A lady at work is retiring in two weeks - age 56. The cool part is her utterly great strategy. She's moving to Mexico - after 2 years of planning for it. She's covered the medical and other problems.
Quick numbers are her house will sell for $400K and she bought an equivalent for $111K (fully furnished). An average house here is $300K, I didn't feel polite asking exact numbers. Property tax is roughly $2,500 here - $200 in Mexico. I pay for heat and AC (-40 to +40 C, in American that's -40 to 104 F), another $1K/year. She's no longer shoveling snow every winter either. According to her food will be cheaper too, with more availability of fresh produce
Basically I see her putting $300K (or more, she sold possessions too) into investments and slashing expenses by at least 3K/year or more (without all the other details). I asked her to send me the details if she ever writes them down.
Anyone else move to retire early?