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ratings:
Length:
28 minutes
Released:
May 21, 2018
Format:
Podcast episode

Description

In this episode, Marc covers the steps of relocating abroad and securing the resources for safe and healthy living for his family while running his business full-time.   Key Takeaways: [1:14] Marc welcomes you to Episode 79 of the Repurpose Your Career podcast and invites you to share this podcast with like-minded souls. Please subscribe, share it on social media, write an honest iTunes review, or tell your neighbors and colleagues. [1:46] Next week, Marc will interview Carol Fishman Cohen, CEO and Co-Founder of IRelaunch. IRelaunch is the leader in career re-entry programming. IRelaunch works directly with 40 Blue Chip companies to develop, pilot, source for, present in, and publicize re-entry internship programs and hiring, focusing on those with career breaks. [2:28] In this episode, Marc will talk about the next steps the Millers will be taking in becoming expats in Mexico. But first, Marc announces plans for another “Can You Repurpose Your Career?” series, similar to Episodes 48-51 from October 2017. [2:57] If you would like to go through this process anonymously with Marc on the podcast, please email Marc at Podcast@CareerPivot.com. [3:12] For his new listeners, Marc reviews the purpose for his family’s planned move to Mexico. For the last year, Marc has been chronicling his experiences relating to the move. Marc blogs about it on his website and covers it in his podcast. Listen to episodes 55, 66, and 74 for background. [4:19] Marc’s expat journey began back in October 2016 when he received the 50% rate increase for his Blue Cross/Blue Shield health insurance. Marc and his wife are both in their 60s and self-employed. The Affordable Care Act was not affordable for them, but it did allow them to get insurance. Then came the election and uncertainty about the ACA. [5:16] At the same time, Marc’s sales pipeline completely dried up. By the first half of 2017, Marc’s business was off 60%. Marc and his wife focused on what they could control. Over the years, they had talked about becoming expats, so they decided to do that.[5:57] In the Spring of 2017, they visited San Miguel de Allende, in Mexico. On a trip to Cuenca, Ecuador, Marc’s wife collapsed. Back in the U.S., she went into the hospital. The bills were expensive. Marc started his community membership website then. [6:30] They made their first trip to Ajijic, Mexico on Lake Chapala, the largest lake in Mexico, close to the Guadalajara airport. Guadalajara is the second largest city in Mexico. There are many convenient flights there. You can do just fine in Ajijic without learning Spanish. [7:50] Marc posted a question on the Chapala.com web board looking for an endocrinologist. Within 48 hours he had 28 responses. [8:08] In March, Marc and his wife rented a garage apartment in Ajijic for four weeks. This was $825 for the four weeks. It was close to the main square and the farmers’ market. Their goal was to travel there and behave like they were living there. In four weeks, Marc had lost three pounds with no formal exercising. The food was healthy. [10:06] Marc talks about the next steps. Marc’s wife leaves her job at the end of May, after 15 years. She’s been making $25K working two days a week. [11:11] Marc and his wife want to keep their taxable income this year under $61K. One dollar over that means they would not get ACA tax credits. Your healthcare options for retiring pre-Medicare are getting pretty ugly. [12:15] Marc’s next step is to meet with a Medicare consultant. Medicare does you no good outside the states, but you get a big penalty if you don’t apply at age 65. [12:37] Marc is canceling all their mail catalog subscriptions and magazines. They will rent a house from the end of June through the end of September, halfway between Ajijic and Chapala.You can’t just drive across the border. You need a TIP, or temporary import permit, and your title. You also need Mexican car liability insurance. [14:38] This time they will drive down with a hired driver. [15:32]
Released:
May 21, 2018
Format:
Podcast episode

Titles in the series (100)

Repurpose Your Career podcast brought to you by Career Pivot is a podcast for those of us in the 2nd half of life to come together to discuss how repurpose our careers for the 21st century.  Come listen to career experts give you proven strategies, listen to people like you tell their stories on how they repurposed their careers and finally get your questions answered.   Your host, Marc Miller, has made six career pivots over the last 30 years. He understands this is not about jumping out of the frying pan into a fire but rather to create a plan where you make clear actionable steps or pivots to a better future career.