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Saving For Retirement - More Americans than Ever Face Poverty in Retirement

By: Sacha Tarkovsy

The baby boomer generation is retiring and facing up to the fact that not only have they not saved enough, their living longer, getting less support from the state than ever and inflation is eating into their savings.

So what can be done to maintain standards of living?

Here we will look at an option that is well worth considering.

Investing for income and capital growth in Costa Rica or re locating to this beautiful country – 100,000 Americans have already done this and many more look set to follow.

Why?

Quite simply, it offers a quality of lifestyle at a cost that’s far lower than in the US, but is so close to the US it feels like moving states.

It’s just 2 hours away by direct flight and with a huge group of Americans already located here, all the shops, entertainment and recreation, you expect is available.

You can live comfortably for about $2,500 per month, so those social security checks go further.

As An Investment

Beach front property is up to 70% less than in the Southern US – Property is not only highly affordable but can produce big gains as an investment as well.

Many investors are shifting their savings before they retire into Costa Rica property so they can get big gains as well as sample the lifestyle to.

Growth rates that can be achieved can be seen in the following example:

Capital Growth Potential

A property purchased 15 years ago near the town of Jaco is now worth just under $800,000 today.

Not only is it a great investment you can live in it and rent it out for a valuable income.

It is a great investment before retirement and you could actually easily re locate and live in Costa Rica if you want to.

Think about it.

Just a 2 hour direct flight you could be in one of the most beautiful countries on earth – With Volcanoes, rain forest, pristine beaches and crystal blue ocean on your door step.

All this with all the comforts you expect at home and living costs that are far cheaper.

If you decide to buy then it’s easy as Costa Rica encourages foreign investment.

You get the same rights as residents and there are plenty of Realtors to help you buy the right property for you.

Many people are considering moving and investing to countries such as Costa Rica, as they offer the ability to build good solid capital gains into retirement, a holiday home and the option to move and relocate permanently.

Your golden years are important.

You have worked hard all your life and retirement should not mean worrying about the cost and making economies in your standard of living.

For this reason, many more Americans will move and invest in Costa Rica.

Article Source: http://www.articlemap.com

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