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#276751 - 04/14/08 04:17 PM Retire like royalty in a low-cost paradise  
Joined: Apr 2000
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SP Daily Offline
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SP Daily  Offline
"Louisiana banker Tom Vidrine, for example, fell in love with Belize on his first trip to the Central American country in 1990. He bought a vacation home and spent the next seven years saving money so that he could retire in 1997 at the ripe old age of 45. He says an American can live a comfortable life on one of Belize's many tropical islands for $2,000 a month, or half of that on the mainland.
"My only regret," said Vidrine, "is that I did not come sooner."
http://articles.moneycentral.msn.co...RetireLikeRoyaltyInaLowCostParadise.aspx

#276753 - 04/14/08 04:44 PM Re: Retire like royalty in a low-cost paradise [Re: SP Daily]  
Joined: Oct 2001
Posts: 5,589
Diane Campbell Offline
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Diane Campbell  Offline
Ummmmmmmmm......... read the first paragraph of this article. Methinks it's out of date, unfortunately.

#276754 - 04/14/08 05:02 PM Re: Retire like royalty in a low-cost paradise [Re: Diane Campbell]  
Joined: Apr 2000
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SP Daily Offline
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SP Daily  Offline
??The statement about the stock market??

#276758 - 04/14/08 05:31 PM Re: Retire like royalty in a low-cost paradise [Re: SP Daily]  
Joined: Mar 2005
Posts: 1,971
2MILESNORTHOFCUT Offline
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2MILESNORTHOFCUT  Offline
$2000.00 a month Maybe in 1997, But 2008? Comfortably? In San Pedro? I don't think someone would be very comfortable while paying 1200.00 to 1500.00 (US) for rent as I read in the classified sections of the local news papers. Unless you out-rite own a home, condo etc. It does not seem like it would be a "Comfortable Retirement". (IMHO)

#276761 - 04/14/08 05:46 PM Re: Retire like royalty in a low-cost paradise [Re: 2MILESNORTHOFCUT]  
Joined: Apr 2000
Posts: 8,868
SP Daily Offline
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SP Daily  Offline
This presumes that a retiree would own his/her home...thus $2,000 is plenty.

#276791 - 04/14/08 06:45 PM Re: Retire like royalty in a low-cost paradise [Re: SP Daily]  
Joined: Feb 2002
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sweetjane Offline
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sweetjane  Offline
it says he bought the home in 1990, then saved for 7 yrs till he could move there in '97.

#276841 - 04/15/08 07:24 AM Re: Retire like royalty in a low-cost paradise [Re: sweetjane]  
Joined: Oct 2001
Posts: 5,589
Diane Campbell Offline
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Diane Campbell  Offline
Yea, the stock market --- this article has to be several months out of date. But for sure a person can live on $2,000 US a month if they own a home.

#276844 - 04/15/08 07:49 AM Re: Retire like royalty in a low-cost paradise [Re: Diane Campbell]  
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Cooper Offline
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Cooper  Offline
We live comfortably on Caye caulker for $1.000.. a month. Own our home..run a business,own and maintain a boat. enjoy nights out..travel..just came back from 4 days in Bacalar Lagoon MX, what a beautiful lake. True San Pedro is much more expensive.and there are months we spend more..but not many!!!


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