Planning for Retirement in Mexico
ฝัง
- เผยแพร่เมื่อ 21 ต.ค. 2024
- We are far from retired, but with our daughter heading to college next year, it is time to start thinking more about long-term plans. In this video, we discuss a variety of topics from our trips to Mexico and summarize our thoughts about retiring in Mexico that may help others who are also in the long-term planning process. Just to specific topic as needed:
00:25 Unraveling your current life
01:39 Why retire in Mexico
05:22 Personal Items and Getting Rid of things
08:57 Finances
12:56 Renting vs. Buying a Home
15:23 Family
17:09 Taxes
18:58 Health
21:50 Health Insurance
24:06 Purpose & Giving Back
2:15 Location
26:49 Legal, Trusts, Residency, & Citizenship
33:54 Aging in Mexico
36:58 Embracing the culture of Mexico
40:44 Q&A with Eddie
Eddie’s Hair Salon & Barber Shop: / eddieshairsalonpv
Nestor for Mexico Gov’t filings: / nestor.estradacastaneda
Thanks for sharing!
Thank You. Very informative. But with new knees Right 2 yrs ago , Left Jan 30 I think I'll avoid cobblestone streets as much as possible. So I'm thinking go bother Brighton in La Paz area. However I think we will need to visit it in the summer to find out what temp. we Canadians melt at. Keep those videos coming and How is Dad ?
Dad is doing well, but still recovering a bit. Definitely go hassle Brighton for us… He is a great guy!
@@LivingSimplyinMexico 10/4. Tell your Dad to get better NOW.
@@davebaker489 Will do!
amazing video thanks for all the great info, My husband I will be retiring and moving to PV in January 2025.
Thanks for the comment! Congrats on your upcoming retirement! 🤗
Great video as always…PV is my #1 retirement location. Still working towards it.
You are lucky to have bought ina posher neighborhood...I am really rethinking returning to PV ...due to rental costs...I also felt digital nomads..really bring up costs .as lucky them ...they have the best of both worlds..... .I agree you need to be mobile to be in PV...or plan to get fit..all the best
Thank you both. I very much appreciate all the info. PV is on my radar for the future. Do you have a realtor for home (not condo) buying, with whom you have had a good experience? Gringo Gulch area is one area I like. I'm into authentic Mexican, no modern. 😊 TY
Do check out David, he’s been great for us: th-cam.com/video/myCrqW7Pu3E/w-d-xo.htmlsi=_WusZHHhEp3YParu
@@LivingSimplyinMexico Thank you; I will. I hope Francis is doing well!
@@queserasera1674 He is… not 100% but he did travel to Australia & back with no problem. 🤗
And roosters too!🙄
Great video, I’ve had these concern’s. I’ve heard that furniture is very expensive down there. Is there any problem with bringing your own into Mexico?
You can, but be very selective what you bring to fit the environment. ❤️
Have you ever lived here? Are you renting or buying? Do you know where you are planning to live? Is it for a short time or for a long term? Have you gotten any estimates on the what it would cost you to ship things down here along with their possible import fees? How much is the stuff you want to bring honestly worth? Do you have a Permanent Residence Visa or a Temporary Resident Visa? With a P.R. Visa you would have to pay an import fee for your car that may not be worth it and sell it instead. With a T.R. Visa you can drive your foreign plated vehicle down here for up to four years and pack it with just the essentials and sell or give away everything else. You could even buy a trailer to bring more stuff down if you really wanted to. Me? I gave away or sold most of my stuff and just packed my car with the things I wanted to keep. Only you can figure out the cost/benefit. So what if you have have to pay a few bucks more for some new custom made furniture. You might need some new stuff anyway. BTW- You can get some really nice furniture here for a good price that will fit in with your new lifestyle. I recently bought a beautiful natural finished hand made wooden slab dining room table with burl wood legs for less than $400us. In the US it would have cost easily two to three times that much! For a few thousand dollars you can get enough new furniture for smaller home and avoid the headaches and pitfalls of trying to bring a bunch of stuff down with you. Buena suerte!
🙏🙏🙏❤️
Hola, what kind of work do you two do, and is it easy to balance work between Mexico and the USA?
Ada has her own wellness business both brick and mortar and online. I (Stefan) am a consultant which allows for some flexibility. We have a daughter just graduation High School & with work this keeps us in the US, but the work also allows us to come down often. It took a bit of time to work in places where others vacation, but we’ve got it handled. 🤗
@@LivingSimplyinMexico good to hear you guys are making it work. I know a lot of tech workers can easily do this, are you in the tech/software industry, or some other vertical?
@@sfrentals4769 business consulting primarily… lots of meetings!
Any ideas about remote jobs? I would like to work for US company but living in Mexico . Great video Thsnk you! ( speak Spanish also)
@@Geor197 Consider looking at normal job boards that are 100% remote in your area of expertise. You may also simply start your own business online - plenty of options based on your unique interests!
What's with all the dogs barking down in Mexico at seems very annoying like they don't take care of their dogs. I don't understand this.
Noise is part of Mexico… and when the noise happens, the dogs follow!
I just love all your videos! I have learned so much about PVR! Love you guys 🥰
Thanks for the comment. That is what keeps us going! ❤️
Great video! You had informative content as well as personal thoughts so it is well-rounded and well done!
Thanks Cindy!
Thank you for your perspective. A lot of good information.
We have been going to Merida for a few years and will be moving there. Yes we know it’s hot there 😆
We do plan on buying a house and we know the areas we like.
Thank you for the video.
Thanks for the comments! Enjoy your move!