tag:blogger.com,1999:blog-2875915890415125655.post3913588862007589188..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: Retire to Europe – Option 1 - MaltaRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-2875915890415125655.post-87471462768182341322013-08-17T11:03:52.579+01:002013-08-17T11:03:52.579+01:00Over my life as a diplomat abroad I have seen many...Over my life as a diplomat abroad I have seen many British expatriates drawn by the image of the good life, but after a few years the novelty and the view has worn off, they are bored, inward-looking as a community and often drunk. They start to miss the many things taken for granted (and often despised) in their own culture, and they wish to return to UK but cannot easily do so or afford to do Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-23696904625092604912013-08-10T12:48:48.795+01:002013-08-10T12:48:48.795+01:00I have been living/working in Portugal since the b...I have been living/working in Portugal since the beginning of 2012 and have found it to be a great place to live. <br /><br />I am not retired but work remotely and so I need a pretty good internet connection and you have that in Portugal. We have a house in the country side in the Silver Coast Area, we have cable internet and the speeds are some of the best I have seen in the world (>120MBS kiwigalohttps://www.blogger.com/profile/10557382125273003514noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-65513608352464594042013-08-06T20:20:54.031+01:002013-08-06T20:20:54.031+01:00Not really related to the post, but very interesti...Not really related to the post, but very interesting research about pension contributions:<br /><br />http://www.dfaus.com/pdf/How_Much_Should_I_Save.pdf <br /><br />Note, that it can make sense for young educated people to go into a debt at the begging of their career instead of pension contributions... Feel a bit upset now about starting my savings too early ...:)<br /><br />K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-71896038161971854282013-08-06T14:54:21.499+01:002013-08-06T14:54:21.499+01:00Looks lovely!
> I would like to develop a leve...Looks lovely!<br /><br />> I would like to develop a level of self sufficiency.<br /><br />Island microclimates vary rapidly over a much smaller area than continental (or even big-island) climates - a distance of only a mile or so can make a big difference. It isn't necessarily an issue but worth bearing in mind when you're looking for a place.erminehttp://simple-living-in-suffolk.co.uk/noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-8712249224433251952013-08-06T12:47:36.197+01:002013-08-06T12:47:36.197+01:00Hi K
Wherever I move (whether UK or Abroad) could...Hi K<br /><br />Wherever I move (whether UK or Abroad) could end up being the location where I grow "old". Of course it might not be right and another move may be required but I'm going into it with the intention to find a forever location. I partially alluded to that in the post with reference to public transport and healthcare.<br /><br />You're right that a side hustle (RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-75087690147890052962013-08-06T00:40:02.741+01:002013-08-06T00:40:02.741+01:00Alright, I would agree that 40 is not "old&qu...Alright, I would agree that 40 is not "old", but think about it - you are to select a place which will your home for a number of years, eventually, you will be "old" no matter how you define it. Are you ready to be getting "old" over there?<br /><br />Temporary relocation are significantly different from permanent ones.<br /><br />Although, if you plan to start Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-82303031634113302142013-08-05T21:09:03.257+01:002013-08-05T21:09:03.257+01:00...Île Saint-Louis... I like it :-) I fear it......Île Saint-Louis... I like it :-) I fear it's also out of my price range.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-45709689690998742842013-08-05T21:06:42.056+01:002013-08-05T21:06:42.056+01:00Hi Anonymous
I'll certainly do that and a lot...Hi Anonymous<br /><br />I'll certainly do that and a lot more.<br /><br />A quick glance at the CIA World Factbook (for consistency of timing etc across countries) tells us that at a macro level in 2012:<br />- Real growth was 0.8% vs the UK at 0.2%<br />- Unemployment was 6.4% vs the UK at 8.0%<br />- Deficit was 3.3% of GDP vs the UK at 8.2%<br />- Debt was 72.1% of GDP vs the UK at 90.0%<RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-85358461057150730802013-08-05T20:47:53.701+01:002013-08-05T20:47:53.701+01:00Hi K
At this point the excitement of having to le...Hi K<br /><br />At this point the excitement of having to learn new things and meet new people is actually one of the big motivators. The risks I'll try and minimise by thorough planning and research but I'm up for plenty of challenges also. Over the years I've had to travel a lot for work plus have undertaken some relocations and so maybe I'm now built a little differently fromRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-64570440540530252622013-08-05T20:41:53.198+01:002013-08-05T20:41:53.198+01:00Hi Anonymous
Thanks for the "on the ground&q...Hi Anonymous<br /><br />Thanks for the "on the ground" perspective. Some good information in there that I can go off and do some more research with.<br /><br />Cheers<br />RITRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-48539984956119108622013-08-05T15:21:23.314+01:002013-08-05T15:21:23.314+01:00I'd analyse it like this.
1. UK: (a) Do I wa...I'd analyse it like this.<br /><br /><br />1. UK: (a) Do I want a city that's beautiful with plenty of intellectual stimulation available? If so, start by considering Edinburgh, Oxford and Cambridge. Or (b) am I after the countryside? In which case there are too many lovely spots to list.<br /><br />2. Elsewhere in the EU. If I am happy with a tiny island/archipelago, how about deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-4713441101219055132013-08-05T10:25:58.427+01:002013-08-05T10:25:58.427+01:00I would do a lot more work looking at the finances...I would do a lot more work looking at the finances of the government and the private sector before making a long term commitment there<br /><br />I remember everyone saying what a great place to retire Cyprus was 10 years ago<br /><br />Equally I doubt that many people in Gibraltar are very happy now the Spanish are asserting claims to it and sealing the borderAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-26339669614021573282013-08-04T22:59:00.531+01:002013-08-04T22:59:00.531+01:00I used to be consider retirement in Southern Europ...I used to be consider retirement in Southern Europe, but changed my mind. When one is old, it is getting more difficult to adjust to new places. It is better to retire comfortably within the area where you lived your last working days and knew everything and everyone. Retirement is not the time to get to know new exciting places with all the risks and challenges. <br /><br />Judging from my Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-48071976260090719242013-08-04T21:46:42.680+01:002013-08-04T21:46:42.680+01:00My brother has lived in Malta since 1993 and I hav...My brother has lived in Malta since 1993 and I have been going there regularly since 1996. It used to far cheaper there than here in UK, but since joining the Euro has become a very expensive place to live. The exception being rents, which are still low, but you will pay more to buy food, clothes and eating out in Malta.<br /><br />Property prices are very over-valued. As the Maltese barely Anonymousnoreply@blogger.com