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Home Retirement/Living

Live Well And Pay Less, Retire In Ecuador

Kathleen Peddicord by Kathleen Peddicord
Jul 01, 2013
in Retirement/Living
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The #1 Choice For Retiring Well On A Budget

The CBS reporter who interviewed me last week for his article on Americans retiring overseas got to the heart of things straightaway:

“Is it really possible for an American to reduce his cost of living by retiring overseas and still retire well?” he asked.

Yes, it is, I explained.

The number-one choice right now for retiring well on a budget is Ecuador.

It’s been several years since I’ve spent time in Ecuador, so I’m no real expert at this point. Fortunately, I know someone who is. Our Latin America Correspondent Lee Harrison, in fact, qualifies as the Ecuador expert. Lee and his wife retired to Cuenca more than a decade ago.

As Lee explains it, “Ecuador saved my retirement. Julie and I never could have afforded to retire when we did if we’d continued living in the United States. We both decided to take early retirement, at the age of 49. We wanted an adventure. We wanted to reinvent our lifestyle. But we didn’t have the retirement nest egg to support us through what likely would be decades of retirement. We knew we’d have to make a change, and we embraced the idea. Very fortunate for us, we discovered Ecuador…”

With Lee’s help, we have been working for the past couple of months to put together an all-new Live and Invest in Ecuador Conference program that will feature Lee (of course), but, as well, all his top personal contacts and resources in this country–all the experts, advisors, expats, and friends who have helped to make Lee and Julie’s long experiences in Ecuador as successful and fulfilling as they have been.

Lee is helping to design the program, which we hope to be able to detail for you within the next two weeks. We’ve yet to set the dates, but I can tell you that this important Ecuador event will take place in October.

If you’re worried about how you’re ever going to be able to afford to retire, this is the answer. Ecuador offers a great diversity of appealing options for a rich, full, comfortable retirement, from Quito to Cuenca, from Vilcabamba to Otavalo…and beyond. Options that could be yours even if your retirement budget is very small (as little as US$700 per month).

With the help of Lee and his resources from across this beautiful country, we’ll show you all your top Ecuador retirement choices when we convene in Quito next October.

Kathleen Peddicord

Tags: 'Lee Harrison'Affordable Retirementcheapest places to retireLive And Invest In Ecuador Conferenceretire to Ecuador
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

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