Cynthia:Â Weâve had several subscribers write to us asking if living abroad still makes sense with everything going on in the world right now. I think itâs a really valid question that we should talk about.
Edd:Â I agree. Even after five months of this pandemic thereâs so much fear and uncertainty. A lot of times when people are trying to process those extreme emotions they tend to kind of shut down.Â
C:Â Yeah. When youâre not sure what to do the easiest choice is to do nothing.
E:Â Exactly. I think the key words you said are âright now.â It doesnât feel like it, but coronavirus isnât going to last forever. And, of course, everyoneâs hoping for a speedy economic recovery.
C: Â But what if that doesnât happen? There were concerns about retirement savings pre-pandemic. With the stock market fluctuations and massive unemployment Iâm sure a lot of people who believed they were in good shape arenât so sure anymore.
E:Â Weâve been longtime cheerleaders for living abroad as a solution, an...
Cynthia:Â It was so great to hear from readers this week about how things are going in their areas. Some even sent photos!
Edd:Â And we were really appreciative of those who asked how weâre faring here in Ecuador.
C:Â Ironically, weâre supposed to be on a 5-week, family trip right now in the States. Specifically in New Jersey, one of the coronavirus hot spots.
E:Â Yep. At the beginning of March we contemplated changing our itinerary and going early when all this craziness started. In retrospect we made the right decision staying put.
C:Â Iâll say. Glad we trusted my intuition. Our countryâs restrictions are more stringent than many places weâve read about, but Cuenca has less than 200 cases in a population of over 600,000.
E:Â You know, since we work from home anyway, our daily life is probably 90% the same as it was before. We just donât get to go out for lunch a few times a week, and we visit the grocery store less often. Who knew we were pioneers in âsocial distancing?â
C:Â Ha...
With coronavirus spreading across the globe, hopefully youâre staying safe and youâve been able to stock up (or at least find) hand sanitizer and disinfectant wipes. Even toilet paper and bottled water are being rationed in many stores. Nobody really knows the extent or duration of this pandemic so itâs prudent to be prepared.
Things are happening at such a dizzying rate that itâs hard to even stay focused on what to do next, so we want to remind you to keep an eye on your future as well.
Specifically, whatâs happening with your retirement savings? Have you even had the courage to check your balances recently? The stock market has been on such a stomach-churning ride that itâs understandable if you havenât. Spoiler alert: the news isnât good.đ
Everyoneâs hoping once this worldwide illness runs its course things will quickly bounce back to normal. But what if that doesnât happen? Do you have a Plan B if youâre close to retirement and your nest egg experiences a slower than expected r...
Cynthia:Â Well, this has certainly been an eventful few days at Casa Staton. Last week we renewed our U.S. passports and this week you had to renew your Ecuadorian driverâs license. As we reported, the passports were a breeze. Why donât you tell our readers about your license adventures?
Edd: Â Iâm thinking âjourneyâ better describes the process of getting a license renewed. But since we have no car here let me first explain why in the heck I have a local driverâs license in the first place.
Confession time:Â I let my U.S. license expire years ago. Oops. Since I still needed to be able to drive (and sometimes rent a car) when we were in the States, getting a license in Ecuador was an easy solution.
C:Â It wasnât that easy. You had to sit in class for two weeks to âlearnâ how to drive in Ecuador!
E:Â Yeah, there was that. And five years later I was back at that same driving school, because the first step in renewing your license is being retested for vision and coordination.
C:Â Not...
Cynthia: Â When you told me youâd read about an expat opening an artisanal food market on Saturday I knew to start making plans for that day.
Edd: Â You bet. The ad promised fresh breads and pastries, cheeses, organic produce, wines, aged meats, and a bunch of other stuff like coffee, honey, homemade chocolates. How could we miss it?!
C: Â Gosh, hearing you rattle off that list makes me think about our early days as expats here in Cuenca. Were we looking for things like aged meat and organic produce back then? Heck, noâwe were sometimes just trying to figure out how to get home!
E: Â The expanded selection of food choices over the years has been amazing. I remember how excited we were when the supermarket first started carrying rotisserie chickens! Now we can buy Heinz ketchup and Grey Poupon mustard, exotic mushrooms, European wines. And places like this new artisanal market can open and make a go of it.
C: Â So off we strolled on a glorious sunny afternoon with blue skies and perfect...
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