Comfortable Living in Turkey: A Baby Boomer's Choice for Early Retirement with Pension Income

Debra Crockett, a former US-American retail manager, made a bold move eight years ago when she decided to retire early and move to Alanya, Turkey. Prior to her move, Crockett and her then-husband lived comfortably in the United States, owning a house and multiple cars. However, Crockett decided to sell her belongings and embark on a new life abroad.

Crockett's monthly pension of 2700 euros covers all her living expenses in Turkey, including her annual 200 euro visa renewal fee. Her monthly rent in Turkey is 430 euros, electricity is 23 euros, internet is 10 euros, and water is a mere 1 euro. This affordability is largely due to the depreciation of the Turkish Lira against the US Dollar, making life more affordable for American expats living in Turkey.

Crockett's lifestyle in Turkey is not just about cost-effectiveness, though. She finds the friendly atmosphere fulfilling and enjoys various social activities within the expat community, such as hiking, jogging, knitting, or yoga. The large expat community in Turkey also helps reduce the language barrier for Crockett.

Crockett is content with her financial situation in Turkey, stating that she's living a fantastic life that costs very little. She is convinced of her lifestyle in Turkey and finds the experience of relying solely on her intuition and communication skills overwhelming and fulfilling.

In addition to her personal enjoyments, Crockett often donates money while living abroad. She tracks every expense daily to manage her budget and has made a conscious decision to use her other financial resources, such as travel, sparingly. Crockett's decision to rent her apartment instead of buying it allows her the flexibility to move at any time.

However, it's important to note that Turkey is currently experiencing high inflation, leading to a 50 percent increase in interest rates in March. This economic instability is a factor that potential expats should consider before making a move.

Despite these challenges, Debra Crockett continues to thrive in her retirement in Alanya, Turkey, enjoying the unique blend of affordability, community, and adventure that her new home offers.

Comfortable Living in Turkey: A Baby Boomer's Choice for Early Retirement with Pension Income