Buy Then Retire? Help!

12 years ago
Hi - My husband and I are actively researching the possibility of retiring in Belize. We are 52 & 53 and were thinking of perhaps buying some land or a house in Belize to work on and visit until we are ready to retire. I can start drawing on my 401K and IRA penalty-free at 59 1/2 - so we would probably be thinking of moving to Belize for good in 7 1/2 years. My husband visited Belize many years ago, but only in a military capacity (Royal Air Force). I have never been. We will be visiting on vacation to Hopkins in October for a week. We are looking for any and all advice! Does our plan sound feasible, any better ideas, etc.? We were also hoping to meet some expats whilst we are visiting in October and was wondering if anyone could recommend a way to make that happen. Obviously we have a lot of questions since we've just started researching this. I will probably be posting specific questions as we go along but wanted to get a dialog started. Thanks everyone!
Linda Rochelle

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