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I'm considering binning the rat race asap, which is in 5 years time. I estimate that I will have around 2 grand a month but no more than around 50k capital after selling up. I'm single and fancy living somewhere with a decent climate and where I can get by speaking English to begin with.. Preferably in Europe.
Where could I retire comfortably with around 2000 quid a month? on 12:44 - Apr 24 by borge
Abruzzo region in Italy. Liveable house for £50k, skiing in winter, beach spring, summer, autumn. Just expect lots of bureaucracy and everything to happen slowly. And maybe earthquakes.
Italy - foreigners can buy houses but not cars... Mad place
We moved to the Algarve 15 months ago we rent a one bed apartment with a 30 by 30 ft roof terrace for 500 Euro a month a two bed would be around 700 Euro a month, our bills for Electric gas water and internet cost about 120 Euro a month, eating out which we do several times a week is around 25 Euro with a couple of drinks for the two of us. We have so many friends the local people are very nice and plenty of Irish and British live here so no language problems most of the Portuguese speak some english.
Where could I retire comfortably with around 2000 quid a month? on 12:39 - Apr 24 by bluelagos
Think you need to stay 183 days a year to be resident. Have a google, read it this week, but it was for Brits on retirement Visa. For Brits need an investment for a home.
Not sure what it is for Europeans. But I do know Portugal is more Brit friendly than Spain at the moment. Algarve is lovely, as is North coast.
It's called the Non Habitual Residency Scheme and it applies to both EU and non-EU:
Where could I retire comfortably with around 2000 quid a month? on 12:03 - Apr 24 by noggin
Yeah, a friend mentioned Portugal. Would 2k a month work, including rent of a small apartment? This would only be for 7 years or so and then I will get my UK state pension in addition, which is presently around 6k a year. I have Irish citizenship so no problems there.
I don't / haven't lived there, but I really think it would - depending on your target level of lifestyle of course.
I would definitely join / have a look at this expat group if you're interested. The guy who runs it has uploaded loads of incredibly useful documents about living in Portugal (I was seriously considering it before 2nd Wave): https://www.facebook.com/groups/265570920476558
Brother lives in Kas, on The coast, eastern Turkey. Maintains a motorhome , which he uses for long meandering trips home, plus motorcycle...things nothing of getting on his bike for 100 mile drive in the interior.
Been there a few years now, even speaks the lingo. He purchased a derelict farm house in land from Kas and did it up.
Where could I retire comfortably with around 2000 quid a month? on 12:43 - Apr 24 by Pendejo
Using your parameters;- £2k pm, £50k capital, climate, no language problems, single person, Europe
Without having visited them would go with suggestions of Cyprus and Malta due to climate and "English" language used widely. But as for how far your money goes...?
Really like the camper van idea, may well do that myself. But would imagine that it's attractiveness wains after a while.
Outside of Europe - Lagos has suggested Africa, Lucan Thailand.
May I put forward Colombia? £50k = 250million COP and should buy a decent place: town, country or suburb
For £2k a month in Colombia you could enjoy the lifestyle of £8k a month in the UK Plenty of places with a good climate (avoid Bogota) Whilst not widely spoken many are keen to learn English as they want to live in USA
As for single life 2m 28s
I know where to get it if you want it...
South America is an excellent call if you speak or are happy to learn Spanish.
I really liked Patagonia, but would be cold as in winter. Peru and Ecuador both nice. Bolivia dirt cheap but much less developed.
Cartagena is lovely but prices very pricey for digs. Medellin ticked a lot of boxes, genuinely lovely which surprised me given its history. Fair to say there's some serious eye candy in Colombia :-)
Where could I retire comfortably with around 2000 quid a month? on 12:58 - Apr 24 by Wacko
I don't / haven't lived there, but I really think it would - depending on your target level of lifestyle of course.
I would definitely join / have a look at this expat group if you're interested. The guy who runs it has uploaded loads of incredibly useful documents about living in Portugal (I was seriously considering it before 2nd Wave): https://www.facebook.com/groups/265570920476558
Where could I retire comfortably with around 2000 quid a month? on 12:39 - Apr 24 by urbanblue
I mean seriously, where could you even get a soapy?
Brilliant Lucan!
I know Thailand pretty well as I had a mate who lived in Patong who I visited regularly. Through him I got to know lots of the local Brits and heard some stories I tell you. Constant tales of Brits being ripped off and losing everything. I knew a number of ex pat bar owners who had constant hassles from the Thais. Both the authorities and local gangsters. Then there was the fact that nearly everyone had such a severe drink problem they were only just functioning. My mate used to always say that you had to have your wits about you as life was so cheap there.
On saying that my mate used to have threesomes til he got bored with it. I'm convinced that he moved on to ladyboys but he denied it.
