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Would you move to an overseas city if it only cost $40k a year to live?
CNBC wrote an article about five overseas cities where you could have a comfortable retirement for $37,000 a year.
Miranda, Joe, and Linda talk about the things one would have to leave behind but also the benefits of moving to a different location that doesn’t only have to do with money.
Pros and cons of moving overseas:
- The internet makes it easy to connect with anyone almost anywhere in the world
- In some locations, the internet isn’t always accessible or reliable
- Many overseas locations have better weather conditions
- Some countries have areas with greater concerns for security
- The cost of living can be much cheaper
- You need to be concerned with the availability and cost of healthcare
We also go over the things you need to consider having in place before moving.
Links:
CNBC article: https://www.cnbc.com/2018/09/14/retire-on-37000-a-year-in-these-five-overseas-cities.html
Our show sponsors
Today’s Panelists
Miranda Marquit | Planting Money Seeds
Linda P. Jones | Be Wealthy and Smart
Joe Saul-Sehy | Stacking Benjamins
For a quick bio of each of our show participants, head on over to our panelists’ page.
Send us your questions for a future Listener Letters episode
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