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Total Comments: 28
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Are You Part of the Retirement Tsunami? Where Will You Retire?
Total Comments: 28
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| Close | Change | YTD | |
| G | $13.0603 | +0.0011 | +2.51% |
| F | $13.3491 | +0.0193 | +6.11% |
| C | $12.6306 | +0.0333 | +21.05% |
| S | $15.3811 | -0.0198 | +26.00% |
| I | $18.1586 | -0.0075 | +27.38% |
| Close | Change | YTD | |
| L 2040 | $15.0893 | +0.0135 | +20.82% |
| L 2030 | $14.9781 | +0.0125 | +18.66% |
| L 2020 | $14.9178 | +0.0112 | +16.01% |
| L 2010 | $15.0122 | +0.0068 | +8.53% |
| L Income | $13.7138 | +0.0056 | +7.27% |
November 7, 2009
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Another Factor to Consider when Picking Where
Dept of Labor
Wed Jun 24, 2009 10:06 AM
Post Reply
In all the articles FedSmith has published on this issue, there is one thing you have never mentioned. While it is something that only applies to a small percentage of your readers, it is something that should be considered by those effected. For those retiring Feds in Recovery, they should definitely look into the quality of the 12-step programs in the location they plan to retire. It is important for us to know if we have access to enough Alcoholics Anonymous or Narcotics Anonymous meetings and whether we feel comfortable in those particular meetings. My wife and I attended a few of the meetings before we bought the land where we plan to build. I have known a few AA members who moved back to the DC area because they didn't like the meetings where they moved in retirement. It was an expensive lesson for them, which we should try to avoid.
I apologize to all those not impacted by this who had to read this, but I felt I should share with those who are.
What Tsunami?
VHA
Wed Jun 24, 2009 10:39 AM
Post Reply
Another article on the "coming reitirement boom". I've been readng these for 10 years now. Oddly enough it never seems to happen. Why? Fewer people can afford to retire these days - too much house, too much credit card debt, too many "wants", too many kids or grandkids at home that have to be supported.
How about an article on why people aren't retiring? Might be an eye opener for younger workers.
Not With The Current Government
FAA
Wed Jun 24, 2009 1:31 PM
Post Reply
It is unwise for anyone to retire before they absolutely have to given the current government. Inflation is about ot heat up in a way never seen before in America. If you think you have enough money to retire, you're wrong.
The Obama election was the tipping point for America. We are a fast slide down the tubes. The next election is not going to make things "right again". The damage will be too much to correct and don't forget, there are still 69 million gullible people out there with the vote.
Re: Not With The Current Government
Federal
Thu Jun 25, 2009 9:39 AM
Stop using this newletter as a forum to dispense your partisan rhetoric!!!
Re: Not With The Current Government
dod agency
Thu Jun 25, 2009 9:46 AM
Re: Not With The Current Government
Retired
Thu Jun 25, 2009 12:54 PM
Re: Not With The Current Government
None
Mon Jul 20, 2009 10:23 AM
Now back to topic, I have been looking at Belize, South Africa and Panama as options. My husband and I intend to spend a season in each place before we make a final decision. Good Bless America.
Another Plan...
None
Wed Jun 24, 2009 2:41 PM
Post Reply
Some time ago I saw an interesting article about a retired couple that tried a variation in their living. They “downsized” to a condo/townhouse, and spent three months there, then three months living wherever – Paris, Rio, Tokyo – then back home for three months to reconnect – and another three months elsewhere. They used home exchanges and the like to minimize their costs, and said they enjoyed the reconnection with their home, as well as the opportunity to live as a temporary part of a community elsewhere.
OTOH, if one is looking to move out of country for a tax break…you’re making much more than the typical Fed retiree. And be careful of your state tax obligations – they will get nasty if you maintain a state drivers license, voters registration, kids in college, or own property and play any residency games. Never forget, the states set their own rules in these matters, not the Federal government.
Colombia South America
Corps of Engineers
Wed Jun 24, 2009 3:30 PM
Post Reply
My wife is from Barranquilla Colombia. A seaport of over two million. Climate is the same year round ninety days and eightys at night. Two hour flight from Miami. I plan to rent first either in Barranquilla or Cartagena to make sure I am comfortable in that location. Cost of living is about a third of US. Happy and industrious people that love us gringos.
Retirement?
DoD
Thu Jun 25, 2009 1:59 AM
Post Reply
Looks like ah will die with mah boots on some ole day. Good thing ah love muh job.
Overseas in Puerto Rico
VA
Thu Jun 25, 2009 7:29 AM
Post Reply
You use US currency and postal service, US law is in effect, lots of people lived many years in the US so English is understood by many everyday people, no passport required, some variety of weather can be had by choosing coastal vs mountain areas to live. Winter temps run 65-85 (night-day coastal) to 55-80 (night-day mountains). In 100 years they have measured 40 degrees only three times for a few hours; never lower. Coastal high temps in the 70s happen a handful of times due to clouds and rain. It can be noisy and it seems like retired kamikaze pilots do all the driver ed. Careful of the sun!