Retire In Panama Archives | Panama Relocation Tours

Last Updated Jun 29, 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.

Moving to Panama may be the best…or only… option for Baby Boomers who want a stress-free, happy and fulfilling retirement.

♦ But how do you move to Panama?
♦ Where do you start?
♦ What do you need to do?
♦ What should you avoid doing?

A Panama Relocation Tour will take away all the guesswork and confusion. A Panama Relocation Tour will lead you step-by-step to knowing how to retire in Panama with confidence. Previous tour client Jim Barber said, “The biggest takeaway was that the tour gave me the confidence to make the leap to being confident, even excited, about retiring in Panama.” We will help guide you to the kind of retirement you deserve like:

♦ A comfortable lifestyle on a Social Security budget
♦ Afford luxuries like a housekeeper, gardener, weekly massages and more
♦ Perfect weather (no snow, no hurricanes, no tornadoes)
♦ Qualify and affordable health care and health insurance
♦ Eat out as often as you want for $5 a meal
♦ Make friends fast and have a vibrant social life
♦ Live a stress-free lifestyle without worrying about money

IT’S ALL POSSIBLE IN PANAMA!

“Many more North Americans than ever have begun to realize that they can live better for less in Central America with a healthier and less stressful lifestyle. Let Jackie and Panama Relocation Tours show you exactly why Panama may well be your best choice” says tour client Eric Weiss.

Panama Relocation Tours has the Experience You Can Trust! In June 2019, we completed our 103rd Panama Relocation Tours!

Joe and Lori, from California, can retire EARLY by moving to Panama! This is what they had to say about their Panama Relocation Tour experience:

WORDS CAN’T DESCRIBER OUR PANAMA RELOCATION TOURS EXPERIENCE

Jackie delivers an emotional connection to Panama that is unparalleled.

Our pre-tour experience of Jackie, Melissa, and Dustin re-defined “customer service” in a way we have not seen in the United States. Thorough and rapid responses to our questions coupled with a superb organizational aptitude characterize the PRT team. Logistical excellence and deep knowledge of Panamanian culture, economy, customs, language and social norms are the hallmark of Jackie and her professional team. The care and feeding of everyone on tour exceeded our expectations because of Jackie’s consummate commitment to deliver a complete Panama experience. Attention to detail, and unlimited patience are natural aspects of Jackie’s personality that impart caring and empathy for all because of her absolute passion for Panama and her love of life and the vitality that this country exudes.

We quickly formed emotional connections with our fellow “kindred spirit” tour mates and the Expats who joined us for meals further cemented our relationship to this wonderful country abundant with natural beauty and life that only Mother Nature can deliver. Jackie’s knowledge and drive for maximum value in all things economic make Panama an irresistible choice for our retirement because we can’t live as well for less in the beauty of this wonderful burgeoning seat of life. The local residents of Boquete were warm and welcoming, helpful without obligation, with useful and friendly offerings that astounded us “Gringos”.

If you cherish friendship, honesty in communication, and sincerity of feelings accompanied by a passion for life and abundance, then book your Panama Relocation Tour today. Let your soul fly and dance with the Spirit of Panama as you are cradled in the arms of a warm and welcoming Nature that graciously delivers Happiness and “Tranquilo”. I wish we had taken the PRT sooner!

Joe K.
June 2019 PRT

Now it’s your turn! Come see how you can live better for less in Panama – even retire early! Join us for a Panama Relocation Tour to get the knowledge and confidence to relocate to Panama.

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.

Last Updated Jun 7, 2019 - by Jackie Lange

Three Lessons on Retirement

Billy and Akaisha Kaderli have almost three decades of experience being retired even though they are only in their mid-60s. They both retired in their 30s to travel and experience the world. They are recognized retirement experts and internationally published authors on topics of finance, medical tourism and world travel. With the wealth of information they share on their award winning website RetireEarlyLifestyle.com, they have been helping people achieve their own retirement dreams since 1991. This “Three Lessons on Retirement” article is reprinted with permission. Read Billy and Akaisha’s advice about how to approach retirement:

Retirement is a great achievement, but it’s not static. It’s not like once you arrive you can forget about it and put it on auto-pilot. It’s an interactive manner of living that continues to respond to our input, the new skills we learn and how our goals modify. Hopefully we continue to grow and change, making our retirement sustainable and sweeter to live.

