25% Gain
in Six Weeks !
Billy and Akaisha
Kaderli
Once retired, you
have numerous options available as to where you would like to
live or spend your time. We choose to travel the world gathering
as many unique experiences as possible. Even though the
financial markets have been in a downward spiral for the last
year, we continue to press ahead with our globe-trotting
lifestyle.
For the last few
years, weakness in the U.S. dollar has hit us a bit
-- but not that much. For instance, the cost of a
two-hour Thai massage went from $5 to $6 in
Chiang
Mai, Thailand. But you can still eat a plate
of Phad Thai noodles for lunch for less than a buck.
However, we
are no longer in
Thailand. Now we are happily residing in
Chapala, Mexico. When we arrived six weeks ago, the
peso was trading slightly below 10 pesos to the
dollar. For our record-keeping purposes we simply
rounded it out to 10. Now, a few weeks later, it's
over 12.5 to the dollar -- meaning a peso is worth 8
cents. That's a big bump in the purchasing power of
our retirement dollars.
XE Currency
Converter
To put this
into perspective, our rent, which is priced in
pesos, has now declined more than 25% in dollar
terms. In fact, everything is now 25% off for us.
Food, restaurants, transportation, and entertainment
have all become less expensive.
So, even
though the
S&P
500 has nose-dived recently, we have received
a significant raise in our buying power.
If you are
nearing retirement, perhaps now is the time to look
beyond the border for locations where the quality of
life is better and the costs are less than those in
the U.S. We have.
About the Authors
Billy and Akaisha Kaderli are
recognized retirement experts and internationally published authors on topics of
finance and world travel. With the wealth of information they share on their
popular website
RetireEarlyLifestyle.com,
they have been helping people achieve their own retirement dreams since 1991.
They wrote the popular books,
The Adventurer’s Guide to Early Retirement and
Your Retirement Dream IS Possible.
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