Health Care Costs Not Such A Worry With A Mexico Luxury Home
These days, it seems like it’s impossible to have it all. The biggest unplanned or underplanned expense in retirement is the cost of health care. Part of the reason it’s so hard to pin down is that costs rise so fast. Many Americans also underestimate the health care coverage they’ll have in retirement, or benefit provisions change along the way. When you factor in health care costs, it’s easy to see why so many people are looking to Mexico for an answer. What they find might surprise you. Many Americans beat the high cost of retirement health care by living in Mexico luxury homes.
If you look closely, the strategy makes perfect sense. The average retiree can expect to spend $250,000 on uninsured medical expenses. Retirees who are blessed with a long life could spend $400,000 or more. To compound the problem, prescription drug costs are extremely expensive. For some retirees, the majority of their monthly retirement benefits go toward the cost of medicine. To cope with these factors, retirees look for places that have both affordable, quality health care and prescription drugs. The less they spend on medical care, the more they have for other things, like food and housing.
A Mexico luxury home in Puerto Vallarta offers a high quality of life. You’ll find medical care comparable to what you’ll receive in the United States. Prescription drugs are available for 50% to 75% less than what you’ll pay in the US for the same medicines. Dental clinics in Puerto Vallarta cater to the American and Canadian residents here, so the care is very similar to what you find in modern US dental practices.
In a Mexico luxury home, a retiree can afford to hire a person to help with the laundry, meals and housekeeping. They can also afford to hire groundskeepers to help with outdoor maintenance and upkeep.
In short, life in a Mexico luxury home significantly reduces the cost of living in those areas that US seniors are most likely to spend extensively on if they live in the US. The cost of housing, medical care, and personal assistance are all substantially lower when retirees choose to live in a Mexico luxury home. Puerto Vallarta is within a few hours by air of most US cities. Puerto Vallarta is served directly by the major air carriers and getting in and out of the city couldn’t be easier.
If you’re looking for a viable strategy to beat the high cost of retirement living, consider building a custom Mexico luxury home. Please contact a Select Mexico Properties sales representative today and let us show you how to make your retirement dollars start working for you!
Photo Credit: Gary Scott
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