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Why Ecuador Retirement


Why take retirement in Ecuador?

For many it is the low cost of Ecuador living that makes retirement there attractive.

For others Ecuador retirement is attractive due to the low entry cost of good income producing businesses.

Ecuador retirement can be enhanced by owning an agricultural business.  This is a tomato farm for sale in Ecuador.

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This property offered at $130,000 includes a house.

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We are told that this farm generates $25,000 a year of income… an excellent addition to one’s Ecuador retirement plan.

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I believe this farm is under offer… but there are other farms ideal for Ecuador retirement like the one below.

Retirement and farming go well together for many… Ecuador retirement or retirement at home.

Merri and I are lucky having a farm in Ecuador and the US.

Excerpts from a recent article in USA Today entitled  “For Boomers, recession is redefining retirement” by Christine Dugas, shows why Ecuador retirement and farm retirement plans will grow.

The 77 million Americans in the Baby Boom generation face an economic storm: The Wall Street meltdown trampled their retirement nest eggs more than any other group. After losing jobs during what they thought would be some of their peak earning years, many are struggling to get back into the workforce. Health care costs are rising, and declining home values mean they might not be able to count on home equity to guarantee an easier retirement.

SAVE EARLY: Tips for building a solid retirement plan

“This generation will be sobered by their experience,” says John Coyne, president of Brinker Capital, an investment management firm. “They may not have as extravagant a vision of retirement as they did last July.”

The reality is sinking in: Baby Boomers, born from 1946 to 1964, are planning to work longer, save more money and spend less, to reach any semblance of the retirement they once envisioned. According to AARP:

•35% of those ages 45 to 54 have stopped putting money into their 401(k), IRA or other retirement accounts.

•25% said they have prematurely withdrawn funds from their retirement accounts.

•56% have postponed a major purchase.

•24% have postponed plans to retire.

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Middle-class Boomers have few options for improving their retirement goals. If they maintain their current standard of living and don’t cut costs, three out of five will outlive their financial assets in retirement, according to a new report from Americans for Secure Retirement, a coalition of more than 40 organization.

Our last real estate tour looked at a number of new properties including an Ecuador Avocado farm. Here is the entrance to the avocado farm.

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the main  house.

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Here, in front of the houses, is the fruit… the cash generator.

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We are told they will offer a $50,000 a year income after two years… $25,000 potential this year.

Learn more about the Avocado farm and see a recipe for Avocado Naranjilla Muffins at Retire in Ecuador Idea

Farming and retirement in Ecuador or anywhere can be fun and healthy… better than a La-Z- Boy recliner for sure.

Excerpts from an October 2007  Time magazine article “Back Home on the Hobby Farm” by Dan Kadlec says: When he was a child, Walker Miller would pick berries and bring them to his mother, who baked “the best blueberry pie you ever ate,” he recalls. Today, Miller, 66, a retired Clemson University plant pathologist, has found a way to return to a bit of that past: he owns a 9-acre (3.6 hectares) pick-your-own farm in rural South Carolina, which he named the Happy Berry. At least some of the local children who pick blueberries for their mothers today pick them from Miller’s fields. This pleases him–as does the simple hard work the place requires. “I enjoy being outside,” he says. “I enjoy sweating.”

Miller and his wife Ann (who still works for Clemson) are among the tens of thousands of recent retirees finding meaning and fun back on the farm. Their tiny operation also happens to generate half their annual income. But others are raising cattle or seeding small plots with no regard for revenue. These gentlemen–and gentlewomen–farmers are drawn to the country by a love of nature, affordable real estate and, in some cases, Internet connections that allow them to keep working as lawyers, writers and consultants.

The number of farms in the U.S. has been shrinking for seven decades. But the rise of “lifestyle,” or hobby, farms–typically about 30 acres (12 hectares) that produce little or no income–promises to halt the decline, say officials at the U.S. Department of Agriculture. Largely because of hobby farms, whose numbers are growing 2% a year and now account for about half of all farms, the population of rural counties is up 12% since 1990–the first gain in such areas since the Depression.

