3 Ways Retiring in Costa Rica can Improve Baby Boomers Living Standard

Millions of Baby Boomers are due to retire over the next few years and we are concerned with maintaining our standard of living retiring in the United States so we are considering living abroad, but close to home by Retiring in Costa Rica.

We are living longer, we have not saved enough, we have reduced government support and we are looking at soaring medical and insurance costs.

So what can Baby Boomers do to maintain our standard of living?

The answer lies just 3 hours from the US. 

Baby Boomers can retire to Costa Rica and not just make ends meet, but improve our standard of living while still living close to home.

3 ways Retiring in Costa Rica can give Baby Boomers a huge advantages in cost and lifestyle:

1. Cost of Living is less in Costa Rica

One of the main reasons Baby Boomers first want to retire to Costa Rica is the cost. Consider this fact you can spend up to 100,000 retiring in Florida but of you can retire in Costa Rica with the same lifestyle with costs of around a 10th of that!

When we retire to Costa Rica we pay no income taxes on foreign earned income and no capital gains taxes. We also have access to world-class medical facilities and affordable medical insurance plans.

Property in Costa Rica is up to 50% cheaper and property tax is just 0.25%.

Fact: Retiring Baby Boomers simply get more for our money and those social security checks go a lot further when we retire to Costa Rica.

Another Baby Boomer Article:
Baby Boomers are Attracted to Costa Rica Cost of Living

2. You feel right at home in Costa Rica

American Baby Boomers feel right at home retiring in Costa Rica because we can't help bumping into other Baby Boomer Americans since there are over 20,000 of us now living in Costa Rica permanently and its increasing every year. They have the same cultural background and they are just waiting to be our new friends.

Some Baby Boomers like to blend in with the local culture on our retirement while others don't. When we retire in Costa Rica we can choose which you want to do.

Another Baby Boomer Article:
Where American Baby Boomers Make Friends Living in Costa Rica

3. Plenty to do in Costa Rica and relazing too

Costa Rica is a beautiful, nearly crime free country with great outdoor activities, entertainment and night life. In fact it is considered one of the top adventure tourism destinations in the world. Baby Boomers can choose to enjoy stunning beaches, rainforest, rolling hills, volcanoes and the Pacific and Caribbean. We can choose from a variety of activities such as rafting, snorkeling, kayaking, sport fishing, golfing, hiking, swinning and lots more.

Another Baby Boomer Article:
Retiring Baby Boomers are Keeping Busy in Costa Rica

Bottom Line: If you have ever thought about retiring abroad and paradise is on your list of considerations, then Costa Rica is a very good place to start. It's close home and you will feel right at home too. Costa Rica offers a high standard of living for a lot less and there is plenty to do in our retirement years.

JUST FOR BABY BOOMERS: Share your experiences, remembrances and opinions about "3 Ways Retiring in Costa Rica can Improve Baby Boomers Standard of Living" with other Baby Boomers on our "Baby Boomer Forum"

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