He was going to leave Patong in search of a quieter part of Thailand but he sadly died suddenly of a heart attack at 59 a couple of years ago.
I completely get that. If I were to move over there the first thing I would do would be to get friendly with either the local mob or the chief of police. I am a complete idiot in many ways but I have a skill of ingratiating myself with the necessary people. I have the number of the head of the Hong Kong police in my phone and when I was in El Peurto de Santa Maria a while back it took me one hour to score a bag of Chang and that was from the Mayor!
Anyhoo - yes, when I used to go for a morning / late evening beverage in Pattaya I invariably ended up speaking with an ex pat with alcoholic hands. My mate Barry who was at one time a very big wheel with BP ended up living in Pattaya, he was the straightest bloke you could meet, a bit of a square - but he just got bored with shagging and ended up on the crystal meth and died about 5 years ago.
Retirement must be difficult, I tried it in 2008 but realised I would run out of money pretty sharpish. It got a bit ridiculous, wife and I were drinking all day watching the boxset of Frasier and then going to The Brickies. I remember my daughter getting angry and describing me as Frank Gallagher with money.
How's the teezy weezy business by the way?
“Hello, I'm your MP. Actually I'm not. I'm your candidate. Gosh.”
Boris Johnson canvassing in Henley, 2005.
Where could I retire comfortably with around 2000 quid a month? on 13:06 - Apr 24 by bluelagos
South America is an excellent call if you speak or are happy to learn Spanish.
I really liked Patagonia, but would be cold as in winter. Peru and Ecuador both nice. Bolivia dirt cheap but much less developed.
Cartagena is lovely but prices very pricey for digs. Medellin ticked a lot of boxes, genuinely lovely which surprised me given its history. Fair to say there's some serious eye candy in Colombia :-)
The wife and I are likely to head for the area around Guatape, Antioquia
Where could I retire comfortably with around 2000 quid a month? on 12:29 - Apr 24 by The_Last_Baron
Algarve is hard to beat. Use your 50k to pay the bulk for an apartment (you'll get something decent for 80k) and enjoy life on your 2k a month.
Weather always good, people friendly and it is relatively cheap to live when compared to the UK.
House prices are still going up in Portugal I would buy it I could get an apartment for 80k a one bed in a decent location start at around 110 thousand euro.
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Where could I retire comfortably with around 2000 quid a month? on 13:18 - Apr 24 with 2653 views
Where could I retire comfortably with around 2000 quid a month? on 13:10 - Apr 24 by Lord_Lucan
I completely get that. If I were to move over there the first thing I would do would be to get friendly with either the local mob or the chief of police. I am a complete idiot in many ways but I have a skill of ingratiating myself with the necessary people. I have the number of the head of the Hong Kong police in my phone and when I was in El Peurto de Santa Maria a while back it took me one hour to score a bag of Chang and that was from the Mayor!
Anyhoo - yes, when I used to go for a morning / late evening beverage in Pattaya I invariably ended up speaking with an ex pat with alcoholic hands. My mate Barry who was at one time a very big wheel with BP ended up living in Pattaya, he was the straightest bloke you could meet, a bit of a square - but he just got bored with shagging and ended up on the crystal meth and died about 5 years ago.
Retirement must be difficult, I tried it in 2008 but realised I would run out of money pretty sharpish. It got a bit ridiculous, wife and I were drinking all day watching the boxset of Frasier and then going to The Brickies. I remember my daughter getting angry and describing me as Frank Gallagher with money.
How's the teezy weezy business by the way?
Mate of mine, bit of a legend, ran a Lagos pub for 20 years into his 60s. Planned his retirement to Thailand, used to wax lyrical about the attractions and the cost of living.
He sorted a place, popped back to Lagos to tie up a few loose ends. Died in the airport leaving :-(
Point being, if you are always putting off things, they might never happen. Why wait til you can get the perfect retirement? If you can afford to retire, why not?
Making do, with housing, income, lifestyle, without the hassle of working, sounds good to me :-)
*Coming up to 6 years retired with no desire to work again :-)
We are going to Spain In 2 years time. looked at all of Europe but weather cost of properties and cost of living are best. bit harder than Portugal to get into financially but we will have more than enough on cash rather than monthly income. if you need to chat PM me and will let you know what we have found out
Where could I retire comfortably with around 2000 quid a month? on 13:18 - Apr 24 by bluelagos
Mate of mine, bit of a legend, ran a Lagos pub for 20 years into his 60s. Planned his retirement to Thailand, used to wax lyrical about the attractions and the cost of living.
He sorted a place, popped back to Lagos to tie up a few loose ends. Died in the airport leaving :-(
Point being, if you are always putting off things, they might never happen. Why wait til you can get the perfect retirement? If you can afford to retire, why not?
