Places Where You Can Retire on $200,000 and Feel Rich

[hpeer]

Originally Posted by Woodland Hills

Aren’t you describing a coping mechanism for living in poverty?

Depends upon how you look at it.
I think it more as a way to get away from the soulless, consumptive life style that eats your soul. I feel much richer than when wasting my life on the corporate rat cage wheel.

Others are quite happy in the “normal” environment. Each to his own.

[john61ct]

And keep in mind what most consider "normal" here is unimaginably and unnecessarily luxurious, for 99% of the current human population.

And many of recent generations consider that "normality" the root cause of the dystopia they and future generations will be subjected to.

Unless they manage to get / stay in the top .01%

[Simi 60]

Originally Posted by Woodland Hills

Aren’t you describing a coping mechanism for living in poverty?

Nope
He is describing getting valuable years of life back while not being owned by big business and banks.

Many larger regional cities in Australia offer as much if not more than the big cities do.
Housing can cost 1/10 of the price.
If you owned your big city house and sold, you can buy comparable regional and have a truckload of cash for actual living.

Some might even buy several of those homes, buy a nice boat and cruise full time and enjoy an income stream from the rents.
Does that count as coping with poverty

[john61ct]

Just move to where job growth has been a lot slower, or even negative in recent decades.

[Mike OReilly]

Originally Posted by Woodland Hills

Aren’t you describing a coping mechanism for living in poverty?

I don’t really understand this comment. How does spending more than you need to make you rich?

Originally Posted by Lake-Effect

That affordability radius is approaching 300 km around Toronto, especially if you want to be a walk, bike ride or a short drive to navigable water. Just sayin'.

I’m sure you’re right about that. Probably can’t be anywhere in southern Ontario or the Lower Mainland. I was just pointing out that there are lots of places in Canada where you can find affordable housing. But yes, you have to go to places most people aren’t — it’s kinda the same principle to finding good, free and uncluttered anchorages; go where people aren’t.

Originally Posted by hpeer

Depends upon how you look at it.
I think it more as a way to get away from the soulless, consumptive life style that eats your soul. I feel much richer than when wasting my life on the corporate rat cage wheel.

Others are quite happy in the “normal” environment. Each to his own.

Originally Posted by john61ct

And keep in mind what most consider "normal" here is unimaginably and unnecessarily luxurious, for 99% of the current human population.

This cuts to what we really need vs what we want (or are told we want). Our parent’s, and our grand-parents generation lived in much smaller homes, with fewer luxuries and fewer work-saving tools. Were they “poor”? Did they live impoverished lives?

[john61ct]

I am forever grateful for

switches that just turn on the lights

clean water piped inside, just turn on the tap

indoor flush toilets

etc etc, from decades of living without, see them quite rightly as luxuries, not at all necessary to happiness.

And continue to ensure every new crop of kids I take responsibility for, gets at least a few years of living that way.

An attitude of gratitude, perspective on what's really important, is to me much more important than

delusions of "financial security" in an increasingly unstable world.

[hpeer]

John,

It’s funny but...
Electric lights.....wind and solar
Plumbed water....... from my tank
Flush toilet..... hand operated pump, but yes, indoors.
LOL

[mat jam]

Japan has 8 million plus uninhabited homes and growing. You can pick up a home or condo for less than the price of a car. Although you only can stay for a few months at a time you can just pop out and back in. If you have a boat just sail over to a neighboring country and return. Contrary to popular belief Japan is a really inexpensive county to live in. Yes if you want to spend wads of money you can. But go to where the locals go for a 2 or 3 dollar meal.
Or just dock your boat at a marina and...pop out and in.

Look for countries with no property taxes.

I have property that I pay no taxes on that just gather dust because they cost me very little to maintain.

[Pelagic]

"Feel Rich"....
what does that exactly mean?
Is it a Beverly Hillbillies thing?

[hpeer]

Originally Posted by Pelagic

"Feel Rich"....
what does that exactly mean?
Is it a Beverly Hillbillies thing?

I suppose definitions vary widely, but for me I would not trade places with Bill Gates.

[john61ct]

Originally Posted by hpeer

Electric lights.....wind and solar
Plumbed water....... from my tank
Flush toilet..... hand operated pump, but yes, indoors.

Not sure what's funny? yes all wonderful developments, out of reach of maybe half the planet or more.

My point is to appreciate those sorts of things, warmth, shelter, decent food as well, not take them for granted.

If (when) our civilisation collapses, liveaboards may well continue to enjoy such privileges long after they're no longer available to those with fixed abodes, especially those in higher-density locations.

[john61ct]

Originally Posted by mat jam

Japan has 8 million plus uninhabited homes and growing. You can pick up a home or condo for less than the price of a car.

An excellent spot, long as you have decent ability to learn the language over time.

Beware nuclear accidents, earthquakes & tsunamis.

And as long as you don't think the unit's value will appreciate, few buildings are built to last long, raw land is often worth more.

[Simi 60]

Originally Posted by john61ct

An excellent spot, long as you have decent ability to learn the language over time.

Beware nuclear accidents, earthquakes & tsunamis.

.

Not to mention Godzirra

[a64pilot]

Originally Posted by Kenomac

There’s nothing wrong with using other people’s money to buy things as long as one has the means to pay it back per the agreed schedule. Paying cash for everything, especially for a depreciating asset like a boat is just plain bad financial planning. Cash should be working to earn more income, not sitting in a depreciating asset.

In all honestly I wish I had a dollar for every time I have heard almost that exact quote, then watched someone lose their arse.

Seems I Guess that they get greedy, it works, so surely if so did twice as much, it would work twice as well?

Yes, most of the Rich do in fact get there by taking large risks, and doing so when your young enough to recover isn’t as bad an idea, but after Retirement isn’t the time in my opinion to take risks.

For every person that got rich by taking big risks, many more go down the drain.

[Simi 60]

Originally Posted by a64pilot

In all honestly I wish I had a dollar for every time I have heard almost that exact quote, then watched someone lose their arse.
.

Exactly, you'd think the GFC would have schooled most.
Roosters to feather dusters a plenty.
Equity Mate

https://m.youtube.com/watch?v=Z2dEM2AIwi4