Recession Worries Clouding Your Retirement? Think Mexico Luxury Home Instead!
There’s no good way to put this: retirement during a recession is dangerous. Most financial advisors will tell you to just keep working. One or two more years ought to do it, maybe. What if you can’t wait one or two years? Or just plain don’t want to? There is an answer that many planners overlook: an investment in a Mexico luxury home!
Luxury travels with extravagance, and the thing you can least afford during the lean times is extravagance, right? Don’t answer too fast. If you plan to stay in the US, then keep working and hopefully things will improve for you. If you’re ready to stop working, you can take your hard-earned retirement savings and put them to work while you relax and enjoy the sunshine by investing in a Mexico luxury home.
A Mexico luxury home is the ideal investment for retirees because the money you invest in your home here will continue to work hard! Property values have tripled in the last ten years and will double again in the next five. You won’t find double digit ROI in any US real estate right now!
Even better, those necessities that are most expensive for retirees, like health care and prescription medicine, are 50% to 75% less expensive here than in the US. Whereas the average retiree in the US can expect to spend $250,000 on uninsured medical expenses, the same retiree can expect to spend one-quarter to one-half of that over the course of his or her retirement. When you reduce the most significant expenses in retirement, that leaves extra money for things, like travel, hobbies and the activities you promised yourself you would do when you retired.
Studies show that nearly half of all people who retire during a recession don’t have enough funds to maintain their lifestyle, primarily due to the reduction in their retirement savings’ worth. By moving your retirement savings into a high-performance asset like a Mexico luxury home, you can extend your retirement savings and enjoy a healthy and relaxing retirement lifestyle. If you’re worried about retiring during a recession, please contact a Select Mexico Properties sales representative today. Let us show you how to make the most of your retirement savings.
Photo Credit: George Popa
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