So funny...I emailed asking for your advice for early retiring /saving this morning and then saw this video today. You answered so many of my questions. I have an MBA and listening to you makes me feel I need a finance refresher 😂😂😂 Such SMART investing. I want to follow your lead!!
I really enjoy the cost of living videos the best as my wife & plan to retire overseas where the cost of living is a fraction of the USA with the same quality of life. Keep them coming. Thanks 🙏
Does any of your couples like a drink every day. My husband has about 10 beers everyday, which I would imagine would make a large difference to cost of living .
We are living the dream. Our budget is up a bit now but not by much. As you say, some months are more some are less depending on where you are moving around to.
Thanks. Yes, agree - learn the basics of investing for yourself. Also, very big is not to waste money on things which are meaningless but become habitual. Surprising what you can save (i.e. earn) over time if you track expenses for 6 months and then eliminate stuff that doesn't add value.
I agree, there typically is a lot of waste in many people’s budgets. Even living in a low tax state can help get many ahead of the same job and pay is an option.
You hit the nail on the head right in the beginning of the video. It simply depends on what you want to do upon retirement. I would add, how well did you prepare.
As someone who didn't even have a retirement account until 35 I am taking lots of notes here! So nice that you guys don't shy away from this financial aspect and are so open about your own costs.
Love your insights! We are big Dave Ramsey fans living with no debt and throwing as much money as possible into retirement accounts and paying down mortgage. Can’t wait until my daughter graduates so my hubby and I can travel the world on a budget! Thanks for sharing so many great tips in your videos!!
Thanks for sharing! Debt is one of the major obstacles to freedom. It’s stealing from the future you for something that is most often not important that day.
Great advice (even though not advice LOL) and so important. I was very lucky that at age 28, I had my grandmother's inheritance to invest. I met with a "proper" financial advisor who was extremely condescending and patronizing and he barely spoke to me and only to my ex husband (my ex kept saying "it's her money"). I was really pissed off at this obvious patriarchal view so went out and learned about mutual funds and investing. I put that money in and didn't really touch it again but just kept adding as I could. That anger at him served me well:)
What months do you typically stay in your home in Montenegro ? I see you factor in saving $6k annually by spending 5 months of the year in your home because that is what it would have cost you to rent elsewhere ? What is the lost rental on those 5 months ie: is it greater than the $6k you've factored into your figures or is there on adjustment for that ? Do you specifically choose particular months in your Montenegro home because they are low/hight cost months ie: low rental yield on the home / high travel costs (for you) or do you think it evens out (and you need somewhere to go outside of Schengen) ?
We move around for Julie’s need for a cool summer, so we leave for July, August, and September, which is the tourist season, we should be able to achieve $3k to $4k a month these three months, however this year we are swapping with a home in Copenhagen for a bit which would have also been quite expensive to rent. We will also be in Northern Germany, Dunkirk France, the UK and Scotland this summer and expect to be at break even during our travels. We still have September to October open which will put us ahead potentially. The winter months are much quieter in Montenegro and we will leave most of January returning in April. We expect $2k maybe $3k for those months combined possibly. We have come to agreements with viewers wishing to stay so we have been much more reasonable in our expectations than we would ask on Airbnb.
We are full-time travelers for 4 years now. And 20 years older than you. And we are die-with-zero folks. We spend around $100K annually-social security covers 70% of that. And, yes, we splurge a bit! I didn’t start maxing out my 401K until I was 48 years old. Twenty years later, we had enough ($700K) to retire between the 401K, the sale of a family farm and the social security. Live your life. Live your life.
@@prika2000 my net check (after Medicare is taken out) is $4246. My husband’s is $1700. I waited until I was 70 to take mine. My husband took his at 62. (A strategy that is frequently recommended).
@@WarrenJulieTravel we feel lucky that all those years of working and saving paid off. We know life is short-we’ve both had cancer and know our nomadic life could be cut short in a heartbeat. Live your life. Live your life. I really enjoy watching your videos. thanks for putting in the effort.
This is a great and useful video! Thank you for sharing. I agree with you on the finance strategy (I understand you are not a financial advisor and are not advising us financially). We have Verizon and AT&T stocks in our investment portfolio. We are living in Portugal for under $2000. We can't afford to live in America.
Thanks for sharing! I see T and especially VZ as an opportunity to get a high dividend while the stock is down. I also see upside in the value of VZ which is a potential double win.
