I am pleasantly surprised after I sent out the Zhangshan real estates information to two dozens clients, friends and alumni (both high school and UH) in HK, I have gotten 8 responses back said they have purchased real estates in the Greater Pearl River Delta as their retirement home. These people are not wealthy but all with advance degrees and expect no inheritance from their parents. I guess if you are individually rich with 1-3 millions cash or investments (liquid or fixed), this will not apply to you.

Gary in SF: Agree 100%, I would sell, or rent out by property manager, take equity loan, buy a real villa in Asia with great weather, foods, travel . We all have to remember, like Steve Job says, going to die soon. You can only take love and memory with you. No racism, shot at, mug at, knife at, no need to be concerned with where to park your car, whether to carry firearm with you.

It is very similar to many of my clients and friends lives in Hawaii, San Francisco and Silicon Valley. After they retired, sold their home in the above mentioned areas, pocket 1.5 – 3 millions cash, use about 1/5 million $ to purchase bigger, better and new homes in Las Vegas, Oregan and etc, leaving them 1-2.5 millions for spending money supplement by their Social Security and Personal Retirement plan.

These people made smart financial decisions seems to live a more happier lives than those lives on their pensions only.