Can You Afford to Retire in Panama? A Detailed Cost of Living Breakdown

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  • Опубліковано 16 січ 2025

КОМЕНТАРІ • 116

  • @singlewomenretiringabroad
    @singlewomenretiringabroad  26 днів тому +8

    Are you curious about retiring in Panama? In this video, I break down the REAL costs of living here, from housing to food and healthcare. Is Panama the affordable retirement destination you've been dreaming of? Let's find out! Drop your thoughts and questions below-I'd love to hear from you!

  • @MsBlueBox-te9yq
    @MsBlueBox-te9yq 21 день тому +12

    It’s refreshing that you are giving this advice without trying to convince us to pay money to attend your conference, coaching, or expat anything for sale. Makes the message more genuine. Thank you!

  • @arimenabrown1823
    @arimenabrown1823 26 днів тому +17

    I’m moving to Panama City in March ‘25. Started planning a year ago before I realized it was a popular area to retire. Excited to start a new life.

  • @lovelydaye6640
    @lovelydaye6640 27 днів тому +14

    Excellent advice! I love the realness. Speak the truth. Don't need the fluff 💕

  • @angiemo0724
    @angiemo0724 26 днів тому +10

    Great Info! We Seniors don't have time to make costly preventable mistakes. I so appreciate clear straight-forwardness. Thank You!😊

  • @bewellmagazine
    @bewellmagazine 27 днів тому +15

    Safety is a priority as a single aging woman.

  • @bewellmagazine
    @bewellmagazine 27 днів тому +9

    Yes you’re definitely dropping gems!

  • @burgundyjohnson2509
    @burgundyjohnson2509 26 днів тому +5

    Fantastic info I like that you give real insight and information and not a video of a vacation

  • @denisethompson1960
    @denisethompson1960 26 днів тому +4

    Panama is on my short list as a retiree. I get so much insight from your videos. Thank you, loving your energy and honesty.

  • @SharonDacres
    @SharonDacres 26 днів тому +4

    Thanks!

  • @rasaalchemy
    @rasaalchemy 27 днів тому +5

    Excellent and realistic advice, thank you 🙏

  • @kimberlygila
    @kimberlygila 27 днів тому +5

    Hola Maggie and thanks for keeping it real. 😊

  • @Gavinsnana
    @Gavinsnana 3 дні тому +1

    Thank you Maggie, for your candid, authentic, reliable, realistic content. It’s so so very important, I greatly appreciate you and SWRA. It’s sad that many don’t appreciate truth. Truth reigns supreme! I’m thinking that the cost of an attorney to relocate wasn’t included here. Jackie says it’s no more than 2k for a single person. Should I add that to relocation cost? Did you go on a relocation tour well before you actually moved to Panama? How many trips did you make prior to moving? I was thinking about a tour with Panama Relocation in June but after this video, I’m thinking that I should give myself another year, because I want to increase my $ cushion and give my virtual business more time to become solid. So I’m wondering, if I may not be moving for a year should I do the tour as soon as June, or do you recommend that I wait until next year this time? You were certainly talking directly to me when you mentioned the need to get away for my sanity. The idea of a sabbatical is definitely a possibility. Thank you again, what you offer is absolutely priceless. You’re truly a gift. 💝

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  19 годин тому +1

      Hola and thank you for your comment. I did not do a relocation tour as I enjoy the research of finding things out on my own. I visited 3 times before making the move.The tours are helpful for those who have a limited time or those who want a more catered model of getting information...so it's really a personal decision. Waiting until you are in a better financial position is wise. 2K is on the high end to get your visa...Prices are going up because the lawyers are seeing so many of us coming here. The old supply and demand..continue to learn more by watching the videos. If you feel a sabbatical would be helpful...do it...take care of YOU. Thanks for sharing.

    • @Gavinsnana
      @Gavinsnana 19 годин тому

      @ Thank you, Maggie, your response is greatly appreciated.

  • @lynwill9946
    @lynwill9946 27 днів тому +4

    Excellent topic. Thank you

  • @Mavkelley
    @Mavkelley 27 днів тому +5

    Real Talk!

  • @shayjones8867
    @shayjones8867 27 днів тому +3

    I am so glad I watched this! Thank you! I prefer real -real!

  • @gentlebeestar3140
    @gentlebeestar3140 27 днів тому +4

    Great video. Thx.

