Retirement, so you think you are ready or close to the magic age. Be prepared. Make sure you haven't any bills to pay out, like a car or house payments. Do you have your second insurance to cover you and your spouse when you see a doctor, or be rushed to the hospital? Medicare will take out $96.50 per month from your S.S. check. Even without car or house payments, you still have to pay for water, gas, and/or an electric bill. Also, you have to maintain your car. You will need to buy a health coverage for your medications.
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Practice having free or cheap fun. Join the Y. Shop at thrift stores, buy reduced or on sale groceries. Take vacations off season, learn to do more repairs yourself.
Move to Mexico. It's on the top ten list of best places in the world to retire and you won't need a zillion dollars to have a great life. Not only does the country offer cheap medical care, you can afford to live well on on a limited income such as a pension. So much better than you can in the US and Canada it makes the move not just worthwhile, but an opportunity to improve your life. It's a gorgeous country with a wonderful culture and most welcoming people. But get well south of Mexico City for the best that Mexico has to offer.
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