Monday, July 30, 2012

Moving To Ecuador To Pursue The American Dream


            My new home if Obama gets reelected  . . .

Denver couple moving to Ecuador

So how did you come to the decision to move to Ecuador?
Well, when we started thinking about how we could afford retirement, we started tossing around the idea of moving to a country with a lower cost of living, so we didn’t have to watch every penny.

We were searching for countries where we could comfortably live on around $60,000 a year for the two of us without having to skimp, and that would allow us to travel and enjoy ourselves. My husband originally suggested Costa Rica. He had been there before and loved it, but I, for whatever reason, wasn’t quite as taken with the country. I couldn’t see myself living there!

We did, however, agree that we wanted a country with a beautiful landscape, that had a slower, less stressful pace of life. Ecuador fit all of the requirements. From the Galapagos to the Andes, there’s so much natural beauty—and it’s affordable enough to live comfortably with the income from my husband’s Navy retirement, Social Security and our remaining 401(k). I’ll be able to take my retirement when I turn 68, which will allow us to live even more comfortably.

We’re planning to move in October 2013.

We’re selling everything we own but our clothes, and we’ll give our car to our son.

We just found a property to rent while we get settled. It’s a fully furnished house in the suburbs of Cuenca, Ecuador’s third largest city, for about $300 a month–a significant savings from our current $1,275 a month!

The next thing on our list is figuring out what bank to put our money in once we get there. We’re currently exploring our options, so we know that our savings are safe.


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