that. So a normal person (a person who eats one dish per meal per sitting) could probably live very comfortably in Thailand on $10-$15 a day, including rent, transportation, etc.

Parasites, man. Just sayin'. :rolleyes:
 

cyputz

Well-Known Member
Jul 26, 2006
2,120
1,727
113
I am under the belief if you are a US citizen, regardless if you have property in Costa Rica, you must leave every so many months???
 

Cyder91

Well-Known Member
Jul 19, 2018
222
352
63
It's still about 15 years until I'm 55, but I think I may like to retire in Puerto Vallarta or something like that. Does anyone know any ex-pats living in Mexico or other countries in Central America? How do the pros match up with the cons? I know Belize is popular too.

I guess leaving the country to RETIRE works if you
A.) Have no significant other that has a connection to family.
and/or
B.) Have a significant other and it is only the two of you with no children or dependents
and/or
C.) You are not the primary caretaker of you aging parentI(s) or relative.
and/or
D.) You had children at a young age and they are out of the house and college but don't have their own kids yet to miss grandpa and/or grandpa.
and/or
E.) You are on your own with no significant other and no connection to family.

...other than that it work great!
 

NWICY

Well-Known Member
Sep 2, 2012
35,620
31,753
113
If you have season tickets for ISU athletics travel costs are going to be a killer if you try to make all the home games.;)

I think 55 retirement looks better the further you are away from it. But I wish you well in reaching your goal.
 

isucy86

Well-Known Member
Apr 13, 2006
9,166
7,763
113
Dubuque
15 years ago I loved the idea of retiring at 55. Now that 55 is a month away- I can't imagine full time retirement for another 10-15 years. A few years ago I stepped away from the corporate world and currently work part time for a small company about 25-30 hrs/week. For me that has been a great solution. Still working but its nice not working 8a-6p type hours.

I didn't work for about about 8 months before my current gig and was bored out of my mind after about 3 months.