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Reply to "Can I retire in a low COL country with $500K?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Check out the leanfire and expatfire subs on reddit. $500k would be extremely lean, but if you let it compound for a few more years, it's possible. [/quote] Possible, maybe. A good idea? Probably not. Living one unexpected expense away from bankruptcy hardly seems like a recipe for a rewarding and comfortable retirement. Spend less, save more. [/quote] What if I’d rather live large in a third world country than live frugally in America?[/quote] The Baltics are not third world. Living on countryside is extremely cheap. [/quote] unless something drastically changes here in the US, medical care alone could wipe OP out, and the cost of medical care isn't that much cheaper in rural areas. Rather, it's harder to get medical care in rural areas.[/quote] You kidding us all, right?![/quote]
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