Below you will find three of our most effective lessons on retirement that will enrich you and increase your enjoyment along your path in financial freedom.

Control housing costs and you can live anywhere

This is a well-kept secret of retirement. The cost of housing is one of the largest financial outlays in anyone’s household no matter what age you are, and if you modify the price you pay for your residence, you have the financial freedom to virtually afford living anywhere in the world.

In other words, if you could save tens of thousands of dollars a year on mortgage payments or rent, insurance, maintenance and repairs, how would that affect your life? What if you could live in Paris or on a Caribbean island for free? You can do that, if you house sit.

Fortunately, these days the number of housing options are vast. Depending on the style of retirement you would like to enjoy, you can live on a boat or snowbird to warmer climates for a season or two. Airbnb offers rooms or cottages for rent or you might downsize and live in an apartment or condo to lessen your monthly outlay for housing.

We often negotiate with a hotel for a monthly rate and enjoy great discounts. This allows us to stay in foreign countries at a reasonable price and still have all the amenities that hotels offer: maid service, Cable TV, WiFi, and convenient locations. And we don’t have to worry about repairing the swimming pool, the water pump or the roof.

Shared housing with others, living in community, or renting out a room or section of your own home are also opportunities to contain costs. RVing or living in an Active Adult Community or utilizing Workampers to allay the price you pay per month for lodging are enjoyable alternatives too.

Satisfying housing selections have never been more exciting and creative as they are are today. Don’t box yourself in! Enjoy the world, meet new people, take a leave of absence from your neighborhood, the familiar and your routine!

It’s a lifestyle not a vacation

Keep things simple. Life has a way of becoming complicated. Once retired, you no longer need to live your life like a two week millionaire. You know, the way you might have lived while on vacation, picking out the best hotel rooms, eating at the best tourist restaurants, trying to pack years of adventure into a two week period before you return home, and purchasing tons of souvenirs for your friends and family.

Retirement is now a lifestyle and there is no push or rush to get it done by the end of the week and go back to work. Relax!

Retirement is a work in progress, and you’re in charge. While you may have done your homework on the retirement front, there’s still the chance that your dream lifestyle might need some tweaking. If you find that this is the case, it doesn’t mean you are a failure. You are the captain of your ship and can decide what to shift if something might fit better. Life is not motionless. Leave room for some serendipity.

Don’t take life so seriously, have fun with it! It’s later than you think! No matter where you are on the continuum of life, it’s later than you think. We can’t tell you how many friends we have lost over the years – those seemingly so young with lots of living yet to do! If you focus only on the future without a moment to enjoy the present, life can be unfulfilling.

Think outside the box

Traveling doesn’t have to cost and arm and a leg. Cruises are great but for the price of the cruise you could stay a month or more in one of your bucket list locations. When rambling around, learn to use the Dollar’s strength to your advantage. If you have never been to Mexico it is on sale right now at almost a 50% discount to what it cost a year ago. Australia, Vietnam, Canada, the Philippines, Eastern Europe, Panama and Thailand offer great values as well, so watch the exchange rates and plan accordingly.

In general, go slow and let events unfold and come to you. Sit in cafes and chat with locals to learn about the area and get suggestions on restaurants and rip-offs. It takes time to absorb a new culture so relax and let it happen. You will be rewarded for this.

Another way to save money that you can use for fun and adventure, is to eat one meal a day in your hotel room, and we are not talking about room service. We prefer to eat a simple protein-filled breakfast as we like to leisurely move through the morning. Then we pack some water in our day bags and perhaps a healthy snack and then we hit the streets of the town we are visiting, take a bus, or even a boat to check out what’s going on.

Arrange to volunteer. This is one of the most rewarding things a retiree can do in their new life. People everywhere need mentors, or perhaps they need the skill you can provide, whether it’s dentistry, teaching English, helping in an orphanage or local prison, teaching math or science. Utilize your time helping with clean water projects in developing countries, or use your musical skill to bring live music to the bedsides of patients in healthcare facilities. Work at a food bank or rescue animals, help our veterans with PTSD or join the Peace Corps.

Now is the time to re-describe who you are, what you want to accomplish, and what you want to do with your next decades. You have so much to give, so many skills that you have honed over the years. People everywhere will benefit from you just being you and giving of what you know. The fact that you now have the time, the money and the ability to be creative with your life is a powerful combination.

The future is yours! Make the most of it!