Puerto Vallarta, Jalisco, Mexico - Forbes Magazine recently published 10 Retirement Rules covering investment planning, lifestyle goals and retirement choices. Here is what made their top ten:
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2. Watch costs on your investments
3. Know what you own
4. Put retirement above college savings
5. Find your passions
6. Plan for a second career
7. Pay attention to your health
8. Practice retirement
9. Study when to take Social Security
10. Design a tax smart plan for income
Smart retirement planning also includes stretching your retirement income as far as possible, one of the many reasons why retirement in Mexico is such a popular option for foreigners. With a cost of living that is 50% to 70% less than in the USA and Canada, and the added benefits of excellent health care and a wonderful climate, it's easy to understand why purchasing a retirement home in Mexico is so appealing.
You can start planning for retirement living in Mexico with MEXLend, where we can help you explore options to purchase a second home in Mexico. Purchasing well before your retirement years means you enjoy your property in Mexico as a vacation home and offset costs by listing it as rental property. Talk to MEXLend about planning your dream retirement in Mexico now.
Click here to read the full Forbes article.
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To learn more about MEXlend, click HERE.