Houseboat Magazine

November 2009

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19 November 2009 goldmine of information about foreign retirement in general. The author starts by saying that seven out of ten baby boom- ers won't have enough money to retire comfortably in the United States. Then he points the way to more affordable places. He recommends that you look carefully at each nation's public and private medical care, the availability of direct flights to ma- jor U.S. cities, basic living costs in all areas from food to utilities, and how much red tape is involved in getting a residence visa, getting your boat in and out of the country and so on. One way to get information, says Golson, is from teachers, doctors and other credible Americans who have retired there on both affluent and middle class budgets. He pro- vides many case histories including experi- * * * * * * ences of ex-pats who have second thoughts about living abroad. Golson has lived in four countries, has a home in Mexico, and his writing credits include an award-winning article for AARP on retiring in Mexico. Other references that can help with your research are listed below, but keep in mind that some may have a biased point of view. Make sure too that the information is up to date with U.S. tax law and the laws of the nation described. Live AndInvestOverseas.com offers a newsletter for would-be emigrants. RetireinCostaRica.net describes retire- ment in that beautiful country. See your tax advisor or go to www.irs.gov for information on U.S. tax obligations for those who live abroad. MoveToPanama.com specializes in relo- cation for business people but the site also has helpful advice for retirees. RetiredExPat.com is a website with infor- mation on overseas retirement. Go to www. EPYC.com for information about the Eastern Pacific Yacht Club, which provides a mother ship and takes groups of boats to southern California to Panama. Other helpful boating sites include _http:// forums.cruisingworld.com/, www.lati- tude38.com, www.cruisersforum.com and www.charternet.com/sailboat/mexico.html. Many of these sites are aimed at sailboats, so ask follow-up questions to make sure the information is suitable for a power boat. About the Author The Groenes lived full-time on the go for ten years. Janet blogs at www.BoatCook. blogspot.com. living house boat magazin

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