How much to retire as upper middle class in cheap countries?

Dec 7, 2019 46 Comments

Low crime urban or suburban neighborhood.

Which country/city?
Single amount?
Wife and one kid amount?

comments

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TOP 46 Comments
  • Amazon / Eng
    Urooj

    Amazon Eng

    PRE
    Synopsys Inc, Adobe, Flipkart
    Uroojmore
    Goa, India. Super cheap, extremely safe except for drunk and drive. Cheap booze the tax is low.
    Lots of foreigners especially Russians stay for long periods. Nice beach, breathtaking landscape.
    Dec 7, 2019 23
    • E*Trade / Finance cbEV72
      There are not many places with nice weather in developed countries. Southern coastal USA and places like Portugal or Italy
      Dec 7, 2019
    • Microsoft lowTC.
      India has amazing doctors,
      Dec 7, 2019
    • Amazon / Eng OlAl28
      @etrade, because I fucking hate "affluent people". Retiring near them sounds like my idea of hell on Earth.
      Dec 7, 2019
    • E*Trade / Finance cbEV72
      PG county next to yiur HQ2 is highly recommended then
      Dec 7, 2019
    • Netflix
      grlboss👅💦

      Netflix

      BIO
      boyslave 4 girlboss
      grlboss👅💦more
      Attractiveness level of dudes / girls?
      Dec 7, 2019
  • ByteDance #hustling
    If ur house is paid off then $800-1000 per month in cities like Mumbai, Bangalore, Delhi..
    Dec 7, 2019 11
    • Amazon / Eng
      Urooj

      Amazon Eng

      PRE
      Synopsys Inc, Adobe, Flipkart
      Uroojmore
      Eating outside for 2 people around 1000INR. They go out not very often. Hope this helps.
      Dec 7, 2019
    • Uber
      domosan

      Uber

      PRE
      Google
      domosanmore
      1000 INR for 2 is a pipe dream at a good restaurant in cities like Mumbai
      Dec 7, 2019
    • ByteDance #hustling
      OP said upper middle class lifestyle..plus I haven't factored kids in my calculation
      Dec 7, 2019
    • Facebook / Other
      lovethez

      Facebook Other

      PRE
      Facebook
      lovethezmore
      Under $100 for car and fuel sounds really low. What kind of car did they get?
      Dec 7, 2019
    • Uber
      domosan

      Uber

      PRE
      Google
      domosanmore
      1000 USD without kids is doable for middle class lifestyle if you don’t have to support your kids and the house is paid off. If not, be ready to shell out 1500-2000 USD per month for a 2 bedroom apartment in a good neighborhood in Mumbai.
      Dec 8, 2019
  • JPMorgan Chase / Eng kidintech
    300-350k usd will get you 15-20 years of good living as a single guy in Bucharest, Romania.
    Dec 7, 2019 5
    • Facebook / Other
      lovethez

      Facebook Other

      PRE
      Facebook
      lovethezmore
      Romania was known for super high inflation in the early 2000s. What's it like now?
      Dec 7, 2019
    • Lyft
      Y12GOR402

      Lyft

      PRE
      Joy
      Y12GOR402more
      Why do you care about inflation , you will be holding USDs. Even if you buy a house, its value will follow inflation. local cash holders / pensioners gets hurt, not you
      Dec 7, 2019
    • Facebook / Other
      lovethez

      Facebook Other

      PRE
      Facebook
      lovethezmore
      I care about inflation because real cost of living goes up. This is because developing countries end up being net importers in the long run and things you need everyday from technology to fuel get expensive. Only labor remains cheap.
      Dec 7, 2019
    • New / Eng ssGb03
      Romania is cool along with the rest of eastern Europe, internet there is crazy fast too
      Dec 7, 2019
    • Oracle IQ62g
      OP
      Don't know about Romania specifically, but you can pay in USD across most of Eastern Europe. Makes inflation a non-issue unless the dollar collapses.
      Dec 7, 2019
  • Commvault abcbac
    @ Urooj - they are staying in their own home. I am pretty sure in Bangalore you won’t get a good 2 bedroom less than 400$ a month
    Dec 7, 2019 1
    • Amazon / Eng
      Urooj

      Amazon Eng

      PRE
      Synopsys Inc, Adobe, Flipkart
      Uroojmore
      40000 INR 2 bedroom
      Dec 8, 2019
  • New tiDC23
    Malaysia or Vietnam
    Dec 8, 2019 0
  • New / Sales vgCq77
    Go Turkey and find houses around southern turkey enjoy the sun and beaches. $1000 a month is $200k in nyc.
    Dec 7, 2019 0

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