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Article: My retirement income is just $16,600 a year, but I want a beach town

Discussion in 'Other News' started by Chinatown, Oct 24, 2020.

  1. Oct 24, 2020 #1
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Chinatown, Oct 24, 2020
    Chinatown, Oct 24, 2020
    #1
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  3. Oct 24, 2020 #2
    Chinatown

    Chinatown Road Train Member

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    Of those listed, I'd go with Panama.
     
    Chinatown, Oct 24, 2020
    Chinatown, Oct 24, 2020
    #2
  4. Oct 25, 2020 #3
    buzzarddriver

    buzzarddriver Road Train Member

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    Pre-planning has a lot to do with where you can accomplish this. Your lodging is the major cost in retirement. If you have no mortgage or rent, your money goes a lot farther each month.
     
    buzzarddriver, Oct 25, 2020
    buzzarddriver, Oct 25, 2020
    #3
    Chinatown Thanks this.
  5. Oct 25, 2020 #4
    Chinatown

    Chinatown Road Train Member

    68,417
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    Henderson, NV & Orient
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    Good advice.
    If a person plans to relocate at retirement, then buy a place well in advance of retirement and rent it out until the day you plan to move there.
     
    Chinatown, Oct 25, 2020
    Chinatown, Oct 25, 2020
    #4
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