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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]I don’t know how much money I will have when I retire. But my aunt is retired in one of the most beautiful countries in Europe, definitely 1st world. Healthcare is excellent. She lives on €2200 per month pension and wants for nothing. Cultural amenities are boundless and subsidized. That’s how it’s done.[/quote] Which country?[/quote] Austria. You might not like it but cities are multicultural, international and affordable. [/quote] My IL is retired in the UK and lives on the equivalent of $1300 per month. Not central London, obviously, but not in a rural town, either. When you retire, other than rent/mortgage, the next biggest expense will be healthcare, and US healthcare is the most expensive in the developed world.[/quote]
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