Tag Archive | "South Carolina"

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•25% said they have prematurely withdrawn funds from their retirement accounts.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

Cash management change

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.

Cotacachi Real Estate Upgrades


Cotacachi real estate upgrades  can create extra profit. Here are thoughts about thought from readers around the world and we hope that this helps your international investing.

Yesterday’s message, a thought on thought was about change  and upgrades and readers sent an overwhelming response from all over the world. We’ll look at that in a moment, but here is another shot of the Barro Viejo renovation and upgrades in Cotacachi. We’ll see what a magnificent job they did on the indoor swimming pool later in this message. First…

Change.

See more of this Cotacachi real estate at Cotacachi real estate rejuvenation.

This message shared a theory about how seven year cycles may change the way we process information in each cycle. This is vital stuff. Nothing affects our wealth, health and happiness as much as the way we process information.

Some readers found the theory helpful. For example, one reader from Alabama shared this idea:

Gary,

Your messages are resonating with me — especially this one. It explains so much of my spiritual searching since ‘rewiring’ from my Orthodontic practice 3 years ago. And I can’t wait to meet Blaine Watson for perhaps a further explanation of where I am headed. Thank you so much for your newsletter and see you soon for the celebration at El Meson and the course.

Others were confused. One reader from California shared this:

Gary,

Great thinking on thoughts. Hmmm. So, 7 x 7 = 49. 7×9 = 63. So even with 9 Chakras, emerging every 7 years that only takes us to 63. Then you shift to 2 year 50 cycle thoughts. Add in a couple of Chakras at 7 years each you get 114 not 119. First 50 plus second 50 = 100 + 2 seven year Chakra cycles and we get 114. Even if we repeat the 7 Chakra cycles, that is 7×7 (2) = 98 + the 8th and 9th = 112. Huh? So why do none of these formulas add up to what you are saying.??? What am I missing here? Love reading you thoughts. Just looking for clarity.

Hopefully my reply clarified the confusion and yours if you have as much as I do. I wrote:

There are nine chakras in Andean thinking . Nine X 7 years gets us to age 63. This is pretty close to what we call retirement age.

The second eight 7 year cycles takes us another 56 years and makes us 119 years of age. That’s pretty close to 120 which is about the length Vedic Astrology suggest we should live. Perhaps then we enter the second ninth chakra stage (the ninth chakra relates to the ultimate being). In this stage, perhaps if we have advanced as much as we should, we easily join with the ultimate being. A theory? Guess we only really know when we reach 120!

This still leaves a 13 year gap between the age 63 retirement and the age 50 retirement mentioned in Leviticus.

Another reader from England makes a suggestion about this and writes:

Hello Gary, I have a couple of thoughts. At the time Leviticus was written, 50 could have been a very great age. Most of the text (return to your property: ashes to ashes?; you shall not sow, reap, or harvest; take only what the land provides–could this all be an indication that you are soon to be returning to those already departed and that you shall contribute to the land once again.) suggests this as a possible meaning.

I’ve spend most of my professional life with those at least a generation older than me. I often encounter a resignation to the way things are, however bad. I realize that I’ve made a couple of jumps of thought here but my professional experience suggests that we do start to let go. Perhaps with greater longevity expectations, 50 is the age where we really realize that we’ll ‘never be President’ or attain goals once thought possible. I have definitely changed in the last few years (53 now) and realize that we are meant to be obsolescent and that the vigor of youth is NECESSARY to accommodate an ever changing environment. This is not to say that we at this age are incapable, only that we are less likely to embrace much of the new perhaps because we’ve seen the old tricks before (think politics) and really don’t want to jump thru the same hoops. As an independent entrepreneur, you have had different experiences/expectations than many (also a case of think or swim?) so I probably only speak for a minority.

In any case, thanks for a good article. The idea of advancing up the chakras (from base desires to enlightenment) is surely an idea that has merit, especially when the idea of higher purpose is not a mainstream concern. Your reader in London.

Another reader from Japan also outlined where there could be a one year gap in our thinking.

Hi Gary, Interesting e-mail. As an editor and sub-editor, I couldn’t help noticing this:

“What does appear in many religions and philosophies is a major shift at age 50.

“You shall have the trumpet sounded throughout all your land. And you shall hallow the fiftieth year and you shall proclaim liberty . . .”

No sir, that is at age 49. When you started your second year of life, you were one year old. When you started your 50th, you were 49. And to “hallow the fiftieth year” — that must be the sounding of the trumpets to greet its arrival. (Damn — just for the moment I can’t think of the musical term for a short passage which announces a change and a new direction.) So, you could argue that this too fits the seven-year cycle. Seven squared, in fact. Best wishes from a dull and drizzly Tokyo

Others just outlined how they changed in life during different seven year cycles. One reader from South Carolina shared this thought.

