Select Mexico Properties

If you always assumed that you would retire to Florida, you might want to rethink that. The outlook for the Sunshine State isn’t as sunny as it once may have been. An investment in Puerto Vallarta luxury homes may be in order instead!

State revenues in Florida are falling, which means pinching pennies hard to get through the current fiscal year and adjusting spending downward for next year. In contrast, the Puerto Vallarta economy is hot with no signs of stopping. Owners of Puerto Vallarta luxury homes have experienced a tripling of property values in the past ten years, and will see those same values double in the next five. Compare that to declining property values in Florida, which are expected to continue for several more years.

Florida is still attractive to the wealthiest of retirees, but the number of retirees who believe they fall into this category is dropping fast. The mushrooming cost of health care in retirement is largely to blame for the decline in retirees’ wealth. On the other hand, investors who live in Puerto Vallarta luxury homes can look forward to affordable health care in a quality environment.

More people retire at age 62 than any other age group. The first of the baby-boomers are now turning 62, and many are rethinking early retirement due to the soft economy in the US. The shrinking job market has put a lot of older workers out of a job, and many cannot find suitable replacement employment. Those who are still working will continue to generate income while they can.

If your plans call for you to work until age 65 or higher, but you lose your job at age 60 and can’t find new work, will you have sufficient funds to cover your retirement? Worse, what happens if a health crisis forces you to retire before your retirement savings are fully realized? Will the savings you have put together be enough to handle the added health care costs? When you invest in a Puerto Vallarta luxury home, many of these questions are answered.

An investment now in Puerto Vallarta luxury homes has some distinct benefits. First, it’s a buyer’s market here. You can have the best properties at prices you’ll never see again in this area. You can build a luxury home, hire staff to help with meals, housekeeping, landscaping and laundry, and live comfortably and within your budget. The quality of life here is high, and you can pass your investment on to your children or sell it for a substantially appreciated value should the need arise.

If you want to worry your way through retirement, or settle for retiring in place and take your chances with the skyrocketing cost of health care, do nothing. If you want to enjoy retirement living in a sunny, warm climate with good health care, a reasonable cost of living and a spectacular return on investment, contact a Select Mexico Properties sales representative today!