D
Duarte
Guest
I'm planning for my early retirement (hopefully) in a few years. Obviously the key to a successful retirement is to be able to have a steady stream of income that would allow you to live the way you want. The way I see it if I retire in the US I will not have enough money to live a confortable life. Fortunately for me I have a great option (The Dominican Republic). I should disclose at this point that I'm originally from there, so my experience may be a little different to other people. I've calculated that I could live extremely comfortable down there with a 36k USD/Year income (as long as you own your house and car). I'm talking about a life without having to sacrifice anything. With this money you can have a maid, gardener, nanny and even a driver if you so desired. The weather is warm all year round. Some of the best beaches in the caribbean. Real state is dirt cheap (100k for a 3000 sf home - depending on where you're buying). Freedom to do whatever you wish, without tons of laws restricting your every move. Lots of great golf and let's not even talk about the women (paradise for the single male)
Not trying to promote The DR as a destination (it may not be for everyone). Just wanted to share my plans with others and hopefully open the eyes of those looking to retire early to alternatives to retiring in the US which would require a great deal of income to maintain a confortable lifestyle.
Not trying to promote The DR as a destination (it may not be for everyone). Just wanted to share my plans with others and hopefully open the eyes of those looking to retire early to alternatives to retiring in the US which would require a great deal of income to maintain a confortable lifestyle.