Thank you for the video. Learning about these creating approaches to stretch money is helpful. My concern about living overseas is taxes. I assume that you live in Montenegro less then 183 days out of a year and thereby you don't pay taxes to the government there. Is that correct? How much is the typical property tax for a place like yours? Thank you!
She was the star in Saturday’s release on Monaco and Montenegro. On this topic regarding retirement, she chose to have me do most the talking since I do most of our investing.
Wow, what an informative vlog, Thank you guys for your transparency. A wealth of knowledge here! Question...you used an example and said if you were to need $3000/mth to live on you'd need $900k in retirement savings using the 4% rule, but what if you have that, or close to that just with soc security combined, then you really wouldn't need to pull much of anything from your retirement account, is that right? In other words, it sounds like it's totally possible to live on soc sec and cash savings without having to touch your retirement savings. Thanks again, you guys are awesome! We are still 3 yrs out from retirement, but would love to make it out your way once we begin our travels! We've never left the states, so it's kind of overwhelming at this point, but we are slowly learning and planning so we'll be ready when it's time!
That is correct. Thanks for the kind words. We just wish RUclips would actually promote our channel so we could provide these insights to others. I hope the information was helpful.
If you need to access your 401k rollover or qualified plan,IRA ETC. before 591/2 Talk to your adviser about 72t rule. it avoids the 10% penalty for pre 591/2 Withdrawals
Thanks, good reminders. I have a government pension so I’m taking that as I’m retired at 62. Also I’m withdrawing from my government 401 k (TSP) but I’m waiting to take SS until I’m 67. I’m worried about the market crashing soon so I’ve been on the sidelines about investing. Do you think we’re heading for a major crash?
You can't time the market. You always stay in the market. When the market is down just don't withdraw from your investment funds! There is no growth/ compounding unless you are invested
I don’t have the ability to tell you which way the market will go. I think there could be a correction but it may not go down from here at all. It’s probably worth your while to keep CNBC running on your tv in the background so you hear daily updates and news. Don’t knee jerk off of a headline. For every headline about doom and gloom there’s a headline with rainbows and unicorns, the truth is typically in the middle.
I appreciate these videos but I guess I am more interested in what are their plans for old age? You interviewed one man who was in his 80's and what if he gets sick, where do you go?
He has nobody in the states, so he wouldn’t have anymore support there as where he is. Healthcare is much cheaper and less stressful abroad quite often.
Thank you for the video. As a US citizen, my biggest concern is taxes. Could you go into more detail on how you handle your taxes from US investments. Do you get taxed in Montenegro and the USA? At what rate? Do you use someone in the US to do your taxes? What state do you have residence in?
We use this company for our taxes overseas and they are EXCELLENT. refer.greenbacktaxservices.com/6Dhvcq We had a CPA for over 17 years, and he retired. We realize we should have found a specialist company for taxes abroad from the beginning, because we were overpaying for a long while. I highly recommend this company. We have residence in Florida. We get taxed in the US. We do not get taxed in Montenegro. We have to file our taxes in the US for investments the same way we would if we lived there.
Thanks. Informative video. So you are not Montenegro tax residents. You no longer have a residence in US, but because you are US citizens, I assume you pay US taxes only? I am just trying to figure out how we would do something similar. Also, is Montenegro still not in the EU? That will give you time off from Schengen 90 vacation rule.
We pay our US tax, we use our son’s address in Florida. Montenegro is not EU and not Schengen, keep in mind Schengen is different than EU. The soonest Montenegro can enter EU is 2028 (Not Likely) then probably a decade later to Schengen, looking at Croatia, Romania, and Bulgaria for context.
Your age difference is the same as my wife and I. I'm 41 and she is 34. She keeps telling me she wants to retire at age 42... that would make me 49... we have $700k equity currently in our house... so just with our home equity we can get a multi year head start.
Actually I am more curious about your dogs. Lots of hassles when I get traveling with pets and getting through customs. I am your know on train travel you have to buy a ticket and cage them. I don't know about short hop flying.
We cover the dogs in a lot of videos, we also did a blog post on our website blog recently you might find helpful. www.warrenjulietravel.com/post/traveling-internationally-with-a-dog
In case you’re new to the channel, we also travel by car throughout Europe. We have a couple different videos on how to have a car in Europe if you are choosing to drive across Europe without having a residency in a country.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that
Kudos to you for having ARKB in your growth portion of your portfolio. Especially for your expected target audience, it is important to point out that it should be bitcoin not crypto! Whether it’s FBTC (Fidelity) or IBIT (Blackrock) from the established financial providers, folks close to retirement should stick to Bitcoin ETFs for diversification.
