Where could you live in the world if you had 300,000 USD, were not going to work anymore and you were 55 years old with no health issues. Is it possible to take 300k and go live for the rest of your life somewhere not working?

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Accepted Answer

To some it may sound comedic or "dangerous" but if you are open and looking for an adventure then look no further. It's Pakistan.Home of 2nd largest mountain K2. We have mountains, Dessert, Occean and everything in between.Come for a visit and take it from there.

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I came to Vietnam with $20... in 2019... still here. I believe in you!

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Didn't read all the post but this starts with math. $300,000 k assume life span of 85yr so need to live 30 years. Assuming no work, no side hustle etc and a strait drain on your money that's 833 a month. Currently there are PLENTY of people who live on that or less in a lot of the world. The question then becomes would you want to live like they do. Next question is will 833 in today's money be worth the same in 30 years. Answer *no* so your money has to increase in value greater than inflation that's not hard to do with standard *safe* investing. Now I you want look at it differently and not *work* but *lend* yeah its some work but 300,000 with just a 10% return per year is 30,000 a year or $2500 a month without draining your $300,000 big difference and much better lifestyle

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You could try what I'm doing soon. I'm 55 and I'm going to house sit my way around the world before I decide where I want to be permanently.

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I know this isn’t what you want to hear but 300k is probably not enough unless you plan to just scrape by and be ultra minimalistic. This assumes the money is in “safe investments” earning 5-7%

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