Re: Singvestor’s retirement lifestyle test run
Posted: Sun Jan 14, 2024 4:24 am
Thanks, delay and fingeek! To cover my current spending level I would need another €300k, but I believe if I needed to retire I could live much cheaper.
With regards to the Airbnbs, I was lucky that I had an empty family property which I could use as a base camp in Germany. In the months that I have been living out of Airbnbs all I brought with me was a homeoffice setup of portable extra screen, keyboard and mouse, as well as a knife and knife sharpener, as I have never seen an Airbnb with sharp knives. Talking about Airbnbs is a bit misleading, mostly I stayed in them for just a few days and then made a deal off the platform or found something in the area. That tends to bring costs down a lot. I like to find the Airbnb owners who are annoyed with the Airbnb work of checking in and out guests, cleaning and all the hassle. I pay everything in full in advance, stay a few weeks and leave the apartment super clean. Like this I managed to get better deals when returning.
Clothes for about a week are enough, I washed them in the Airbnbs and the occasional laundromat.
Without the family property as the base camp, I would have probably rented a studio in Germany's rust belt, for example Gelsenkirchen. I have a certain fondness for the people there. I would cost around EUR 350/month I guess.
With regards to the Airbnbs, I was lucky that I had an empty family property which I could use as a base camp in Germany. In the months that I have been living out of Airbnbs all I brought with me was a homeoffice setup of portable extra screen, keyboard and mouse, as well as a knife and knife sharpener, as I have never seen an Airbnb with sharp knives. Talking about Airbnbs is a bit misleading, mostly I stayed in them for just a few days and then made a deal off the platform or found something in the area. That tends to bring costs down a lot. I like to find the Airbnb owners who are annoyed with the Airbnb work of checking in and out guests, cleaning and all the hassle. I pay everything in full in advance, stay a few weeks and leave the apartment super clean. Like this I managed to get better deals when returning.
Clothes for about a week are enough, I washed them in the Airbnbs and the occasional laundromat.
Without the family property as the base camp, I would have probably rented a studio in Germany's rust belt, for example Gelsenkirchen. I have a certain fondness for the people there. I would cost around EUR 350/month I guess.