How to retire on $100,000

[CoinCidental]

you could probably retire in vietnam or thailand and live a comfortable life. in thailand, there are plenty english speakers too, so you'd feel at home.

thailand retirement visa needs to show 400,000thb income a year or you can forget about that
and you need to be over 50 to even apply for thai retirement so that rules out most bitcoiners
here i would imagine

[lolled]

Settle in a different country where cost is low. Problem solved.

[CoinCidental]

Settle in a different country where cost is low. Problem solved.

like where ? 

[fox19891989]

I envy your American citizens, you can buy 2 house in USA. But in China, we can just buy a 40 square meters small apartment with 100000USD in second-tier or third-tier city. If we wanna buy an 100 square meters apartment in Beijing or Shanghai, 1 million USD is minimum, buying a 200+ square meters house or villa we need at least 2 million USD in Beijing or Shanghai, I want to immigrate to the USA, to me USA is heaven

LOL, I know many people in the crypto world like fuck China, so do we Chinese like fuck China too, gasoline costs 1 USD per liter is fucking so expensive(I know in US just costs less than 0.5 USD per liter).

[(oYo)]

I can see how the 100k would cover a proper live burial.

Interesting. So, do you hire someone/corporation and have tubes installed for the delivery food and water and to remove waste for the rest of your life? Sounds terribly uncomfortable. Can you even stream Netflix on your iPhone from 6ft underground? I think I'd rather die, than live out the rest of my life buried in a coffin. 

[sethminer14]

Yeah seriously it just depends on where you decide to settle down.

[mymenace]

and what about future medical expenses


need a lot of money for that

so I think it is near impossible to retire on $100,000

[CoinCidental]

Settle in a different country where cost is low. Problem solved.

like where ?  

I heard Central America is cheap.

Not to mention countries in crysis like Spain. You can get a cheap house there due to recession.

there is a matter of visas if you dont live in another EU country already
its similar to the greencards situation in the US
its not so simple as deciding to pick a country and live there  in most cases

[Stargazer]

Settle in a different country where cost is low. Problem solved.

like where ?  

I heard Central America is cheap.

Not to mention countries in crysis like Spain. You can get a cheap house there due to recession.

there is a matter of visas if you dont live in another EU country already
its similar to the greencards situation in the US
its not so simple as deciding to pick a country and live there  in most cases

Usually it's not hard to get a visa if you have no criminal record. Really easy if you bought property in a given country, because they are affraid only of those immigrants that can't sustain themselves and may turn into criminals or beggars.

[Gronthaing]

There are 18 listings in Flint, Mich., for under $3,000, according to Realtor.com. Some even going as low as $500! Think of the remaining $99,500 you could live off of the rest of yo lyfe!

Not a lot is going to be left after demolishing the house. And then building one to live. Guess they're just selling the terrain, not the house.

[grendel25]

The "you get what you pay for" line comes to mind.  Sure, you can live in some obscure place for cheap.  At lest in NZ you'd usually understand what people are saying.

[ndnh]

...And? You can retire on $10,000 in some places, even $1,000 in others.

Right. Go to Africa.

[Malin Keshar]

Settle in a different country where cost is low. Problem solved.

like where ? 

I heard Central America is cheap.

Not to mention countries in crysis like Spain. You can get a cheap house there due to recession.

there is a matter of visas if you dont live in another EU country already
its similar to the greencards situation in the US
its not so simple as deciding to pick a country and live there  in most cases

Usually it's not hard to get a visa if you have no criminal record. Really easy if you bought property in a given country, because they are affraid only of those immigrants that can't sustain themselves and may turn into criminals or beggars.

they are afraid of terrorist and criminals too. Both usually have ways to sustain themselves.

So I guess let visa wont be so easy, also considering you can travel anywhere in Euro zone with a spanish pass thing

[yummyransom]

It's impossible i think with that amount.
And what if you get serious sick?

Yea! It's very impossible to have that amount.

[GotaPauj]

what do you ultimately plan on doing with your money? is the idea to die living below your means and then give it all away?