R
etirement.
It’s a word that seems
terrifically distant when
we’re young, and terrifically
appealing when we’re not-so-young. But the
appeal of retirement has changed over the years.
My parents retired long before they were the
age I am now (which is 66) and then, after a few
years, packed up and moved from New Jersey to
Florida. That is just what people did back then.
That was the dream.
For me, the dream has always been different.
I love to travel, both internationally and in the
U.S. I had dreams of retiring somewhere warm,
beachy and foreign.
And I wasn’t alone.
Over the past decade, expat retirement
communities have boomed. “Expat,” short for
“expatriate,” which Webster’s defines as “to
withdraw from one’s native land or allegiance
to it,” has become less about allegiance and
more about lifestyle. The expat approach has
become a popular and viable retirement option,
particularly for spots in Central America. Senior-
age Americans are moving for financial reasons
and out of a desire for a culturally different life
experience.
I thought I would be joining them.
But that was before … before I grasped all
that I’d be leaving behind (like friends … people
I want to invite over for dinner once I get the
time); before I appreciated how much stuff can
be accumulated living in the same house for
over 25 years; before I meticulously listed what I
want to be able to experience beyond the “warm,
beachy and foreign” draw of expat retirement.
There are dozens of reasons to choose to retire
overseas … and an equal number of reasons to
decide against it. Here are some steps I suggest
to take in reconsidering the expat trend.
1) Start research early.
Google variations of “Retiring abroad,” such as
“retiring abroad concerns” and “retiring abroad
nightmares” and “retiring overseas challenges.”
Be sure you read from sources that are not just
the upbeat or promotional-sponsored blog sites.
One of these sites is internationalliving.com. The
site definitely has a bias (and apparent financial
interest) in supporting the expat lifestyle, but it
is a useful clearinghouse of information. That
said, International Living sponsors overseas
retirement workshops packed with speakers,
connections and guidelines, from how to
choose a country matches your needs to tax
implications and medical care options. If you
are considering a particular country, you can
examine it carefully through country-specific
workshops held in that country (such as
Panama, Costa Rica, Ecuador and Thailand).
Here, you can meet locals and get a better sense
of the culture and challenges. These workshops
are not cheap, but if you can’t afford the
workshop, you can’t afford the move.
2) Know what keeps you content.
A beach feels idyllic when you get to one for
only a week a year, but beach bliss may wear off
after six months. Unless you absolutely love a
beach, it cannot compensate for culture, music,
restaurants, film, friends and family that you
would leave behind.
3) Master the language.
Some popular expat destinations are English-
speaking areas and some cater to English
speakers, but living abroad full-time means you
will need to master the local language—and for
Begin Here: Suggested online reading
internationalliving.com
Very “pro expat” but will
send daily articles and info on
countries and towns that are
drawing Americans overseas.
Sponsors useful workshops
and trainings.
retiredbrains.com
Site on diverse retirement
issues, but with an extensive
“Retire Abroad” section that
rates popular retirement
destinations by categories
such as infrastructure and
climate.
expatinfodesk.com
An excellent relocation guide,
but weak on retirement issues.
expatexchange.com
Another all-age site, but
the forum section provides
excellent on-the-ground
assessments of locations.
Popular expat r
etir
ement destinations include Granada, Nicaragua;
San Jose, Costa Rica; Panama City; Playa Maderas, Nicaragua.
25
Topeka SR