If this applies to you fine if it doesn't or you can't think the thought of selling the family home fine. Just take what you use in the concepts we have experienced and integrate them into retiring and keeping your home. This is still your guide to living cheap and well.
Consider what all the costs of home ownership are on an annual basis. Go ahead, pull out your credit card slips,tax returns and check stubs.
They should include:
Mortgage payment
Home insurance
Property tax
Garbage pickup
Electricity
Gas
Sewer
Water
Phone
Cable
Loews, Home Depot expenses
Furniture
Don't include things like medicine, household items, linens, and groceries. You will have those expenses everywhere, no matter which way you chose to retire.
Once you determine what living in your house is costing you lets take a look at transportation and your lifestyle.
And retirement in the Philippines could be a new adventure in home ownership where summer is all year round!
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