“Today, soon-to-be retirees have more reason than ever to think that dream can become reality, thanks to the strong dollar. As of January 15, $100 would buy 92 euros, up from 83 euros at the beginning of 2015. That same dollar amount would now buy roughly 1,827 Mexican pesos, compared to 1,474 on Jan. 1, 2015. The Colombian peso is up roughly 33 percent from a year earlier.

All of that means buying a home or any other assets overseas is easier than it has been in some time, said Kathleen Peddicord, publisher of “Live and Invest Overseas.”

“If you have a fixed income in U.S. dollars, right now the U.S. dollar is super strong,” she said. “What I recommend as a strategy is, find a place you want to live where the dollar is very strong right now, and buy your residence. Once you do that, buying at today’s strong dollar value, you can buy at a good price and you have taken the cost of housing off the table.”