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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