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Kathy Woolever's avatar

Appreciate your insights as always. I will watch the TED talk - and dug deeper reading your linked posts. We are planning early retirement in 2024, know that we want to be in Europe, have narrowed down our options to Portugal & Spain (and have visited both multiple times; Portugal is winning on multiple fronts but we can’t seem to take Spain out of the running!). Our plan is to divest all possessions except 1 car and our home, which we will rent out. Our retirement will be funded by rental properties so adding 1 more to the mix makes sense for us. This also helps us overcome the urge to own a home vs being a renter in Europe. Listening to the advice of you & others to stay strong and rent before buying! When/if we decide to purchase, after being there 2-3 years, will make it easier (emotionally) to sell in the future.

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Eric Roth's avatar

Yet another thought provoking post, Nancy. My wife and I decided to dive into Portugal with reckless abandon, selling our house in Massachusetts where I lived 33 years. Well, not exactly reckless; we had been vacationing here every winter for a few years and had already fallen in love with Portugal and particularly the Algarve. We have been here 18 months now and are still on our honeymoon with this wonderful place. I have grappled with bouts of homesickness for the USA many times, but they dissipate as quickly as they come on when I have a good experience at our new home, which is daily. For some people it may be more, and some, less. It's true that no lifestyle is for everyone or is perfect, etc. I, for one, am so glad that I don't have two properties across the ocean from each other. The responsibilities and costs would be crippling and distracting. I am living in Portugal with joy and freedom. It's like a relationship; if you are ambivalent, you cannot be really happy. Make your choice and put your heart and soul into it. Life is a journey. Hey, sometimes all the clichés are true.

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