Advertisement

Recommendations and Conclusions

  • Philip D. SloaneEmail author
  • Sheryl Zimmerman
  • Johanna Silbersack
Chapter
Part of the International Perspectives on Aging book series (Int. Perspect. Aging, volume 27)

Abstract

Twenty-five years ago, anthropologist Leonard Plotnicov proposed that medium-sized cities in Mexico, because of their pleasant climate, charming historic buildings, relative peacefulness, recreational opportunities, and low cost of living, could improve their economies by becoming retirement destinations for older persons from the United States and Canada (Plotnicov 1994). Since then, retirement has become a multi-trillion-dollar industry (McGrath 2018), and retiree-related spending has become an increasingly large component of the economies of many countries, including the United States (Levanon et al. 2018). As we noted in Chap.  1, the actual size of international migration is difficult to judge, but at minimum is in the millions. Still, as of now, Plotnicov’s vision is but a partial reality, as immigrant retirees are a minor economic force in Latin America and only in a modest number of its communities.

References

  1. AARP. (2011). About continuing care retirement communities. https://www.aarp.org/caregiving/basics/info-2017/continuing-care-retirement-communities.html. Accessed 29 July 2019.
  2. Aveleyra, A. (2017, October). San Miguel de Allende, Point of No Return. Lokkal Magazine San Miguel de Allende. https://www.lokkal.com/sma/magazine/2017/october/alberto.php. Accessed 29 July 2019.
  3. Bringas Rábago, N. L. (1999). Politicas de desarrollo turístico en do zonas del pacifico mexicano. Región y Sociedad, 11(17), 3–51.Google Scholar
  4. Hudson, S., Fung So, K. K., Li, J., & Cárdenas, D. (2019). Persuading tourists to stay – Forever! A destination marketing perspective. Journal of Destination Marketing & Management, 23, 105–113.CrossRefGoogle Scholar
  5. Levanon, G., Anderson, B., Cheng, B., & Steemers, F. (2018). The impact of demographic trends on US Consumer Spending. New York: The Conference Board.Google Scholar
  6. McGrath, C. (2018, June 21). U.S. retirement assets at $28 trillion in Q1, little changed from end of 2017. Pensions & Investments. https://www.pionline.com/article/20180621/INTERACTIVE/180629958/u-s-retirement-assets-at-28-trillion-in-q1-little-changed-from-end-of-2017. Accessed 29 July 2019.
  7. Peddicord, K. (2016, February 10). The pros and cons of retiring in a tourist town. US News Money. https://money.usnews.com/money/blogs/on-retirement/articles/2016-02-10/the-pros-and-cons-of-retiring-in-a-tourist-town
  8. Plotnicov, L. (1994). El atractivo de las ciudades medias. Estudios Demográficos y Urbanos, 9(2), 283–301.CrossRefGoogle Scholar
  9. Stallmann, J. I., & Siegel, P. B. (1995). Attracting retirees as an economic development strategy: Looking into the future. Economic Development Quarterly, 9(4), 372–382.CrossRefGoogle Scholar
  10. Teh Cheng Guan, B. (2018). Retirement migration: The Malaysia My Second Home (MM2H) program and the Japanese Retirees in Penang. International Journal of Asia-Pacific Studies, 14(1), 79–106.CrossRefGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Philip D. Sloane
    • 1
    Email author
  • Sheryl Zimmerman
    • 1
  • Johanna Silbersack
    • 1
  1. 1.University of North Carolina at Chapel HillChapel HillUSA

Personalised recommendations