I currently live in the us and am looking for a good place to retire overseas.
I am a single male, 62 years old with a pension and am old enough to begin collecting social security although I'm putting that off so it will grow a little.
I have traveled a lot to Mexico and parts of Central America, and, although my experiences have been good, I'm not sure if that area would be a good fit for me.
I have been checking out countries in Europe and Portugal sounds like a great place to live based on my research, great weather, low crime, decent cost of living and friendly people. Portugal is definitely the next trip I will take, but I do have one important question>
The cost of living is my main concern. I know the us dollar is worth less in Europe. I would have around $2500 a month to spend on everything. I am also concerned about the future economic outlook for Europe. Can anybody give me some info. on this situation? Would $2500 still be considered enough to live comfortably for a single person?
Thanks in advance for any info. you are willing to share.