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You'll still need to retire in a cheap city in Nowhereville. Why not live in SV when you're young and retire to Nowhereville, vs living in Nowhereville all your
by barrkel 9y ago
You'll still need to retire in a cheap city in Nowhereville. Why not live in SV when you're young and retire to Nowhereville, vs living in Nowhereville all your life?
- derefr 9y agoAlternatively, if you can get a remote job, live in Cambodia or the Phillipines or somewhere else with an extremely low cost of living while getting paid 0.5x SV salary, and end up with 95% savings. Then you can retire anywhere.
- kobeya 9y ago0.5 salary (generous for someone remote working in a different timezone without a large personal network, imho) with 95% savings is the same as 48% savings with 1x salary, not to mention greater growth potential. You're example doesn't seem all that different from working in the valley a few years, then cashing out to retire in SE Asia.
- BeetleB 9y ago>Why not live in SV when you're young and retire to Nowhereville, vs living in Nowhereville all your life? Depends on your preferences. I don't want to move to a new place when I retire. I'd like to retire in the same place where I have friends, know the city, system, etc.