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- Jeremy Teitelbaum, 56, moved from California to Colombia for a more affordable retirement.
- Rising living costs in the US are driving many retirees to seek cheaper options abroad.
- Teitelbaum’s $3,423 monthly pension covers his expenses in Pereira, Colombia.
To Jeremy Teitelbaum, the weather in Pereira, Colombia, feels like “eternal spring.” The 56-year-old never gets tired of the cool breeze, light rain, and reliable sunshine.
Teitelbaum moved to the city about a year ago. After a health scare, he left his career as a speech communications lecturer in San Luis Obispo, California, and chose to move abroad .
“I don’t think there really is anything about the US that I miss,” he said…