02/17/2016 - Financial Repression Solutions: Retirement Resorts You Can Afford With Little Or No Savings
In today’s environment of financial repression, characterized by near 0 or even negative interest rates, and low yields on investments & savings, how can you derive an income sufficient enough to retire? What about if you have only limited savings or if you don’t have any savings? We have some options for you. Fill out our form to subscribe to our free retirement information service – we will provide you some current recommendations which may be of interest to you, and we will keep you informed of new recommendations as we they become available in the future.
- Retire on a budget between USD 1000 to 2000 per month
- All inclusive assisted care services – including 3 meals a day, doctor visits and maid services
- Sunny warm climates
- Local or international options
- Social interaction and intellectual challenge
Reader Comments:
From Derek, who leads a hybrid life, working part of the year in California and living the rest of the time in Thailand: I have spent several months each year since 2002 in Thailand. I read your posting about the hybrid lifestyle and I agree with everything you have written. I go to Thailand mostly for family; the cost of living is just a bonus. But it is a huge bonus… I had two hernia operations (2007, 2009) in Phitsanulok, by a surgeon trained in Chicago, using Western medicine methods and equipment, each for a total price (including private, air-conditioned room for two nights) of USD$675.
From Iris R., a working professional (MS in Engineering): I am grateful that you have expanded your blog to include links to your SE Asian potential retirement destinations. Our age cohort has many problems in common. I am so grateful that you focused some of your attention on the challenges we all will face – namely, aging with dignity and affordable, high-quality health care. In particular, I appreciate your discussion about aging in a society that has respect for old people.
From Peter, who has been retired and living independently in Thailand for 10+ years: The language barriers (and related cultural barriers) here are massive. I have to deal with that every day. But in a retirement resort, you’d be comfortably insulated from all of it. It is a major factor in favor of a retirement resort.
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