These retirees ditched their pricey life in Santa Cruz, Calif. — and now live on a lake in Mexico on $1,750 a month

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These retirees ditched their pricey life in Santa Cruz, Calif. — and now live on a lake in Mexico on $1,750 a month
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This couple moved to Mexico and now live in the second-best climate in the world:

Billy was a successful stockbroker, and Akaisha ran a popular restaurant. They went out to eat and drank nice wine; hosted parties; and lived in a posh home in Santa Cruz, Calif., with a hot tub, garden and huge redwood deck that Akaisha calls “her dream home.” But they barely got to see one another as both had long, but different, hours, with Billy getting into work early and Akaisha working nights. “We were burned out,” Akaisha explains.

For the next two years the couple meticulously tracked their spending and the crunched numbers on inexpensive places to live. In 1991 — after selling their major assets and investing that money — they retired at the age of 38, and have lived abroad on about $30,000 a year since that time, they say. Its low cost of living doesn’t hurt: The Kaderlis spend about $1,750 a month to live here, they say. Their biggest expenses, besides travel — both still go back to the U.S. once a year or so, and they take mini-trips throughout Mexico — are rent and food. They pay about $300 a month for their apartment. They spend about $200 to $300 a month on groceries and add that they can easily match that amount if they are dining out a lot or entertaining.

Akaisha and Billy say that people often wonder if their current town in Mexico is safe, because they see headlines about crime in Mexico. But Billy says they haven’t had an incident as they travel about via public transit. But, he concedes, some of “the border towns are rough.”

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