“Many of these people are businessmen or bankers,” says Karen Keb Acevedo, editor-in-chief of Hobby Farms. “They start on weekends, wanting a better quality of life.” The hot spots, she says, are in areas that are one to three hours outside of big cities on both coasts and throughout the Southeast.

Hobby farmers drive up land prices in hot areas. They also raise big-picture concerns about total farm output. Hobbyists get far less yield per acre than the lifetime pros, and in times of food shortage they would further crimp the supply, usda officials warn.

But there appears to be no stopping the trend, which is fueled not just by retirees getting in touch with the land but also by a rapid rise in the market for organic foods, which these farms tend to produce.

Now is a good time to buy a retirement farm as well.  Demand has definitely dropped.  US and Ecuador retirement farm prices are still low.

On a previous Ecuador real estate tour we looked at a small farm that included a thousand peach trees that created real estate income. The peaches were sold to the armed forces and a super market chain. Here is the house and…

The orchard with wonderful views of Ibarra in the distance.

Merri and I love the enjoyment and the health benefits of living on our farm

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with…

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our horses.  This is Goliath…one of our five.  Our…

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chickens lay great fresh farm eggs. What an omelette… farm eggs and home grown veggies!

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The omelettes are even bigger with our geese.

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We love the pure spring water…  and our creek…

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filled with trout.  Our daughter Elle caught this brookie in the creek last year.  Plus…

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the wildlife like these deer in our front yard.

Our ability to grow food… taking care of the animals and even getting to the mail box keeps us walking… working… flexible and trim.

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So whether  you plan to retire in Ecuador or elsewhere, do not stop working and perhaps consider moving to a farm.   This is a great way to live.

Gary

Join us at our North Carolina farm this July or October for our International business & investing seminars below.

July 24-26 IBEZ North Carolina

Oct. 9-11 IBEZ North Carolina

Or join us and learn more about living and retiring in Ecuador.

July 24-26 IBEZ North Carolina

Oct. 9-11 IBEZ North Carolina

Or join us in Ecuador and learn more about living and retiring in Ecuador.

Sept. 17-21 Ecuador Spanish Course
Sept. 23-24 Imbabura Real Estate Tour
Sept. 25-28 Ecuador Coastal Real Estate Tour

Oct. 21-24 Ecuador Import Export Tour

Nov. 6-8 IBEZ Ecuador
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour

Read the October 2007  Time magazine article Back Home on the Hobby Farm at http://www.time.com/time/magazine/article/0,9171,1670527,00.html

Reading the entire article For Boomers, recession is redefining retirement http://www.usatoday.com/money/perfi/retirement/2009-06-16-retirement-boomers-recession_N.htm will help you understand Ecuador retirement better.

Ecuador Crafts – After the Fall


Ecuador crafts can provide opportunity for three reasons we’ll review here.

Ecuador crafts people are excellent in the crafts business. they start and learn early on.

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Merri and I have returned to our North Carolina farm for spring planting.  The local wisdom is that lettuce, radishes, potatoes and  onions should be planted on Good Friday. Everything else goes in on Mother’s Day.

Things change slowly here in the mountains except the seasons.   Spring really does jump out quickly here.

One day the branches are bare. Next day there is a distinctive red blush as the buds have popped out seemingly overnight. You can see the red tinge in this shot I took from my office window yesterday.

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Saturday all we had in the lawn was green. Easter the dandelions were there.

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This makes me happy.   My favorites are the dandelion salad and the dandelion quinoa pancakes that Merri cooks for breakfast… topped with one of the great blue eggs that our hens lay.

Here’s my morning collection sitting on the kitchen counter…waiting!

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While out collecting those eggs a thought about change… the change that’s going on… in the Western world… in the entire world, popped into my mind.

