Reply to Can I retire in a low COL country with $500K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You can if you live their equivalent of a middle class lifestyle rather than the American version.

When I was in Georgia, I saw a very lovely lifestyle. Amazing food, beautiful cities and countryside, lots of religious events, etc. However, even MC professionals often drive beaters or didn’t have a car at all. Women had few articles of clothing because it was so expensive. It was not uncommon for a woman to repeat an outfit twice in the same week. MC US lifestyle looks luxurious there.

A former coworker retired young (55) and went to Mexico. Culturally everything was fine, but she was blowing through her savings at an alarming rate because she was trying to live like her friends in the US. She had to come back to the US and is now working FT at 68. [/quote]

It’s weird you think not having a car (in a country with excellent public transportation) or wearing the same outfit twice a week is a sign of poverty. 
Only in the US people are shamed if they wear the same stuff more often than some queen B diva thinks is ok.
It’s also ok to wear the same blouse or shirt twice, shocker, I know. And no, it doesn’t mean one stinks [/quote]

I agree, this was such a strange post. I am happy I didn’t grow up with this constant need to impress others with wasteful spending habits. That said, it seems a bit sad to move to far-away countries, without friends or family and retire all alone. I wouldn’t want to do it.[/quote]

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