> Sometimes I think maybe I’m over analyzing it and maybe they just look at your net worth and say “Yes, this person has at least $15K to spend per year for a very long time.
You're probably right because Portugal, unlike Panama, doesn't demand your income to be in some sort of annuity. The earned or investment income is alright. I read it in a book I found on Amazon: https://www.amazon.com/Your-New-Life-Overseas-Portugal-ebook/dp/B072ST7M1J/ref=sr_1_6?crid=1K0RAO92O40BH&dchild=1&keywords=kathleen+peddicord&qid=1598128289&sprefix=peddicord+%2Caps%2C147&sr=8-6
Bought it with my Prime shipping credits. I don't know the answer to your second question because I believe that my $300K in cash will be enough. Anyway, I'm planning on visiting it when the pandemic is over and talking to some local attorneys who will advise me on those things should they desire to get my business. Then, I'll decide what to do. You can always do Roth laddering so your money will be available in 4-5 years and you can ask the lawyers that question too. Lots of things may change after the pandemic and after the future market crash so they can be much more receptive so don't overplan now.
These sticker by number books are super cute and have been a big hit w/ students I’ve worked with: Brain Games - Sticker by Number: Animals (Geometric Stickers) https://www.amazon.com/dp/1680229001/ref=cm_sw_r_cp_api_i_UobqFb5NXFSQ1
Here is a book about planning retirement and travel in European Union, free on Amazon Prime: https://www.amazon.com/dp/B07XFRNRMD And another one like that, a bit more specific to Czech Republic, also free on Amazon Prime: https://www.amazon.com/dp/B07XYDN1B3
What if I want to share a link to a Kindle book I have written which is within the chat topic? I retired in 2012, then started the quest for the thing to do in retirement, and now am writing books that address questions relevant to retirement, not finance. Can I share a link like this?: https://www.amazon.com/dp/B07WVFFX6X — I would appreciate a response from the Mod.
>To get the health insurance in Portugal, would you need to pay significant taxes on your retirement money withdrawals?
Not in my case because I'm not going to withdraw any money from my pre-tax accounts (except doing the Roth conversions perhaps) and live off whatever I have in the taxable ones. Not until I get the Habitual resident/citizen status and the national healthcare that goes with it. From what I've read, the private health insurance, will be a fraction of the cost of that in the US so the impact of taxes, if any, is not going to be catastrophic. Here is a $3 Kindle Book which I bought recently. The author acquired a property in Lagos herself: https://www.amazon.com/Your-New-Life-Overseas-Portugal-ebook/dp/B072ST7M1J/ref=sr_1_3?crid=RSHZBN62LC5F&keywords=kathleen+peddicord&qid=1561909524&s=books&sprefix=kathleen+peddi%2Caps%2C186&sr=1-3
Cruising the Mediterranean: From the luminous canals of Amsterdam and Venice to the stunning mosaics of Istanbul's Blue Mosque
https://www.amazon.com/dp/B01D8XZOY2
FREE until March 19th
> A shared passion for exploration. The Mediterranean trip of their dreams. There's no better time for adventure than right now.
>Enthusiastic explorers Al and Sunny Lockwood treasure the challenge and excitement of travel. From train rides through the Smokies to campouts in Yellowstone, they've documented their travel adventures to critical acclaim. With retirement, they expand their horizons and ship off for a new adventure in the heart of the Mediterranean.
Foods That Will Take You To A Happy Place: Healthy Foods That Reduce Sress, Depression and Anxiety
https://www.amazon.com/dp/B07PSCPH3V
FREE until March 19th
> Be Happy. Live Happily.
>Happiness is an absolute term. Unlike many abstracts that are open to interpretation, it’s pretty easy to know if you’re happy or not. We all desire to be happy, although the complexities of our lives and the hectic schedules that we face on a daily basis have a tendency to rob us of this opportunity to be happy.
>Still, it is very possible to find yourself in that happy place. That’s the purpose of this book.
> Some day in August 2005, Mike stumbled across my blog. Randomly. He was apparently googling for something but till today he refused to say what he was googling for ("I really forgot!"), which makes me highly suspicious that it is either something pervertic ("Is it normal to want to fuck horses?"), or something gay ("How to curl my hair like Pamela Anderson").
What she really means is : He was googling for: http://www.amazon.co.uk/Most-Bang-Your-Buck-Thailand-ebook/dp/B0058DX2EK
Edit: Also the pacing in this is god awful. It's pretty hard to read. Who is T
You probably want somewhere that caters for westerners with the comforts of home. I'm sure you don't want to be eating spicy papaya salad every day.
Some people choose phuket because it has lovely beaches, many restaurants that cater for westerners and easy access to an international airport. However phuket can be expensive.
If your looking on the budget scale then Chiang mai is a good option. For me I didn't like the smoke/polution during the burning season when farmers clear land.
Jomtien near Pattaya is a popular choice for many retired expats. With a glut of cheap Condominiums and many cheap restaurants on the beach.
I would think about going to a place and staying a few months then trying the next place before you decide to settle.
A good book you should probably read is How to get the most bang for your buck in Thailand