Reply to Where could you live comfortably on 80k a year?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP again. I do want to clarify that the 80k is pre-tax. It's a pension.

For context, this is a couple in their late 50s looking at early retirement. They recently sold a business for a nice chunk of change plus have plenty of retirement savings.  They are ready to leave the rat race but they are still young and they'd like to try living in the pension income only until their early 60s. One of them is a writer and wants to pursue that more seriously, the other is unsure but would like to do something similar. They may dip into their reserves for travel, but otherwise they'd like to live somewhat simply, somewhere with a low cost of living, while they pursue their passions. They are willing to try out multiple places. They don't want to live in the DC area (BTDT, plus they feel they will be pressured into a higher cost lifestyle here because of their peers in the area).

I am helping them make a list of possibilities. Schools are a non-issue, but they want a safe, lively neighborhood and be close enough to a decent sized airport to easily travel and be visited. Second bedroom for friends and family. They don't want to pinch pennies too much but are fine living on a budget as they don't have luxury tastes.

Some good options so far! I'd love to know if there are any European cities that seem feasible because, selfishly, I want to visit them there. Someone asked about the health insurance issue -- they've told me they think it would be feasible to get coverage abroad but need to investigate more. They have access to an employer sponsored plan via BCBS and there are apparently options that would work abroad, but I don't know the details.[/quote]

This is silly to retire early without a lot of savings and just a pension.  [/quote]

"They recently sold a business for a nice chunk of change plus have plenty of retirement savings."[/quote]

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