Quote:
Originally Posted by DBS.US
With taxes and health insurance costs, I think you need a little bit more money then that for 50 years  |
Why? You can buy 3 houses, rent them out for 1000 - 2000 euro a month.
That gives you around 4500 USD per month. Not much tax on investments in most countries. You can live in nice cheap country and relax. Here you get around 10% return on investing in houses, that would mean 6000 usd a month.
The health insurances are only that high in the USA. I know nurses that rent out their homes they bought years ago in San Francisco and stopped working cause they can live from it in mexico while renting it out. They make more money renting it out than working and living in SF.
I have for 200 USD an international Health Insurance. A house with swimming pool would cost 800 usd a month.But depends what you want, and your standards. I know many many people that do this and travel the world for years.