Jim @ Route To Retire

This Is a Horrible Idea… We’re Doing It Anyway!

This Is a Horrible Idea… We’re Doing It Anyway!

Everything about this plan is a bad idea. We’re just asking for trouble in every way possible. But… we’re doing it anyway! If you read my post “Our Planned Trip Back to the U.S. from Panama…” from a few weeks ago, you might remember that we were heading back to the U.S. in the second week of July. Well, not too surprisingly, that whole agenda fell apart quickly. The President of Panama, Nito Cortizo, decided to extend the suspension of …

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Reasons to Retire in Panama - My Interview on YouTube

Reasons to Retire in Panama – My Interview on YouTube

Back in early January, I had an opportunity to be interviewed by the wonderful Risa Morimoto from Modern Aging. She wanted to get my take on our time here in Panama. What do we like and dislike? Why would someone want to retire in Panama? I met Risa earlier this year during the shooting of our House Hunters International episode. She was the director and she’s just a great person all around. Risa’s got the personality and sense of humor …

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How I Got Over $181,000 of Free Money for Retirement

How I Got Over $181,000 of Free Money for Retirement

I had a thought recently that made me wonder how much free money for retirement was given to me during my last job. My former employer was always generous in taking care of employees through the 401(k) plan offered. So just how much of our net worth could be attributed to that facet of saving? I dug up my old 401(k) statements and expected the need to spend a lot of time breaking things down and then adding up all …

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Life Insurance in Early Retirement… Cancel or Keep It?

I just paid the $335 annual premium again for the term life insurance policy we have in place on Lisa… same as I do every June. Then every January we pay the $673 annual premium on the term life insurance policy on my head. We’ve paid $1,008 out of our pockets every year since 2010. That’s over $10,000 spent on something we haven’t gotten anything out of at all. Our 20-year policies expire in the year 2030 so that’s another …

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Here's Why I'm Liking... The Fitbod App

Here’s Why I’m Liking… The Fitbod App

Hey, everyone – I thought it would be fun to start a new series called “Here’s Why I’m Liking…” I’m guessing that the title of this one should be a pretty good giveaway that I’m talking about the Fitbod app today. I keep running into awesome products, services, apps, and just other fun stuff that I think you would enjoy as well. This series will showcase those cool things. Sometimes there are just some great products and services out there …

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Racism and Privilege - My Naivety is Astounding!

Racism and Privilege – My Naivety is Astounding!

This post is truly a break from the norm for me. My knowledge of racism and privilege is both limited and skewed. I’ve never thought of myself as a racist or even privileged before. However, my eyes have been opening slowly to a world I wasn’t seeing – one that’s slanted in favor of white people like myself. I’ll be honest – this is a subject that I don’t feel comfortable addressing. As a white male, I’m hesitant that I’ll …

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Our Planned Trip Back to the U.S. from Panama…

Oh, don’t you worry, this planned trip is just a visit to the States – we’re not ready to move back from Panama just yet! Crazy times we’re living in aren’t they? This pandemic has probably affected every one of us in one way or another… it’s kind of insane when you think about it. At the end of March, we had decided we would take our chances here in Panama rather than head back to the U.S. It was …

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Do You Need to Speak Spanish Living in Panama?

If you’re an English-speaker in a country like Panama and don’t speak Spanish well, you’ll find yourself saying things like this quite a bit to strangers: ¿Habla usted Inglés? or ¿Hablas Inglés? Both sentences are asking “Do you speak English?” with the first being a little more formal. Either iteration tends to get the point across though… you don’t speak Spanish well and you’re praying the other person does. Generally here in Boquete, Panama, the response will be “no”… and …

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Personal Finance for Kids... Here's a Way to Teach 'Em!

Personal Finance for Kids… Here’s a Way to Teach ‘Em!

lt seems to be a relatively common discussion in the community here that we need some better education when it comes to personal finance for kids. The problem is that most schools don’t build this into the curriculum. Kids end up graduating from school more academically prepared but not financially prepared. That’s a huge problem. Personal finance for kids needs to be a pillar in our educational system. Not knowing even the basics such as the magic of compound interest …

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My Test Run of Medical Service in Panama Went Awry

My Test Run of Medical Service in Panama Went Awry

Living in a foreign country means it’s in your best interest to learn the ropes. One of those ropes I wanted to become familiar with was the medical service in Panama. I wanted to see how things flowed and have an idea of costs that were involved. I wanted to know what happens when you need to go to the hospital here. If an emergency should happen while we’re here, being a little familiar with how things work here could …

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