Quote:
Originally Posted by stephen.coombes
I am 43. I would have about 125 K (UK)
I would then have no monthly income at all !!!
I just want to live as cheap as poss so my cash lasts a bit longer.
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Welcome to the board. I am not the one to advise you on details and practicalities concerning a move to LOS as I have no experience.
I did, however, I did take note of your "fortune".
£125K is a lot of money, but is not much to live on. If you assume that you could invest your money and get a long term return at 4% over inflation it is simple to calculate when you will go broke.
Monthly spending 80,000 bath: 11 Years
Monthly spending 60,000 bath: 16 Years
Monthly spending 50,000 bath: 21 Years
Monthly spending 40,000 bath: 31 Years
Remember as you setup your budget to include all expenses such as utilities, transportation, visa runs, insurance, bars, girls, etc. LivinLOS has made many posts detailing the above concerns.