  • @elizabethnewborn6575
    @elizabethnewborn6575 25 днів тому +1

    Awsome , truthful and and straightforward ifo (: Greatly appreciated sis (:

  • @bewellmagazine
    @bewellmagazine 27 днів тому +3

    Yes I so agree! If it’s affordable.

  • @alouisegamble3002
    @alouisegamble3002 27 днів тому +3

    Thank You so much Maggie ❤

  • @bewellmagazine
    @bewellmagazine 27 днів тому +2

    Excellent video! Thank you

  • @SharonDacres
    @SharonDacres 26 днів тому +2

    Hello Maggie,
    Greetings and thanks again, great content.
    Shelly

  • @Jess-A
    @Jess-A 27 днів тому +4

    Hi Maggie, great content as always. I was wondering if we should budget for immigration lawyer/fees for anything that will come up annually like filing expat taxes or renewing drivers license and taking Spanish lessons too. Okay, keep your chin up and keep smiling. You make me smile and laugh a lot. 💐

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  27 днів тому +3

      Hola.. yes you could and you could use your misc budget line for those items . Great point. Tanks for watching.

  • @powellp25
    @powellp25 10 днів тому

    Good advise!

  • @juliekm6495
    @juliekm6495 27 днів тому +4

    I understand what you are saying.I will be working, because I have to whether I want to or not. I will be leaving the US, but until then I have to work!

  • @NewProfM
    @NewProfM 27 днів тому +2

    100% agree with you.

  • @InesBlanco-xt1tp
    @InesBlanco-xt1tp 27 днів тому +3

    Hola. You can get a senior discount card to ride the Metro and Metro Bus. If you travel to the interior, you have to ask for a senior discount too. Saludos desde Miami. Soy panameña americana

  • @arimenabrown1823
    @arimenabrown1823 26 днів тому +2

    Also, if you still have expenses in the U.S. like life insurance, credit cards etc. add that in your budget.

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  26 днів тому +1

      Great point! Outstanding liabilities, expenses from home should be added and will affect what you can afford here. Thanks for watching and for the feedback.

  • @gailtriplin9785
    @gailtriplin9785 26 днів тому +2

    Thank you !!!

  • @deborahcurtis1385
    @deborahcurtis1385 День тому

    Excellent and commonsense advice!

  • @bewellmagazine
    @bewellmagazine 27 днів тому +2

    Yes stick with our facts!

  • @ella.newsum
    @ella.newsum 5 днів тому

    thank you for the reality check.

  • @bewellmagazine
    @bewellmagazine 27 днів тому +2

    Checking in from Illinois.

  • @yvettewilliams5967
    @yvettewilliams5967 14 днів тому

    I am binge watching your videos as i sip ginger tea with lemon.😃

  • @coletteholder7173
    @coletteholder7173 27 днів тому +3

    Great content, Maggie. I will be in Panama City in May 2025 for my second scouting trip. Do you do private consultations?

    • @msritzydee
      @msritzydee 27 днів тому +2

      I am a retired nurse wanting a 30 min consult. Do you do private chats? Thx 4 the good info.

    • @alouisegamble3002
      @alouisegamble3002 27 днів тому

      ​@@msritzydeeFollowing; semi retired nurse desiring 1:1 consult❤

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  27 днів тому +1

      Ladies...I don't mind speaking with you and answering your questions..just need to secure an appointment

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  27 днів тому +1

      @@msritzydee my pleasure.

  • @yvettewilliams5967
    @yvettewilliams5967 14 днів тому

    Self assessment is vital in order to craft the lifestyle wanted. I retired from Long Island going on 6 years now, near my sister and Neice after divorce.

  • @angelstar7656
    @angelstar7656 27 днів тому +2

    Did I hear you mentioned Costa del Oeste as a place not to live as a single older woman? Oh my goodness! I'm planning to come to you Panama for the month of March as a house sitter for a couple who lives in an apartment there. I'm hoping to take the time there to explore other areas to find the best place for me with an income of $2,500 a month.

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  27 днів тому +2

      @@angelstar7656 no, it's a very desirable area with good sidewalks, a bit pricey but generally safe. Thanks for watching.

  • @hayleterry310
    @hayleterry310 25 днів тому +2

    I alwayzzz njoy & love ❤️ your videos because your really fun and is real talk most of all GREAT INFORMATION, some people get offended and say ignore un call for things, Most people feel your information is important and very much needed,
    I never think you're rattling on , I Enjoy your conversation because sometimes we just talk and it's still fun & good, As always have a beautiful day sis🫠🥰

  • @berlawberlaw1025
    @berlawberlaw1025 24 дні тому +1

    Thanks for the information
    How much it cost you to travel per year.

