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Old 02-23-2017, 01:01 PM
 
35 posts, read 85,774 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
 
7,070 posts, read 16,744,788 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: U.S.
9,510 posts, read 9,087,690 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 85,774 times
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Quote:
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)
11,974 posts, read 25,476,450 times
Reputation: 12187
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: Huntersville/Charlotte, NC and Washington, DC
26,699 posts, read 41,742,544 times
Reputation: 41381
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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