What does the retirement abroad look like for an expatriate couple in Ecuador
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- Edd and Cynthia Staton moved from Las Vegas to Cuenca, Ecuador about 10 years ago to make their Pension saving stretch after the Great Recession.
- They have discovered that most aspects of their life are as they would be in Nevada or elsewhere. They said they had more free time now that they were retired, and described Ecuador as having “a slower pace of life”.
- They also said that traveling to visit family and go about their daily life is largely the same as it has always been.
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About 10 years ago Edd and Cynthia Staton from Las Vegas wanted to find a way to afford retirement.
Both had worked in the credit and real estate industries, respectively, and were feeling the sting of the Grand
just when they wanted to think about retirement. They realized they had to find a way to make their money last, but they didn’t want to compromise on the quality of life they had in America.
They discovered an American expat community living in Cuenca, Ecuador, and took a trip to find it in 2009. They moved soon after and didn’t look back.
Living in Ecuador allowed them to enjoy the cultural vibrancy of city life without the accessibility issues they would face in many American cities. Although Cuenca, near the Andes in southern Ecuador, is far from Las Vegas, they don’t feel their everyday life is much different from what it would be in the United States.
“People think this experience of retiring abroad or living abroad is an exotic experience,” Edd told Business Insider. “But everyday life within these walls isn’t much different from what it would be if we were still in Las Vegas or if we were in Paris.”
“There are certainly cultural differences,” he continued. “But we go to bed and we get up, we take a shower and we brush our teeth, we make a list and go to the grocery store, we prepare meals, we wash the dishes, and we wash and dry the clothes. , like everyone . We’re doing it right here. “
They have four grandchildren in the United States, New Jersey and North Carolina. But the Statons say even visiting them isn’t a huge change.
“If we had stayed in Las Vegas, we weren’t going to come and eat roast beef on Sunday. To visit them we would have to get on a plane and travel for hours one way or the other,” Edd said.
They visit the United States often – which they can afford to do frequently as they save on the cost of living.
Even things that are different abroad are not that different
That’s not to say that living in Ecuador is exactly like living in Nevada. But many of the changes they’ve benefited from are somewhat universal for retirees – they have more free time and can just slow down and enjoy life.
“A lot of times we meet up with friends for a long lunch just to catch up and visit, like a couple of hours,” Cynthia said. “We have the gift of time that retirement can give you.”
They live like all other retirees, for the most part – they just do it in Ecuador.
But unlike many retirees who already have friends at home and family nearby, they had to start all over with the move.
“We’ve spent a lot of time building our community here, figuring out how to make a living here, and establishing some kind of routine and normalcy,” said Cynthia. “And it all takes time.”
They have also changed the way they travel.
“We have adopted a walking lifestyle,” said Cynthia. “So when you take your car off, everything takes longer because you are walking to and from whatever you’re doing.”
Although it took a little getting used to, they have learned to adjust to their new lifestyle in Ecuador.
The Statons, who run a website and blog to teach others about retirement as expatriates, found that Ecuador offers them “a slower pace of life and no financial stress”. Their lives are both very different from what they used to be – but incredibly similar.