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Hobo Ventures May 12, 2023 16m

WHY NEW OVERSEAS RETIREES SPEND MORE MONEY IN THE FIRST YEAR

Summary

Beginners retiring overseas often spend more initially due to the unfamiliarity of new environments, requiring more effort for basic needs like finding food. This contrasts with established routines back home where choices are automatic. The practical takeaway is that the initial higher expenses are part of the adjustment period as new routines and navigation skills are developed.

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