  • @yvettewilliams5967
    @yvettewilliams5967 14 днів тому

    I live a minimalist’s lifestyle with comfort and joy!😃

  • @sabinamock4799
    @sabinamock4799 22 дні тому +1

    Thank you Maggie. I did not know there were buildings with central air. What area do you recommend I check for central air apartments?

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  22 дні тому +1

      Hola...I know that bldgs on Avenida de Balboa as well as the Marriott residences have central air. This is something a realtor can help you with.

    • @sabinamock4799
      @sabinamock4799 20 днів тому

      @@singlewomenretiringabroad Thank you Maggie.

  • @TheDtfamu89
    @TheDtfamu89 27 днів тому +2

    This was common sense!!!

  • @sandragordon5348
    @sandragordon5348 5 днів тому

    I enjoy everything you said. Think smart and your age and money that you have. I have a question ⁉️ are there big spiders 😢

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  19 годин тому +1

      Hola...I have not seen any. I'm in the city in a high rise. I can't vouch for the interior 😀

  • @RDBean
    @RDBean 8 днів тому

    Better to get to interior, buy & build. House 70% complete after 12yrs(3100sqft) skylink, 6 guard dogs in a safe area, not needed but we love Rotties. 10hectares, 150 lemon trees, sat tv, 2 horses, 2 cows, 80 coffee trees & more. 3 employees. Total per month 3.5k. Lets us put 500 a month into house. We returned 10yrs ago(bride of40yrs fromhere)

  • @yvettewilliams5967
    @yvettewilliams5967 14 днів тому

    I am interested in your traveling😊

  • @sandragordon5348
    @sandragordon5348 15 годин тому

    😂😂😂❤❤ thank you. I'm afraid of them

  • @dorisfields6646
    @dorisfields6646 14 днів тому

    In the building you live in is it expensive?

  • @terryashley4674
    @terryashley4674 27 днів тому +1

    30% of my income will be $577. 😲

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  26 днів тому

      😔

    • @bobbic9868
      @bobbic9868 25 днів тому +4

      That’s okay. Be flexible and check out some other places:). You are not alone:) There is a good place for you!

  • @sandragordon5348
    @sandragordon5348 13 годин тому

    Spider's 🕷️🕸️

  • @juliekm6495
    @juliekm6495 27 днів тому +2

    I love your vlogs! But I think your decision about your dog has nothing to do about growing up. I am quite grown up qne if my dog was still alive she would somehow have come with me on my move. I will find a puppy once I am moved and in place.

    • @antheafearon1632
      @antheafearon1632 27 днів тому +2

      Thank you, thank you & thank you again for sharing your experience & giving clear factual advice.

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  26 днів тому +1

      @@antheafearon1632 it's my pleasure. Thanks so much for watching.

  • @swellbell1
    @swellbell1 20 днів тому

    What are the facebook groups? I should be apart of?

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  20 днів тому

      @@swellbell1 hola.. Just search Facebook for "expats in Panama" and the groups will show up. You can choose the ones you want to join.

    • @swellbell1
      @swellbell1 20 днів тому

      @singlewomenretiringabroad Gracias.

  • @arimenabrown1823
    @arimenabrown1823 26 днів тому +2

    I’m moving to Panama City in March ‘25. Started planning a year ago before I realized it was a popular area to retire. Excited to start a new life.

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  26 днів тому +1

      So happy for you. Thanks for watching.

    • @eugeniebreida
      @eugeniebreida 21 день тому

      I wish I were black/darker skin tone so I could be full fledged part of your on-the-ground community - but, m’lady, sitting up here ‘al Norte’, I’ve gained so much insight and spiritual sustenance listening in these many months to your epic rants ; ) You are so intelligent/articulate/positive, and love all the episodic giggling. - from a skinny ol’gal, shopping the globe for a friendlier vibe and more sensible/fumctional healthcare milieu than the mess we’ve made of it up here in US (stuff of nightmares, imho!)
      Many buckets of Merci’ - g

    • @singlewomenretiringabroad
      @singlewomenretiringabroad  21 день тому

      @@eugeniebreida Awww.. thank you so much for watching.

  • @wiseowls117
    @wiseowls117 15 днів тому

    Thanks!