I live on 2K/month in smalltown Oklahoma and rarely cook at home. I'm pretty confident I can live on $1200/month in Thailand.
@JeremyClodfelter
3 жыл бұрын
Best of luck
@Larry-wv2cr
3 жыл бұрын
I have lived in Thailand for 10 years and it's very possible to live on 1,500 dollars a month no problem. Can rent a room for 200 to 400 dollars a month and if you can eat Thai food, can eat for 6 dollars a day easily. If you only eat western food then about 15 dollars a day. Just budget yourself and can easily live in Thailand for 1 ,500 dollars a month.
@keithhenderson4057
3 жыл бұрын
Your 1,500 /mo and his 4,000 is a big difference
@claytonbigsby7158
3 жыл бұрын
I think $2,000 is decent.. there’s no need to spend like a one week millionaire
@paw7110
3 жыл бұрын
@@keithhenderson4057 I think he means $4k would be if he was in the US. In Thailand $2.4K a month.
@ChrisBird1
3 жыл бұрын
Easy ..Thai food and a few beers here and there ..small detached bungalow/condo ,still have enough left for a gym a a massage here and here ..
@muradshawar
3 жыл бұрын
Depends what’s going on I can live there for 700$ a month Rent 300$ Food 100$ WiFi / Electric / Water/ Transportation/ Health Care / CellPhone 300$
@peenokjaidee4923
4 жыл бұрын
Appreciated, the intent of the video. People vary so much in their needs. As a frugal person, you will definitely be at an advantage wherever you live. For me, I can have a wonderful time spending relatively little - staying in a cheap room on the River Kwae, hiring a bicycle in Cha-am to explore, spending the afternoon trekking up Erawan Falls etc. I enjoy 40 baht meals and sitting by the beach in Pattaya or Jomtien with a bottle of Chang and a snack. When my state pension comes through, at about $1,000 a month, if I already have a home paid for, I have no doubt that I would have a very enjoyable retirement if healthy, if I decided to retire to SE Asia. Just looking at one's neighbours shows how much people vary in their lifestyles. Inability to balance expenditure vs income rather than the level of income of itself, is the biggest cause of financial problems
@fabriziobertoglio7342
3 жыл бұрын
100% agree. .. and you have much more fun. damn my kickass private health insurance (on top of italian public health insurance) cost me 900 euros per year and covers everything even cancer ... even when i m abroad.. for sure it is allways easy to spend more .. but with 2400 usd per month I live like a KING in italy so no need to go to Thailand ahah I think he confuses, how much you need to live in thailand with the importance of saving for your retirement
@tman5634
3 жыл бұрын
100% agree guys. Well said.
@charlielaudico3523
4 жыл бұрын
My son lives in Bangkok with his Thai wife,They live on 2k per month and live a good life
@rossinrayong632
4 жыл бұрын
2k USD is 60,000b a month. This amount is below the requirements for even a retirement visa. I am talking about retirement, travel, eating out, doing the things you will want to do once retired. Not just existing.
@GoMoreHike
4 жыл бұрын
More power to you Charlie.
@JJJJ-gl2uf
4 жыл бұрын
@@rossinrayong632 There are plenty of things to do in retirement that don't cost much money, or any money. Read, exercise, swim, online learning, relaxing on a beach, learn a language. Sure, travel every now and then, but even that can be done cheaply in SE Asia with all the budget airlines around today.
@dosstheboss100
4 жыл бұрын
How old is he I'm wanting to move there myself I'm 37 most of these videos are retired people
@farshimelt
4 жыл бұрын
@@rossinrayong632 Marriage visa requirement is 45,000 baht a month or 400,000 in a Thai bank, under the man's name only, for 2 months prior to visa renewal. My Thai wife and I live in Hua Hin on $2000 a month and we're very comfortable.
@texascowboy8612
4 жыл бұрын
I live on a island in the Philippines. Rent a very nice three bedroom house two minutes walk to the beach. I support four of us on 1200 dollars a month. This man is crazy!!
@JeremyClodfelter
4 жыл бұрын
Very nice!
@kingrobert1st
3 жыл бұрын
He's just another out of touch rich asshole. I live in Thailand on 15,000 Baht a month very comfortably ($500).
@78swats
3 жыл бұрын
@@kingrobert1st Seriously man? Where exactly you live and how is the life there? I am ok with $1000 also. What I have saved should last me at least a decade. Who cares what happens after that...
@1183newman
4 жыл бұрын
2500 a month is more than it costs me to live in england a month
@AndyMorrisArt
4 жыл бұрын
same I live on half that in Dallas Texas
@robschaller9061
4 жыл бұрын
Man you dont listen at all. So, if you live on 2200 a month in england, then to have the same standard of living in thailand you would need about 1300
@markcynic808
4 жыл бұрын
@@robschaller9061 Very true. I continually see fantasy figures stated about how little it will cost to retire in Thailand. My estimate for living a worthwhile existence there is at least £1300 ($17,000) (53,000 Baht) per month, preferably £1,500 ($1,900) (61,000 Baht). I've seen the living standards of Cheap Charlies who live on less and it's a paltry existence.
@155stw
4 жыл бұрын
$2500 or £2500? Which town? Can’t be that cheap as U.K. is expensive. If I retire in the U.K. it will be in A village in Cornwall.
@vampx79
4 жыл бұрын
@@robschaller9061 if it's like this Thailand is not very cheap at all, here in Spain you could retire in the south for 800€ a month whitout any problem, the health system is free and also you can get some help for the govern
@crazyhealthysixty1290
3 жыл бұрын
I live on a magical paradise island in Thailand 1000 usd a month
@JeremyClodfelter
3 жыл бұрын
You are awesome!
@tobiasdelabarra6086
3 жыл бұрын
where?