Disagree...but you need to fully understand what you're doing and Cycles etc. Alt coins provide amazing opportunities, just do yr research and don't get caught holding the bags at the top and ride them all the way down!
@@Luke-pm1rb then we’re happy in disagreement. Good luck not getting stuck holding your crypto bags. My point was that folks around retirement age usually don’t have the inclination nor the risk appetite for that kind of approach.
Thanks, I had GBTC for quite a while, as well as ETHE. Currently in the red with ETHE but I am comfortable holding. Now that the SEC has gotten out of the way I see the new Bitcoin ETFs as great opportunities. I’m holding my GBTC in my regular brokerage for tax reasons, swapped my IRA holdings in GBTC to ARKB.
Depends on your age and risk appetite, I’d look at alt coins with money I’m willing to lose, but I couldn’t recommend it to those looking at retirement soon to risk it.
You say outrageous utility bill, but in many places in the US we have some of the lowest price electricity in the world. Outrageous utility bills are real, but localized.
True, there are different factors in different locations. My sister in California had a$250 water bill and tells people not to flush, and pays about $700 total on utilities, in Florida utilities may be $250. We are typically under $70 a month in Montenegro for all utilities not including internet and TV.
@@WarrenJulieTravel, I don't know where in California your sister lives but that is not the norm. I live in Santa Barbara. I have solar and my electric is $20 per month and my water bill is $35 per month and we flush every time we go)))
@@WarrenJulieTravelI am a native Californian and we pay nothing like your sister for utilities. If she's so unhappy with 0:02 our state she should move.
For a place like ours in this vicinity, you could expect 900€ per month for full time rent. Our neighbors who just moved were paying 850€ for the past year.
@@WarrenJulieTravel Thank you. I know that you bought your place for 163k plus a kitchen Reno. Your view is amazing. What are the prices like today to buy a similar place?
Yay dividends!! As long as you watch out for dividend traps and make sure you also have growth stocks it’s a winning solution for passive retirement income.
Does any of your couples like a drink every day. My husband has about 10 beers everyday, which I would imagine would make a large difference to cost of living .
Sounds like my life way back in my Air Force days in Germany. 😅 currently I may average 10 a month. As far as a budget impact, the country you’re in and if he’s going out or staying in makes a difference. For example he can get a 2 liter bottle for €1.5 here so if he drank four liters a day, €3 a day just €90 a month or $100. If he went out for 10 beers a day, €3 each, €30 a day, €900 a month, $1,000. Going with a mix of in and out, let’s guess $500 a month in a Balkan country. In Germany or UK you should probably double it.
Thanks Warren and Julie - another great video!!
Glad you enjoyed it! 😁
Great video .Guys …
Thank you, very enlightening!
Glad you enjoyed it! 😁
Great video! The best out there! Honest and informative and authentic!
Thanks that’s very kind of you to say.
Very solid information! ThankYou
Thanks! We are glad you liked it. Thank you for watching.
So funny...I emailed asking for your advice for early retiring /saving this morning and then saw this video today. You answered so many of my questions. I have an MBA and listening to you makes me feel I need a finance refresher 😂😂😂 Such SMART investing. I want to follow your lead!!
Glad it was helpful! Thanks for watching!
Thank you for the video and the info!
You are very welcome thanks for watching!😊
Very good food-for-thought & spot-on scenarios! Love the backdrop, quite a view!!
Thank you kindly! We were worried the bright background would shadow us out too much. We need to buy one of those face lights.
Thanks for sharing this information. It's so important to really understand your finances before retiring and saying, "I'm going to travel the world."
Glad it was helpful! The important thing is making sure your money is meeting your desired goals. A poor plan can be disastrous.
I really enjoy the cost of living videos the best as my wife & plan to retire overseas where the cost of living is a fraction of the USA with the same quality of life. Keep them coming. Thanks 🙏
Thanks we appreciate knowing you see value in our videos ❤️
Does any of your couples like a drink every day. My husband has about 10 beers everyday, which I would imagine would make a large difference to cost of living .
Excellent! Thank you both for the informative video!!!
Glad you enjoyed it! Thanks for watching!
Great channel and great video 🎉🎉🎉
Thank you and we appreciate your kind words! 😃
WOW AMAZING
Thanks 😊
@@WarrenJulieTravel You are welcome
My favorites are SCHD ETF and DVN Energy.