Here is the thought.

Change comes suddenly… like the spring. One moment it’s not.  Then suddenly it is.  Yet really change isn’t sudden. The forces that created the dandelions and the tree buds have been at work for quite some time.  The physical manifestation that we see only seems sudden because we do not see the subtle shifts that are happening everyday that bring this explosion of apparent change.

Take for example, yesterday’s message that showed how America’s debt has been growing and the US dollar falling since 1969.

A further look at the graph from that message… with this new thought in mind… shows how the change really began in the 1940s… because since then… America has almost always been at war… the occupation… Korea… VietNam… the Cold War…  Iraq… twice.  Afganistan.

This huge cost… plus others (such as Social Security) have created continual change… though it may seem that we are just seeing the big shift now. deficit chart I have studied this change for 40 years. Just understanding the greenback’s fall has been enough to prosper… but this new thought crystallized an error.

I have been studying the fall of the Roman Empire to see what I could learn from the past about our change now.

Here is the error.  I should have been studying who succeeded… and how after the fall.

I will now study this and suspect here are a few of the rules that the Italians who thrived and prospered post Post Roman Empire.

#1: They accepted the change and did not bury their heads in the sand.

#2: They saw the change as an opportunity… and grasped it.

#3: They moved to or already were in safe places out of any battle zones.

#4: They did not display their wealth (the Latin habit to this day is to live within walled courtyards- modest outside- luxurious within).

#5: They took risks based on fundamental distortions created by those who did not embrace change.

#6: They were frugal.

#7: They were independent.

This type of thinking shows why Ecuador crafts make sense from a business point of view.

Shigra handbags made from agauve fibers and natural dyes.

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One way we can see change is in an article from Time Magzine entitled “Here’s to the Death of Broadcast” by James Poniewozik.  The article says:

When ER goes off the air April 2, we will say goodbye to more than the medical staffers who have lived, loved and been tragically killed off for sweeps over the years. We will also say goodbye to the era of broadcast TV it represented: the era of big shows, big audiences and big money.

In 1994, when ER debuted, NBC, CBS and ABC ruled TV. The fourth network, Fox, had no top-20 shows. Cable was flourishing but was hardly a threat. Only a handful of dorks (like me) were using “graphical user interfaces” like Netscape to look at something called the World Wide Web.

Fifteen years later, the networks are, as the TV docs say, crashing. In the 1994-95 season, 43% of U.S. households, on average, watched the Big Four at a given moment in prime time. Now it’s 27%.

Programmers and cultural critics are warning of the end of the mass-media era, when shows from I Love Lucy to Seinfeld joined tens of millions of Americans in a common experience.

Shigras in Otavalo Ecuador crafts market:

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As we shift from the era of broadcast to broadband, we’ll no longer have an entire population mesmerized by the same performers, programs and modes of thought.  Smaller unique businesses with quality products such as organic Ecuador crafts produced by individual crafts people will thrive.

Ecuador crafts include some great art like these religious reproductions.
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More Ecuador crafts and art we view on our Ecuador export tours.

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Colorful art in bowls…

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Ecuador crafts and art in woodwork.

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Ecuador crafts and art in textiles.

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Ecuador purses and rugs.

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Ecuador crafts are perfect products positioned to sell well in the broadband era ahead… organic… authentic…colorful… exotic…useful and meaningful.

One does not have to be crafty to prosper from change… but many can prosper from more hand made crafts… from Ecuador or anywhere in the world.

Until next message, may you prosper from change.

Gary

In Ecuador we offer two 2-4-1 tours this May and June.

Economic downturn?

Yesterday’s New York Times article entitled “Jobless Rate Hits 8.5%; 663,000 Jobs Lost” said:

The unemployment rate reached its highest level in a quarter-century after 663,000 jobs were lost in March, the 15th consecutive month of job losses.

