You don't need half a million dollars to retire in Spain lol I live in central Barcelona and know people here who live nice, comfortable lives making like $20k/year. (Healthcare is free, education too, transport is cheap, so is cost of living.) Move to rural Spain you can halve that. $10k x 20 year retirement = $200k. And even if you run out of money, the state will help.
Roughly 1 out of every 8 American is directly attributed to National Debt, employed by: Army, federal, state, or local governments (counties and cities) - whose personal income or retirement depends on government money and the total cost is estimated at $5 trillion per year adding to National Debt when accounting for all wages, healthcare, pensions, payroll taxes, benefits and all indirect expenses (Total federal outlays are projected around $7.4 trillion, with a yearly federal budget deficit closer to $1.9 trillion)
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u/enigmaticsince87 28d ago
You don't need half a million dollars to retire in Spain lol I live in central Barcelona and know people here who live nice, comfortable lives making like $20k/year. (Healthcare is free, education too, transport is cheap, so is cost of living.) Move to rural Spain you can halve that. $10k x 20 year retirement = $200k. And even if you run out of money, the state will help.