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Who Wants to Live the Island Life? You Do: Part II

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By joyfull @ Shutterstock.com

You read yesterday about how to live an “island life,” whether that be on an actual island, or by simply protecting yourself from the dangers around you.

One of the best parts of living on an actual island is access to the beach. But many islands with top beaches come along with a high cost of living.

Thrillist has put together a list of the “World’s Most Beautiful Beach Cities Where You Can Live for Dirt Cheap.” There are some nearby places like Las Terrenas in the Dominican Republic, and some further afield like Canggu, Bali.

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The author writes:

More than a few Americans fantasize about picking up their lives and moving to some seaside villa in a country where your rent is less than a car payment. It’s a fantasy because while it might be affordable, few people actually end up doing it. There are things to consider other than rent when moving to a far-flung beach town. Stuff like “does anyone speak English?” Or “is the food edible?” Or “is there Wi-Fi?” Miss these answers and your turquoise-watered fantasy turns into an experience so stressful you end up back in America before getting your first sun burn.

But around the world — and even in the US — there are beautiful beach cities where you can live your best life for a lot less than you do now. We talked to expats and looked at ballpark cost-of-living estimates from sites like Numbeo and Nomad List to find 14 places where your dollar goes far, and your quality of life goes farther.

You can see all the beach towns here.

My first recommendation is for you to visit when you’re free to move about the world and find your island life.

Don’t decide to retire in a far off place without visiting first.

Action Line: Start thinking about your retirement life today so you can build the plan you need to achieve it.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.
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