I lived in Tuscany for 10 years and Northern Italy for 5. It is difficult to budget for the new and unexpected taxes the government is always pushing on the people. If you plan on living the rural life as I did, you must calculate gas and driving and high insurance. I believe 25K a year is a bit slim. I would consider cost of living just as it is here and you should not have too many surprises.Be prepared for lots of red tape. You can buy a house there, but as far as permanent residency? You are still considered a foreigner and 6 months is your limit no matter what you own over there. Maybe there are special retirement rules and laws I do not know about. Research all the rules and changes you will need to make the change so you are prepared.