MORE ON MSN MONEY
VIDEO ON MSN MONEY
A couple other things: Find out if heatings is forced central air or baseboard heating (expensive) etc., find out if house is on a cement foundation, make sure water appears to drain away from the home.
Here is a super website and fantastic data source that also has comments: city-data
Plus, use a real estate website that shows annual property taxes + drive the neighborhood during daytime and nightime.
Have a very nice time.
F the cities....the libs can live in the cities.
I've got 35 acres paid-in-full in southern colorado waiting for me to retire.....will build my offgrid cabin and hang a sign on the gate: I DON'T DIAL 911
I am lucky and Do/Done well in life ... just wonder how many people out there make less than 40k a year ... 50% / 75%.
Worldwide probably 99% .. but that another issue
Gonna be a lot of people moving it seems.
San Miguel de Allende in Central Mexico is a prime retirement place for many. Some 10,000 U S citizens live on a permanent basis there. Same happens in other Mexican cities (Oaxaca, Merida, Chapala/Ajijic, etc.). Drug cartels are not in these areas and crime is very low. I spent 5 years in San Miguel and it was great. Many live on SS but, evidently, they don't splurge.
No one I know has a $250k nest egg just sitting around for retirement use. That is a reality for the wealthy only, not middle class people, especially not the poor. Most folks lost any nest egg when the equity in their homes was lost.
Gone are the jobs like my parents had where a good pension was just a normal benefit, just like health insurance. My wife and I both have decent jobs, we make ends meet, but neither of us has a pension plan. Sure, my wife's employer offers a 401k, but for us to ever think of contributing the max amount to that plan to benefit us when we retire is absurd, since we need any extra money for normal living expenses like food, gas, etc. And no, we have no kids or pets to support. When she was making a little more money a few years ago, she did put some money into her 401k, but recently just found out it only has about $5k in it. What will that get us in 35 years???
Plus, the way things are going, who knows if social sec benefits will even exist when we retire in 35 years. Prob. not. Then, what will all of us do who thought we could rely on that? It is going to be disastrous. I for one, don't really want to move out of the USA, but we may not have a choice but to move to Central America, Mexico, someplace where our meager savings acct will get us the most bang for our buck. Its a real shame that working for over 50 years and paying into SS gets you no "security" at all. Sad really!
If you got 40,000 dollars a month coming every month you certainly don't need anybody to tell you where to retire.
You could go anywhere you want in my book. The trick for most people in this country is to find a way to retire on 1,200
a month. Now that's a little tricky. I'd say find a partner to split cost of living. The other part is find a state where they don't tax you on your SS or anything else that you earn. The last part is finding a cheap place to either pay rent or if you saved your money up to this point in life buy a condo. Sometimes the rent and mortgage will be very close so if you can swing it by buying it do so. It will pay later on when you sell it for a profit.
I also got a solution for over priced gas in this country. Make it a law that all gas stations have to close on a certain day of the week. Just by doing that gas prices will drop to the 1980's prices. Opec will have a fit. There would be millions of gallons losses for them. I would love that. How's about working only 4 days a week too??!!.
I think we can solve any problem in this country if we really wanted to.
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.