Remember ME - You Me and Dementia

January 31, 2007

USA: Work, Play Make Golden Years Happy Time

Eric Hoffman, left, and wife Susan Mintz have gone as far as buying a house in Mexico as part of their plan to retire there. Presently, they spend most of their time in their Oakland, California (D. Ross Cameron/The Oakland Tribune) OAKLAND, California (The Oakland Tribune), January 30, 2007: EVER DREAMED about doing something really different in retirement?

We're talking really different, such as moving to Costa Rica or Mexico, or buying a few acres of land and raising your own vegetables? Or hitting the road in a modest RV and looking for adventure in the wide-open spaces?

Forget for a moment about those nagging personal-finance experts who think your nest egg doesn't measure up and believe $100,000 in savings is chump change.

Why not fantasize a little?

When it comes time to retire, you may find it's not a fantasy at all. A number of retirees find that living their dream is possible by combining a little bit of work with their play, and experts say the Internet has made it possible for people to maintain careers while living in another country or even while on the road.

"Dreaming about retiring to another country or a small farm is one thing and doing it is another," admits Greg Daugherty, an editor at large for Consumer Reports magazine who focuses on retirement planning. "But there could be a chance to do something really different, even if it's just the next phase of your life."

Oakland's Susan Mintz and her husband, Eric Hoffman, decided they were going to retire in Mexico after nearly 10 years of taking regular trips to San Miguel de Allende in Guanajuato, Mexico.

They built a house for $150,000 and now travel back and forth between Mexico and their Oakland home.

A new grandchild has delayed permanent retirement south of the border, but the couple love it when they go.

"In Mexico, your troubles just fade away," said Mintz, 65, a former teacher who said the couple spend a half a year or more in Mexico and the rest of the year in Oakland.

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