FYI: After writing about some of the reasons for the potential retirement crisis a few weeks ago I gave the standard prescription for the solution for most retirees — a combination of working longer, living on less, and reducing expectations for their retirement dreams.
Then I received an email from two of my retired readers, Edd and Cynthia, who took a different approach — they retired abroad. Like many others, they had a difficult time following the financial crisis with both work and their finances so they got creative with their retirement solution and moved to Ecuador where the cost of living is much lower.
Regards,
Ted
http://awealthofcommonsense.com/2017/09/an-alternative-solution-for-the-retirement-crisis/
