There is at least one source that suggests he now lives in Albert Lea, MN which is a small town about 90 miles south of the Twin Cities.
I last saw him at TNA in Nashville when he decided to walk out toward the ring in his underwear during a post show fan interaction.
I have no idea whether the info below is valid.
12/8/08 – 12/9/08 EPISODE SYNOPSIS:
Perry Saturn lied about being shot in 2004? Exclusive to this show, lots of details revealed as to what Perry Saturn has been doing the last 4 years. Several marriages, unpaid child support, tax liens, house foreclosures, and more. While we are very happy he’s alive (contrary to rumors elsewhere), it is pretty sad what has become of this once very talented wrestler. You will not find these details ANYWHERE ELSE..