Millions of people are now thinking about retirement, and now that the economy has taken a toll for the worse, families are re-evaluating their retirement plans, and some people, like my parents, may have to dip into their retirement funds to help me complete my education at a university. My father has shed some light into my life about retirement plans. I will suggest, for beauty and ease of financial living, a retirement plan that is international rather than domestic. Here are the cheapest and most beautiful places to consider retiring, including Costa Rica, Monterrey Mexico, and Coeur d’Alene, Idaho
1.) Costa Rica
Costa Rica is a beautiful South America Country, and is ranked number 54 on terms of the Human Development Index, as well as being ranked 3ed in the world in terms of their Environmental Performance, according to http://en.wikipedia.org/wiki/Costa_Rica. Costa Rica is tropical, hot, beautiful, and everything is extremely cheap. The food is delicious, and although learning Spanish would be great, (something I think everyone should do eventually), most of the population speaks English, and other languages.
2.) Monterrey, Mexico
Mexico has a bad reputation in the eyes of most Americans, but I can say from experience that some of their cities are more rich and wonderful than most cities in the United States. Monterrey, the richest city in Mexico, houses around 5 million people, and is a vast industrial economic giant. It is in the most beautiful Sierra Nevada Mountains, close to the Saltillo Desert, and around 5 hour drives from the coastal regions. The dollar is still much more powerful than the Peso, and living expenses are small. Monterrey is a city with some of the best universities, including the TEC de Monterrey, and UDEM, where a lot of international students study as well. They have some of the most, and well done museums as anywhere I have lived. I recommend checking out some places here.
3.) Coeur d’Alene, Idaho
This city in Idaho is on a beautiful lake, called Lake Coeur d’Alene, and it houses thousands of osprey every year. It is full of beautiful sites, and is close to the college, making it one of the cheapest places to retire in the United States. It is very calm, as it is one of the biggest destinations of retirees today, and is peacefully placed in the mountainous region of Idaho, in dense wooded areas, by a lake. This is “the land of the potatoes,” but it is much more than that. Famous in Texas, and on the campus I attend, Barbara Walters called this city a “little slice of Heaven”, and the tourism has increased ever since. It also houses many great local artists, and art programs, as well as one of the best golf courses in the United States.
These are only a few great options for retirement, and much more can be considered through research. I recommend not eliminating the possibility of retirement outside of the United States, but if you really want to stay domestic, there are a lot of great options for that as well.