Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Hi I am confused!
Old 09-02-2013, 03:42 PM   #1
Confused about dryer sheets
 
Join Date: Aug 2013
Location: Miami
Posts: 5
Hi I am confused!

I will reach my full retirement age in 1 year. I want to move out of USA where cost-of-living is lower but I don't know where to start. I am a single female and certainly want to live somewhere safe and relatively close to US. Any suggestions?

__________________

__________________
eidel1948 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-02-2013, 03:46 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,632
If you live in Miami now, there are loads of places in the US where cost of living is lower. If you give us some idea of what your budget categories run to now (housing, food, healthcare, etc.), you might be able to get good suggestions.

Many people who think about becoming an expat aren't aware of all the ramifications, and it's often a better idea to just move within your own country.
__________________

__________________
braumeister is online now   Reply With Quote
Old 09-02-2013, 06:04 PM   #3
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,492
After spending half my life in South America and then South Florida, it is often hard to tell the two apart.

Just joking.

Perhaps you can tell us a little about yourself so we can help. If full retirement age includes Medicare eligibility, there are many options in the US, including Florida, for lower cost of living.
__________________
MichaelB is offline   Reply With Quote
Old 09-02-2013, 06:13 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,983
While I have been lucky to travel a lot and live in other countries, I don't have first hand experience in the lower COL places that typically attract expat US retirees. There are many online sources though as you probably know, here is just one (not researched) Expat's Manual : Expats Living Abroad : Expat Info Desk
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 09-03-2013, 12:50 AM   #5
Recycles dryer sheets
Larro Darro's Avatar
 
Join Date: Jul 2013
Location: Altha
Posts: 161
Welcome to the forum from NW Florida.

Living in Miami would be good training for Latin America. But if you want to live in the south, move north about three hundred miles. It would be cheaper and safer.
__________________
Make good money, five dollars a day.
Made anymore, I might move away.
Larro Darro is offline   Reply With Quote
Old 09-03-2013, 06:49 AM   #6
Full time employment: Posting here.
Badger's Avatar
 
Join Date: Nov 2008
Posts: 829
I spent about 5 years trying to determine where to live that would be less expensive than where I am now. Of course there were other considerations too like climate, proximity to military bases and colleges/universities, housing cost, relative safety, quality medical facilities, and state taxes. We didn't move.

If you like Florida then try north of Orlando and more inland. Otherwise you might consider some of the southern states keeping in mind state taxes. If you move overseas I can't help you. I've visited and enjoyed a lot of places but nowhere that I would want to move permanently except maybe New Zealand.

Cheers!
__________________
Badger is offline   Reply With Quote
Old 09-09-2013, 04:51 PM   #7
Confused about dryer sheets
 
Join Date: Aug 2013
Location: Miami
Posts: 5
Quote:
Originally Posted by braumeister View Post
If you live in Miami now, there are loads of places in the US where cost of living is lower. If you give us some idea of what your budget categories run to now (housing, food, healthcare, etc.), you might be able to get good suggestions.

Many people who think about becoming an expat aren't aware of all the ramifications, and it's often a better idea to just move within your own country.
Thanks for your answer. I am very much aware of living life as an expat. I have lived and worked in three countries and lived and worked in many states within the US. I have decided to retire abroad knowing pitfalls of living outside of the US. I am only trying to narrow down where I want to live abroad. Warm climate and I would like to keep total expenses below 2,500 US per month.
__________________
eidel1948 is offline   Reply With Quote
Old 09-09-2013, 05:04 PM   #8
Thinks s/he gets paid by the post
sengsational's Avatar
 
Join Date: Oct 2010
Posts: 3,849
Quote:
Originally Posted by eidel1948 View Post
Thanks for your answer. I am very much aware of living life as an expat. I have lived and worked in three countries and lived and worked in many states within the US. I have decided to retire abroad knowing pitfalls of living outside of the US. I am only trying to narrow down where I want to live abroad. Warm climate and I would like to keep total expenses below 2,500 US per month.
I read a book a while back called "How to Retire Overseas (Peddicord)". I'd suggest trying to get that or a similar book from the library.
__________________
sengsational is offline   Reply With Quote
Old 09-09-2013, 05:52 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,906
Quote:
Originally Posted by eidel1948 View Post
....... I want to move out of USA where cost-of-living is lower but I don't know where to start. ...............
Quote:
Originally Posted by eidel1948 View Post
....... I am very much aware of living life as an expat. I have lived and worked in three countries and lived and worked in many states within the US. I have decided to retire abroad knowing pitfalls of living outside of the US. .........
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 09-09-2013, 06:17 PM   #10
Thinks s/he gets paid by the post
timo2's Avatar
 
Join Date: Jul 2011
Location: Rio Rancho
Posts: 1,438
Quote:
Originally Posted by eidel1948 View Post
Warm climate.
So much for my suggestion of Edmonton Alberta

Don't forget there are some new tax laws that I've been hearing expats buzzing about. U.S. Expats Balk at Tax Law, Reconsider Citizenship - WSJ.com
__________________

__________________
"We live the lives we lead because of the thoughts we think" Michael O’Neill
timo2 is offline   Reply With Quote
Reply

Tags
international retirement


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 08:58 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.