Wanting to retire in Panama

Archive for March, 2013

Flights are Booked!

It has been a couple of weeks since I last posted a blog.  Life has been busy around here lately but am having a quiet Easter weekend so found the time to sit down and do some catching up.  It is finally starting to feel somewhat like spring here now, the weather has warmed up enough so that we are finally getting some spring thaw – nothing compared to temperatures in Panama though – only have about 1 foot of snow left outside!   I went online today and booked our flights to Panama in July for two weeks!  This will be our first trip to Panama and hopefully not our last.  Since we are thinking of making the big move to Panama we thought it would be wise to experience life during the rainy season.  Now it’s time to plan where we are going to stay.  We are planning to rent a vehicle during our two week excursion and want to explore the areas along the pacific coast near Las Tablas as far west as David and are planning on staying in some bed and breakfasts along the way.  We are definitely water people and want to be near the ocean.  We arrive late in the evening  so will be staying in Panama City our first night.  If anyone out there has any suggestions on a good place to stay near the airport we would love to hear from you!  Also, if you know of any good bed and breakfasts along the way, we are open to suggestions for these as well.   Am looking so forward to planning our itinerary.  Internet here I come!

TTFN – until next time!

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Why Do We Want to Retire in Panama?

Hello again, 

This morning I woke up and thought to myself – “why do we want to retire in Panama?”  – so figured this would be a great place to answer that question.  Dan and I (from now on I will refer to him as D) have been wanting to make a life change for a few years now.  Is there something about hitting your 40’s that makes a person re-evaluate their life?  Is it maybe a mid-life crisis that D and I are experiencing?  When we first starting thinking about living abroad several years ago, our focus was on being snowbirds and having a nice warm sunny place to go every year for a few months to escape the harsh realities of the long, cold winters here in Canada and rent the place out for the remainder of the year using one of those rental agencies.  Not a bad idea – if we were willing to work until 60-65.  Herein is the catch – we so often hear people telling us about this person and that person who worked all their lives, saved up their pennies for that much anticipated retirement age …..65 – finally reached that goal – only to either find themselves in ill health and sometimes, heaven-forbid, passed on to the almighty hereafter within a couple years of retirement.   We don’t want that to be us.  

So we started doing our research, thanks to International Living magazine, the internet and this thing called blogging (thanks also to all you people out there willing to share their thoughts and information on living abroad through their interesting, very informative, humorous and entertaining blogs) we have come to the realization that we could actually retire full time by the age of 50 if we lived abroad permanently!  Which brings us to where we are today.

We initially did ALOT of research on Ecuador, thinking that maybe this would be the place for us but came to the realization that maybe it isn’t quite developed enough yet for D and I to make that permanent move.  So we shifted our gears and started checking out Panama.  Panama was one of the areas we were looking at a number of years back when we were still focused on an investment property, so thought we would look into actually moving their full-time and in the end we feel it has way more benefits for retirees from abroad than does Ecuador and would overall be a better fit for us. 

So now here we are in the early planning stages.  We are taking the advice of many bloggers out there and are in the process of planning a trip to Panama this summer for a couple of weeks so we can get a feel for the country during their rainy season, then will head back in January/February of 2014 to get a feel for the dry season.  We have narrowed down the places we want to check out to the areas along the pacific coast (we are water people and love the ocean) – in the vicinity of Las Tablas all the way to possibly the city of David and surrounding area.  We are not city people so have ruled out Panama City completely.  We are wanting to stay in B&B’s along the way, so if anyone out there has some ideas on some nice, not too expensive, places to stay, we would love to hear from you!  On that note, I will say good-bye …… until next time!

 

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Winter Wonderland

Winter Wonderland

Here I am playing fetch with Jaydie in the backyard.  Jaydie is very excited about the idea of moving to Panama!  After being hit by a vehicle last summer and having to have hip surgery, the cold weather and snow takes its toll on her.  She LOVES to play fetch but the chronic pain now slows her down :'(.    The cold weather definitely doesn’t help either.  And look at all that snow!!   It is March 10 and we still have all this white stuff!  Come on spring!  People ask us “won’t you miss having the change of seasons and all this white stuff when you move away?”  My response to that is, “I may or may not miss it – but I do know that I WON’T miss having to deal with the snow and cold for 6 months of the year.”

My thought for the day:  “The world is a big, beautiful place – let’s explore it and enjoy it while we are still young and healthy enough to do so!!!”

Wanting to Retire in Panama

Hello world! Well, this is my first attempt at setting up a blog and posting on my new blog site so bare with me! My wonderful husband, Dan, and I have been happily married now for 26 years and counting. We have two wonderful children, a son who is soon to be 21 and a daughter who will be flying the coop this fall to university. Low and behold, this will leave us empty nesters and ready to take on a new venture in our lives. We have been doing a lot of research on the internet through various blog sites and have been subscribing to International Living for a few years now. We LOVE the show House Hunters International, and after all the research have decided “why not move abroad and retire early – others have done it, so why can’t we? Can we retire at 50? Is it even doable – how much will we need to retire abroad??…..Because we know that this is not an option for us if we continue to reside in Canada, where, although we have a comfortable living… taxes are high, cost of living is high (especially in northern Alberta where we reside) ” and the winters down-right suck! Why live in -30 C during the winter when we can live in +30 C all year round!!!”

Which brings me to where we are today. After researching vigorously we have decided that Panama is where we want to be! We are planning on a trip to Panama this summer (although haven’t booked anything yet). We have done extensive travelling over the years but the closest we have made it to Central America is Curacao (lol). Ideally, we would like to retire on or near the ocean on the Pacific side of Panama – west of Panama City – even as far as near David. We are hoping that with setting up this blog, we can rely on you guys, the Panama blogging community, for some much valuable insight into the many beaches/towns that are along or close to this side of the country and where, ultimately, we will be able to find that little piece of paradise that we can call our retirement home!