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USA Today recently summed up the state of the average American’s retirement dilemma when it proclaimed that Americans are not likely to have as much money for retirement as they’d projected, meaning that they’ll have to save more, expect less and work longer. That assessment may be true for younger workers, but for Americans who are already close to retirement age, it may not be very realistic. Personal savings and retirement investments will play a major role in how well Americans can live after retirement.

For many young Americans, retirement planning is a low priority because the cost of living in the US is so high. The basics, like housing, food, energy and transportation, medical costs, and education consume a large part of our incomes. Since retirement investments are not an “immediate” need, they often take a back seat. Once retirement planning does become a priority, the advantage of time is often lost.

That doesn’t mean that you can’t make up the difference, however. Experts agree that a balanced portfolio is the best overall strategy to achieve your long-term financial goals, but everyone’s portfolio could use a shot in the arm sometimes. Puerto Vallarta real estate can provide just the pickup your retirement investments may need.

Puerto Vallarta real estate values have been increasing steadily for the past ten years. These double digit increases in valuation mean that Puerto Vallarta property owners may enjoy not only the benefits of a Puerto Vallarta lifestyle, but also the inflation-beating gains that make Puerto Vallarta real estate such a spectacular opportunity.

You may think that you’ve missed the boat on Puerto Vallarta real estate. Not true. Property values here are expected to double in the next five years. That’s great news for you, as long as you get in on this deal right now. With double-digit valuation increases, you can’t afford to wait! There is no better time to buy Puerto Vallarta real estate than right now. The price of spectacular Pacific coastland is within reason and your retirement investments could use the boost that Puerto Vallarta real estate will provide.

If you’re concerned that your retirement investments won’t support you after you leave the workforce, please contact a Select Mexico Properties sales representative today. Let us show you how you can take advantage of the phenomenal growth in Puerto Vallarta real estate right now!

Photo Credit: ilker yavuz

A new report by the Coyne Partnership shows that as American baby boomers reach retirement age, more are stepping back from their retirement plans and delaying retirement. In addition to a slow-down in the rate of retirement, 14% of people who have already retired are considering a return to the workforce.

What’s driving this? Falling housing and investment values are a major culprit, as are rising health care and energy costs. People are discovering late in the game that they’re not prepared for retirement. Worse, 30% of people currently in the 65-69 age bracket are either still in the workforce or looking for work. Other factors, such as a relatively high divorce rate – which reduces earnings and splits retirement savings – and children who are just heading off to college are also making boomers rethink retirement.

Even if you’ve been planning carefully for your retirement, you may be a little nervous about the declining value of your retirement investments. You may have to change your strategy for providing for retirement, but don’t automatically assume that means staying in the workforce.

For some people, staying in the workforce isn’t realistic. Your health or the health of your spouse may mean that you can’t put off retirement. Instability in the job market can be particularly hard on senior workers, who often make higher salaries and receive more expensive benefits. These circumstances can combine to make seniors targets for workforce reductions and involuntary retirements. Without solid options, you may be forced to start drawing on your retirement savings sooner than you’d expected to.

Right now, Mexico real estate provides a perfect opportunity to shore up the value of your retirement savings. Puerto Vallarta is one of the hottest real estate markets in Mexico, and if you’ve ever been here, you’ll understand why. Developers are purchasing land here left and right, hoping to cash in on the anticipated wave of retirees. A better, more profitable strategy is to buy undeveloped land and build your own custom home. You (not the developer!) get to take advantage of the double-digit appreciation rates for property in Puerto Vallarta.

The cost of living here is also very low. At the same time, the quality of life is high. You’ll have access to excellent, affordable health care, high quality food, low-cost prescription drugs, low cost personal assistance and more. You can still enjoy the retirement you planned for without having to delay your dreams. If you’re interested in learning how Mexico real estate can factor into your retirement goals, please contact a Select Mexico Properties sales representative today!
Photo Credit: CJ Luc