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Discussion in 'Retirement' started by the hippo, May 4, 2011.
I don't want everyone to reply to this post at the same time, as I won't be able to read them all.
I have just seen your post. I can only say that I would not like to retire to Bulgaria but I suppose it's whatever turns you on.
Have never been there but Bulgaria always gives me the impression of being COOOOLD!!!!
PS Will be able to answer your actual question more next year. Am retiring to France then.(Bring it on!!)
Semi-retired in New Zealand. Love it!
Yes, Bulgaria does get very cold in the winter, with some serious snow. The good news is that the winters are short and sharp, but the summers are long and hot. Remember that it's just round the corner from Greece.
The problem with the UK is that I just cannot afford to retire there and I don't understand how anyone on a teacher's salary can do it either! If your granny has popped her clogs and left you a house or two, then maybe it is possible, but I have not inherited a penny from anyone. Some taxes (VAT, for example) are the same, whether you are retired or not. Okay, you should get a reduction on your Council Tax if you are a pensioner, but the overall tax burden keeps going up for everybody. As for the cost of property, how can you buy a nice home on a teacher's salary? I would like a large detached house in the country, with maybe three or four bedrooms, a garage, a big garden and some nice views. I reckon that in the UK a property like that would cost me about a million. In Bulgaria it was only twenty thousand.