ecoolcubes.com ecoolcubes.com
   Index Page :: About Us :: Security & Privacy :: Terms & Conditions :: Add Url :: Add Your Article
Search:   
Add Url
 

News & Media

Fashion & Relationships

Eating & Drinking

Medical Care

Jobs & Employment

Travel & Accommodation

Home Family & Garden

Adventure & Sports

Politics & Government

Academics & Learning

Research & Science

Society & Communities

Children

Computers & Networking

Entertainment

Malls & Shopping

Banking & Finance

Automobiles

Business & Commerce

Health & Hygiene

Property & Agents

Self Enhancement

Online & Board Games

Art & Culture

 

Index Page › Banking & Finance › Investment
 

Close to Retirement & Saved Less than $1 Million? Then Consider This

 

Author: Sacha Tarkovsky

Because its a fact that most Americans have not saved enough and face a huge huge drop in standards of living when they retire.

Were living longer, state support is going down medical costs going up and thats without inflation!

Lets look at the alarming reality for many baby boomers and those close to retirement and ways to get around a poential poverty trap.

How much do you need to retire comfortably?

Only 1% of US households aged 60-70 have $1 million or more in assets excluding than their home. $1M today lasts less than 20 years assuming a rate of return of 7% inflation of 3% and annual withdrawals of $75K.

Now dont forget were living a lot longer now and most people retiring n0ow will live to 90 and many close to a 100!

Lets do the same calculation onus $500,000 which is realistic for many Americans

With this amount invested in secure interest rate investments returning 4-5% you would only mean $25,000 per year to live on.

Ways to make up the retirement shortfall

Record numbers of Americans are now looking at Costa Rica for a solution to shortfalls in investment. There looking at it from the point of view of investing and retiring. Its safe and just 3 hours away lets look at some options.

1. Investing with low risk & high rewards

If your close to retirement and want to boost your investments returns then you can get big gains and low risk by buying property here.

Property costs up to 70% less in Cost Rica than on the US coast and can provide huge returns. This market is seeing savvy investors double their money in one or two years and investment is at record levels.

Prices have in fact been increasing over the last few years rapidly with no real downside risk

If you buy a property you get an appreciating asset and rental income from the booming rental market as well as the chance to enjoy it yourself!

2. Living In Costa Rica

Many people who invest in Cost Rica property do so just to get huge returns with low risk. However, more and more people (record numbers) are moving to Costa Rica, after firstly just investing here.

Why? The lifestyle is excellent and it comes at affordable cost.

$25,000 in the US Wont go far but you can live well in Costa Rica on this amount, in fact very well.

Its a beautiful country, its relaxed and friendly, and its only 3 hours from the US and yet has something for everyone.

Nightlife, rainforest tours, fishing to golf or just lazing on the beach, Costa Rica has it all.

Why struggle, when you can live in paradise there your Golden years and you should enjoy them.

If you are looking at Costa Rica to invest in and get high returns and low risk or you are looking at it from the longer perspective of living in the country.

You will be joining record numbers of Americans who are doing the same.

You may not have considered the above but the facts are compelling and worth further investigation.

Author Bio:
Sacha Tarkovsky is a notable scripter. Sacha likes to pen down articles about this field.
You can also reach this article by using: real estate investment, real estate finance and investment, best money investment
 
 
 

Related Articles

 
Uncovering, Flexible Rate Mortgages!
 
How to Live Without Working?
 
Identity Theft - Don't Think You Are Immune
 
Reverse Mortgage Information - Who Qualifies For Reverse Mortgages
 
Minimize your Risk for Identity Theft
 
Prescription Drug Coverage
 
Is Your Home-Business Insured?
 
Credit Card Phishing Scams
 
Test If You Will Become The Richest Person In World
 
Health Savings Accounts (HSAs) Mean Big Tax Savings
 
 
 
 

Different Types of Car Loans

There are certainly a lot of different types of car loans being offered - John Mussi
 

Upgrading Your Financial Standing Through Refinancing After Bankruptcy

When you think that your finances will no longer withstand due to bankruptcy you have the option of ... - Dean Shainin
 

Chapter 7 Bankruptcy Qualification

Filing for bankruptcy has become the only relief for thousands of people who are experiencing massiv ... - Damian Sofsian
 
 

Set Yourself Free from Financial Stresses: Avail a Debt Consolidation Loan

With a significant increase in urbanization, our social setup is witnessing an inevitable transforma ... - Pranav Das
 

Bad Credit Car Loans - Getting The Best Car Loan When You Have Bad Credit

Many companies offer and provide simple, non-threatening car loans for first time buyers, people wit ... - Dean Shainin
 

Investing and the Fear of Regret and Greed

People tend to feel sorrow and grief after having made an error in judgement. Investors deciding whe ... - Ioannis - Evangelos Haramis
 

Go For Instant Personal Loans For Personal Needs

Instant personal loans furnishes to your quick and unexpected need of funds. When you need fast mone ... - Andrew Baker
 

Debt Management: Manage Finance, Manage Life

Whatever be the method of debt management adopted, it must be effective towards debts. The ultimate ... - Scarlette Riley
 
 
   Index Page :: Security & Privacy :: Terms & Conditions
© 2006 www.ecoolcubes.com - All Rights Reserved