Re:Young men dropping out of the job market to spend time in...
by researcher11 on Friday March 17, 2017 @12:55AM
(#13891604)
I have a $20K passive income of and living expenses of $10K. My hobbies are really cheap and centered around building skills. Programming / construction / sports. I do miss my friends in SF though. That's the biggest downside. I've been trying to encourage more to come down.
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Re:Young men dropping out of the job market to spend time in...
by mozumder on Friday March 17, 2017 @02:04AM
(#13891892)
That still seems expensive. You can get by with that much in rural areas of the US or Detroit.
Re:Young men dropping out of the job market to spend time in...
by corin_ on Friday March 17, 2017 @06:58AM
(#13893002)
He's choosing to retire, so why not live beyond "getting by" if he can afford it and is happy to live where he can afford it?
Re:Young men dropping out of the job market to spend time in...
by Tepix on Friday March 17, 2017 @09:16AM
(#13893657)
He didn't say if it's per month or per year.
Re:Young men dropping out of the job market to spend time in...
by researcher11 on Friday March 17, 2017 @01:47PM
(#13896168)
It's per year. Panama is more expensive than many areas of the US but the lifestyle is subjectively better. Plus you don't go broke trying to pay for medical coverage or treatment. And there is no tax on foreign sources of income.