I will take a look at them.
We are living the dream. Our budget is up a bit now but not by much. As you say, some months are more some are less depending on where you are moving around to.
Yep, we have those $2k months and sometimes a $4k month it’s all about balancing.
Thanks. Yes, agree - learn the basics of investing for yourself. Also, very big is not to waste money on things which are meaningless but become habitual. Surprising what you can save (i.e. earn) over time if you track expenses for 6 months and then eliminate stuff that doesn't add value.
I agree, there typically is a lot of waste in many people’s budgets. Even living in a low tax state can help get many ahead of the same job and pay is an option.
You hit the nail on the head right in the beginning of the video. It simply depends on what you want to do upon retirement. I would add, how well did you prepare.
Preparation is key, and understanding your money once you launch is a must.
Or living in low cost of living states in the U.S. My plan is to buy a house around $150k in the U.S. then travel and take cruises
That’s sounds great, wish Julie enjoyed cruising, I’d do it if our dogs could go.
Great video. 💪💰 ETFs and Vanguard index funds are a great base. Love the idea of building assets more though 😊
Thanks! Yes they are.
Depends on your vices.
Very true.
As someone who didn't even have a retirement account until 35 I am taking lots of notes here! So nice that you guys don't shy away from this financial aspect and are so open about your own costs.
We are so glad to be able to share. Is this Melissa the Charger fan from Tampa?
Yes! Love following along and watching your adventures. Although I'm in Washington State now :)
HTGC is great, see also CSWC and pray for a pullback!
I’ll have a look at it 👍
Love your insights! We are big Dave Ramsey fans living with no debt and throwing as much money as possible into retirement accounts and paying down mortgage. Can’t wait until my daughter graduates so my hubby and I can travel the world on a budget! Thanks for sharing so many great tips in your videos!!
Thanks for sharing! Debt is one of the major obstacles to freedom. It’s stealing from the future you for something that is most often not important that day.
Great advice (even though not advice LOL) and so important. I was very lucky that at age 28, I had my grandmother's inheritance to invest. I met with a "proper" financial advisor who was extremely condescending and patronizing and he barely spoke to me and only to my ex husband (my ex kept saying "it's her money"). I was really pissed off at this obvious patriarchal view so went out and learned about mutual funds and investing. I put that money in and didn't really touch it again but just kept adding as I could. That anger at him served me well:)
I’m very glad it has worked out well for you! Thanks for watching😀
I'm so happy you said something about BITCOIN. It's definitely worth having a % of your assets there.
Thanks for watching!
What months do you typically stay in your home in Montenegro ?
I see you factor in saving $6k annually by spending 5 months of the year in your home because that is what it would have cost you to rent elsewhere ? What is the lost rental on those 5 months ie: is it greater than the $6k you've factored into your figures or is there on adjustment for that ?
Do you specifically choose particular months in your Montenegro home because they are low/hight cost months ie: low rental yield on the home / high travel costs (for you) or do you think it evens out (and you need somewhere to go outside of Schengen) ?
We move around for Julie’s need for a cool summer, so we leave for July, August, and September, which is the tourist season, we should be able to achieve $3k to $4k a month these three months, however this year we are swapping with a home in Copenhagen for a bit which would have also been quite expensive to rent. We will also be in Northern Germany, Dunkirk France, the UK and Scotland this summer and expect to be at break even during our travels. We still have September to October open which will put us ahead potentially. The winter months are much quieter in Montenegro and we will leave most of January returning in April. We expect $2k maybe $3k for those months combined possibly. We have come to agreements with viewers wishing to stay so we have been much more reasonable in our expectations than we would ask on Airbnb.
We are full-time travelers for 4 years now. And 20 years older than you. And we are die-with-zero folks. We spend around $100K annually-social security covers 70% of that. And, yes, we splurge a bit! I didn’t start maxing out my 401K until I was 48 years old. Twenty years later, we had enough ($700K) to retire between the 401K, the sale of a family farm and the social security. Live your life. Live your life.
How is social security income 70k annually?
@@prika2000 my net check (after Medicare is taken out) is $4246. My husband’s is $1700. I waited until I was 70 to take mine. My husband took his at 62. (A strategy that is frequently recommended).
It sounds like you have a healthy budget. I’m glad you are enjoying your life. Thanks for watching.
