lol, fuck Guatemala... rather goto an island like Puerto Rico or something...
6 Cheap Places to Retire Abroad
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Not sure if serious. How could having another income stream possibly be the worst advice?
Having been out of the USA for almost 10 years now, I've seen my fair share of expats who have had to give up their dreams of living overseas and go home. The #1 reason... Money.
No one takes exchange rates and currency fluctuations into account when moving. Huge mistake unless you simply make more money than you can ever spend in your lifetime. Some people have that luxury, most do not.
Guys who earn locally and earn from back home seem to be the guys who stay. Guys who only get paid via their pension based on their currency back home, those are the guys who usually have to throw in the towel. Not all of course, but I've seen it happen a lot. It all stems from poor planning, not protecting themselves financially, and believing stories like this Yahoo rubbish.
Right now I see lots of guys from Europe having to leave Asia and go home. They can't keep up with local inflation in strengthening of the local currency. It was great while it lasted but they didn't think it through, so now they have to go home. Tough luck.Comment
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I have lived all over the world - 1st, 2nd and 3rd world - Having a consistent income is essential.Not sure if serious. How could having another income stream possibly be the worst advice?
Having been out of the USA for almost 10 years now, I've seen my fair share of expats who have had to give up their dreams of living overseas and go home. The #1 reason... Money.
No one takes exchange rates and currency fluctuations into account when moving. Huge mistake unless you simply make more money than you can ever spend in your lifetime. Some people have that luxury, most do not.
Guys who earn locally and earn from back home seem to be the guys who stay. Guys who only get paid via their pension based on their currency back home, those are the guys who usually have to throw in the towel. Not all of course, but I've seen it happen a lot. It all stems from poor planning, not protecting themselves financially, and believing stories like this Yahoo rubbish.
Right now I see lots of guys from Europe having to leave Asia and go home. They can't keep up with local inflation in strengthening of the local currency. It was great while it lasted but they didn't think it through, so now they have to go home. Tough luck.
You can not and will not live 'like the locals'...
Being poor in your own country is a lot different from being poor in a strange country...Comment
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Absolute truth.
I see too many guys come to Asia on a shoestring and they literally end up living like a poor local, which can be pretty bad by western standards. Yea, you can live or retire cheap, but at the cost of the quality of your life. Doesn't make sense.
Which brings me back to my first post of having a local business that covers all your expenses so that if _______________ happens, you're covered and don't have to live in poverty or go home. There are a lot of business opportunities abroad if you keep your eyes open.Comment
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dude the US $ lost half of its value in the last 10 years compared to local currencies...
i used to get 1200 euros for 1000$
now I get 768 euros for 1000$
thats 432 euros or 560$ difference in buying power on 1000$....
his advise was actually very good...americans have waaay to much faith in their currency
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I like how the entire thailand paragraph this barry character talks about this and that is cheap blah blah but "forgets" the most important reason why he retired there..we all know: if there was no easy availability of cheap pussy barry would not be there...same as majority of single male old guys...Thanks to its weather and low cost of living, Thailand has been on retirees' radars for years, and Chiang Mai is cheap, even by Thai standards.Last edited by adult-help; 05-10-2013, 03:13 AM.Comment
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Would love to retire in Monte Carlo.... Best place ever for me!CURRENTLY CONVERTING AT 1:55, TRY US!
We film real people doing what they do best... Your friends and neighbors having sex for all the world to see.
PROMOTE PRIVATE SOCIETY AND MAKE $$$ 1:55 CONVERSION RATE
ICQ: 658501707
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