Retire In Panama Archives | Panama Relocation Tours

Last Updated Jul 31, 2019 - by Jackie Lange

Is Retiring in Panama Right For You?

It’s no secret that many Baby Boomers are worried about retirement. The average Social Security check is only $1400 which, for most people, is not enough to live comfortably in the United States. Some financial advisors recommend that Baby Boomers keep working as long as possible. But that does not sound like much fun!

There’s a better solution!

Retire in Panama where you can live on just your Social Security check without dipping into savings. A couple can live well in most areas of Panama for just $2,000 a month, including rent. Many singles live in Panama on $1200 including rent.

Is retiring in Panama right for you?

I’ve been offering Panama Relocation Tours since 2010 and helped thousands of people retire in Panama. In Panama, I live a better lifestyle for less than it would cost in the United States. Because my house is paid for, I rarely spend more than $1000 a month in living expenses including health insurance, weekly maid, weekly massage, car expenses, cell phone, internet, groceries, utilities, and two gardeners twice a week (I have a really big yard).

But, as much as I love living in Panama, I know that Panama is not right for everyone.

To help you decide if retiring in Panama is right for you, I’ve identified the 5 most important factors for someone to think about before retiring in Panama. About 60% of the people who come on a Panama Relocation Tour move to Panama. The 40% who do not are usually people who have a problem with one of more of the items below: [Read more…]

Last Updated Jul 31, 2019 - by Jackie Lange

You Can Retire Early When You Move to Panama

Are you worried that you may not ever be able to retire because your cost of living is so high?

Would you like to retire early but know it’s not possible if you stay where you live now?

My husband and I were in the same situation 12 years ago.

Even with income from investment properties, and eventually Social Security and a good pension, we realized that living in Texas was just going to keep getting more expensive. We were concerned about what our cost of living would be like in 10, 20 or 30 years so we weren’t sure if we would ever be able to retire and maintain a quality lifestyle.

So, one summer, when we had 100+ degree weather for 90 days straight and $400+ monthly electric bills, we decided that it was time to look for some place with a lower cost of living where we could afford to retire on just our pension or just Social Security. We were also looking for a place where we’d never need air conditioning or a heater again.

After almost two years of research and exploring several countries, we discovered Panama. Panama ticked all the boxes for what we were looking for.

My husband and I were able to retire 10 years sooner than most Baby Boomers because of the lower cost of living when we moved to Panama in 2010. We actually could have retired 20 years sooner but unfortunately Panama was not even on our radar then.

Moving to Panama was the best decision we ever made. We significantly reduced our cost of living and were able to live well on less than $2,000 a month including rent. [Read more…]

Last Updated Jun 25, 2019 - by Jackie Lange

Bob Adams Report on Panama

My good friend Bob Adams just published his 2019 Panama Report. It’s a lengthy 20-page report filled with graphs which focuses on the STABILITY of the Panama government and economy. Bob says, “After 52 years of working and/or living in more than 40 nations around the world, I know that one of the things most important to expatriate residents is summed up in one word –stability. Panama is a stable nation.”

Bob has lived in Panama more than 15 years. He’s consistently monitoring the health of the Panama economy. You can read his other reports and get updates about future reports at www.RetirementWave.com

Sometimes Bob Adams is a speaker during a Panama Relocation Tour.

CLICK ON THE LINK BELOW TO READ BOB’S 2019 PANAMA REPORT

Report from Panama – June 2019

Bob’s 2019 Panama report illustrates why Panama is the best place to relocate to and retire in Panama.