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

Baby boomers are quickly approaching retirement. The first boomers have already begun to apply for Social Security benefits, and many senior workers are taking stock of their investments and savings. For a lucky few, the retirement outlook is good. For most workers, however, questions linger regarding their ability to leave the workforce on the retirement savings they’ve amassed.

Mortgages, college educations, retirement accounts, consumer debt, health crises and providing for elderly parents are among the top concerns of senior workers. Many wonder if they’ll ever be able to retire. Senior workers facing the early loss of employment also face the loss of employer-provided health care when they need coverage the most.

Fortunately, there are solutions that don’t require you to spend down your retirement savings pointlessly, or go bankrupt trying to pay for medical care. Many seniors are looking for the best ways to make their retirement savings last.

One of the biggest challenges seniors face in retirement is lowering their cost of living. Most retirees don’t have the resources to maintain their pre-retirement income level. Reducing spending to fit a lower earnings bracket can be challenging. To complicate this, the cost of living in some of the country’s most popular retirement communities is extremely high. Faced with a decreased income, increased cost of living, and uninsured medical expenses, it is no wonder seniors are looking for ways to stretch their retirement savings!

Many seniors have found that living in a place like Puerto Vallarta, where the cost of living is very low and the quality of life is very high, is the best way to make their retirement funds last. Puerto Vallarta offers excellent, affordable health and dental care, prescription drug costs, housing, transportation, and recreation opportunities that enable residents to make the most of Puerto Vallarta’s endless summer.

There’s no reason to exhaust your retirement savings trying to keep up with the high cost of living in the US. With health care costs on an upward spiral and inflation, energy costs and declining investment returns eating away at your assets, you owe it to yourself to see what Puerto Vallarta has to offer you. Please don’t wait! Contact a Select Mexico Properties sales representative today for more information about enjoying a Puerto Vallarta retirement.

Photo Credit: Stephanie Berghaeuser

Conventional wisdom says that savings and investments made before retirement are critical to a person’s ability to provide for himself after retirement. New research by Russell Investments confirms that for defined contribution plans, but puts a different spin on the importance of return on investment. The research shows that nearly two-thirds of retirement funds accrue once the payout period has begun.

The report shows that 10 cents of each retirement dollar can be attributed to savings and direct contributions to the retirement plan. Thirty cents on each dollar can be attributed to accruals that occur while the beneficiary is still working. The remaining sixty cents of each retirement dollar can be attributed to investment returns and accruals that occur after a beneficiary has begun to collect on his accounts.

If this is accurate, the importance of investment performance cannot be understated because the majority of your retirement funds depend upon it! If you’re looking for excellent return on investment, consider the construction of a luxury home in Puerto Vallarta.

For the past ten years, Puerto Vallarta has seen property appreciation values of at least ten percent per year. Within the next five years, property values are expected to double again as the demand for real estate in Puerto Vallarta grows. You’ll find few opportunities for a return on investment like that!

Select Mexico Properties has a limited number of premium residential building sites in San Pancho, just north of Puerto Vallarta. These sites are highly desirable and are selling quickly. If you want to add a solid performer to your retirement portfolio, in terms of return on investment, you can’t beat Puerto Vallarta real estate. For more information, please contact a Select Mexico Properties sales representative today.

Photo Credit: Thiago Miqueias

According to a new study conducted by AARP, 27 percent of respondents over the age of 45 will delay retirement plans due to the faltering economy. A more ominous sign, however, is the news that nearly 25 percent of respondents between the ages of 45 and 64 are already tapping into their 401(k) plans and other investments. Seventeen percent of younger baby boomers – those between the ages of 45 and 54 – are putting off paying bills and scaling back spending on medications to make ends meet.

For some workers, it won’t be possible to delay retirement, either due to employer downsizing or personal health reasons. Tapping retirement savings isn’t the best option, even for boomers in their forties. The economy could take years to recover, during which it will be difficult – if not impossible – to replace those retirement withdrawals. The cumulative effect will be a lower net worth at the time of retirement.

What can workers do right now to improve the worth of their retirement investments? Few investments are performing well right now. It’s easy to see why so many workers believe they will delay retirement. One option that many workers are considering is an investment in Puerto Vallarta luxury properties.

