Select Mexico Properties

Among my posts about buying real estate in Mexico, I’ve written about the high cost of health care in the US. If you’re planning for your retirement lifestyle, you know what lies ahead. Many of the figures I’ve offered relate to the cost of health care for people who don’t have additional insurance beyond what Medicare offers. Those retirees are in the majority. Less than one-quarter of US retirees will leave the workforce with an employer-paid health benefit. The cost of health care is extremely important because it is now the single largest expense in retirement.

A retiree can expect to spend between $200,000 and $635,000 on uninsured medical expenses in retirement. But what about those who are insured? They’re in a much better position, right? Maybe not! A new report issued last week shows that retirees who have employer-paid health care benefits as part of a retirement package can expect to spend between $65,000 and $140,000 in unpaid and co-paid medical expenses. As time goes on, these figures are expected to climb even higher.

Having insurance doesn’t completely insulate your retirement lifestyle from the high cost of health care. But what is being done to lower the cost of health care? Frankly, not much. Some retirees aren’t waiting for the issue to resolve. They’re buying real estate in Mexico as a way to ensure that they have access to high quality, affordable health care in their retirement years.

Puerto Vallarta is an excellent place to find affordable health care, delivered in modern hospital and clinic settings. Excellent, affordable dental care and low-cost prescription drugs complete the picture. The overall savings on health care services in Mexico is 50% to 75%. Combined with the low cost of buying real estate in Puerto Vallarta, the notion of building a retirement home in Puerto Vallarta makes a lot of sense.

Whether you’re buying real estate in Mexico as a way to beat the high cost of retirement, or as a way to improve your investment portfolio, there’s no better time to buy than right now. If you’re looking for ways to ensure that your retirement lifestyle is as good as it can be, don’t overlook the option of buying real estate in Mexico and building the home of your dreams. With the low cost of living and the high quality of life in Puerto Vallarta, you won’t be giving up anything other than cold winters and the high cost of retirement in the US. Don’t wait! Contact a Select Mexico Properties sales representative today.

Photo Credit: Vangelis Thomaidis