“Go and live somewhere else,” advises John Osborne,,a resident of Victoria, B.C.“ Try doing what you think you’ve always wanted to do.” Osborne, a retired psychology professor from the University of Alberta, moved to Victoria after he found retirement living left a lot to be desired in his old hometown of Edmonton, Alberta.
Perhaps, like many retirees, you too yearn for a change of scenery, new experiences, and a changed set of circumstances. Moving to a new location within your own country is one way to satisfy these yearnings.
Going abroad is another option. Indeed, as many as two million American retirees currently live abroad, according to David Warner, professor of public affairs at the University of Texas at Austin.
If you need guidance on where to retire abroad, one of the best sources is International Living magazine. The editors of this magazine evaluate the best places to retire in the world using the following criteria with the respective weighting.
- • Cost of Living — 20 percent
• Health Care — 20 percent
• Special Benefits — 20 percent
• Real Estate — 15 percent
• Entertainment, Recreation, and Culture — 10 percent
• Climate — 5 percent
• Safety and Stability — 5 percent
• Infrastructure — 5 percent
- 1. Mexico
2. Ecuador
3. Italy
Insofar as Mexico, it wins the top spot due to its Senior Citizens Benefits program, the quality of life that expat Canadian and American retirees can enjoy, investment opportunities, and the fact that it is relatively convenient for Americans and Canadians.
See Where to Retire Quotes and Best Places to Retire Information
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