I paid $45,000 upfront to rent this Bali home for 10 years. Here’s what it cost me to retire there.

Debbie Welsch, 57, an American who retired to Bali with her 82-year-old mother. Business Insider Debbie Welsch moved from Los Angeles to Bali for a simpler, more affordable retirement life. Welsh's Bali home costs $8,000 annually, drastically reducing her living expenses. In Bali, Welsch lives on…