They ditched America to retire by a lake in Chile on about $3,000 a month — and rarely come back

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They ditched America to retire by a lake in Chile on about $3,000 a month — and rarely come back
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A stable government, low crime, breathtaking scenery ... this couple retired to Chile and aren't looking back

The American couple — who six years ago retired to Puerto Octay, a village on Lake Llanquihue, the second largest lake in Chile — say that their lives as real-estate appraisers and investors in South Carolina used to involve a lot of running around, but those days are long gone.

Indeed, life in Puerto Octay — a village in southern Chile brimming with traditional German-style architecture — often revolves around the breathtaking nature at your doorstep. Locals and visitors alike enjoy the beaches abutting the deep blue lake, as well as a variety of water sports like kayaking, fishing, sailing and swimming.

So when some friends who had a vacation home in Chile invited them to stay there, the Dorchaks jumped at the chance. And what they found, they fell in love with: a stable government, low crime, breathtaking scenery, the ability to live on little money, and “wonderful people who don’t care if your Spanish is miserable,” Jim says. “They will talk to you, anyway.”

They save a lot of money by using solar panels for power, traveling abroad infrequently . And they live frugally. “When we moved here we just tried to simplify life, our needs are not a lot,” says Jim. “We’re off-the-grid homesteaders.”

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