Hi guys,
My husband and I just love all of the info we get from you! We are in the investigation phase of our plan to live abroad and one of the things we haven’t been able to get any info on is Continuing Care in other countries, especially Latin America. We’re all going to reach a point in our lives where we won’t be able to live independently anymore and what happens at that point?
If we have chosen to move to another country, get involved in the community and make new friends we probably won’t want to come back to the US, plus the cost of care here is already astronomical. Who knows what it will be in another 10+ years. What plans have you and Billy made for such a time? We don’t have any kids to take care of us at that time, but I would imagine that there are folks with kids who still would not want to come back to the US to live.
Thanks for all you do!
Linda
Hi Linda,
Thank you for writing to express such kind comments about our work here on Retire Early Lifestyle. We very much appreciate it!
Your question about Continuing Care in other countries is an excellent one. Especially as we Boomers age, the receiving of live-in care or having assisted living facilities available would simply be the next phase of our age group receiving medical attention.
What we can tell you from our observation and experience is that the countries which are supplying Medical Tourism on one level or another as a business enterprise, are very aware that we are a large consumer group. It is in their best interest to prepare for a wave of Americans who will need this next level of care.
We know that there are some enterprising Expats who are renovating houses and providing for convalescent nursing home services (I believe there is one located in Ajijic, in the Lake Chapala area). Some of these specialize in stroke victims or Alzheimer