Select Mexico Properties

Insurance agents, financial planners and benefits administrators use actuarial tables to determine how long a person is likely to live. The Social Security Administration also structures its benefits based on how much time a person will live after he starts drawing out of Social Security. The tables are beginning to indicate a growing likelihood that people who are approaching retirement right now are more likely to outlive their retirement savings.

This is cause for some alarm. For many years, we’ve known that life expectancy is increasing and will continue to increase. Our antiquated employment regulations and laws haven’t caught up, though. People who are still healthy and able are retiring at the age of 65 when they really should consider working longer – if only because their retirement savings won’t last the 17-20 years they need to!

Actuarial tables never predict what will happen to an individual, but they are useful for looking at trends over time. Knowing that you may well outlive your retirement savings is helpful if you’re relatively young, but if you’re only a few years away from retirement, this news can be quite distressing!

Fortunately, there are things you can do to protect yourself and reduce the risk that you’ll run out of cash in your later years. Wise investing can keep you solvent, even after retirement. Right now, one top-performer is Puerto Vallarta luxury real estate.

Puerto Vallarta is becoming a first-choice among people who are looking to retire. Even if you have no plan to move here, you can still benefit from the substantial appreciation of property values in Puerto Vallarta.

Select Mexico Properties has premium residential building sites for sale in San Pancho, just north of Puerto Vallarta. These sites are highly desirable hillside locations that would be perfect for a luxury home. If you choose not to move here, you’ll have no trouble selling to one of the thousands of retirees from all over the world who are looking for a Puerto Vallarta luxury home.

Select Mexico Properties can help with the design, engineering and construction of your home as well. Every detail will be perfect, ensuring that you will make the most from your investment in Puerto Vallarta real estate. You don’t have to risk running out of your retirement savings, when an investment like a Puerto Vallarta luxury home can secure your future. Please don’t wait. Contact a Select Mexico Properties sales representative today.

Photo Credit: Craig Toron

A study by the American Association of Retired Persons shows that one of every three people in the US over the age of 55 have saved less than $25,000 for their retirement. That’s a surprising statistic and it shows how unconcerned some people are about their need to save for retirement.

More than 25% of people who are approaching retirement have elected to delay their exit from the workforce, citing concerns about the economy. Extended lifespans and soaring medical costs also mean that retirement savings need to go farther and do more than they did in the past.

If you save for retirement, you’re in good company. However, most people don’t save enough. In this economy, finding productive investments is difficult. It’s also hard – maybe impossible – to carve out extra money from the budget each month to set aside. If you can’t make more or spend less, and your investments aren’t performing well, what can you do with what you can save for retirement?

A broad investment portfolio is always safer than a narrow one, and financial experts agree that the real returns in investing right now are located outside the US. In some locations – especially in Latin America – real estate is the hottest game in town.

Mexico has some of the hottest real estate markets in North America right now. It’s no wonder that Mexico has become the number one retirement destination. Investment safety, close proximity to the US, high quality of life and low cost of living all suit a retirement lifestyle well. 1.5 million Americans own residential real estate in Mexico and many plan to make Mexico an important part of their plan as they save for retirement.

If you would like to take advantage of the excellent growth potential and value of luxury real estate in Puerto Vallarta, please don’t wait. Select Mexico Properties has a limited number of premium building sites available on the Pacific coast. These sites will not last long, and this may be your last best chance to buy affordable Pacific coast real estate. Please, contact a Select Mexico Properties sales representative today!

Photo Credit: Yee St

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

The baby boomers are beginning to retire, and the media are filled with stories about the difficulty that this “prosperous” generation can expect to have when it comes to making ends meet. Unfortunately, the retirement planning troubles being experienced by the baby boomers will continue long after this generation has passed on.

Retirement planning will be a major challenge for Generation X members as well. This generation struggles with an enormous debt load including student loans, mortgages and credit card debt. Funds available for investment are limited, as are the opportunities for investment. Generation X saves less than any preceding generation, and will struggle with the increased cost of health care, education, energy, and housing.

For those individuals who want to look ahead, few investments will return as much as Mexico real estate. Right now, real estate in certain Mexican markets, including Puerto Vallarta, is a hot commodity. Developers are purchasing all available land, and building hotels, resorts and condominiums in anticipation of a wave of retirees.

This approach leaves fewer options for the individual investor. Some smart individual investors have begun to purchase land outside the city and build luxury homes along the Pacific coast.

