When Connie and Mark Pombo decided in 2010 to retire abroad, they searched for locations online. Ecuador seemed to have everything they wanted, so Mark, who had recently retired from the United Parcel Service, flew south to visit.
He was impressed. Three months later, the couple sold their Lancaster, Pennsylvania, home and packed their suitcases. Two years later, the Pombos live on a $600 monthly budget, which includes their $200 two-bedroom rental overlooking the Tomebamba River in Cuenca, a town in the sierra of the Andes Mountains.
They love their scenic and affordable lifestyle. “I could never go back to the U.S.,” says Connie, 56, a semi-retired freelance writer. “The prices just rattle my brain.”Like other retired expats, Sisk is required by the U.S. government to pay taxes, even if residing abroad.
Americans retirements have been outsourced..
Tags: Ecuador, outsourced
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