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Old 02-23-2017, 01:01 PM
 
35 posts, read 56,307 times
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I recently have read a couple of articles saying a retired couple can live in Louisville for less than $40,000 yearly. Is it possible to do this and still live in a safe neighborhood? It seems like a stretch for me to believe that.
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Old 02-23-2017, 01:51 PM
 
6,295 posts, read 13,176,543 times
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Quote:
Originally Posted by Bart Burk View Post
I recently have read a couple of articles saying a retired couple can live in Louisville for less than $40,000 yearly. Is it possible to do this and still live in a safe neighborhood? It seems like a stretch for me to believe that.
yes

Louisville was named number one in US for city to retire early in
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Old 02-23-2017, 02:10 PM
 
Location: NOVA
4,521 posts, read 4,972,074 times
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Quote:
Originally Posted by Peter1948 View Post
yes

Louisville was named number one in US for city to retire early in
In which report?

I've never seen two publications list the same cities on any of those " where to retire" type articles. Some of them even mention California as if we want high taxes in our golden years.
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Old 02-23-2017, 04:04 PM
 
35 posts, read 56,307 times
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Originally Posted by johnsonkk View Post
In which report?

I've never seen two publications list the same cities on any of those " where to retire" type articles. Some of them even mention California as if we want high taxes in our golden years.
Business Insider, U.S News ...
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Old 02-23-2017, 05:07 PM
 
Location: New Albany, Indiana (Greater Louisville)
9,583 posts, read 20,456,271 times
Reputation: 9077
I've never made $40k per year and have student loans and I've done fine. You can find reasonable home and apartment prices even on the East End (rich area). You can pay $1,500 in rent or buy a $1 million dollar home but it's certainly not necessary.
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Old 02-24-2017, 03:23 PM
 
Location: Northern VA (for now)
23,000 posts, read 31,942,334 times
Reputation: 30377
I did it on $27k a few years back. If you are willing to live in an older place, very doable on $40k.
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