Boom in Retirement starting 2008 - Consider Mexico
Most don’t realize that beginning in January 2008, the first wave of baby boomers will begin to retire. This has an inevitable impact on the economies and development future of retirement destinations. Personal experience has educated me about the numerous factors that go into decision about where to retire. I for one think that places like Florida, and almost anywhere in America are poor economic choices for retirees who are facing increased medical and energy costs to name just two. Even with the dollar purchasing less against other currencies, the Dollar still buys a healthy number of Pesos. That, coupled with the relatively low cost of living in Mexico, makes it an ideal candidate as a place for the baby boomer generation to retire.