Published Jun 15, 2011

We leave for Ecuador two weeks from Father’s Day.  I am getting excited to see the place that we may end up living for at least 6 months out of the year.  Ecuador is the cheapest place in the world to retire, so we have heard.  Property is very affordable, rents are less than $500/month, and living expenses are laughably cheap.  

We are planning to spend a month in Cotacachi, in a condo we rented for $650 for the entire month and that includes utilities and internet access.  Our friends Bill and Verda are joining us, so our share is just $325.  Can you beat that anywhere?

We have been trying to figure out how we are going to live with a limited income once our income for taking care of two little ones comes to an end. We have researched places to retire and it appears you can live quite well on $800/month in Ecuador.  So we would have enough spare cash to still travel a bit.  We’ll check it out and see.  I’m worried about missing the NBA playoffs, the Masters, the French Open, and the NCAA March Madness – but they have Direct TV, so maybe we can still have access to all those events that I’m addicted to.

Health care is reported to be excellent and a visit to the doctor costs $10.00.  A beer is $1.00, and you can have an excellent meal in a nice restaurant for about $8.00.  Sounds too good to be true.