It sounds counter-intuitive, but right now land prices in Puerto Vallarta are low, and won’t be this low again for some time, if ever. Pacific coast building sites are in high demand, and the Mexican government has placed limits on how much coastline can be developed.

At the same time, retirees from all over the world are looking for a place where they can maximize their retirement savings via a low cost of living. They’re not interested in sacrificing their quality of life, so a place like Puerto Vallarta is a big draw.

Residential investors are taking two approaches here: some are building investment properties for immediate sale, while others are building their own retirement homes right now in anticipation of substantial appreciation, and a shortage of Pacific view real estate in the coming years.

Puerto Vallarta luxury homes aren’t experiencing the same market slowdowns that you may be seeing in the US real estate market. This is due, in part, to strong interest in Puerto Vallarta properties by bargain-seeking Europeans who are looking to combat high post-retirement living costs, and who have the advantage of a strong Euro. If you would like to know what the addition of a Puerto Vallarta luxury home can do for your retirement portfolio, please contact a Select Mexico Properties sales representative today.

Photo Credit: Rore D.

Nearly half of all working Americans have no retirement plan offered through their workplace. If you’re in this group, you can still plan for retirement, and you can still save. There are many investment vehicles available for you to choose from. One great opportunity will enable you to invest your money wisely, make a great return and ensure a comfortable retirement.

Although the US real estate market is doing poorly, the Mexico real estate market is doing quite well. Buying a residential building site in the Puerto Vallarta area and building a luxury home may be just the investment that jump starts your retirement savings.

Right now, the real estate market in Puerto Vallarta is hot. In fact, there are few real estate markets that are better than Puerto Vallarta’s. Developers are building luxury homes, condominiums and resorts in an effort to attract retirement buyers – those folks who are looking for a place to retire to.

Land in Puerto Vallarta has been appreciating at a rate of about ten percent per year for the past ten years. This is a great return, but the best news is that these appreciation levels are expected to continue. Puerto Vallarta real estate would be a stellar performer in any plan for retirement.

There are few opportunities for individual investors to purchase premium building sites in and around Puerto Vallarta. Commercial developers purchase most coastal land that is eligible for development. Select Mexico Properties has fewer than 100 premium residential building sites remaining in San Pancho, just north of Puerto Vallarta.

San Pancho is an ideal place for a luxury home. It’s close to Puerto Vallarta, which means that you can take advantage of all of the wonderful things Puerto Vallarta has to offer, yet far enough away from the city to avoid all of the commercial development and construction that’s taking place there.

Better, building a home in San Pancho enables you to take advantage of the awesome appreciation rates here. You can also sell your custom luxury home for a substantial profit if you decide that living in Mexico isn’t part of your plan for retirement. There’s no reason to wait to take advantage of this opportunity. Select Mexico Properties can help you locate lenders who can make this dream a reality for you. Please don’t wait! Contact a Select Mexico Properties sales representative today!

Photo Credit: Ilker Yavuz

Timing your retirement can be a challenge. The current economy provides a great opportunity to assess your retirement portfolio. Your retirement portfolio should be balanced. This is especially important if you’re approaching retirement age. The right mix of stocks, bonds, assets and other securities is essential to help minimize the impact of recession on your retirement savings.

If your retirement portfolio contains a significant amount of stock in your company, you may want to look at diversifying. Although your company may be doing well, it’s not a good idea to put all of your eggs in one basket. At the same time, when your company is doing well, it’s hard to pull your investments out and put them into something else.

If you’re looking for investment opportunities for your retirement portfolio that perform well and are not closely tied to the US economy, look to Mexico. Right now, Mexico real estate offers excellent appreciation as well as safety of ownership.

In certain areas of the country, Mexico real estate is appreciating at the rate of about 10 percent per year. Puerto Vallarta is an example of such a place. Construction in Puerto Vallarta is substantial right now, in anticipation of a large number of retirees from all over the world. Investing in real estate in Puerto Vallarta right now could prove to be the investment of a lifetime.

Select Mexico Properties is offering choice ocean-view building sites in San Pancho, just north of Puerto Vallarta. There are fewer than 100 lots left. These lots are reasonably priced and will enable smart investors to take advantage of substantial appreciation in the next few years.

