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FIRE (Financial Independence Retire Early) @lemmy.ml
sugar_in_your_tea @sh.itjust.works
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The Earth Awaits - a site for checking affordability of various areas

www.theearthawaits.com The Earth Awaits

The Earth Awaits calculates your cost of living around the world according to your lifestyle, family, and housing needs!

I was doing a little EOY accounting, and I wanted to see where I could afford to retire to with my current amount of investments. I searched a bit, but couldn't find anything good, and then I remembered the old /r/financialindependence sidebar.

Since I happen to be a mod, I went ahead and abused my mod powers and added it to the community info here. My wife is from another country, and we're not yet to the point where we could retire there, but we're surprisingly close, so I now have a new milestone to shoot for.

I don't know the methodology they use here, or how often it's updated, but I think it's fun to look around at options.

I remember another site that simply gave a list of countries in order from cheapest to most expensive and you'd enter your current assets and figure out where you could go. I thought it was a lot of fun to see what "upgrades" an extra year or two of working would get me, but I didn't bookmark it. If anyone can find something like that, please post it.

Anyone considering going expat? If so, does this resource seem accurate? Do you have others you like better?

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3 comments

  • I am currently traveling full time through southeast Asia and I would definitely consider becoming an expat here.

    For less than half the price of normal living costs in north america or Europe you can live a life of luxury over here. Plus the big cities are honestly just as nice or even better than most back home.

    Why live in north america in a small house or apartment when for the same amount I could have a penthouse and eat out everyday if I wanted plus go on twice as many vacations a year. I also just love the hot climate so its perfect!

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    • The air pollution in a lot of southeast Asia is bad enough to be a serious quality of life issue, at least seasonally

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  • I would absolutely consider it, but my other half never would. Still it's fun to have a play around with these things anyway! Top suggestion for us is Valencia, which, I'm not generally keen on Spain but if I had to pick a city there it probably would be Valencia.

    Very amused to see the site still has a "share on Google+" option, hah!

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