Questions on Retirement Facilities Overseas

I was looking at the QA section of your website. I didn’t look at every link. But, at some point do you discuss the inevitable outcome that eventually you won’t be able to travel any more at a certain age. Do you have any plans? Will you return to America permanently? Or will you choose one place overseas? Do you have concerns about having to stay in a retirement facility overseas?

Was there any country you’d label as your “favorite?”
Thanks,
Marsha

Hi Marsha,

Thanks for taking the time to write. You have a great question!

Billy and I still debate returning to the States full time. Once we turn 65 we will have medicare, but the expenses of long term care are just off the charts. Other countries who serve the expat population are aware of this and are building long term facilities to fill the need. You can read about a couple of them here:

Continuous Care options
Alicia’s Convalescent Complex
Care Facilities in Mexico

Also, it should be noted that general care — whether it’s medical or just care around the home like gardeners and maids, someone to do the shopping and cooking, is far more affordable overseas than it is in the States. So if it gets to the point where one must have assistance in one’s own home, this would be more affordable than in the States as well.

As I say, other countries see the writing on the wall and are offering services to Expats now for these purposes. These facilities and array of services will only grow to cover the increasing needs of the population. Chances are, we will take advantage of these when the time comes.

In terms of do we have any concerns about staying in a facility overseas – no more than having to stay or receive them in the States. There are always areas where one must watch so we aren’t taken advantage of – whether it be cleanliness, good service, or money fraud – but one would need to watch that anywhere they stay. We take the attitude of staying open to having the best options present themselves when the time is needed.

Not sure you can retire? Get answers here

As far as having a favorite country — we do not. Each country has their pros and cons, depending on what one is looking for. Sometimes stunning natural beauty is accompanied by less infrastructure, sometimes an easy-to-get-to-place has more traffic. Weather-wise, we prefer a springtime climate – not too hot, not too cold, not too humid. It’s always a give and take.

I hope this answers your question and do feel free to write again any time.

Wishing you the best,
Akaisha

About Retire Early Lifestyle

Billy and Akaisha Kaderli retired two decades ago at the age of 38 and began traveling the world. As recognized retirement experts and internationally published authors on topics of finance and world travel, they have been interviewed about retirement issues by The Wall Street Journal, Kiplinger's Personal Finance Magazine, The Motley Fool Rule Your Retirement newsletter, nationally syndicated radio talk shows and countless newspapers and TV shows nationally and worldwide. They wrote the popular books The Adventurer's Guide to Early Retirement and Your Retirement Dream IS Possible.
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