@@WarrenJulieTravel we feel lucky that all those years of working and saving paid off. We know life is short-we’ve both had cancer and know our nomadic life could be cut short in a heartbeat. Live your life. Live your life. I really enjoy watching your videos. thanks for putting in the effort.
This is a great and useful video! Thank you for sharing. I agree with you on the finance strategy (I understand you are not a financial advisor and are not advising us financially). We have Verizon and AT&T stocks in our investment portfolio. We are living in Portugal for under $2000. We can't afford to live in America.
Thanks for sharing! I see T and especially VZ as an opportunity to get a high dividend while the stock is down. I also see upside in the value of VZ which is a potential double win.
Thank you for the video. Learning about these creating approaches to stretch money is helpful. My concern about living overseas is taxes. I assume that you live in Montenegro less then 183 days out of a year and thereby you don't pay taxes to the government there. Is that correct? How much is the typical property tax for a place like yours? Thank you!
Glad it was helpful! We are less than €500 annually
Amazing content, as always, from both of you, but would like to hear Julie speak a little bit more
She was the star in Saturday’s release on Monaco and Montenegro. On this topic regarding retirement, she chose to have me do most the talking since I do most of our investing.
Wow, what an informative vlog, Thank you guys for your transparency. A wealth of knowledge here! Question...you used an example and said if you were to need $3000/mth to live on you'd need $900k in retirement savings using the 4% rule, but what if you have that, or close to that just with soc security combined, then you really wouldn't need to pull much of anything from your retirement account, is that right? In other words, it sounds like it's totally possible to live on soc sec and cash savings without having to touch your retirement savings. Thanks again, you guys are awesome! We are still 3 yrs out from retirement, but would love to make it out your way once we begin our travels! We've never left the states, so it's kind of overwhelming at this point, but we are slowly learning and planning so we'll be ready when it's time!
That is correct. Thanks for the kind words. We just wish RUclips would actually promote our channel so we could provide these insights to others. I hope the information was helpful.
If you need to access your 401k rollover or qualified plan,IRA ETC. before 591/2 Talk to your adviser about 72t rule. it avoids the 10% penalty for pre 591/2 Withdrawals
Great information. Thanks.
Thanks, good reminders. I have a government pension so I’m taking that as I’m retired at 62. Also I’m withdrawing from my government 401 k (TSP) but I’m waiting to take SS until I’m 67. I’m worried about the market crashing soon so I’ve been on the sidelines about investing. Do you think we’re heading for a major crash?
You can't time the market. You always stay in the market. When the market is down just don't withdraw from your investment funds! There is no growth/ compounding unless you are invested
Good answer.
I don’t have the ability to tell you which way the market will go. I think there could be a correction but it may not go down from here at all. It’s probably worth your while to keep CNBC running on your tv in the background so you hear daily updates and news. Don’t knee jerk off of a headline. For every headline about doom and gloom there’s a headline with rainbows and unicorns, the truth is typically in the middle.
I appreciate these videos but I guess I am more interested in what are their plans for old age? You interviewed one man who was in his 80's and what if he gets sick, where do you go?
He has nobody in the states, so he wouldn’t have anymore support there as where he is. Healthcare is much cheaper and less stressful abroad quite often.
Thank you for the video. As a US citizen, my biggest concern is taxes. Could you go into more detail on how you handle your taxes from US investments. Do you get taxed in Montenegro and the USA? At what rate? Do you use someone in the US to do your taxes? What state do you have residence in?
We use this company for our taxes overseas and they are EXCELLENT. refer.greenbacktaxservices.com/6Dhvcq
We had a CPA for over 17 years, and he retired. We realize we should have found a specialist company for taxes abroad from the beginning, because we were overpaying for a long while. I highly recommend this company. We have residence in Florida. We get taxed in the US. We do not get taxed in Montenegro. We have to file our taxes in the US for investments the same way we would if we lived there.
🎉
Thanks 😊
Thanks for another ping - the 81 year-old Warren
:)
Thanks. Informative video. So you are not Montenegro tax residents. You no longer have a residence in US, but because you are US citizens, I assume you pay US taxes only? I am just trying to figure out how we would do something similar. Also, is Montenegro still not in the EU? That will give you time off from Schengen 90 vacation rule.
We pay our US tax, we use our son’s address in Florida. Montenegro is not EU and not Schengen, keep in mind Schengen is different than EU. The soonest Montenegro can enter EU is 2028 (Not Likely) then probably a decade later to Schengen, looking at Croatia, Romania, and Bulgaria for context.
