| The World’s Top 10 Retirement Havens and Plan for Life After Retirement |
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Explore news, videos and much more based on what your friends are reading and watching. Publish your own activity and retain full control.They(TM)re cheap, yes, but these overseas spots offer more than that.1. Ecuador It might not seem the world(TM)s top retirement haven, but the editors at International Living say the Republic of Ecuador is the best place in the world to retire to. The cost of living is low and real estate is cheap.According to Dan Prescher, the special projects editor of International Living, and who " for the record " resides in Ecuador, the country affords him the chance to live on the fraction of the cost of living in the U.S. without sacrificing any quality of life. A couple watching their spending here can live well on $800 a month, International Living said. And even if you push the boat out you(TM)ll find it hard to spend more than $1,500.But that(TM)s not all that International Living examined for its 2012 Global Retirement Index. [Read the full article] WASHINGTON (AP) -- There's some bad news for those looking for easy ways to trim Medicare spending. The Congressional Budget Office says two major approaches tested in recent years mostly failed to reduce spending. Nonpartisan analysts looked at experiments that promoted better care coordination for the chronically ill, trying to keep them out of the hospital. They also studied experiments that changed the way doctors and hospitals get paid, rewarding quality instead of volume. A report issued Thursday concluded neither approach reduced spending. Care coordination increased spending in some cases, when added fees for monitoring patients were taken into account. Payment for value only seemed to save money when providers were given a fixed amount and encouraged to use it efficiently. Both approaches are part of President Barack Obama's health care overhaul. [Read the full article] Retirement 6 Surprising IRA Investment OptionsLooking for alternatives1 of 8Find the best CD IRA yieldMost people think of stocks, bonds, mutual funds and the like when deciding where to invest their individual retirement account, or IRA, funds. But you have many other choices.You might want to try a nontraditional approach with at least some of your IRA assets. Saving for retirement can be done via a number of unusual investments, including real estate or a closely held business. Likewise, a physical stash of gold coins may appeal to you if you worry about financial calamity or runaway inflation.Before using your IRA to dabble in investments that are out of the mainstream, however, be aware that along with potential rewards are, in some cases, higher-than-average risks. Nontraditional investments typically are done through what's known as self-directed IRAs. [Read the full article] 
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