The Culture of Business
We wanted to find places where retirees could live well on $100 a day, or just $36,500 a year. At a 25 percent tax rate, that’s $27,375 in spendable income, or about $2,281 a month. If we spent about a third of that — $720 — on mortgage payments, we could buy a home that costs $192,000. It turns out there are quite a few really wonderful cities where $192,000 buys not just a great home in a great neighborhood, but loads of culture, fun restaurants, and lively entertainment.
San Antonio is a great place to retire; rich with culture and energy and very affordable.