It pains me terribly to read posts reporting the terrible plight of those who are facing involuntary unemployment in the U.S. today due to the lack of jobs, especially for those older workers who, once laid off, may never be able to find another job. They are effectively being forced to retire. The majority do not have enough money saved to pay their daily bills, let alone to enjoy a pleasant retirement of travel and worry-free leisure that once was their dream.
Many workers in the U.S., have less than $2000 saved for their retirement and social security payments, which start to kick in at 62 years of age, will not even cover their most basic expenses to maintain a roof over their head and food in their belly. Some folks in that situation might be able to benefit from the visa programs for pensioners offered by some Central and South American countries, which allow those with a verifiable non-local income to live well on what would be a pittance in the U.S. One such country is Venezuela.
I am living well on under $300 a month, a fraction of what I spent before leaving my law practice and moving to Venezuela to teach English.
