A boomer moved to Panama so her retirement would be more affordable. Now she's struggling to find a job and her dream is slipping away. [Yahoo! Finance]
ZipRecruiter, Inc. Class A (ZIP)
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Source: Yahoo! Finance
She said side hustles like Airbnb, YouTube, and self-publishing have helped her pay the bills. Patty Blue Hayes, 60, moved to Panama from California to save money as she approached retirement age, but unemployment is thwarting her plans. Hayes moved from San Luis Obispo, California to El Valle de Anton, Panama, a town in central Panama, in 2019. Hayes thought Spanish — the country's official language — would be fairly easy to learn and chose the country because it used the US dollar and was "much more affordable" than California . An analysis previously shared with BI by the personal finance site GOBankingRates ranked California third in a list of the most expensive states to retire Hayes also hoped that living in Panama would make her money go further during her retirement years. "I was 55 and knew that my income wasn't going to be sufficient as I got older and eventually retired," Hayes told Business Insider. Hayes is among the Americans who have moved abroad in search of
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- 11/6/24 - Beat
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