With the economy in North America lagging and the average age of retirement on the rise, 20 or 30-somethings might be fed up with going to work every day in dead end jobs that they are overqualified for and under-stimulated in.
If only it were possible to retire at 30, right? Well, it might be possible – if you are willing to relocate. There are some places in the world that encourage people to come and retire – and they aren’t necessarily concerned about your age. With plenty of research, an open mind, a few skills that are necessary to have on unfamiliar turf, it could be possible.
This plan becomes even more reasonable if you leave no debt in your home country behind. Having a comfortable savings account to draw upon is also a good idea. If you don’t mind holding a side job or two such as teaching English, owning a small business or working from a distance to supplement your savings, this makes it even more realistic to “retire” abroad at an early age.
Of course, knowing a foreign language and saying goodbye to a couple of comforts of home to live in a new culture is a must. You may also have to give up having a car, designer wardrobe and the latest electronic gadgets, because these luxuries aren’t always easily accessible in every country. On the flip side, many of these “retirement” locations have unspoiled natural beaches and landscapes, fascinating culture and all of the fresh food you can eat. And with no daily grind, you will have the time to enjoy it. Here are a few places in the world where the grass might actually be a little bit greener and “retirement” might come a little bit sooner.
4 Costa Rica
Although it is a slightly costlier country to move to than some others in Latin America, Argentina also comes with more comforts of home: it is well developed, has fine dining, European-style cafes, lots of shopping, and many who can speak English in the larger cities. The quality and affordability of health care is a major perk of the country. Living expenses and transportation in cities is very affordable, with large, modern apartments with antique charm costing a fraction of what a comparable apartment in North America or Europe would cost. Argentina is a large country that offers diverse geography, with beaches on the Atlantic ocean, tropical climates and a desert in the north of the country and cool ski resorts and forested lake districts in the southern part of the country.
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