"What happens in Vegas... stays in Vegas." Well not today! I’m breaking the cardinal rule of Las Vegas. No, I’m not going to reveal wild tales of crazy escapades. Today, I’m spilling the beans on all the valuable expat information and ideas we learned here. When used, these will pay off in a big way as you make your overseas retirement plans.
David has a story to tell about his new home, Uruguay. And tell it he did, today at the International Living Fast-Track Your Retirement Overseas Conference. You see, Uruguay is a tiny country... with big potential for aspiring expats. It has a growing middle class. An inclusive and optimistic culture. An expanding economy. "It kind of feels like the United States in the 1950s," says David.
Even if you don’t think you’re ready to retire... we learned today that ANYTHING is possible...no matter your age... or the size of your bank account. For example, in 2000, Suzan Haskins and her husband Dan Prescher took an early retirement from their marketing jobs. Ten years early, in fact. These Omaha natives had a modest income, some money tucked away and grown children.
If anyone needed a retirement rescue—it was Ron and Terresa Moore. “Our 401k turned into a 201k after the economy went sour in 2008,” Ron joked today. Their story is all too familiar. Back in July 2007, Ron and Terresa made six-figures managing a car dealership, they had real estate and $1.2 million in assets. But fast-forward to December 2008.
Four years ago, I worked in a cubicle in a basement office in San Francisco’s financial district. The pay was decent. I worked in sales for a litigation support company. But putting on business-casual garb, schmoozing with paralegals and hitting the phones...sucked. So I did something about it. I sold my belongings. And I gallivanted around South America for 14 months.
If anyone needed a retirement rescue—it was Ron and Terresa Moore. But thanks to low-cost Ecuador, they’re enjoying a relaxing early retirement in a warm, sunny climate. They have quality health care for $133 a month. And today they “sleep like babies every night,” says Ron. Back in July 2007, Ron and Terresa were living easy. But fast forward to December 2008. After 30 years, they found themselves out of work.
I was at the International Living Live and Invest in Ecuador Seminar 2011 that wrapped up about a week ago. I wish you were there, too. We learned why Ecuador makes so much sense for anyone looking to find a way to stretch their modest savings and social security checks...and yet enjoy a high quality of life.
Ever heard of the Pudding Guy? His name is David Phillips and among airfare junkies, he's a legend. In 1999, he spotted a promotion: In exchange for every 10 Healthy Choice brand barcodes it received, the company would reward 500 frequent ﬂyer miles. So he bought 12,150 pudding cups.
When Pat Cornwell gets up, it’s not a blaring alarm clock that wakes her. And it’s not the need to hustle to a job. Rather, it’s the crow of the neighborhood roosters and the warm sun on her cheeks. With the U.S. rat race behind her, just cool Mexican breezes, lush landscapes and endless possibilities lie ahead.
Imagine spending three beautiful weeks traveling in Italy, wandering the cobblestone side streets of medieval villages, spending nights in Rome and mornings on the Almalfi Coast...and then coming home to find you’ve amassed a $230 cell phone bill.