Your age difference is the same as my wife and I. I'm 41 and she is 34. She keeps telling me she wants to retire at age 42... that would make me 49... we have $700k equity currently in our house... so just with our home equity we can get a multi year head start.
You are in a great position right now. Best of luck with the plan in 8 years. It will go quickly! Thanks for watching:)
Actually I am more curious about your dogs. Lots of hassles when I get traveling with pets and getting through customs. I am your know on train travel you have to buy a ticket and cage them. I don't know about short hop flying.
We cover the dogs in a lot of videos, we also did a blog post on our website blog recently you might find helpful. www.warrenjulietravel.com/post/traveling-internationally-with-a-dog
In case you’re new to the channel, we also travel by car throughout Europe. We have a couple different videos on how to have a car in Europe if you are choosing to drive across Europe without having a residency in a country.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that
Inflation is extremely high and we do hope it will adjust.
Kudos to you for having ARKB in your growth portion of your portfolio. Especially for your expected target audience, it is important to point out that it should be bitcoin not crypto! Whether it’s FBTC (Fidelity) or IBIT (Blackrock) from the established financial providers, folks close to retirement should stick to Bitcoin ETFs for diversification.
Disagree...but you need to fully understand what you're doing and Cycles etc. Alt coins provide amazing opportunities, just do yr research and don't get caught holding the bags at the top and ride them all the way down!
@@Luke-pm1rb then we’re happy in disagreement. Good luck not getting stuck holding your crypto bags. My point was that folks around retirement age usually don’t have the inclination nor the risk appetite for that kind of approach.
Thanks, I had GBTC for quite a while, as well as ETHE. Currently in the red with ETHE but I am comfortable holding. Now that the SEC has gotten out of the way I see the new Bitcoin ETFs as great opportunities. I’m holding my GBTC in my regular brokerage for tax reasons, swapped my IRA holdings in GBTC to ARKB.
Depends on your age and risk appetite, I’d look at alt coins with money I’m willing to lose, but I couldn’t recommend it to those looking at retirement soon to risk it.
100k in 2024 😊
You say outrageous utility bill, but in many places in the US we have some of the lowest price electricity in the world.
Outrageous utility bills are real, but localized.
True, there are different factors in different locations. My sister in California had a$250 water bill and tells people not to flush, and pays about $700 total on utilities, in Florida utilities may be $250. We are typically under $70 a month in Montenegro for all utilities not including internet and TV.
Your sister needs to learn that California is not England. Her landscape she follow the natural topography. My other point is Don't run the AC 24/7.
@@gregalonzo747 lol, she’s not running her AC! She’s being frugal.
@@WarrenJulieTravel, I don't know where in California your sister lives but that is not the norm. I live in Santa Barbara. I have solar and my electric is $20 per month and my water bill is $35 per month and we flush every time we go)))
@@WarrenJulieTravelI am a native Californian and we pay nothing like your sister for utilities. If she's so unhappy with 0:02 our state she should move.
I want to retire and travel solo i don’t want to have to pay for anyone else if they can’t contribute
We wish you luck in your travels.
Great video. What do you think it would cost to rent a place similiar to yours?
For a place like ours in this vicinity, you could expect 900€ per month for full time rent. Our neighbors who just moved were paying 850€ for the past year.
@@WarrenJulieTravel Thank you. I know that you bought your place for 163k plus a kitchen Reno. Your view is amazing. What are the prices like today to buy a similar place?
I think you might be able to find something under 200k€ We plan to do some videos soon on real estate here.
Yay dividends!! As long as you watch out for dividend traps and make sure you also have growth stocks it’s a winning solution for passive retirement income.
Very true! Thanks for adding that perspective. 👍
Does any of your couples like a drink every day. My husband has about 10 beers everyday, which I would imagine would make a large difference to cost of living .
Sounds like my life way back in my Air Force days in Germany. 😅 currently I may average 10 a month. As far as a budget impact, the country you’re in and if he’s going out or staying in makes a difference. For example he can get a 2 liter bottle for €1.5 here so if he drank four liters a day, €3 a day just €90 a month or $100. If he went out for 10 beers a day, €3 each, €30 a day, €900 a month, $1,000. Going with a mix of in and out, let’s guess $500 a month in a Balkan country. In Germany or UK you should probably double it.
@@WarrenJulieTravel thank you appreciate the response he’s an expensive husband 😂