Retirement Businesses in Panama |
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| Written by Matt |
| Thursday, 30 August 2007 17:32 |
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It is my belief that no one really wants to retire in the true sense of the word. If you're from North America or Europe, you probably characterize retirement as a relaxing and enjoyable way of passing your years. Essentially the opposite of how you characterize the time before retirement, affectionately termed "the grind".
But it is my belief, that when conventional retirement has arrived, most people don't just want to sit there and do nothing. Developing hobbies is a huge facet of retirement, but what if you could turn your hobby into a business? Whether it's making wine or sculpting furniture or deep sea fishing, Panama offers the perfect canvas on which to draw out your retirement business plan. Point is, if you're active or adventurous or hardworking, "retirement" should be a time in which you should be doing something you truly are passionate about. I like the way Tim Ferris explains how the traditional concept of retirement is seriously flawed. He defines retirement more as insurance against the absolute worst case scenario in which one becomes physically incapable of working, and is in desperate need of a pool of capital in order to survive. He points out that primarily, retirement is based on the assumption that you dislike what you are doing during the most capable years of your life. Second, he reminds us that on a pension/savings, very few people will ever be able to retire and maintain a great standard of living; which makes for a very bittersweet ending. Lastly, he deduces that if everything does work out and you are able to maintain a great lifestyle during retirement, meaning you were ambitious and hardworking during your capable years, you'll probably be bored out of your mind when it comes time to "retire" or quit working. So assuming your ideal retirement to Panama does not consist of sitting on your rocking chair all day, and you do have an interest (whether vital or not) in making money, I have come up with some fun, specialized, and most of all lucrative business opportunities that are desperately needed (and perfectly geared towards the retiree) throughout Panama today. While, for the sociable retirees, many of these opportunities hinge on being close to retirement communities, others would work just fine off in your own secluded piece of paradise.
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Comments (6)
  written by tumolo , November 05, 2007 How about personal training and pilates. Any word on these being popular in panama. Last time I went only saw a few places to even workout in the city. We currently own a Triner2u business where we can go to peoples houses and workplaces. Do you feel there is a need in the city. Thanks for your response.
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 written by Mateo , November 05, 2007 Panama City's just now going through a small "health" craze with the opening of lots of new salad shops and health food stores. Much less in more rural areas where you'd probably be the first in town. There's a nice upper-class population who'd love to be trendy and do pilates: some ideal locations being Punta Pacifica, Obarrio, Casco Antiguo (and maybe later on in Costa del Este). You could even team up with the new flurry of high-end spas making their way into high-end City living...Alex E, can you help her out here???
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written by tumolo , November 05, 2007 Absolutly. We were thinking of having a mega complex, with spa, hair salon, pilates studio, and gym. I was thinking Punta Pacifica, or Costa del Este. Let me know what she is thinking, this level or smaller.
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 written by Alisa , December 16, 2007 Does Panama have retirement communities, such as real estate that is specifically designed for retirees? Are time share properties present in Panama which would allow retired individuals to live in Panama during winter season? Do capital venture groups or real estate investment trusts exist with ongoing retirement community projects?
I am a seasoned business development executive in the retirement community industry. I am seeking contact information with special interest property development groups focusing on the retirement housing and hospitality industry in Panama. I want to form a consulting relationship. Do you think a feasible opportunity exists for these type of consultant services to include market analysis, new venture performas, and marketing campaigns to include the acquisition of advance buy in deposits for new developing projects? Thank you in advance for any guidance or information you can provide. report abuse
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 written by Alison , April 28, 2009 We are an architecture firm that designs Continuing Care Retirement Communities and are interested in working on projects in Panama. I am looking for any developers/ healthcare groups or hospitals that are interested in talking more about opportunity for Senior Living.
I appreciate any help or leads on how to get into this market and provide care facilities for Retirees interested in Panama. Thank you report abuse
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 written by Sandra , July 06, 2009 i dont know who wrote this article but he is misinforming all.
he clearly doesn't know panama as well as he think he does because plenty of the information here is quite false. if anyone wants to compete with the peninsula hotel, the sheraton, the hilton, the trump, or the w hotel that will soon be opening in panama go ahead, but it wont be a retirement savvy way. and can clarify why he is wrong in the rest of the point but i have things to do here in panama, where you can find something to do all the time. report abuse
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| Last Updated on Tuesday, 02 September 2008 11:56 |
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