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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (58523)	4/18/2006 12:25:52 PM
From: benwood	Read Replies (2) \| Respond to of 110194

John, the taxes & insurance costs are why I plan to leave the city as retirement grows nearer. My house isn't that big nor special, yet taxes plus insurance already cost $5000/year. I expect that to require $10k a year by the time I retire. I can't live for free anywhere (easily) but I'm sure I could trim that by 30-50% through a strategic relocation and a downsize.

To: John Vosilla who wrote (58523)	4/18/2006 12:40:03 PM
From: FreedomForAll	Read Replies (2) \| Respond to of 110194

Some people are considering Central America for retirement. One example, Panama City, Panama, has a skyline and nightlife similar to Miami at prices from $50/sf for highrise condos with ocean views. New construction can get a 10 year real estate tax holiday. Medical and dental care is first class at 50-70% less cost than in the US. Probably should learn Spanish to enjoy the culture though. (I have been there and I am considering it along with other places in Central America.)