Resources You Should Tap Into Long Before Retirement

You’re staring at retirement in the not-to-distant future.

You know you aren’t as prepared as you want to be.

It’s time to fill your noggin with as much good information as possible that will make retirement a breeze.

Being one who loves to research, I decided to start my quest about 6 years ago. The journey is still in progress.

But along the way, I have discovered much about myself and have learned a lot. In fact, the themes that keep resurfacing have helped me to set some goals, make needed changes, and hopefully, take me closer to a more secure retirement.

Let me share some of the resources that I have made a regular part of my retirement education. If these help half as much as they have helped me, the investment would be well worth it.

INTERNATIONAL LIVING MAGAZINE: HELPING YOU TO “Live Better for Less, Overseas”

International Living has been read front-to-back for the past 5 years on a monthly basis. The price is well worth the subscription cost.

International Living has been published since 1979 and provides a very positive spin on moving overseas.

The magazine has regular departments, feature articles about the best places to retire and about those who have successfully retired overseas.

Much of its emphasis is placed on retiring on a budget and how to balance a retirement lifestyle with an overseas income.

The staff at International Living is also busy hosting overseas conventions and publishing other niche retirement publications such as Incomes Abroad which offers tips on starting a business overseas, and Real Estate Trend Alert offering timely real estate opportunities in advantageous overseas locations.

I have personally benefited from recorded messages conventions regarding Income opportunities and ideas. Expertise on online businesses that you can begin now with a goal of continuing with it once moving overseas has been particularly helpful to me. This blog is my attempt to do just that before our move to Belize.

Particularly helpful is the yearly summary of the best places to retire overseas. Locations are graded based on weather, income potential, healthcare, entertainment opportunities and other categories important to future expats.

You’ll locate usable information about Belize here also. You can get a free report about Belize at https://internationalliving.com/countries/belize/

DOUG CASEY: THE INTERNATIONAL MAN

Doug Casey is a character. He’s Flamboyant. He’s Thought-provoking. He’s the kind of guy you either love or hate.

I reside on the “love” side of that street. Here’s why:

Doug has spent the past 5 decades teaching anyone who will listen how to be a “Crisis Investor”, how to “Internationalize” and most recently, how to prepare for what he sees as a coming worldwide “financial hurricane” that will wipe out the retirement savings of anyone who doesn’t prepare now.

He has made his fortune by investing in areas of the world that find themselves in crisis. It’s basically a matter of buying low and selling high, according to Casey, but most people shy away from crisis investing because of fear.

Politically, Casey is a libertarian. He has a good handle on the plight of most countries. His years of experience in crisis investing, living overseas and living through many financial booms and busts makes him a compelling author and speaker.

Doug Casey believes that “Going Global” will help you to diversify your risks only makes sense. He believes that staying put in the country of your birth is not necessarily a smart thing to do especially if your country has heavy taxation and is in debt.

Whether you agree with him or not doesn’t matter. Doug Casey has an opinion about the best places to live, the best places to put your money and how to best protect yourself when the financial hurricane hits.

He believes that the crisis in 2007-2008 was simply the leading edge of the hurricane and that the world has been in the “eye” of the hurricane since then. But according to Casey, the trailing edge of the hurricane is coming and will catch most people off-guard with a global financial crisis.

Casey’s plan is to help those who lost much of their savings in 2008-2009 to prepare in four specific way to weather the coming storm.

He has investment newsletters, daily blog posts, online conferences and other subscription services well worth investigating.

SIMON BLACK: THE SOVEREIGN MAN

Doug Casey may be provocative, but to me, Simon Black is the best of the bunch.

Simon has a podcast, a website, a paid “Sovereign Man” subscription service and more at https://www.sovereignman.com

Simon is low-key, but he makes a lot of sense. He offers much of the same advice that Doug Casey offers, but he presents it in a very straight-forward manner.

He tells his audience that they need to create a Plan B for their entire life because it may help you in a crisis and it will also help you “no matter what!”.

He is proponent for getting a second passport. It will help if you need to travel anywhere and it will be even better if you need it in a crisis.

He says that you should hold some of your cash overseas. It will help in a U.S. crisis, but it will also help protect you in any litigation.

His entire Plan B just makes sense. Don’t put your eggs in one basket.

I receive his daily email, listen to his informative podcast on iTunes and am considering his Sovereign Man, one-on-one hand on approach to helping you achieve a Plan B that will be tailor made just for you.

Know that I don’t receive any compensation from any of these resources. They have helped me and I think they could help you.

Let me know about some of the resources that have helped you in the comments below.

 

 

Casa Blanca By the Sea Hotel: A “Great Buy” or a “Black Eye” in Consejo?