Select Mexico Properties has a limited number of residential building sites available for sale. These hillside sites offer a spectacular view of the Pacific Ocean and will provide an excellent return on investment, whether the land is developed as a year-round residence or as a vacation home.

For many people, work alone is not enough to provide a comfortable lifestyle and a comfortable retirement as well. High performance investments are a necessity! The timing of a purchase of Puerto Vallarta real estate is critical, however. These lots will sell quickly, so your opportunity to own Pacific Coast real estate is limited.

If you would like more information on how you can include Mexico real estate in your investment portofolio, please contact a Select Mexico Properties sales representative today.

Photo Credit: Steve Knight

According to the National Institutes of Health, in the last 56 years, the life expectancy of human beings has increased from 68.6 years to 78 years. Most of our retirement system was built after the Great Depression, and both the contribution and benefits targets were based on the fact that most people would have shorter – not longer – lifespans. This has a significant impact on retirement savings.

While the benefits calculations have been changed to accommodate our longer lives, some of our laws and retirement rules have not. Many companies have age-based mandatory retirement rules; laws require withdrawals from retirement savings to begin by age 70 ½; and Social Security benefit eligibility begins as early as age 60 for some individuals.

Healthy, able senior members of our society may be forced out of the work place and required to withdraw from retirement savings before they’re ready to, or before it’s financially advisable to do so. Older workers may also be affected by a catastrophic illness that disables them or their spouse. These circumstances put pressure on retirement savings, and test the strength of retirement planning strategies.

The most diversified portfolios fare the best when it comes to weathering adversity. Not many financial professionals would recommend investing in real estate. In fact, billionaire real estate mogul Sam Zell said recently that there were no growth opportunities in the US real estate market. He indicated that the real opportunities in real estate are found in emerging economies like Mexico.

The figures bear this out. Right now, Puerto Vallarta is one of the five hottest real estate markets in Mexico. Investors can expect the double-digit annual gains in property values to continue, as they have for the past ten years. This rate of growth is being fueled by strong interest on the part of retirees and senior workers from all over the world who are looking for an affordable place to relax and retire.

The time to make a retirement investment in Puerto Vallarta real estate is right now. Select Mexico Properties has some beautiful hillside properties that overlook the Pacific Ocean. You won’t find residential development sites with higher investment potential than these. If you’re looking for a solid performer to perk up your retirement investments, please contact a Select Mexico Properties sales representative today. Let us show you how you can take advantage of the Puerto Vallarta real estate market!

Photo Credit: Carl Dwyer

Lately, the baby boomers have gotten a lot of media attention as they approach retirement age. The declining economy and the rising costs of the basics – food, housing, medical care, and energy – are spiraling out of control. Many baby boomers are wondering if their retirement savings will carry them through the rest of their lives.

For Generation X, however, the same concerns are nagging at them. Unlike the baby boomers, however, few Generation Xers are saving for retirement at all. Even those people who are considered financially successful are finding it difficult to save for retirement. After paying for housing, transportation, energy and student loans, many Generation Xers are finding that they have little money to save or invest.

This is unfortunate because this group has the most potential to save and invest, and they also have time on their side. An investment in Puerto Vallarta real estate by a person who is 30 years old could pay handsome dividends over time. With a 30-mortgage on a $500,000 second home and Puerto Vallarta’s appreciation rate, the same property could be worth millions of dollars when that investor is ready to retire.

A smart investor would use the property as an income generator. By renting out the house to tourists and part-time residents, the house could literally generate enough money to pay for itself, even after taking into account the additional taxes and salaries for the home’s caretaking staff.

What better way to fund a retirement than through an investment that not only appreciates in value, but also pays for itself? Saving for retirement doesn’t have to be a struggle. With the right investments made at the right time, even modest retirement savings can provide big returns.

If you are interested in learning more about how a Puerto Vallarta second home can fit into your retirement planning strategies, please contact a Select Mexico Properties sales representative today. The opportunity to purchase land in Puerto Vallarta at its current low rates won’t last long!

Photo Credit: Michelle Spagnol

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

According to the Investment Company Institute, two out of five American workers have no employer-based retirement savings plans. These workers will be entirely dependent upon Social Security for their retirement income. Congress has passed legislation to encourage workers to save for their retirements, but even those workers who begin saving for retirement may not have enough time to accumulate sufficient retirement resources.

You may have been planning for retirement for years, or you may have assumed that you’d start saving “someday” and now find yourself behind the proverbial eight-ball on the issue of retirement planning. Fortunately, you still have options when it comes to pumping up your retirement account balances.

An investment in Mexico real estate can improve your retirement outlook dramatically in a short period of time. If you choose to build a home here for yourself, you’ll enjoy the benefit of low land costs, low construction costs, and a high quality of life in Puerto Vallarta. Your purchase of residential property is entirely safe, and you can reasonably expect to see double-digit increases in property values for years to come.

On the other hand, you can choose to invest in land here and build a “spec home.” Your prospects for selling a luxury home here are outstanding. Many retirees from all over the world are looking for luxury property in Puerto Vallarta as they complete their own plans for retirement.

Puerto Vallarta is an excellent location for retirement, due to its low cost of living, high quality of life, tropical climate and vibrant economy. Improved land here appreciates quickly, and by incorporating green building techniques and materials into your home, you can significantly reduce the home’s operating costs and significantly increase it sale value. Once you’ve completed the home, sell it and invest the profits in the retirement vehicle of your choice.

Either way, building a luxurious home here in Puerto Vallarta is a solid investment decision. If you’re interested in learning more about how a Puerto Vallarta luxury home can work into your retirement planning, please contact a Select Mexico Properties sales representative today.

Photo Credit: Jose Luis Navarro

A large number of people have not engaged in any significant retirement planning, or are not saving sufficiently to fund their lifestyles after they leave the workforce. But there is disagreement among workers worldwide on how an affordable retirement can be achieved. An HSBC study conducted in the UK shows that people are prepared to work well into their 70’s to fund a comfortable retirement. According to the study, one-third of respondents between the ages of 40 and 60 wanted the age of retirement increased.

People who retired at the UK’s mandatory retirement age reported retiring because they had to, not because they were ready to. Additionally, 35% of workers in both Europe and North America said that they would prefer mandatory retirement savings programs, while 35% of pre-retirement age workers and 40% of post-retirement age workers in the UK said that they would prefer the government raise the mandatory retirement age, rather than enforce private savings accounts.

Fortunately, Select Mexico Properties is offering an investment that will enable retirees to enjoy retirement in relative luxury. Right now, Select Mexico Properties is offering some of the most beautiful residential building sites in San Pancho, Nayarit. San Pancho is just minutes north of Puerto Vallarta, and boasts one of the most beautiful residential settings on the Pacific Coast.

The land here is affordable, and Select Mexico Properties can help you construct a luxurious home that will help you take advantage of Mexico’s historically low cost of living.

For those who have actively engaged in retirement planning, this is a no-brainer! The low cost of living, great climate, high quality of life and investment potential for a Puerto Vallarta luxury home are the only reasons the savvy investor needs to start building right away!

For those whose retirement investments aren’t performing well, or have even lost money in the past few quarters, the addition of luxury property in Puerto Vallarta to your retirement portfolio can get your retirement accumulations back on track. If you’re considering retirement, or are concerned about the declining value of your current investment portfolio, please contact a Select Mexico Properties sales representative today and let us show you how to supercharge your retirement savings.

Photo Credit: Tim Reeve

A new report indicates that American women are not well prepared for retirement, and without adequate retirement planning, many women will suffer in their later years as the result of their circumstances.

Women still earn nearly one-quarter less, work fewer years on a full-time basis, save less, and receive lower Social Security payments than men do. To complicate the picture, women also live longer than men do, meaning that their retirement savings need to last longer and their retirement investments need to perform better.

While the report specifically focuses on the value of annuities, the statistics regarding retirement planning are alarming. There are many ways to support a comfortable retirement, however. Diversity of investments is the key. Smart investors are looking at the Mexican real estate market as a way to prop up sagging retirement investments.

In the past decade property values here in Puerto Vallarta have increased by about 10 percent per year. While this has been a phenomenal rate of return, it promises to continue for at least the next five years. With this rate of appreciation, the longer you wait to buy in, the lower your average return will be. At some point in the not-too-distant future, average investors will be priced out of this market and the opportunity to take advantage of this outstanding return will be gone.

Using high-return investments to make up for lower earnings and shorter careers an excellent investment strategy. Select Mexico Properties has about 100 prime residential parcels in San Pancho, just north of Puerto Vallarta. These pre-screened properties are among the best available building sites in this area, and are priced affordably.

If you’re looking for a way to support your sagging investments, cover for a low savings rate or regain time you may have lost by starting your retirement planning late, these sites being offered by Select Mexico Properties may be just what your portfolio needs. If you’re ready to examine the potential benefits of investing in Mexican real estate, please contact a Select Mexico Properties sales representative today!

Photo Credit: Magda Czajka