Looking back on my retirement and witnessing the retirement of others here, I think that one of the more important things to consider about your retiring is what will you do once you're here?
It may sound like a simple query but in reality it's not. Yes, when you first come down there's the beach, the mountains, zip lines, whitewater rafting and just touring the country; however, this will not keep you or your mind occupied for long. After a few years you may have built or purchased a house and your'e just enjoying the serenity of doing nothing. Depending on the type of person that you are, you may find this very difficult, as I did, to adjust to the realization that you have “nothing to do.” I enjoyed working and only retired due to a severe car accident in 2006. If I had the option, I would most definitely go back to work.
It's important to think about what you might do to occupy your time. If you choose, there are Gringo groups to get involved with in many if not most communities. There are many opportunities here relative to volunteer work - projects helping endangered and non-endangered animals, working with the poor, helping at the schools, teaching English, as well as many others. These can be easily found on the internet by a Google search, Craigslist, Ecuentra24 and others. (Be advised that with many volunteer programs here there may be a fee. This is done to help support whatever program is being offered.)
Personally, I took up welding to help with my daughter's parrot rescue project. It keeps me busy not only physically but in helping to design whatever is going on, mentally as well. More important than you think. You might be surprised once you retire how inactive we get mentally. I also read a lot as I've done throughout my life. But now I get to sit on my deck overlooking the mountains and the Gulf of Nicoya as I read.
Just to throw it in, please, please, please start learning español now. I can assure you, if you do not speak the language, you will not enjoy the experience to it's fullest extent. And the added benefit once again, exercising your mind!
Exercise and stretching will help immensely with your mental and of course physical health. It's easy to do nothing and get into a habit of doing just that - nothing at all.
I have seen many Gringos come down and fall into a rut of doing pretty much nothing. Literally, sit in front of the TV, drink and waste away. If that is what you choose, no judgment, but I am amazed how many retirees have come down and within a few months or years have died.
Planning for your short-term future is important but just as important is to make a long term plans that will keep you occupied physically and mentally for the years beyond. Discover what makes YOU happy!
And no matter what - have a great retirement!
- Expat Dave