I was a Certified Financial Planner who decided at 54 to give up making oodles of money and the stress that was killing me managing money for 80 families.
My husband & I bought a 100 acre ranch on the beach in Mexico near Puerto Vallarta. I have a happy herd of goats and have been making cheese, growing food and learning Spanish. I love my life, especially here where every dollar is worth about 5 X what it buys up north.
We primarily use rental income from two properties with no mortgages, we have no debt. I chose to take SS at 62 as I was no longer working and my break even was late 70s when I won’t need as much and can draw from 2 annuities. I also don’t trust the government with my hard earned SS given their track record. My husband and I have roughly 1 mil in retirement savings.
As expats we are not subject to state & local income tax. We chose a simple life after tiring of the “wash-rinse-repeat” way we were living in Maine. Plus I hate the cold!
Happy to lend an ear and give input where desired.
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
Welcome to the forum. Look forward to hearing about your experiences as a expat farmer. Interesting as a FA that you took SS early and that you own annuities. Those topics come up a lot. I’ll look for your input.
Again, welcome!
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,298
Welcome HunterAdvisor. I see you joined the forum 6 years ago. Looking forward to your posts about life in Mexico. We considered Lake Chapala for awhile for retirement, but chose Florida.