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A couple in retirement. (iStockphoto)
A couple in retirement. (iStockphoto)

Book Excerpt

Choosing the right place to retire overseas Add to ...

Excerpted with permission of the publisher, Wiley, from The International Living Guide to Retiring Overseas on a Budget: How to Live Well on $25,000 a Year by Suzan Haskins and Dan Prescher. Copyright (c) 2014 by International Living Publishing Ltd. All rights reserved. This book is available at all bookstores and online booksellers.

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You can study all the collected data, analyze real estate statistics, crunch the cost-of-living numbers, study weather patterns and more, but nothing surpasses your gut instinct when it comes to choosing a place to live.

And believe us, your gut can change — especially as you get older.

Your needs and interests expand right along with your waistline.

For instance, back in 1997, when we were just married and first started thinking about living overseas, we pored over every International Living e-mail and magazine. We compared and contrasted, planned and dreamed... Certain we would live in an exotic tropical destination, we wanted it to be relatively close to family and friends back home in the States, who promised to visit often.

Cost of living was important, of course, as it still is. But far more important to us today is convenient access to quality (and yes, affordable) medical care. Over a decade ago — when we were in our mid-forties — we didn't think much about that.

Instead, we were all about sunshine, warm weather, and beach bars where we could while away the hours watching the sun set over the surf, digging our toes in the sand and hoisting a cold one. This is how we spent our vacations, after all.

But as the old adage goes, life is what happens when you're busy making plans. And life isn't a constant vacation. So except for half a year spent high on a hill above San Juan del Sur, Nicaragua, which came with a forever view of the Pacific Ocean, we never have lived at the beach. And we probably never will.

Why? For one thing, while those little beach bars can be perfectly charming for a day to two, they'd never keep us mentally engaged much longer than that. And no matter how tasty those cold ones are, can you imagine how much more our waistlines might expand if downing them were our only pastime?

And then there's the sand that gets in every crevice. And mosquitoes. And neither of us can tolerate heat and humidity for long stretches of time. A week of fun in the sun is one thing — and we still love our beach vacations, for sure — but we've grown to love the warm days and cool nights of equatorial mountain climates.

Long-term happiness for us means living in a city or town where there is plenty to keep us busy and where the climate is more suitable to our maturing lifestyle. (It helps our self-esteem, of course, that in the mountains we can eschew skimpy bathing togs for jeans and T-shirts that better hide those ever-growing waistlines.)

In hindsight, too, we've learned that once you get settled in, many of the things that you thought would matter greatly don't matter nearly as much as you thought they would. Sure, it's a great bonus that in Ecuador, where we live, our monthly utility bills — water, gas, and electric — rarely amount to much more than $30 total. And that's spring, summer, fall, or winter. And we love that for little more than $2 each we can take the bus two hours south to Quito or buy a hearty, full meal… including beverage.

We've settled in with good medical service providers. We now have doctors, dentists, pharmacists — and one excellent health insurance advisor — who know all about our physical status, issues, and quirks.

And that brings us to the single issue that matters the most when choosing a place to put down roots: community.

Having lived in seven different communities in four foreign countries, we have some expertise in this. More than scenery or weather or cost of living or anything else, the game changer that most affects the success of your move overseas is the friendships you make.

Fortunately, it's easy to make friends when you're an expat. You can't help but stand out, after all. The locals will be curious about you and ask you all sorts of questions. (Show them photos and explain why you're there. A photo of your U.S. home buried under an avalanche of snow is a great icebreaker . . . pun intended.)

And you'll have loads in common with your kindred fellow expats — despite your apparent differences.

Would-be political foes back home become fast friends over- seas. Same for those of different age groups or economic statuses. In an expat community, you're all in the same boat. You learn from one another, depend on one another, and more than anything, you tolerate uniqueness and respect one another for the decision you made to try out expat life.

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