Casa Blanca Hotel view from the sea
Casa Blanca By the Sea in Consejo.

Imagine bringing your boat up to this pier on the Northern tip of Consejo looking to experience Northern Belize.

The Casa Blanca Hotel looks like a jewel, inviting you for a night stay or two, for a few cocktails and some great Belizean food. You can’t wait!

But then you realize that the cast iron gates are chained. You can’t get in. The place is empty and you’ll need to find other parts of Northern Belize to whet your whistle.

Casa Blanca by the Sea is for sale.

The location that hosted local conferences, and tourists for a number of years is now empty due to the owners’ unforeseen circumstances.

It’s weird to read the reviews on tripadvisor.com. It’s also confusing that the same listing invites you to check out possible stay dates.

But that’s what happens when you close rather abruptly and the owners want to put it into the hands of someone who can take it on.

I know what you’re thinking. “I bet I can make a go of it as the owner of Casa Blanca!”

I thought the same thing when a local real estate agent showed us the place during our recent trip to Northern Belize.

Karen Wilkinson of Corozal Belize Properties in Consejo Shores told us the sad story of how the Hotel came onto the market. She showed us the rooms, the land, the bar and the kitchen.

You could still envision a bustling business within its walls.

Enjoy this pictorial of our tour and decide for yourself if Casa Blanca is worth a look.

THE ROOMS: COMFORTABLE AND INVITING

Mayan Door Carving
Each door of the dozen or so hotel rooms invites you in with a Mayan carving on it. No detail is spared to make this an inviting hotel.
two levels of rooms
The rooms look over the sea from the top or bottom levels. The sea breezes hit you smack dab in the face as you scan the horizon from your balcony.
room interiror
The rooms are fully and smartly furnished, complete with ceiling fans and some with air conditioning.
The featured suites boast comfortable wicker furniture and large window access to the Caribbean Sea.

THE GROUNDS ARE CHARMING AND SPEAK TO OPPORTUNITY!

Palapa dining
A full palapa has seaside dining written all over it and has weathered the storms wonderfully. A small palapa sits at the end of the sturdy pier and entice those who want a more private dining experience on the Sea.
Parking
The cobble stone courtyard area is perfect for parking and a late night stroll.
Land to the West
Vacant land to the west of the Hotel could be used for lawn games such as futbol or volleyball or could be used for future development of private cabanas?
Seawall palapas
Shade palapas serve as nice shade spots along the sea wall, offering a great view of Chetumal about 2 miles across the Bay.

ADJACENT HOME IS A BONUS!

Adjacent Home
A two-bedroom home sits empty across the street from Casa Blanca and was used for the Hotel manager. A full workshop also is on the land and provides a perk for the absentee owner to offer to his on-site management.
The adjacent home comes fully furnished with plenty of space.
Bedroom
The master bedroom in the adjacent home is quite cozy and would make a perfect place for the on-site manager and his family to call home.

DINING, SERVING AND ENTERTAINING AREAS

Although the kitchen, bar and indoor dining area on the ground floor of the Casa Blanca Hotel were too dark (no electricity at present) to take decent photos, make sure your tour of Casa Blanca includes some time in these areas.

The kitchen is large, well laid out and boasts all of the stainless steel appliances needed by any full-service restaurant. All are included in the price of the Hotel.

The bar is rustic and expertly made from local exotic hardwoods, while the dining area is fully furnished with complementary wood tables and chairs.

An office area also serves the owner and/or manager a comfortable air conditioned area to attend to daily administrative tasks.

THE VERDICT: “BLACK EYE” OR “GREAT BUY”?

As you see from the pictorial above, Casa Blanca features everything a thriving Hotel and Restaurant needs, such as great sea views, perfect sea breezes, a nice design and an infrastructure that could be sustainable with a bit of tender loving care.

According to local real estate sites, the reduced listing price for Casa Blanca is $799,999 USD at the time of this writing.

From our visit, we assessed that the price seemed like a bargain based on the quality of the construction, the layout and location.

Of course, any possible investor should get a hold of the financials of the business when it was in operation and thoroughly investigate the future tourism potential  of the area.

Bottom Line: Although at first site, we determined that it has potential for the right investor, it was above our budget.

The longer Casa Blanca sits vacant, however, the work required to get it back into operational condition will increase.

The assessment of whether it is a “Black Eye” for the area, or a “Great Buy” for the right business person should be left up to the person who does extensive due diligence.

Have you viewed Casa Blanca? If so, give us your opinion below.

Do you have information that will help inform future investors, please add to the discussion below.

Did you ever stay at Casa Blanca? Tell us about your experience below!

Here are a few links to start your research: