Reduce your consumption

Consumption  In the previous post, we saw that our monthly consumption greatly influences how much we need to save for early retirement. So what are reasonable ways to reduce consumption? Frugality Frugality became something like a trend recently. There is much more information out there than I can cover here. Check this, this, this, or …

Touristic areas

The basic rule number 2 suggests retiring in touristic areas, but what exactly is that? Cities are touristic areas and many large cities and capitals are popular destinations. However, those would not be very suitable for retirement. They have high housing prices and high costs of living throughout the year. Seasonal popularity The fact that …