Dear Gary, From age 21 to 28, I lived mostly on an old sailboat (I have already written you about this). Maybe I can help with age 28. At that age, or perhaps late 27, I returned to the U.S. and visited all of my college friends. I had not been in a motor car for years, and I immediately smelled their stink. I got serious about my life and applied to Emory for medical school. My friends, all in fear of age 30, started drinking, doing drugs (more than they had before). At least five of them either dropped girl friends or divorced wives. Actually, I think it was more people than this. Several were killed in motorcycle accidents. Some died in Vietnam , although I don’t remember the precise age I was when this occurred because in many cases it took me years to find out. Hope my experience helps with age 28. I remember that Winston Churchill wrote that his twenties were the “best years of my life” Cordially Yours.

Here is an important point I believe that this reader stumbled across. Modern Western society is so youth oriented and so materialistic that it surrounds and bombards us with the idea that success relates to production and consumption and how much stuff we have and how many things we do and places we go. Western doctrine is all about the outward stroke. Thus inward urgings are met with resistance at every level. Those who start shifting within have zero support. They feel out of odds with society, out of odds with everything they have been told and out of odds with the flow of everything surrounding them. This creates enormous tension when our correct natural path gets out of odds with the way everyone tells us we should be. This could be what causes this phenomenon, when people go off the deep end and do something crazy, so often called the seven year itch.

This reader from Poland gave some great food for thought.

Dear Gary, Allow me to share few of my experiences regarding life circles. I agree with you that the life shifts every 7 years. In my case generally there is a small shift every 7 years and a bigger one every 14 years. I seem to have some in-between periods, where there is a lot of shift.

At 21/22, I officially moved away from Poland to Japan . At 29 my mother passed away – she was a very strict lady. Her death freed me to start walking my path. In the 7th year of my procedure I managed to get Japanese passport.

After studying, for 14 years, what I thought, at that time, to be spirituality, I made a 180 turn and jumped into business world.

After working for 7 years in a top Japanese company, I was delegated to Central Europe (Poland and Czech Rep.). Again after 7 years in Central Europe, I am going back to Japan . The result of these 14 years? I seem to have finally developed my own model for business that should allow me to become self-employed.

Next year I will turn 50. A really huge transition seems to be happening.

During the last 7 years, I was working to finally understand spirituality. I was differentiating everyday life from spirituality. This is the idea I heard from my birth for over 30 years. At 49, I finally accepted that the highest spirituality is to live everyday life, but live it with full consciousness. Every move, every thought, every emotion, every deed is to come from the spirituality within.

Our education is teaching us to look outside for spirituality. This actually is the biggest mistake. The real spirituality is within us. So-called “Heaven” is not somewhere in the stars. To get there flying to the stars, would take as long as all satellites or spacecrafts need to travel. Far too long.

The surprising thing is: when we start focusing inward, not only within ourselves, but when we go with our mind and spirituality into Earth, there is a shortcut to the Moon, Sun and Stars.

I am developing a coaching system for discovering the Inner Strength (Peace) within. The system is called WaKiDo.

At present I have a short sabbatical, in favor of first developing a more tangible subject. At my 50th birthday, I would love to be able to announce becoming self-employed.

In my case, I didn’t develop chakra by chakra. (By the way, There are far more charkas then 9, but this is not the important subject.) In my case the top chakra was overactive for 49 years. Finally at 50, I seem to be reaching the overall balance.

It might seem to negate your theory that after 50 people tend to move away from pure money making, into more spiritual side of work. Actually it does not. Spirituality that I was taught was a special, holy, world detached state of mind that did not really recognize holiness of the everyday life. If we talk about this kind of outside spirituality, then yes this understanding would contradict your theory.

Best regards,

I am sorry if this reader misunderstood my thoughts on detachment in the second seven year cycle. Merri and I are well into our second cycle and getting busier every year. But the business is not about the financial bottom line any more. I could not agree more that our work everyday life and work can be our holiness and especially agree with this reader’s comment:

At 49, I finally accepted that the highest spirituality is to live everyday life, but live it with full consciousness. Every move, every thought, every emotion, every deed is to come from the spirituality within.

I could not have said it better!

Until next message, may all you deeds come from great wisdom within.

Gary

You can see Cotacachi property like this on our next Cotacachi real estate Ecuador information tour.

Here is that swimming pool and another shot of the Barro Viejo renovation just down the street from our hotel.

Plus here is the Barro Viejo team with the owners of this renovation who so kindly allowed our group to tromp through their beautiful home.