Thus, Baby Boomers are in search of a place where they can stretch their dollars, get the biggest bang for their buck, and be able to afford healthcare. The ever-increasing cost of living, the current healthcare debacle, and uncertain economic indicators are forcing one of the largest generations to seek shelter elsewhere. America is retiring to Mexico for all the reasons mentioned. After making a good living but watching their retirement funds falter to inflation, trying to maintain their current lifestyle is a major concern to the boomers.<\/p>\n
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What attracts Americans and Canadians to Mexico?<\/strong><\/p>\n Mexico offers many opportunities to live out your golden years with minimal worries regarding financial stability. Mexico has made incredible advancements in Western Medicine and operable technology. To prove it,\u00c2\u00a0Medical Tourism<\/em><\/a>\u00c2\u00a0is rapidly increasing popularity, not only with Americans but Canadians as well. More and more private hospitals are showing up throughout Mexico. The care that you can get practically mirrors the United States at a third or less of the cost.<\/p>\n The real estate market in Mexico<\/a> is on sale. With Mexico still recovering from America\u00e2\u20ac\u2122s 2007 housing crisis and the exchange rate very favorable against the peso, it is a perfect time to invest in your future. A home or condo can start at under USD 100,000. It depends on location and proximity to the water and desired amenities. Also, you could select an ideal location and build your dream home for approximately half of what it would cost in the US. Combine that with extremely low property taxes and insurance. Your housing expenses would amount to almost nothing.<\/p>\n The monthly expense for an average size two-bedroom home is approximately $250 to $400.00 a month. That includes electricity, cable\/internet\/local phone \u00e2\u20ac\u201c if needed, drinking water, sewer, and tap water.\u00c2\u00a0Of course, that is excluding any rent or mortgage payment. However, this will fluctuate a bit with electricity usage. Electricity rates shift constantly and are according to the volatile market of fossil fuel prices. Therefore, the more you use, the higher the billable rate. Let\u00e2\u20ac\u2122s face it. No country escapes high energy costs.<\/p>\n Depending on the selection of food or a specific diet, your grocery bill can be considerably less as well. Most of the fruits and vegetables found in the grocery stores and open markets are grown and are farmed in Mexico organically. We highly recommend washing with iodine solution before consumption. We can say the same for dairy products being fresher and costing less as well. Anthony Scopel, who is a travel writer for You, Me and The Dock<\/a> explained that his grocery bills are half of what they were in America. Besides, he mentioned that their meals tended to be healthier due to little or no preservatives added to the meats and seafood.<\/p>\n When you decide to go out for a bite to eat or a few beverages, staying with the local eateries can be delightful and, at the same time, very affordable. Hence, you can expect to pay around 200 to 300 pesos ($11 to 15 USD) for a fresh fish meal. And, 30 to 45 pesos ($1.5 to 2.5USD) for a beer. However, if you like dining out on or near the water, expect to pay a bit more. Fish entrees served on the beach can range from 350 to 500 pesos ($19 to 26USD). However, in general, this is a lot less than most waterfront restaurants on either coast of the US.<\/p>\n There are always exceptions to the rules. That is to say, not everything is cheaper in Mexico, as everything isn\u00e2\u20ac\u2122t the most expensive in the United States. If you are accustomed to a higher cost of living in America and budget your monthly expenses accordingly, then consider retiring to a country where these advantages will benefit you:<\/p>\n Why not do what so many Americans are currently doing? Explore your options and see how their hard-earned dollars can go further. Most will find that the tempered weather, great food, and beautiful beaches can be a great way to spend the rest of your life. Paradise is no longer an unattainable dream, but a reality that you can experience now. Retiring to Mexico is the right decision to make.<\/p>\nReal Estate Market in Mexico<\/h4>\n
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<\/p>\nExpenses<\/h4>\n
What about food?<\/h4>\n
Going out<\/h4>\n
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<\/p>\nOther benefits<\/h4>\n
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In conclusion<\/h4>\n
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