Older Americans who are deeply concerned about their financial future

I just looked at the November 2008 edition of the AARP Bulletin. The feature article talks about older Americans who are deeply concerned about their financial future. I found it interesting that moving abroad to a country like Costa Rica was never mentioned as an alternative. In almost all of my previous articles I have talked about  the practicality of retirement in here (affordable medical care, inexpensive hired help, low cost transportation and  more). Costa Rica is one of a handful of places in the world where you can easily reduce your cost of living without sacrificing your lifestyle. In fact, in most cases you will probably have a better better lifestyle than you did in the States or Canada.

Here are some of the questions from the AARP article.

• “The market has shaken me up. I’m worried about my nest egg.”
• “My money is tied up in a money market fund and in a brokerage account. Is it safe?”
• “What about my annuity?”
• “ I live on Social Security and stock dividends. Given the market, I’m worried about having enough money to live?”
• “My insurance only partially covered my post-op treatment.  I’ve been trying to pay off the balance. What should I do about my medical bills?”

This are only a few of the concerns that were voiced in the article.

Costa Rica just could be a viable solution for some of these people.