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Title: Time to retire outside the US? Study finds you can live abroad for just $30,000 a year - and here is where you can live on a budget and in comfort
Source: [None]
URL Source: http://www.dailymail.co.uk/news/art ... st-cities-retire-30K-year.html
Published: Jul 9, 2018
Author: Megan Sheets For Dailymail.com
Post Date: 2018-07-09 08:01:01 by Ada
Keywords: None
Views: 258
Comments: 55

A study by International Living identified five places for people to retire on just $30,000 per year

The outlet named, in order, Mafra, Portugal; Cuenca, Ecuador; Central Valley, Costa Rica; Pedasí, Panama; and Phnom Penh, Cambodia

Each city is estimated to cost a single person between $1,150 - $840 per month

A new study has ranked the five best cities to retire in on only $30,000 per year - and none of them are in the US.

Planning for retirement has long been known as a complicated and frustrating endeavor fraught with uncertainty, especially given that the average monthly social security check is only $1,404.

According to the Social Security Administration, more than 40 percent of single adults receive more than 90 percent of their income from that monthly social security check.

A study by International Living has identified the five best places in the world where that check will go far enough to live comfortably.

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Begin Trace Mode for Comment # 32.

#4. To: Ada (#0)

Planning for retirement has long been known as a complicated and frustrating endeavor fraught with uncertainty, especially given that the average monthly social security check is only $1,404.

According to the Social Security Administration, more than 40 percent of single adults receive more than 90 percent of their income from that monthly social security check.

A study by International Living has identified the five best places in the world where that check will go far enough to live comfortably.

First of all,SS was never intended to pay for a retirement in luxury. It was intended to be a life-saver for those of us who due to lack of education or family responsibilities,never had the opportunity or the ability to make a good living and contribute to their own retirement.

I personally know VERY few people over 65 whose entire retirement is based on receiving their SS checks. Granted,almost all of them would be in trouble without it,but it's just the gravy on the main course.

Secondly,WHY the hell would ANYONE want to live in those shitholes? The poor ignorant peasants that do live there dream of being able to escape.

sneakypete  posted on  2018-07-09   9:38:07 ET  Reply   Untrace   Trace   Private Reply  

First of all,SS was never intended to pay for a retirement in luxury.

Secondly,WHY the hell would ANYONE want to live in those shitholes? The poor ignorant peasants that do live there dream of being able to escape.

Well, I live in one of the shitholes, and have no inclination to return to the USA. Why? Well, alluding to your comment, it IS actually possible to live here on an SS check and be almost middle class. The weather is great -- beautiful day today with temps around 80 degrees -- much more comfortable than it likely is where I came from in the USA this time of year. No AC nor heating required any time of year. Lots of fresh produce available year round. We don't have GMO foods, cops are actually decent, ordinary people, and unlike Americans, people here are more responsible as they don't go looking to sue some company every time they are refused service like making a gay cake or do something stupid and get themselves hurt.

No, not paradise, but certainly lots of advantages over USA living.

Pinguinite  posted on  2018-07-09   12:53:36 ET  Reply   Untrace   Trace   Private Reply  

No, not paradise, but certainly lots of advantages over USA living.

I don't see any advantages. You can find nice weather anywhere you go in the US. If it isn't naturally nice,you can adapt to it using AC and heat.

Good luck when you hit the ER in the 3rd World.

sneakypete  posted on  2018-07-09   15:25:40 ET  Reply   Untrace   Trace   Private Reply  

I don't see any advantages.

Well... no GMO's here. Enjoy your cornflakes.

You can find nice weather anywhere you go in the US.

Provided you keep moving seasonally, as some retirees do to their Florida homes.

Where I am, no AC or heat needed 24/7/365. Every day is spring time.

Good luck when you hit the ER in the 3rd World.

I'm more concerned about what happens until that time comes. How's the immortality rate in the USA? hehe

Pinguinite  posted on  2018-07-09   17:49:03 ET  Reply   Untrace   Trace   Private Reply  

#34. To: Pinguinite (#32)

You can find nice weather anywhere you go in the US.

Yeah, that is stinky's biggest whopper of the day -- so far. As far as I can tell, ameriKa is cursed with horrible, extreme weather for a chunk of every year without exception.

You mention "a social life with English speaking fellow Americans". Are there numbers of decent, non touristy, non-tacky US expats in Quito?

NeoconsNailed  posted on  2018-07-09 17:56:19 ET  Reply   Untrace   Trace   Private Reply  

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