Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If one wanted to retire at 50 or 55 how much money do you think is going to be required in savings to retire in a country such as Thailand or Ecuador? This assumes that you will get full social security after 65.
A thousand dollars a month would be plenty. You don't have your own car, a nice safe place to rent is easy for maybe $2-300 with all utilities. Learn to cook the local food. or hire a housekeeper part time who will also cook for you, a hundred or two a month. Health and dental care is very cheap, and so is local transportation.
If your money is tight and you don't mind roughing it, you could probably squeeze by for half of that.
I think it also depends on where you live in those countries. In the case of Thailand it would be more affordable to live in the northern city of Chiang Mai than it would be to live in Bangkok. Regardless - 1000-1500 bucks a month is more than enough to live a very decent life including health care costs. The average Thai person subsists on far less than 1000USD per month.
A thousand dollars a month would be plenty. You don't have your own car, a nice safe place to rent is easy for maybe $2-300 with all utilities. Learn to cook the local food. or hire a housekeeper part time who will also cook for you, a hundred or two a month. Health and dental care is very cheap, and so is local transportation.
If your money is tight and you don't mind roughing it, you could probably squeeze by for half of that.
1000 a month in Ecuador would be pretty terrible living.
Save money, buy house and car, then 1000 bucks will be enough
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.