Is Mexico The World’s Best Place To Retire?

Terry and Jon Turrell dreamed of retiring early.

Terry was a traveling pharmacist in southern Oregon. When other pharmacists were sick or on vacation, Terry stepped in.

Jon was a builder. They worked hard, maxed out their IRA contributions and bought investment real estate. The couple decided to buy land and build a home that they could sell.

With Jon’s experience as a builder, they figured they could sell the property at a profit.

The strategy worked, so they kept doing it. “We built dozens of homes and condos on speculation over a period of 15 years that we sold at a good profit,” says Jon. ” We decided to develop a six lot sub-division and build the first two homes on spec.”

That’s when disaster struck. 

Read the rest of the story here.


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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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1 Response

  1. Jens says:

    Hi Andrew,

    What is a good resource to find good international health insurance for a country-hopping life style?

    Kind regards,
    Jens


  2. bookatel - search hundreds of travel sites instantly

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