Posted on 10/17/2019 10:51:54 AM PDT by Red Badger
Though they love America, this couple has chosen to put their roots down in the coastal town of Denia in Spain.
Call em Texpats.
Kevin and Susan Bryant, 55 and 48, spent most of their lives in Texas, recently in retiree hot spot Austin. But when Austin became a mini Silicon Valley, we were priced out, Kevin, a now-retired history teacher and principal, tells MarketWatch.
History buff Kevin says hed always wanted to live in Europe in a castle, specifically, but I let that part go, he jokes and began hunting for where the couple might retire on his educators pension. They considered more than a dozen countries, finally settling on Spain for a variety of reasons, including its relative affordability, good health care, and that his teachers pension could qualify as income to help him get residency there.
To find the right spot, they toured Spain, rejecting Barcelona because it was too big; Tarragona because it was too far north (they wanted somewhere a little warmer); and Peñiscola, because, though they liked it, Susan jokes, I could never tell my mother I lived in a town with that name.
(Excerpt) Read more at marketwatch.com ...
Does the tendency to be hot tempered and an unrepentant rebel still run in your family? It does in mine-most of us have been in a dicey situation because of that at least once...
I expect to work until at least 70. Maybe I go a few years longer if I'm still healthy. But that's not how our public service employees think.
My elderly dad agrees with you...
It will have to be addressed sometime in the future otherwise taxes will go through the roof and cities and states will have to take on huge debt.
Since city's and state's pension funds (including health care) are separate from the general funds (RE: Social Security), will Medicare for all absorb the State pension provided healthcare? In other words, will the state and local retirees have to switch to Medicare for all too. Along with private companies who will be forced to switch their private insurance to Medicare for all?
This could be both a plus and a minus for the state pension funds — plus: they'd have a new resource for funding their pensions (if they are not in the red right now, they will be in the future); minus: if they do have excess left in the budget, it will be absorbed by Medicare for all.
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