Select Mexico Properties

One of the Baby Boomers’ biggest concerns is the mushrooming cost of health care and how it will affect their retirement lifestyle. Less than one-quarter of all workers now participate in a pension plan that includes employer-paid health care benefits. Most US workers retire into an uncertain health care future. The average Baby Boomer can expect to spend between $195,000 and $635,000 in health care expenses not covered by Medicare, after reaching the age of 65.

For some retirees, that figure represents a significant portion of their entire retirement savings. These post-retirement health care costs don’t just include catastrophic illness. They include ordinary Medicare insurance premiums, doctors’ visits, surgery, the treatment of chronic illnesses, and prescription drug costs, which can reach into the hundreds or thousands of dollars per month.

To make matters worse, Medicare is scheduled to go broke in 2019. Should this happen, the responsibility of paying for medical care will rest strictly on the retiree. No wonder people are afraid for their retirement lifestyle!

To counter the high cost of a US retirement lifestyle, many Baby Boomers are planning to buy real estate in Mexico. This approach will enable them to take advantage of the low cost of living, and the high quality of life. That quality of life includes state-of-the-art medical care in new hospital and clinic facilities; new treatments that are not yet available in the United States; and of course, health care costs that are affordable.

The Puerto Vallarta option enables retirees to enjoy more of the retirement lifestyle they’d planned for and avoid the chilling health care costs that diminish the quality of life for so many US retirees. If you’d like more information about the advantages of building in Mexico, including the low cost of health care here, please contact a Select Mexico Properties sales representative today.

Photo Credit: Dan Nevill