Making do, with housing, income, lifestyle, without the hassle of working, sounds good to me :-)
*Coming up to 6 years retired with no desire to work again :-)
Problem is I love work.
“Hello, I'm your MP. Actually I'm not. I'm your candidate. Gosh.”
Boris Johnson canvassing in Henley, 2005.
Where could I retire comfortably with around 2000 quid a month? on 13:21 - Apr 24 by BanksterDebtSlave
"You ain't seen a lady boy till you've seen a Leitrim lady boy" as the old saying goes.
You may well have met Julian/julie, leitrims finest lady boy. Was originally a bus dwelling battle of the beanfield participating new age type. Arrived with a convoy of bus dwellers 20 odd years ago
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Where could I retire comfortably with around 2000 quid a month? on 13:36 - Apr 24 with 2582 views
Where could I retire comfortably with around 2000 quid a month? on 13:29 - Apr 24 by Lord_Lucan
Problem is I love work.
Said no accountant, ever.
My choice of career definitely makes it easier :-) I said if I ever wake up on a Monday morning thinking I wish I was going to work today, I'd get a job. Hasn't happened yet.
Tbf, if you are lucky enough to have a job you enjoy, am very jealous. Was lucky to work in lots of places and to be well paid, but no way I miss it !
Where could I retire comfortably with around 2000 quid a month? on 13:10 - Apr 24 by Lord_Lucan
I completely get that. If I were to move over there the first thing I would do would be to get friendly with either the local mob or the chief of police. I am a complete idiot in many ways but I have a skill of ingratiating myself with the necessary people. I have the number of the head of the Hong Kong police in my phone and when I was in El Peurto de Santa Maria a while back it took me one hour to score a bag of Chang and that was from the Mayor!
Anyhoo - yes, when I used to go for a morning / late evening beverage in Pattaya I invariably ended up speaking with an ex pat with alcoholic hands. My mate Barry who was at one time a very big wheel with BP ended up living in Pattaya, he was the straightest bloke you could meet, a bit of a square - but he just got bored with shagging and ended up on the crystal meth and died about 5 years ago.
Retirement must be difficult, I tried it in 2008 but realised I would run out of money pretty sharpish. It got a bit ridiculous, wife and I were drinking all day watching the boxset of Frasier and then going to The Brickies. I remember my daughter getting angry and describing me as Frank Gallagher with money.
How's the teezy weezy business by the way?
Ticking along thanks mate.
Life all a bit mundane and missing travel which is so much of my life. God knows when Australia is going to open up again and we'll be allowed out. Not for a long time I would guess. This thread is just wheting my appetite ...
Hope you and yours are good.
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Where could I retire comfortably with around 2000 quid a month? on 14:12 - Apr 24 with 2514 views
Where could I retire comfortably with around 2000 quid a month? on 13:18 - Apr 24 by bluelagos
Mate of mine, bit of a legend, ran a Lagos pub for 20 years into his 60s. Planned his retirement to Thailand, used to wax lyrical about the attractions and the cost of living.
He sorted a place, popped back to Lagos to tie up a few loose ends. Died in the airport leaving :-(
Point being, if you are always putting off things, they might never happen. Why wait til you can get the perfect retirement? If you can afford to retire, why not?
Making do, with housing, income, lifestyle, without the hassle of working, sounds good to me :-)
*Coming up to 6 years retired with no desire to work again :-)
Coming up to two years for me. The work itself was really interesting, had a stressful time for the last two years. I stayed longer than I intended because it was worth a good chunk of money to do so and there was an element of ego and challenge too.
Mistake really and my advice to anyone, include a chum whose umming and aaaring at the moment, is finish as soon as you can. There hasn’t been one day since I stopped where it hasn’t felt a bit like a holiday. I’ve no desire to work again whatsoever.
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Where could I retire comfortably with around 2000 quid a month? on 14:14 - Apr 24 with 2507 views
Where could I retire comfortably with around 2000 quid a month? on 14:12 - Apr 24 by Churchman
Coming up to two years for me. The work itself was really interesting, had a stressful time for the last two years. I stayed longer than I intended because it was worth a good chunk of money to do so and there was an element of ego and challenge too.
Mistake really and my advice to anyone, include a chum whose umming and aaaring at the moment, is finish as soon as you can. There hasn’t been one day since I stopped where it hasn’t felt a bit like a holiday. I’ve no desire to work again whatsoever.
This is my thinking. I could work a few more years and have a slightly better pension but I'm tired of working. I have a great job but it gets more stressful every day. It's a cliche but one that runs true, that you don't meet many old paramedics (as we are called now) I have known plenty who passed away while still on the job. I am now the oldest person at my station and that is what has got me thinking about retirement. I'm lucky that our retirement age here is 60 and so I just have to get through the next 5 years.
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