Retire Modestly in Lisbon, PT (2026)
Small apartment, cook at home, public transit, minimal travel. In Lisbon (COL 63), this costs $1,667/month — a $12K less than the US average.
Monthly budget breakdown
Estimated monthly expenses for a modest retirement in Lisbon (COL-adjusted from national baseline).
| Category | Monthly | Annual | % of budget |
|---|---|---|---|
| Housing | $550 | $6,600 | 33% |
| Food | $250 | $3,000 | 15% |
| Healthcare | $233 | $2,796 | 14% |
| Transport | $200 | $2,400 | 12% |
| Leisure | $233 | $2,796 | 14% |
| Misc | $200 | $2,400 | 12% |
| Total | $1,667 | $20,000 | 100% |
How long to save $500K?
Time to reach your nest egg target investing at 7% annual return (S&P 500 historical avg).
| Monthly savings | Years to retire | Retirement age (start 30) |
|---|---|---|
| $1,000/mo | 20 yrs | Age 50 |
| $2,000/mo | 13 yrs | Age 43 |
| $3,000/mo | 10 yrs | Age 40 |
| $5,000/mo | 7 yrs | Age 37 |
| $8,000/mo | 5 yrs | Age 35 |
Lisbon vs US average — Modest retirement
Other retirement tiers in Lisbon
Frequently asked questions
How much does a modest retirement cost in Lisbon?
A modest retirement in Lisbon costs approximately $20,000/year or $1,667/month — based on a 63 cost-of-living index (US avg = 100). Using the 4% safe withdrawal rule, you need a nest egg of about $500K.
How long will it take to save $500K for retirement in Lisbon?
Saving $2,000/month at a 7% average annual return would take roughly 13 years to accumulate $500K. At $3,000/month, it would take about 10 years. These estimates assume consistent investing in a diversified portfolio.
What is the biggest expense in a modest retirement in Lisbon?
Housing is the largest expense at roughly 33% of the budget ($550/month). Healthcare ($233/month) is the second-largest category.
4% safe withdrawal rule · 7% annualized return assumption · COL-adjusted from BLS data · Q1 2026 estimates