... as compared to anywhere else.
I was reading this articlewith amusement, as two Central American locations are mentioned as great retirement places. The truth is back home the population of immigrants -semi permanent residents, floating surfers, self employed business people- from the US is staggering, most young/middle aged. Retirees? Where?
Anyways, they mention the conditions that make Malaysia a great place to retire. What is your knee-jerk reaction? (maybe as mine):
Compare, say, Panama:
I was calculating that I may legally retire from my job like in 2038 -if I'm still around and this island is too. My retirement plan back home want kaput with the financial tsunami -literally, they sent a letter saying your savings are gone, period- and the one here in Taiwan was acquired by a local financial company and sort of "reorganized"... meaning basically I've lost what little faith I had in formal investments and plans and mutuals and whatevers.
So, aside from making sure I buy a home in a building with an elevator -I do not like first floors- and keeping my insurance up to speed -rooms in hospitals here start at 5K after NHI care runs out-, I foresee little can be done to make retirement here on The Island more comfortable. Ironically, costs back home are skyrocketing due to "retirees" from abroad, US, UK mainly, practically the same to buy a home here or there, and I am too old already to find a job home. Hence, stuck here for the duration. Anyone joining me? Old atoga geezers in Taiwan, unite! Aside from a few priests and nuns, I know no one who's retiring here.