E83: Retiring Abroad vs USA: Insights from Portugal, Panama & Arizona

What this episode covers

Clyde and Terry Coles share their journey of choosing Portugal as their retirement destination. They initially considered Panama but found the cost of living and healthcare to be more affordable in Portugal. They have been living in Portugal for six years and have found the healthcare system to be excellent, with affordable insurance that covers pre-existing conditions. They also discuss the cost of living, including rent, utilities, and other expenses. They emphasize the importance of finding a good landlord and taking safety precautions against petty crime. Portugal is ranked as one of the safest countries in the world. The conversation in this part focuses on the safety and security aspects of living in different countries. The speakers share their experiences in Mexico, Costa Rica, Belize, and Portugal. They discuss incidents of theft and crime in some places and the differences in safety measures. They also touch on the topic of healthcare and elder care in their respective countries. The conversation concludes with a discussion on hobbies and entertainment options in retirement communities. In this conversation, the participants discuss their daily lives and activities as expats in different countries. They talk about their hobbies, social lives, and the various opportunities for entertainment and recreation in their respective locations. They also touch on the importance of adapting to the local culture and infrastructure, as well as the benefits of living abroad. The conversation concludes with the participants sharing their contact information and encouraging others to say yes to new experiences.