Where Should I Retire?: This Ecuadorean city in the Andes has perfect weather — and you can retire there for as little as $1,500 a month

by | Jun 24, 2022 | Stock Market

Bill and Dean Keyes and Chase and Saralee Squires separately say they have found the same retirement spot with perfect weather — temperatures in the upper 60s and low 70s year-round during the day and in the upper 40s at night during the winter (in this case, August and September). Their dream spot is Cuenca, Ecuador, a Unesco World Heritage site. Although its elevation is around 8,500 feet above sea level, you’ll find palm trees and parrots in the country’s third largest city because it’s only about 200 miles south of the equator. 

“If the place you live in doesn’t delight and amaze you every day, you’re doing it wrong. And that’s how I feel about Cuenca,” says Saralee Squires, 61, who retired after working in advertising and later in benefits management. The Squireses were still in their 50s when they left downtown Denver after a search for their international retirement spot that included Costa Rica, Spain, Panama, Belize and Colombia as well as Ecuador.  They settled on Cuenca, where they say they spend about $3,000 a month but add that it’s possible to live there on about half that — a figure the Keyeses agree with. “We don’t spare ourselves anything, and we pay for convenience,” said Chase Squires, 56, who had a career in reporting a …

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