Select Mexico Properties

According to the National Institutes of Health, in the last 56 years, the life expectancy of human beings has increased from 68.6 years to 78 years. Most of our retirement system was built after the Great Depression, and both the contribution and benefits targets were based on the fact that most people would have shorter – not longer – lifespans. This has a significant impact on retirement savings.

While the benefits calculations have been changed to accommodate our longer lives, some of our laws and retirement rules have not. Many companies have age-based mandatory retirement rules; laws require withdrawals from retirement savings to begin by age 70 ½; and Social Security benefit eligibility begins as early as age 60 for some individuals.

Healthy, able senior members of our society may be forced out of the work place and required to withdraw from retirement savings before they’re ready to, or before it’s financially advisable to do so. Older workers may also be affected by a catastrophic illness that disables them or their spouse. These circumstances put pressure on retirement savings, and test the strength of retirement planning strategies.

The most diversified portfolios fare the best when it comes to weathering adversity. Not many financial professionals would recommend investing in real estate. In fact, billionaire real estate mogul Sam Zell said recently that there were no growth opportunities in the US real estate market. He indicated that the real opportunities in real estate are found in emerging economies like Mexico.

The figures bear this out. Right now, Puerto Vallarta is one of the five hottest real estate markets in Mexico. Investors can expect the double-digit annual gains in property values to continue, as they have for the past ten years. This rate of growth is being fueled by strong interest on the part of retirees and senior workers from all over the world who are looking for an affordable place to relax and retire.

The time to make a retirement investment in Puerto Vallarta real estate is right now. Select Mexico Properties has some beautiful hillside properties that overlook the Pacific Ocean. You won’t find residential development sites with higher investment potential than these. If you’re looking for a solid performer to perk up your retirement investments, please contact a Select Mexico Properties sales representative today. Let us show you how you can take advantage of the Puerto Vallarta real estate market!

Photo Credit: Carl Dwyer