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cost-of-living

America's big cities are losing their one big advantage

Wed, 08/28/2024 - 05:24

Tech Insider : Economy

A city with ripped $100 bills in between the buildings — iStock; Rebecca Zisser/BI

Cities may be crowded, dirty, loud, and expensive, but they've always offered one clear advantage over America's rural areas: more money.

Real Estate, economy, Discourse, finance, real-estate, Housing, Homebuyer

A boomer couple who have pensions after working their whole lives said they're just scraping by after retiring: 'I can't imagine getting by on Social Security alone'

Sun, 08/18/2024 - 05:37

Tech Insider : Economy

Boomer couple sitting at kitchen table. — Nina and James (not pictured) are struggling financially despite retiring early in 2012.
Halfpoint Images/Getty Images

economy, finance, Retirement, social-security, pension, retire-early, financial-emergency

A third of Americans plan to retire on Social Security alone, but it may not be enough to get by

Fri, 08/16/2024 - 06:03

Tech Insider : Economy, Economy

Retired couple standing on a cruise ship. — About a third of Americans plan to rely on Social Security income during retirement.
David Sacks / Getty Images

economy, finance, economy, finance, personal-finance, Retirement, 401k-account

A millennial couple moved to Italy after buying a farm. They said physical work is exhausting, but they have a better quality of life.

Fri, 08/16/2024 - 05:55

A man in a pink shirt with a woman in a black dress with mountain backdrop. — Jerry O'Shea and Lucie Davidson swapped their UK lifestyles to run a farm in the Italian countryside.
Courtesy of Lucie Davidson

Real Estate, Relocation, Careers, italy-homes, Italy, cost-of-living, contributor-2024

A boomer couple on Social Security moved to Guatemala because they couldn't afford to retire in the US. After 2 years, they moved back.

Thu, 08/15/2024 - 05:58

Tech Insider : Economy

Robert Zimmerman and his wife — Robert Zimmerman and his wife moved to Guatemala for their retirement, though they moved back to the US two years later.
Robert Zimmerman

Real Estate, economy, Moving, cost-of-living, guatemala, Seattle, illinois

A Texas boomer couple who retired to an expat hot spot in Ecuador explains how it helps them save money

Thu, 08/15/2024 - 05:39

Tech Insider : Economy, Economy, Travel

Karl and Brenda smiling on a mountain — Karl and Brenda love to travel in retirement.
Courtesy of Karl and Brenda

economy, finance, economy, Retirement, real-estate, finance, Lifestyle

I won a housing lottery with over 5,000 applicants. Now I pay $1,260 a month for a brand-new home.

Wed, 08/14/2024 - 11:27

Angela Santiago on the roof of her apartment complex. — Angela Santiago won an apartment with rent well below market rate through a New Jersey affordable housing lottery program.
Courtesy of Angela Santiago

Real Estate, housing-lottery, affordable-housing, new-jersey, single-mom, cost-of-living, rents

A peak boomer fears she can't retire with $2,000 Social Security payments — and may have to move in with her sons

Tue, 08/13/2024 - 05:56

Tech Insider : Economy

Becky Davenport — Becky Davenport has worked her whole life but fears she may never retire.
Becky Davenport

economy, finance, Retirement, social-security, peak-boomer, Alaska, Saving

A boomer left Florida to live on a sailboat on the French Riviera. He says it's cheaper and calmer than the US.

Fri, 08/09/2024 - 09:16

Tech Insider : Economy

cannes french riviera — Doug moved from Florida to a sailboat in the French Riviera.
MarinaDa/Shutterstock

Real Estate, economy, Moving, Florida, french-riviera, France, Italy

A millennial moved from California to Utah for a lower cost of living. A few months later, she's hoping to move back.

Thu, 07/25/2024 - 05:47

Tech Insider : Economy

salt lake city — Kate M. enjoys Salt Lake City, Utah, but said she misses living in San Diego.
Denis Tangney Jr/Getty Images

Real Estate, economy, Utah, California, salt-lake-city, san-diego, Moving

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