If you’re interested in finding out more about Puerto Vallarta real estate and what it can do for your retirement portfolio, please don’t wait. These ocean-view lots will not last long. Contact a Select Mexico Properties sales representative today!

Photo Credit: T. Al Nakib

These days, most people are concerned about the health of their retirement savings. While early retirement was all the rage in the 1990’s, many older workers are finding that the early retirement route doesn’t add up. When they take a long, hard look at their retirement savings, early retirement doesn’t seem very likely. In fact, 30 percent of people between the ages of 65 and 69 are either still working or still looking for work. Effectively, three in ten people above the age of 65 have determined that they cannot retire.

A recent Kiplinger’s Retirement Report poll indicated that nearly 20 percent of American workers had to tap into their retirement savings before the age of 59 ½. Tapping into your retirement savings virtually guarantees that you won’t have enough for your retirement. In addition, using tax-deferred retirement funds will earn you a 10% penalty on top of the taxes you’ll have to pay on the money.

So how are people funding early retirements these days? Many aren’t, but there are some strategies you can employ to position yourself to take advantage of the opportunity to retire early, if it arises for you.

An investment in Mexico real estate might just push your retirement investments into strong positive territory. In certain markets in Mexico, the property values are hot. Puerto Vallarta happens to be one of those areas. Major Federal government investments are putting Puerto Vallarta into the spotlight again. Known as a perennial vacation favorite, Puerto Vallarta and other Mexican resort towns are the mainstay of Mexico’s current economic plans.

Right now, Mexico’s economy is heavily dependent upon oil. As a major oil producer, Mexico should be (and is) in a good position. Mexican economists realize, however, that it is critical to reform the basis of Mexico’s economy. Just as an investor wants a diversified portfolio, Mexico’s political powers want to see a diversified, strong Mexican economy with input from many sectors. One of the first income producers they want to develop is tourism.

The infrastructure investments are a solid win for Puerto Vallarta property owners. As the city grows and expands, both the demand and the price for real estate increase. In five years, luxury real estate for the individual builder will be difficult – if not impossible – to find. That’s why it’s critical for individuals to act right now. If you’re interested in capturing this growth opportunity, please don’t wait. Contact a Select Mexico Properties sales representative today!

Photo Credit: Sophie

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

For many baby boomers, this is the $64,000 question: will my standard of living change when I retire. Rest assured, retirees and senior workers worldwide are asking themselves the same questions. This is not strictly an “American” problem. The cost of living in many developed countries is simply too high to enable seniors to live comfortably.

Don’t be fooled by the word “comfortable” either. I’m not talking about luxurious living. I’m talking about making ends meet. Many retirees in developed nations all over the world are anxious about their ability to provide for themselves after they leave the workforce.

Some countries have a mandatory retirement age that cuts a healthy worker’s productivity (and retirement planning) short. The cost of health care is enormous, but even seniors in countries with universal health care are concerned. While the cost of treatment may not come directly out of their retirement savings, needed treatments are often unavailable, or there is a long waiting list for expensive procedures that would improve a senior’s quality of life. (Think joint replacement.) Affluent seniors in countries with universal health care often travel abroad in search of private medical services because they don’t want to wait for months or even years for relief from their pain.

Retirees from all over the world are coming to Puerto Vallarta in search of affordable retirement living that also delivers a high quality of life. In Puerto Vallarta, you’ll find modern medical care, the latest prescription drugs, specialty medical services, treatments that are unavailable elsewhere, and private clinics with US- and European-trained physicians who deliver top-notch medical services in well-appointed, modern safe hospitals.

In addition to providing an excellent standard of living, Puerto Vallarta is a great place to be. The climate is similar to that of Hawaii. The average winter temperature is in the mid-70’s, and the summer temperatures are in the high-80’s and low-90’s. You won’t find the oppressive heat that’s standard in the desert Southwest.

An investment in Puerto Vallarta property will enable you to enjoy the retirement you planned, without working harder, longer or lowering your expectations. If you’re ready to investigate the purchase of Puerto Vallarta property, please contact a Select Mexico Properties sales representative today.

Photo Credit: Joakim Buchwald

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