
sandykayak

Jul 28, 2003, 1:37 PM
Post #10 of 10
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Re: [miguelblanco1] FINALLY MADE MY DECISION
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Have just finished re-reading Blue's Midlife Mavericks book and one of the things that hit me in the face was someone's suggestion that before relocating you have to face, among other things, your "fears." I thought what my fears were, and could only come up with one: I am petrified of growing old in the US without megabucks. A friend of mine's mother has Alzheimer's. Sister is taking care of mom and my friend goes over twice a week to relieve her. They just checked on a "facility" for her and the cost is $5,000 a month. Other retirement options I've heard of go from $2,000 to $4,000 a month. The research I've done so far in MX comes up with an average of $1,000/month. And one of the "gals" in the book says she receives excellent care, trips to GDL etc. for what would cost 3 -4 times as much in the US, which pretty much jibes with what I've found out. When you're single (and expecting my kids to take care of me is cruel and unjust punishment...for all of us!), you don't have a spouse or SO to count on. You're IT...and have to make plans accordingly. I prefer to grow old in a country where they respect and care for their "senior citizens." And, obviously, my SS & pension will allow me to pay for care without having to "spend down." (Currently, if I'm not mistaken, you're not allowed to have more than $2,000 cash if you want to get into a government facility. And I've heard some hair-raising tales so that is my most dreaded option.) Without going into the dubious quality of the care, I heard of a lady who, after signing over her SS, was given $34 a month "spending money." I grew up in Venezuela and my mother is from Ecuador. Thanks to Chavez, Venezuela is going down the toilet. Que viva Mejico!!!!! Sandy Kramer Miami, Fla & El Parque
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