Yet our Ecuador and other businesses are expanding so fast that I can barely keep up. More and more readers are wanting to know… “How do you increase affluence like this when so many are losing it?”

This created the 2-4-1 concept that offers a special opportunity for you.

I cannot be in two places at once but I can make to possible for you to gain all the information I know and see what I am talking about for yourself by visiting Ecuador.

For example we have three Ecuador tours scheduled for May 2009.

Ecuador Coastal Real Estate Tour May 16-17

Imbabura-Cotacachi Real Estate Tour May 20-21

Ecuador Amazon Herbal Tour May 22-24

Merri and I will not be on these three tours and we do want to meet you. So to make sure we can meet, we will let you attend these either one of the May real estate tours free if you enroll in one of our three International Made EZ  courses, in July, October or November.

You get two courses for the price of one.  Enroll in any of these courses that Merri and I will conduct below and choose either May real estate tour free.

July 24-26 IBEZ North Carolina + Tangled Web

Oct. 9-11 IBEZ North Carolina + Tangled Web

Nov. 6-8  IBEZ Cotacachi + Tangled Web

There is no need to  hurry either. If you are not sure about attending two tours,  sign up and attend the real tour now… then we’ll knock the tour fee off our IBEZ Cotacachi + Tangled Web course fee later.

You can also still take advantage three course discount as well.

For example, if you choose to attend all three of the May tours… both real estate and the Amazon herbal tours, then you can attend our July, October or November course free.

You can see some options below.

These three May 2009 Ecuador real estate tours are hosted by Alberto Verdezoto (a long term friend and guide as well as an expert on herbal medicine from the Amazon) and our staff.

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Here is Alberto leading our last real estate tour on the coast.

You could not be in better hands.  Alberto was in the Ecuador travel business for more than 10 years and has been our main real estate researcher for three years. He has helped us find most of the good Ecuador property deals and is doubly helpful because he bargains down the price!

Here is Alberto (left) leading our staff at International Living’s Ecuador seminar in March.

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On the coastal real estate tour,  you’ll see these houses near the beach for $19,500.

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Here is an interior shot.

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Plus on the Imbabura – Cotacachi real estate tour we’ll see these excellent houses.

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with these views and…

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with top quality finish.

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Plus on the Imbaburra – Cotacachi real estate tour we’ll look at (unless it has sold) a really well organized 12 acre avocado farm just minutes from Ibarra.  The owner has returned to Loja.  Here is the entrance.

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the main  house.

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inside living room and…

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kitchen.

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Here are both houses from the rear and…

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the back garden.

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Here, in front of the houses, is the fruit… the cash generator.

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The avocados are flowering for their first crop.

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We are told they will offer a $50,000 a year income after two years… $25,000 potential this year. (Be sure to check this out as we are not avocado farmers so cannot discern the truth.)

Asking price with these two houses, land and crops is $260,000.

You can enroll in one, two or three of these courses below

Ecuador Coastal Real Estate Tour May 16-17. $499 Enroll here.   $749 For a couple.

Imbabura-Cotacachi Real Estate Tour May 20-21.  $499 Enroll here.  $749 For a couple.

Ecuador Amazon Herbal Tour May 22-24.  $399 Enroll here. $499 For a couple.

Take Two for One. Attend any of the three courses below and select any one of the tours above free.

July 24-26 IBEZ North Carolina + Tangled Web

Oct. 9-11 IBEZ North Carolina + Tangled Web

Nov. 6-8  IBEZ Cotacachi + Tangled Web

Or sign up for two or three of the May 2009 tours and attend any of the IBEZ Cotacachi + Tangled Web FREE.

Attend any two Ecuador courses or tours in a calendar month…$949 for one.  $1,349 for two.

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two.

Learn about our July 2009 Ecuador export tour 2-4-1 deal here.

You can read the entire article “Here’s to the Death of Broadcast” at
http://www.time.com/time/magazine/article/0,9171,1887840,00.html