Quote: (01-01-2016 11:39 AM)262 Wrote:
I basically did this, though with a bit more saved. Check out my relocation thread in my signature.
So far in Gdansk, Poland, even paying double what locals do for rent (since I book on AirBnB for only a month at a time), $1,500 a month is more than enough.
That of course is eating in almost every meal (which as a lifter you should do anyway), and doing daygame instead of nightgame (which is generally recommended for Poland anyway).
If I committed to Gdansk for a year to pay what locals do for rent, $1,000 a month would probably be enough.
Unfortunately, to get even $1,000 a month off the S&P 500, you'd need $300k USD ($1,000/month x 12 months/year x 25 [4% safe withdrawal rate]).
Why do you rent trough AirBnB? Is there any impediment that doesn't allow you to do a normal lease? Does it has to do that you are not a resident or a citizen, Or does it have to do with your plans to leave Poland soon?
None are more hopelessly enslaved than those who falsely believe they are free.