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Boomers Abroad Online Community Blogs

Boomers share their experiences abroad with us!
Tags >> IRA
Sep 15
2009

Move to Mexico, Why?

Posted by Raul O'Farrill in war , retirement business , relocate to mexico , Queretaro , Puerto Vallarta Real Estate , Puerto Vallarta Homes for Sale , privacy , Move , money , mexico luxury properties , Mexico , Life , IRA , invest , intenational , heatlhcare , family , Expatriates in Mexico , Expatriates , expatriated , drugs , Cuernavaca , Cancun Real Estate , Cancun , Canadians in Mexico , Canadians Abroad , Canadian Expats , Cabo San Lucas , Buy Real Estate with your IRA , business , Boomers retiring in Mexico , Boomers in Puerto Vallarta , Boomers in Mexico , Boomers in Mazatlan , Boomers in Colombia , Boomers , Boomer Abroad , Baja , Baby Boomer knowledge Center , Baby Boomer Insights , AMPI , Americans living in Mexico , Americans in Mexico , Americans for Medicare in Mexico , American Expat Investing , American Expat

Raul O'Farrill

Mexico

May 07
2009

Six Questions to Ask When Considering Reverse Mortgages

Posted by Boomer Abroad in Reverse Mortgages , Retirement destinations , retirees , IRA , Baby Boomers , AARP , 401(k)

Boomer Abroad

Reverse mortgages have become an increasingly important financial tool for people 62 and older who want to remain in their home and fund their retirement. And, with 78 million Baby Boomers approaching retirement, interest is expected to grow.

Apr 25
2009

The 1031 Exchange and Foreign Property

Posted by Thomas Phelan in tax deferred , tax deferred , tax avoidance , tax avoidance , Retirement destinations , Retire in Mexico , Mexico Real Estate , Mexico , IRA , Investment , Investment , foreign property , foreign property , Baby Boomers , 1031 Exchange , 1031 Exchange

Thomas Phelan
The 1031 Exchange and Foreign Property

The mystery of being able to 1031 Exchange USA property for foreign property and thus avoid paying capital gains tax on profits realized is not quite as old as alchemy but I am amazed how many times I am asked if this can be done.

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Boomers Abroad

BoomersAbroad.com was born in direct response to hundreds of conversations with baby boomers from the USA and Canada who were seeking a new life, and to better understand how they might live abroad, travel abroad, relocate abroad, retire abroad and/or invest abroad. Leading industry experts and many of those who have journeyed ahead will share their personal experiences and knowledge in a great variety of areas.

Boomers Living Abroad

The number of Americans and Canadians living abroad, by today's count approximately 7 million (according to The Washington Post), is twice the population of Chicago and greater than that of 33 U.S. States. A number that has grown steadily over the past decade, and it is expected to more than double within ten years. In the next 20 years, 100 million baby boomers, from the USA and Canada, are going to retire. Five million baby boomers turn age 60 each year, Ten Thousand per day, Eight per minute, and scores of them are purchasing property abroad as vacation homes or investment homes. Naturally, many of them are auditioning these homes for potential primary retirement residences.

Boomers Abroad Online Community

At BoomersAbroad.com online community members can ask experts their questions, create their own profiles, join groups of those who share their particular interests, create their own groups, make friends, upload photos, and have their own blogs, among other features. Using the online community model, our goal is to provide the necessary information, education, guidance, resources, tools and alternatives to start boomers down the path of discovering and understanding all that living, retiring and investing abroad has to offer.


 

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