Heartland Investment Partners - March 2020

RETIRE IN STYLE

3 PLACES TO RETIRE INTERNATIONALLY

Even if you’ve always planned for a comfortable retirement in the United States, choosing to live internationally could be a smart alternative to improve your standard of living in retirement. International Living Magazine’s Retirement Index has tracked objective retirement metrics — like the cost of living, democratic stability, and health care — for the last 40 years. They also take into account reports of correspondents actively living abroad. Here are some of their top picks for international retirement destinations. PANAMA Panama ranks No. 2 in International Living Magazine’s list of best places to retire internationally. With its tropical climate, proximity to the United States, excellent health care, and low tax burden, it’s easy to see why. In Panama City, you can expect to pay at least $2,600 a month in living expenses, but housing costs are substantially lower outside of major metropolitan markets. Panama also offers excellent discounts, up to 25% off of things like airline tickets, hotels, and energy costs through its Pensionado program. COSTA RICA If it’s a textbook paradise you’re looking for, look no further than Costa Rica. Thanks to a 1948 decision to abolish their military and direct all of those funds to health care and education, Costa Rica is often referred to as the “Switzerland of Central America.” Known for its stable democracy, safety, and socialized health care that’s only available once you’ve obtained residency, Costa Rica also offers climates for just about everybody — from the lush

jungles of the south to the hot, dry beaches of Guanacaste in the northwest. Expect to find large communities of expats to help you acclimate.

MEXICO The first things that come to mind for most people when you mention Mexico are margaritas and beach umbrellas, but this country offers a lot more than that. For starters, Mexico features an enticingly low cost of living. International Living estimates a couple could live in Mexico on anywhere from $1,500–$3,000 per month, depending on location, including health care expenses. Once you’ve obtained residency status, you can sign up for national health care plans that offer full coverage for just a few hundred dollars annually.

HOW SAFE IS YOUR MONEY?

WHY MULTIFAMILY INVESTMENTS WITHSTAND THIEVES, POLITICS, AND SOCIAL UNREST

into our 72-unit Raintree Apartment community. There isn’t — and there never will be — an algorithm for breaking into a physical property. All the cyberthieves can work overtime trying to hack into our property holdings for all we care. They’ll never get anything, not a cent!

It’s impossible to go online these days without seeing articles that would make any investor’s blood run cold. Companies having their data stolen, people being scammed out of thousands, and business and personal bank accounts being drained are common, terrifying themes. Often, these horror stories sit right next to articles about the deep political divide. One day, the Republicans are killing our country’s economy, the next day, it’s the Democrats, and Russia, China, and North Korea are always involved in the volatility somehow. On top of that, we have social unrest making headlines. Racial disputes, religious arguments, violent attacks, protests, and more are happening every day. The worst thing is that all of this information, real or fake, moves the conventional financial markets. The January attacks in Iran, for example, pushed the markets downward. Stocks, bonds, and even bank CDs are impacted. Even when these things happen outside of the U.S., our investments aren’t immune to their effects. But there is ONE investment that’s immune: multifamily apartment communities.

The other thing to remember is no matter what happens with politics, wars, or social unrest, everyone still needs a roof over their head. The markets can crash, the wars can happen, and the protests can continue, but everyone will still need a place to live. Multifamily communities are simply immune to market forces. The bottom line is that when it comes to things like rate of return, income, and cash flow, multifamily investing is a solid bet. But, arguably the more important point is multifamily communities provide a safe place to invest. The more turbulent the times, the better off our investors will be. Email Darin at darin.garman@gmail.com to start safeguarding your money today.

Besides being a great investment for income and returns, multifamily real estate is the SAFEST investment on the planet. Why? Well, no one can hack

2 DARINGARMAN.COM

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