21–30 of 254 posts
Turns out the Vietnam war was a savvy retirement plan setup: clear out some space, return to the US to bask in the most generous ROI in history for 30+ years, return to that patch of land that’s conveniently clear now. At least the conquistadors had to live there in the interim years.
literally that land is not cleared well, many land mines are still in the ground, https://www.newyorker.com/news/news-desk/the-vietnam-war-is-...
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…
Just won’t have pho around and lots of snow.
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…
> for about $250,000 in 2011 I can't tell if the LA Times are thinking this sounds cheap or not?
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…
$250,000 is more or less the median price for a house that size in Ames, IA, a university town which regularly shows up on various "Best Places to Live" lists.
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…
Yeah that price is similar for places you can find in the rural midwest US.
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…
Yeah that price is similar for places you can find in the rural midwest US.
Earlier quoted context omitted.
$250,000 is more or less the median price for a house that size in Ames, IA, a university town which regularly shows up on various "Best Places to Live" lists.
No doubt based on that recommendation Ames is a great place to live, but you're still in the American healthcare system which could financially drain you dry from one major medical incident. The article specifically mentions cheap healthcare as the other draw besides cheap cost of living.
Max out-of-pocket for insurance plans now is very reasonable. If you can afford a $250k house, you can afford the max out-of-pocket cost for many many years.
There's also a desire to try to make daily costs of living stretch more and many retired people will find themselves retiring to rural environments. However, those places may also be very far away from the kind of emergency medical care that's likely to be needed.
The intersection of decent cost of living, close to medical facilities, high quality medical establishment, and affordable medical care leaves not too many places in the world.
At the moment, my wife and I are considering retiring to South Korea (not Seoul) or Japan (not Tokyo) since those seem to be places with that rare intersection. I'm sure some places in Western Europe may also qualify.
Earlier quoted context omitted.
No doubt based on that recommendation Ames is a great place to live, but you're still in the American healthcare system which could financially drain you dry from one major medical incident. The article specifically mentions cheap healthcare as the other draw besides cheap cost of living.
I don't really understand this. Max out-of-pocket for insurance plans now is very reasonable. If you can afford a $250k house, you can afford the max out-of-pocket cost for many many years.