Santa Catalina is not one of those cute little towns you’re likely to stumble across as you explore Panama. That’s because it’s literally at the end of the road where the pavement meets the sand of the Pacific shoreline. From Santiago, the capital of Veraguas Province, it’s about a two-hour drive to get to the town of Santa Catalina. But why would you want to go? I visited there myself recently to answer that question.
On a sunny spring day last year, I spent a pleasant hour or so shopping at my local market. The produce was fresh and appealing, the fish and seafood incomparable. My produce included goodies like ripe tomatoes; big bunches of fresh greens; tender artichokes picked so young that they have no fibrous choke; and juicy oranges and plums. On top lay my purchases from the fish hall: a pound of small shrimp and another of freshly caught tuna, from which I got three thick tuna steaks. I filled two large shopping baskets with food, for a total cost of about $18.
Just three years ago, I would not have believed it possible. In spite of a family income of six figures, we were still not able to put much toward retirement. We were living in a great waterfront condo in Maryland, but at a cost. Our monthly expenses were over $6,000. Our HOA fees alone were almost $900. On top of that, property taxes were about $5,000 a year. We were happy living there, but I was resigned to working until I was 65, at least.
By choosing to retire in one of the world’s best bang-for-your-buck destinations, Rob enjoys a lifestyle well beyond his reach if he had stayed in the U.S. Every day he can choose to relax on the beaches around his home in the town of Sihanoukville, on the Cambodian coast, dine on fresh French croissants…rent a sailboat or go fishing on an offshore charter…
Life, as we all know, is full of contradictions. Even here in Panama City—my little slice paradise. I’ve been living here since 2005, ever since I quit my job sailing the world aboard luxury cruise liners. For my money, there’s no better location and no better value anywhere in the world.
If you drop by Dan and Mary Elizabeth Crofts home in Corozal, Belize, you might find Dan indulging in one of his favorite new pastimes…feeding the local iguanas. Mary Elizabeth explains, “We have a family of three that we have named: Greta, Gary, and their son, Genghis. They love bananas and we have a video of Dan feeding them”.
Frank and Dale Reams took their first vacation to the quaint fishing village of Puerto Morelos on Mexico’s Caribbean coast in 1998 and knew, instantly, that they belonged there. “We fell in love with this area and after several more vacations, we decided that Puerto Morelos would become our retirement home when the time came,” says Frank.
Forget what the scientists tell us about the five happiness factors. I’ve lived in Nicaragua for eight years and I can easily explain why I am much happier here than I ever was in the U.S. Don’t get me wrong, my life was fine in San Diego, good even. But now that I see how life can really be for a retiree, there’s actually no comparison. Here’s why:Don’t get me wrong, my life was fine in San Diego, good even. But now that I see how life can really be for a retiree, there’s actually no comparison. Here’s why:
“We are living in paradise,” say Sonya Saldana and Adam Bowman about the town of Morgex, Italy, where they moved less than two years ago from San Diego, California. “Some of the most beautiful spots in the Italian Alps are a short walk away from our house.”
Imagine sitting on your patio with a glass of wine in hand and fresh mahi mahi waiting for you, prepared by your private cook, who you pay $48 a week to make all your meals (add to that cleaning costs at $20 a week for two days’ work).You gaze at the endless sea and talk about the snow you used to shovel and the months you had to wait for the crocuses and daffodils to appear, the days you spent inside because it was too cold to go out. Now brilliant, colorful flowers adorn your home all year. The crash of the waves lull you to sleep at night.