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Old 01-31-2016, 02:25 PM
 
Location: Ohio
115 posts, read 130,380 times
Reputation: 171

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Wages have gone up about 20% here in Ohio over the past 15 years. Cost of living has gone up 40%. Do the math. We are falling behind and nothing is being done about it.

Another thing. It's not just a wage problem, it's a cost of living crisis as well. Cities like NY and Los Angeles are so expensive you need to be a millionaire to live there now. Things were never like this before. People are being priced into poverty.
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Old 02-01-2016, 12:44 AM
 
7,654 posts, read 5,113,409 times
Reputation: 5036
I have seen the future and there is a good chance I will have to retire out of the country because the US will be so cost prohibitive to live in I will never be able to retire. Will start out where ever my fiance wants to retire and then if I am the only one left I might retire to siberia ... as long as its affordable and I can import what I need.


Quote:
Originally Posted by zie92mg9z View Post
Wages have gone up about 20% here in Ohio over the past 15 years. Cost of living has gone up 40%. Do the math. We are falling behind and nothing is being done about it.

Another thing. It's not just a wage problem, it's a cost of living crisis as well. Cities like NY and Los Angeles are so expensive you need to be a millionaire to live there now. Things were never like this before. People are being priced into poverty.
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Old 02-01-2016, 10:14 PM
 
Location: Tucson/Nogales
23,218 posts, read 29,034,905 times
Reputation: 32621
Quote:
Originally Posted by pittsflyer View Post
I have seen the future and there is a good chance I will have to retire out of the country because the US will be so cost prohibitive to live in I will never be able to retire. Will start out where ever my fiance wants to retire and then if I am the only one left I might retire to siberia ... as long as its affordable and I can import what I need.
Beware of the lowering of the fertility rate around the world and the eventual cost of living in these, currently, low cost countries to retire to.

With the dropping of the fertility rate in Mexico, to 2.2, that alone tells you what?

Cheap countries to retire to, formerly, entailed large families, surplus of workers, and once that goes away.............................................. ...
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