Planning to retire in Colombia

by Mark Ericson
(San Diego, CA)

Well this is an easy one for us. I married a girl from Cali, Colombia. I brought her to the U.S. in 2002. We have been living here for 8 years and have added a beautiful two year-old girl to the family. We both miss Colombia becasue it is so much more fun down there ( and much cheaper cost of living!!).


Now as to the retirement part of it. We are lucky becasue her family has a nice lot in a good neighborhood that we plan to build a nice little house on. As far as the construction, again we are lucky her Uncle is a builder so we will employ him and a number of workers...We figure $20,000 to $30,000 at the most which is about 60% of our savings.

I figure to get about $1,400 a month from social security in two years. I will supplement my income by teaching English which will probably bring in another $1,500 to $2,000 a month.

With that we expect to live very comfortably. We can't wait, I will keep everyone posted...

Mark....

Gary's note: This is not Ecuador but pretty close...you can get the idea

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Nov 16, 2010
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Social Security
by: Anonymous

Sorry Diane to get back soooo late.....but the social security is coming from retirement....they can deposit directly into your checking account , which you can very easily access with an ATM card in Colombia..

Hope that clarify's it...


mark

Jun 13, 2010
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Social Security
by: Anonymous

Retirement I guess!!

May 19, 2010
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Social security?
by: Daniele

Hi Mark,
just a question: where the 1400$ from social security are coming from?
Because of unemployment or other?

Thanks!
Daniele

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