There is a Facebook for alumni of Roger's high school. There's a lot of postings about what's going on in everybody's life and some days it's almost a chat room of hi's, how are ya's and what's happening over there? Recently we posted the following photo and status update:
Evenings
like this one on our back patio with a glass of wine
....yeah, this is why we
retired to Ecuador!!!
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Here is how I responded....we thought it might be of interest to our readers here, as well:
The
Cuenca metro area is about 600,000 population and there are about 6,000 full
time expatriates from the US and Canada and maybe 2,000-3,000 more from Europe.
We have a lot of seasonal tourists and it seems like there are more ex pats
coming here every day. Cost of living is part of the attraction but what is
touted in the retirement magazines can be somewhat misleading. Some of my
favorite affordable wines and even a box of Tide cost twice here what they would
in the U.S. Most of my clothes have to purchased back in the US or custom made
here due to size differences. However, we live very, very nicely on my SS and
two pensions. When Suzanne's SS kicks in, we will live almost as well in
retirement as we did when we were both working full time and will be able to
travel two to three months out of the year. Our house is 3+ bedrooms at 2300 sq ft in size and
cost us about $150,000. Real estate is advancing rapidly (more so condos) at
about 15-20% a year and some blame the "gringo invasion". It,
however, is mainly being driven by Ecuadorians returning from the US and Spain (as well as other countries).
They've been offered incentives to come back and start businesses and are also
attracted by the new scholarship programs here for their kids. Cuenca has been
said to have the fastest growing middle class of nearly any city in South
America. Most condominium buildings here sell out before they are finished!
Affordable health care is a really big plus....my blood pressure medication
which had a $35 co-pay in the US costs me just $7 total here and my doctor's
visit just increased to a whopping $25 ($30 for a house call...yes they do that
here!) and that's the whole bill not the co-pay! I pay $5 for a great haircut
(that includes a horrifying 20% tip) and lunch downtown with a glass of wine for
both of us comes in under $15. My utilities (telephone, water, electricity,
gas, internet, garbage collection, fire protection fee) in total never run over
$100 per month and my annual property taxes are about $150. Add to the list the
fact that this is the most biologically diverse country on earth and probably
one of the most beautiful, and you begin to understand why we are here!
As long as they continue, we'll keep responding to the questions. Know that we continue to love and enjoy our journey "juntos en camino de la vida".
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