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5 Places to Retire On Social Security Alone
yahoo ^ | Friday, June 18, 2010 | Kathleen Peddicord

Posted on 06/19/2010 7:39:53 AM PDT by BenLurkin

The average Social Security check is about $1,200. You can receive that payment while living anywhere in the world. In some countries, you can even have your Social Security check direct-deposited into your local bank account. Here are five places where you could retire on your Social Security income alone.

Boquete, Panama. Panama offers super user-friendly options for foreign residency. Resident retirees receive a long list of benefits including discounts on everything from prescription medicines and in-country air travel to closing costs on the purchase of real estate.

Granada, Nicaragua. Granada is ... home to a welcoming community of expat retirees enjoying new lives in this land of lakes and volcanoes. You could live well in Granada on about $900 per month.

Hangzou, China. About $1,000 a month could buy you a comfortable and super-exotic new life in Hangzou.

Morelia, Mexico. You could retire on a budget of about $1,100 per month in this colonial city full of charm and history.

Cuenca, Ecuador. The average monthly Social Security check ($1,200) could also buy you a pleasant new life in Cuenca. The city has an established community of expats who will welcome you and help with your transition.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Humor
KEYWORDS: costofliving; expats; holdontourmoney; income; leavegoodoleusa; retire; retirement; senior; seniorcitizens; seniors; socialsecurity
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To: DuncanWaring

I don’t know. There’s a pretty strong gun culture, but I don’t know the current laws.


121 posted on 06/21/2010 7:30:32 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: highlander_UW

I admire you for being involved in missionary work but it is more than likely social security will not be around to draw on in about another year or two. Good luck.


122 posted on 07/14/2010 1:54:43 PM PDT by Evil Slayer (Onward, Christian soldiers, marching as to war)
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To: Evil Slayer
I admire you for being involved in missionary work but it is more than likely social security will not be around to draw on in about another year or two. Good luck.

Thanks. Yes, I had expected SS would be of benefit to me, but it does look like it's going the way of the dodo. God will provide, so if I don't have SS to live off I suppose it's just another opportunity to build faith.

It's only annoying on the human level because I've paid into that Ponzi scheme my whole life...so on a "justice" scale it's sad the politicians have robbed the money I've paid in.

123 posted on 07/14/2010 9:01:12 PM PDT by highlander_UW (Education is too important to abdicate control of it to the government)
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To: BenLurkin

I live in a small coal-mining patch town here in Western pa. The old mining house next to us is up for sale for $10,000. If someone doesn’t care about appearances, the taxes are REALLY low........


124 posted on 07/16/2010 4:06:18 AM PDT by sneakers
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To: inthaihill

Do you have children/grandchildren here in the US?


125 posted on 07/28/2010 3:15:49 PM PDT by Shimmer1 (If my body dies, then let it die, but let my country live.)
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To: MikeHu

Please take Salem off of your list.....please...../s


126 posted on 07/29/2010 8:02:23 AM PDT by goodnesswins (DEMOCRATS LOSE.....America WINS!)
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To: Shimmer1

We adopted two of my wife’s nephews. They are Thai and are now in their forties. Just my immediate family in the US. I have not been back to visit them since 2003. Traveling too much I guess


127 posted on 07/29/2010 8:31:58 AM PDT by inthaihill (Teaching and loving my Chinese students in Sichuan, China)
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To: BenLurkin

btt


128 posted on 08/15/2010 8:32:01 AM PDT by Cacique (quos Deus vult perdere, prius dementat ( Islamia Delenda Est ))
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To: Ditter
business trips to Manila

I use some of their folders and they work quite well.

129 posted on 01/07/2011 2:31:36 PM PST by Eaker (In the middle of difficulty lies opportunity. Albert Einstein)
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To: lonestar; anniegetyourgun
My brother has to go to Detroit for the next month and is dreading it...was there for a month last summer. He and co-workers don’t venture too far from their hotel.

Greektown has awesome food, valet parking and discreet (but highly effective) security.

130 posted on 01/07/2011 2:40:26 PM PST by Grizzled Bear ("Does not play well with others.")
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To: yefragetuwrabrumuy

“Oh, BTW, the revolution starts next Tuesday. You might want to leave the country”, is worthy of a very big tip.

Beverage. Out. Nose.


131 posted on 01/07/2011 2:49:26 PM PST by patton
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To: Eaker

I use their envelopes but I always wash them first, Manila is filthy! (hi Eaker) ;D


132 posted on 01/07/2011 3:13:33 PM PST by Ditter
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To: Grizzled Bear

He has to go every year so I’ll tell him. Thanks.


133 posted on 01/07/2011 3:18:35 PM PST by lonestar
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To: lonestar

Most hotels have courtesy van service. If he’s in the city, that would be the best way to go.

When I visit Detroit, I tend to spend more time out at Frankenmuth then in the city...


134 posted on 01/07/2011 5:01:55 PM PST by Grizzled Bear ("Does not play well with others.")
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To: al baby
My kids basement if i had kids if you had a basement.
135 posted on 01/08/2011 6:04:31 AM PST by Louis Foxwell (For love of Sarah, our country and the American Way of Life.)
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To: stuartcr
Seems sort of wrong that a person can’t afford to retire in their own country, on the pension provided by that country.

It would be very practical to live on retirement income in the US if the Feds did not take 15% of your salary as retirement income and blow it on toilet seats. Then they have the nerve to pay you less than 10% of the value of your investment until the day you die and not a second beyond. No inheritance, no face value, nothing. SS is the enemy of retirement security.

136 posted on 01/08/2011 4:08:59 PM PST by Louis Foxwell (For love of Sarah, our country and the American Way of Life.)
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To: BenLurkin

I have heard good things about Guatemala.
You can “own property” and will it to family.
You can own guns and even get a concealed carry if you get dual citizenship.

You can build a modern home for $35 a sq ft


137 posted on 02/08/2011 7:00:03 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: SeeSharp
For those interested - Cost of Living in the Philippines and Other Quality of Life Information on the Philippines
138 posted on 03/29/2011 3:16:02 PM PDT by Ron H. (These are some troubling times we find ourselves living in these days!)
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To: BenLurkin

Just another way to redistribute America’s wealth and bolster the third world economies. Retirees who leave the country don’t stay and participate in government, so the paid commie activists will have free reign. This type coming from the Obama corrupted media is no surprise because the ‘old folks’ who remember that Constitutional government can only be had when people actively work to keep it, will be out of the way if they can be engineered into believing they should leave.


139 posted on 05/14/2011 11:33:34 PM PDT by hedgetrimmer
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To: Pavegunner72

China should be good for quite some time.


140 posted on 05/14/2011 11:37:24 PM PDT by eyedigress ((Old storm chaser from the west)?)
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