So can you live a good life on your Social Security income when you live overseas? Yes. We know people who are doing it. And while no one is happy about the idea of budget cuts to Social Security and Medicare... frankly we're not worried. Our retirement strategy has always been to do just what we're doing now. Live better for less overseas. Now that's security!
A midlife crisis -- if you fully embrace the stereotype -- can be expensive. Fancy car... trophy spouse... new body... new career. But -- as with so many things -- your buck buys you more when you take your midlife crisis to a tropical paradise and teach it to dance the salsa. Consider these alternatives...
The point is that in many cases, 'offshore' isn't about banking and secrecy... it's really about internationalizing your life. It's about taking the best possible advantage of perfectly legal opportunities and structures in other countries that allow you live a better quality of life for less money.
A total of 10,000 people turn 65 each day -- and many of them who retire want to make the most of travel opportunities. In my new book, '65 Things to Do When You Retire: Travel,' I invited a world-class collection of writers and travel experts who are literally from all over the world to offer practical, inspiring advice about how to have the time of your life.