OK. Who used to be Middle Class?

[Victor_c3]

12. My plan is to forget saving for retirement

My current pipe dream is to move to Central or South America when my kids are grown. I'm going to take the pittance of money I get from social security and the VA and give up on the struggle of trying to survive in the states and chill out the rest of my life. My kids are 3 and 5 right now so I figure 15-20 years from now I'll be there. I'll be just turning 50 and I'll have a whole lot of life in front of me at that point in my life.

Many countries in that region only require like $800-1,400 a month in the form of a pension to get a residency visa and many of the countries have socialized medicine. Hell, I get $1,600 a month from the VA right now for a nifty disability rating I have from the war in Iraq. I could move right now at the age of 34 and retire, but I have my kids to worry about.

I lived for 4 years in Germany and I loved it. I know that South America isn't Germany, but I'm comfortable living in a different country hardly being able to speak the language. I don't need to be able to drive 3 minutes to a super-wallmart to do my grocery shopping at 3:00 am and I'm fine not having traditional American food. I have between now and then to get fluent with Spanish and I'll be good to go.