Dear Friends of Nicaragua,

Thank you for your continued interest in Nicaragua. I write today with some disturbing news. Not about Nicaragua, but about North American Baby Boomers and the state of their retirement funds.

The alarm bells are going off ever since the shocking report released by Ernst and Young in June. Simply put, the report warns of massive shortfalls in retirement savings on the part of many pending retirees. It talks about drastic cut backs in life style and quality of life to ensure than many don't outlive their nest eggs.

In E&Y's words:

Many of the 77 million baby boomers retiring over the next few years will face unprecedented challenges in maintaining their standard of living in retirement.

The analysis finds that almost three out of five middle-class new retirees can expect to outlive their financial assets if they attempt to maintain their current pre-retirement standard of living. To avoid outliving their financial assets, middle-class retirees will have to reduce their standard of living, on average, by 24 percent.

Many Americans will have to reduce their standard of living significantly due to fluctuating investment returns and the probability of spending more years in retirement.

Source: Ernst & Young LLP "Retirement Vulnerability of New Retirees: The Likelihood of Outliving their Assets"

OR NOT! You all have something that most people E&Y is talking about don't have. An open mind. You have considered, or may be considering a retirement in Central America or perhaps Nicaragua specifically. You know that you can actually have a substantially higher quality of life for much less money here and are actively exploring ways to make that happen for yourselves. Because of your foresight, you may not suffer the problems defined by Ernst and Young. So there is good news, but we have to think outside the proverbial box to see it.

Unfortunately, there will be many who accept their fate and live reduced lives in their retirement years. Quite a tragedy considering that there is an alternative. But I have hope. People are resourceful and as they come to grips with the harsh financial realities facing them in a North American retirement, many will look south for relief. When they open their eyes to what you already see, they will discover they can have a fuller, richer life and truly experience the "Golden Years" in a fashion they never imagined possible.

For you, however, timing is critical. The dynamics of supply and demand reward early action. You aware and have the information you need to make a wise and timely decision. Act now and you can be at the front edge of the price curve. For example, oceanfront condos at Gran Pacifica start at $140K. Homes overlooking the 18-hole golf course under construction begin at $160K. These prices make an oceans side retirement dream achievable for the vast majority of North Americans - but they won't last.

But cost of entry is only part of the equation. The more important element is quality of life. Remember, a full time maid and part time gardener will cost you less than $150 per month and dramatically change the way you live. Imagine: no more chores...ever.

And it gets better. You will enjoy all this in a community that stretches over 3 miles along the Pacific coast with over 40 existing homes and condominiums, and over 50 more under construction. Need to watch real-time video of the kids or grandkids back home? No problem. Fiber optic telecommunication to the home makes this a snap. Yes, we've thought of everything that a North American owner would want, everything from the quaint cobblestone streets, to the handmade clay brick sidewalks, to the municipal water systems delivering all the comforts and convenience of back home.

We'd love for you to see the reality with your own eyes. Walk the charming sidewalks of Gran Pacifica and talk to our residents. Take a long stroll down the beach for a magnificent sunset and then return to your ocean side clubhouse and restaurant for a sumptuous dinner of the freshest lobster and seafood you've ever tasted. Fresh because you watched the fishermen take it from the boat earlier that day.

Come visit and you'll see why Gran Pacifica is quickly becoming the premier beachfront resort in Nicaragua. Explore the country and discover for yourself what a wonderful place with warm friendly people this is. Know the facts and draw your own conclusions about the reality of Nicaragua. As more and more of the folks mentioned in the E&Y report wake up to this reality, you'll be glad you acted first.

Enjoy the information packed newsletter with all the regular sections and keep in touch.