I stumbled upon this Motley fool story about how many people are finding their retirement portfolios in such disarray that moving to another more affordable country has become a viable option. When you couple that reality with better weather and a less consumerism lifestyle, it becomes a no brainer for some.
Excerpts from the Motley Fool: Moving to more affordable countries such as Mexico, Panama, Ecuador, The Philippines, Costa Rica, or Thailand will also become more attractive to those whose portfolios were compromised in this last financial meltdown. One can live a reasonably comfortable lifestyle in these countries for far less than in the United States or Canada. Review the options of relocating. Moving to a tax-friendly state or to a state or country where the cost of living is less than where you are living now is worth your consideration. Taxes and the daily cost of living play a huge part in the amount of money one will need for retirement.
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