My friends from overseas just got their green cards and are moving to the US. They are in their late 40s, with one kid in high school. The kid is the main reason they are moving to the US. After visiting many cities they have their heart set on SD.
They have about $4 million in savings. They were highly paid professionals in their home country but are unlikely to find full time jobs in the US. If they move here they will have to retire, which means living off savings and paying medical insurance on their own. They plan to send the child to public school and later state college. I don't think they will qualify for SS, but perhaps they are still eligible for Medicare when they reach 65.
So here is the question they want to ask (which I'm asking for them since I don't know enough about SD):do they have enough $ to retire and raise a child in SD?
They have about $4 million in savings. They were highly paid professionals in their home country but are unlikely to find full time jobs in the US. If they move here they will have to retire, which means living off savings and paying medical insurance on their own. They plan to send the child to public school and later state college. I don't think they will qualify for SS, but perhaps they are still eligible for Medicare when they reach 65.
So here is the question they want to ask (which I'm asking for them since I don't know enough about SD):do they have enough $ to retire and raise a child in SD?