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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 stayed in a town in Mexico that was popular with American retirees for about a month learning Spanish. I made friends with a few. They were very cheap when it came to getting lunch and things like that. So my perception is that they don’t even have a middle class lifestyle in this low cost country. For me it would not be worth it [/quote] I’ve spent a lot of time in Latin America, and by and large North American expats (USA and Canada) are weirdos, outcasts and nobodies who couldn’t make it up north and moved to Latin America basically to exploit the locals and engage in sex tourism. Most don’t even bother to learn Spanish, and yes they’re cheap AF. It’s all rather depressing and disgusting. I cannot stand them, and frankly they embarrass me. [/quote] Wow. I've lived and travelled in Latin America and none of the above has been my experience. I think you must run in a very different crowd than I do. Rest assured, there is more than one expat crowd. [/quote] I'm betting our experiences are different because when you "lived and traveled" in Latin America your crowd was the expat crowd and not the local crowd.[/quote]
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