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How to Find Low-Cost LGBT Retirement Cities - Queer Money Ep. 295

Season 1 Episode 295

Show notes: https://queermoneypodcast.com/podcast/low-cost-lgbt-retirement-cities/

This week's we scratch the surface of a listener's question about how to find low or lower-cost LGBT-friendly retirement cities. We decided to invite Jim and Luis, a gay couple who retired early and spent the last two years living mostly outside the US.

They share their slow travel experiences, explaining how they decide where to go and what differentiates their nomadic lifestyle from being on vacation.

Topics Covered

Why Americans in general and the gay community specifically overspends
How Jim & Luis describe themselves as Financial Independence/Retire Investors
Why Jim & Luis got rid of ALL their debt before they quit their jobs
How Jim & Luis build a monthly budget around their real estate investment income
Jim & Luis’ experience living in Portugal, Spain and Mexico during the pandemic
Making a mindset shift away from acquiring stuff to acquiring time
How cost of living and gay friendliness help Jim & Luis decide where to live
The benefits of Portugal’s Golden Visa program and how it works
Why it’s better to be nomadic than to become a tax resident in Western Europe
Jim & Luis’ experience with using their worldwide healthcare policy
What differentiates a nomadic lifestyle or slow travel from being on vacation
How to avoid lifestyle creep and say NO to the peer pressure to spend

Resources

Mentioned in this episode:

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Published on 3 years, 11 months ago

Podcast Episode Details

How to Find Low-Cost LGBT Retirement Cities - Queer Money Ep. 295