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Old 23rd May 2008, 03:35 AM
nurseypoo5 nurseypoo5 is offline
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Default someone help :) thinking of retireing in Mexico..lots of ???

Hi all

I'm a 43 yr old RN and hubbys a 42 yr old paramedic living in Fort Worth, TX. I want to retire when im 55 (or sooner). My husband and I will probably have 1.5 million at that age. I want to live on CD interest only (safe). Can we buy a very nice home preferably with a small pool somewhere like Chapala Lake, have a pool guy and a housekeeper 3 times a week, basically live very comfortably on 80,000 per year? (we'd keep an RV or 5th wheel in texas for trips back home) and can pay cash for a 225,000 or so house in Mexico (im suprised at the home prices in Mexico by the way, they are somewhat more $ than in Texas! but the taxes are way cheap in mex.)

I'd have to factor in airfare to and from texas with the occassional airfare to cruise ports (a passion), i figure about 12 round trip airlines per year, mostly to DFW.

We like to travel, so is there something special to be done when traveling overseas by air? Does us passport work? How can we get to live in Mexico without just a temporary visa (we want to own a home there)

Basically, its been soemthing my hubby and I have thought about for a year now, and i want to have a plan. Anything you can tell me would be helpful!

I know i want to keep most of our money, if not all of it, in America in CD's with a yearly interest payment to fund our living expenses.

I know i have a lot of questions and some are probably redundant to you all i just want to thank you in advance for your help!!!!!
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