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How Much Do You Need To Retire in S.E. Asia?

 
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Trinidad



Joined: 06 Oct 2009
Location: Seoul

PostPosted: Wed Dec 23, 2009 2:49 pm    Post subject: How Much Do You Need To Retire in S.E. Asia? Reply with quote

I have pretty well come to terms with the idea of never living in a western
country again. There is something about Asia that gets under your skin.
That being said my family and I are thinking of either Thailand or the
Philippines. Maybe do a bit of homestay biz in the Philippines. How much
money would you save before blowing Sparkling Korea? I was thinking
US$500,000 would be a good sum. Any ideas? Anyone have similar
plans?
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andrewchon



Joined: 16 Nov 2008
Location: Back in Oz. Living in ISIS Aust.

PostPosted: Wed Dec 23, 2009 4:19 pm    Post subject: Reply with quote

OK Trin'nad, we get it.You're loaded and we're just poor-fessors.
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Trinidad



Joined: 06 Oct 2009
Location: Seoul

PostPosted: Wed Dec 23, 2009 4:47 pm    Post subject: Reply with quote

Oops, I meant to post in General.

And andrewchon, I think you should learn to read. I said needed 500K,
not that I have 500K. If I had 500K I wouldn't be trading posts with
boneheads like you.
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Shapur



Joined: 27 Jan 2003

PostPosted: Wed Dec 23, 2009 6:50 pm    Post subject: Reply with quote

Half a million is a good figure to aim for.
If nothing else, it should give you flexibility in terms of the country because it is a pretty common threshhold for economic immigration.
There are so many variables, but with wages tending to be pretty low in SE Asia: Have you considered setting yourself and your family up there and then working somewhere like Korea for part of the year? You'd probably make a lot more money that way and still might manage three or more months vacation.
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VanIslander



Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!

PostPosted: Wed Dec 23, 2009 7:18 pm    Post subject: Reply with quote

What does retirement mean?

Thailand is full of sixty-plus do-nothings who are bored on their barstools half the time and are just waiting for their next golf tee time.

The happy way to go is to "work" part time, to own a small business run day to day by someone else, one just making the odd decision and ensuring the cash keeps coming in. Owning a guesthouse, a bar, or a cafe, something that.

Better to lighten one's workload a decade earlier in life by taking more "me" time than it is to work oneself ragged saving up then suddenly go full do-nothing mode until sickness and death.
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Wishmaster



Joined: 06 Feb 2003

PostPosted: Thu Dec 24, 2009 8:22 am    Post subject: Reply with quote

I've never understood this great desire to retire. People get so caught up in it. You do know that retire effectively means that you are no longer useful to society, don't you? I understand the idea of lounging on the beach. And that is fine for a month or so, but after that, I would think it would get pretty boring. Like people buying the belief that Heaven is paradise. Do you really want to float on clouds and sing with the angels for eternity? Doesn't sound like much fun to me. Retirement just means that you are getting closer to death. I get the idea that Thailand and the PI seem like excellent destinations, but wouldn't those places get a tad bit boring after awhile. I know that the humidity would get to me after a short time there. To each their own, I guess.
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yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Thu Dec 24, 2009 8:24 am    Post subject: Reply with quote

VanIslander wrote:
What does retirement mean?

Thailand is full of sixty-plus do-nothings who are bored on their barstools half the time and are just waiting for their next golf tee time.

The happy way to go is to "work" part time, to own a small business run day to day by someone else, one just making the odd decision and ensuring the cash keeps coming in. Owning a guesthouse, a bar, or a cafe, something that.

Better to lighten one's workload a decade earlier in life by taking more "me" time than it is to work oneself ragged saving up then suddenly go full do-nothing mode until sickness and death.


David Carradine has retired.
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Hyeon Een



Joined: 24 Jun 2005

PostPosted: Thu Dec 24, 2009 9:59 am    Post subject: Reply with quote

VanIslander wrote:
What does retirement mean?

Thailand is full of sixty-plus do-nothings who are bored on their barstools half the time and are just waiting for their next golf tee time.

The happy way to go is to "work" part time, to own a small business run day to day by someone else, one just making the odd decision and ensuring the cash keeps coming in. Owning a guesthouse, a bar, or a cafe, something that.

Better to lighten one's workload a decade earlier in life by taking more "me" time than it is to work oneself ragged saving up then suddenly go full do-nothing mode until sickness and death.


I've been 'semi-retired' for the last 4 years or so. I just hope I can get these kinds of jobs when I hit 60 or so..
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Observe



Joined: 28 Nov 2008

PostPosted: Thu Dec 24, 2009 5:03 pm    Post subject: Reply with quote

--

Last edited by Observe on Sun Jan 03, 2010 6:20 am; edited 5 times in total
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Dimitris Stylianos
Mod Team
Mod Team


Joined: 05 Jul 2008

PostPosted: Fri Dec 25, 2009 11:47 pm    Post subject: Reply with quote

Many posts that were religious in nature have been removed. No religious discussions allowed in the forums.
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