Select Mexico Properties

Lately, you’ve probably heard a lot about retirement planning. As the baby boomers prepare to leave the workforce, economists and financial planners are debating the impact that this exodus will have. For some, leaving the workforce will be a welcome event. For others, avoiding retirement for as long as possible is the name of the game. People in their 60’s are beginning to calculate the results of their retirement planning and are trying to determine whether they will have enough to get by.

Complicating matters is the apparent recession we’re dealing with. Retirees and the soon-to-be retired are coping with the loss of health insurance coverage, or the conversion to health care services covered by Medicare. Many are finding out that Medicare doesn’t cover nearly as much as private health care plans do, and that’s leaving some retirees scrambling.

For those workers who are not yet close to retirement, this should be a wake-up call. Yes, you’ll need to adjust your savings plan to account for extremely high health care coverage costs, but our current economic situation underscores more than the need for health care planning.

We couldn’t predict the high cost of health care, which is having a devastating effect on retirement savings. We couldn’t predict $4 per gallon gasoline and the high cost of home heating that is pinching personal and retirement savings. We couldn’t predict the sub-prime mortgage debacle that has brought the housing market to a standstill and is causing a massive number of foreclosures. (Keep in mind that many commercial retirement investments are in what else? Real estate!) What else is waiting for us that we haven’t predicted or that our retirement planning isn’t taking into account?

If you want a retirement investment you can count on, many experts agree that the real values in real estate are in Mexico. Pacific Coast real estate is highly affordable but limited in availability. Real estate has been appreciating here for the past 10 years at a rate of about 10 percent per year. Puerto Vallarta is not only a great place to live in retirement, it’s also an outstanding investment value. If you want to build or protect your retirement savings, make sure that Puerto Vallarta real estate is part of your retirement planning. Don’t wait to invest. Land values here are climbing and you’ll miss out on the best appreciation rate in real estate today. Please, contact a Select Mexico Properties sales representative today!

Photo Credit: Andrzej Pobiedzinski