Retire Here On Just Social Security

Published 2024-06-07
Retire here on just social security.
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We break down what it would look like if you retired on social security now using the current numbers released. We will share what your accommodations would look like and what you can expect your life to look like while living abroad on social security.

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All Comments (21)
  • @bobhale8325
    You have the best information and that mekes dreaming seem more of a reality.
  • @gg13308
    I was in KL for 2 weeks in March, the heat and humidity were hard for me. I love wandering around outside. But in Vietnam it was cooler in March. I was able to walk around. I never thought I would be that far from the US, but I will be looking at returning to Vietnam next year and staying a little longer. I love it there. I too was in colombia, love the people and yes, spanish is a must. I have survival spanish. I did not go to the coast, but I plan to explore more of the country this fall
  • @rhett-BA-Lit.
    If you fly anywhere in Asia from the US, I recommend you go business class if possible. It's a long flight. If you book at least two, three months in advance you can keep the cost down. It's usually less expensive if you fly out of an airport on the West Coast instead of inland, but that can vary. That also makes for a shorter flight. Based on what I've seen, Asian carriers are less expensive, just like with everything else: cars, electronics, watches, and so on.
  • @lindadorman2869
    Malaysia is a great place to live on a tight budget. but it's not enough to qualify for a long-stay visa. The MM2H retirement visa programs in peninsular (Western) Malaysia, Sarawak and Sabah all require steep fixed deposits into a Malaysian bank and/or property investment plus a minimum required monthly income. However, you can usually stay up to 90 days on a social visit pass once a year, maybe twice if the immigration agent is amenable. Haven't seen a solution on how to live in Malaysia year-round.
  • @LoriLWorden
    I love that Columbia is on the same time zone as New York!
  • @adelbri
    love you guys 💞 Walking the talk. Legends.
  • So excited to watch this. My 5 year plan comes to fruition Oct 2025 and I am on track! Wahoo. Mérida Mexico is my retirement destination. Can't wait.
  • @MargretRoberts
    Thank you Allie and Rob! Another awesome and informative video! I am seriously considering Thailand for 2025
  • @tedjohnson4451
    Mid-October 2024: I'm headed to Cebu City in the Philippines for a Six Month, Post-Retirement Vacation. $2k Budget, with a $1k Monthly "Pad". By April 2025, I will decide where to go next. I could take another full time job in the US, do some type of part time Digital Nomad work or just relax on a Pool Deck somewhere.
  • @kathyoliva6966
    Really enjoy your videos and learn so Much ❤️❤️❤️
  • @CJ-Photo
    Unfortunately, you also need to take taxes into consideration if you want to be a resident. Portugal has extremely high income taxes - even on low salaries. They tax pension and Social Security. You'll definitely be paying more in tax to live there (above what you're paying in the US). For example, Portugal will tax you 33% on $23k. That reduces your income to only about $1,280/mo as a solo and I don't think you can live on that there or it would not be a good life because you could barely afford food. Italy is similar except they have a reduced tax program for retirement income (7%) if you live in certain places that they designate and it lasts 10 years at which time you'll be subject to the full tax rate. These countries are fine for traveling short term of course!
  • @marshal8981
    40 years ago all I knew was that I was divorced, wasn't going to have a pension and no one was going to give me anything. I paid off my car and mortgage ASAP and have been debt-free for 30 years. 20 years ago I moved to an area in the US to a smaller home with lower taxes and stopped working for money. Might I have done things differently if I thought there were other options? Maybe, I don't know.
  • Haha, I am still in the early stages of starting a channel like you suggested previously. It looks like you are the main competition for the ideas I have and plug into the research parameters. I am just a solo guy without the charisma of both of you so I am so leery about putting the effort forth and money for the class.
  • This is so good. It's funny Malaysia was first on your list because I just saw a creator say it's so underrated and is a wonderful place to retire. Thank you!!
  • Greetings from Atlanta! Looking forward to joining you guys in retirement full time travel mode! Thank you for all the info! Cheers!