My colleague at Assetbuilder.com, Scott Burns, writes one of America’s most popular syndicated money columns.
After four decades of financial writing, many of his long-time readers are entering retirement. Some fear they’re running out of money. For them, Scott has a viable answer. Find a great U.S. city where costs are low. Occasionally, he explores retiring in a low cost foreign haven.
My readers tend to be younger. They’re building their financial resources, paying off debts, and perhaps looking for a bit of adventure along the way. Some don’t make a lot of money. But like Scott’s retirement advice, the right location can make all the difference.
Canadian Andreas Clesle proves the point. He makes just $35,000 a year. But he saves most of it.