@lifeizzzgood
3 жыл бұрын
It's magical.
@grahammurray7426
3 жыл бұрын
@@lifeizzzgood mythical
@jamesthao5763
4 жыл бұрын
This guy living a good life in a $2,600 in Thailand. He doesn't what talking about. The average Thai people make 15k Thai and they do just fine. With 2,600 i can do just fine in 🇺🇸. With $2,600 you live a good life in Thailand.
@EternalResonance
3 жыл бұрын
exactly
@drakeandjosh007
3 жыл бұрын
Your point?lmfao that’s what the dude is say my guy
@RemingtinArms
3 жыл бұрын
It really depends on where you are in the states. 4k/mo in south florida, new York, or Cali, doesn't need "60%" in Thailand, more like 35% Likewise, if you live in a cheap state, your gonna need to keep a greater% of your income moving over.
@2008orion1967
5 жыл бұрын
I’m in Las Vegas for work and my Uber driver casually mentions that he want to retire to Thailand. I told him to watch this video and to subscribe to the channel. Small world guys!
@JeremyClodfelter
5 жыл бұрын
Thanks Scott!
@fishinginindiana1904
5 жыл бұрын
I live in America in a two hundred thousand dollar home paid for. Myself wife and two kids can life on 2500 per month. No way would I pay that much living in a place like Thailand.
@JeremyClodfelter
5 жыл бұрын
Ever been to Thailand? What’s your nest egg. Any investments? Did you spend your life living to work, or working to live?
@xomox5316
5 жыл бұрын
Not sure how someone spends 2400 in thailand but I suppose collecting things and having the best house/condo is way behind me. I live well in the U.S. for 1400, rural US sure but always go out to local event hang out with friends etc... my vacation in Thailand for 6 months 'budget' was 1600 cant even imagine spending more I did not even think about money was doing everything I wanted and only managed to spend 1600... /shrug But i do agree with the 500k mark but not because you need that much now its for future inflation a real concern when retiring almost 30 years early like I will soon.
@ariefraiser140
5 жыл бұрын
@@xomox5316 he gave you a rather simple formula. Essentially take 60% of what you live on in the US to get your Thai number so I would imagine everyone would have a different number. Really depends on what kind of lifestyle you want.
@Phil_Scott
5 жыл бұрын
I live nicely in a gated compound in Guatemala for $600 a month... food $200...Rent $250. Misc $150. I have friends that have traveled the world for 20 years, they report that amount is typical for Thailand as well. It sure is not anything close to $2,500/mo...
@manolexing68
5 жыл бұрын
I am Thai, but have studied in the US for my Bachelors Degree in Lexington Kentucky. My 1 bedroom studio alone, on the outskirts of that small city, with a bit scary neighbors costed me USD275/month in 1992. My electricity bill was USD85 and water a fraction of that. I had a heat pump service in my room for cooling and heating. Food was mostly supermarket purchased at around USD60-70/week. Gas for my car was around USD50/week for a Chevrolet Cavalier. That would leave USD1,660 left from an income of USD2,500/month. With this amount of money I do not believe I would be able to live in a major city in the US today (2019). The main reason is the cost of rental today would be a lot higher and I suppose gas would be more than the USD1.95/gallon I was paying back in 1992. But I do believe in a fairly rural area (possibly more than in Lexington Kentucky), it would be possible to live in the US today, but not terribly comfortably. However, to live in the largest city in Thailand, namely Bangkok, today would require no more than USD1,000/month for one person to live relatively comfortably (eating out in restaurants, beers in bar, water parks, shopping included) if you do not finance car or real estate. This is to me a very realistic picture in 2019.
@scottbieber1731
3 жыл бұрын
I receive $4350.00 a month in retirement pay and I'm putting $1500.00 a month away in my account back home in the states! I'm one happy dude!
@TomBTerrific
3 жыл бұрын
Would have been beneficial if you would have broken down monthly cost. Rent Utilities Food Transportation Medical Etc Most of us don’t have 20 yrs left .
@ernestconnell8087
5 жыл бұрын
The dollar figures seems a little inflated, but I assume that the percentage of the budget (60%) is accurate. So as an American, if you are used to $4000/mo., then plan on needing $2400/mo. In Thailand. If you are used to $2000/mo. in America, then you would need only $1200/mo. ($2000 x 60%) in Thailand to live the same lifestyle.
@JeremyClodfelter
5 жыл бұрын
Thank you for understanding Ernest. I appreciate the logical comment.
@Whalewraith
5 жыл бұрын
Exactly what I was thinking.
@dawienatral7083
5 жыл бұрын
I've not been but as Jeremy is always saying the cost on Thailand is no longer the cheap option it once was, Take heed of those figures or become a beggar on the streets of Thailand being deported.
@bobquinn4968
5 жыл бұрын
This is actually not going to be true! (I have a finance degree) The reason it's not true is because you have different kinds of expenses. Some are discretionary (optional like eating at cheap or expensive restaurants) and some are not (health insurance will be the same each month). Some will be fixed (same rent each month) and some will be variable (more air conditioning in the hotter months). If you rent a small studio in Iowa now or you rent a 5 bedroom home in San Francisco, the rentals for those equivalents in Thailand is not always going to be 60% (or whatever %) of the USA rentals. You simply can't just use some given % to determine the equivalend cost between two countries at both a high level of living and a low level of living. It should only be used to get a rough idea of the equivalent cost.
@patrickmanley4943
5 жыл бұрын
Bob Quinn Also rent and insurance are not fixed costs annually.
@palfishteacherron2664
4 жыл бұрын
Work online as an English teacher, would help a budget if you are going to live or travel in Thailand.
@millsbomb007
3 жыл бұрын
teaching companies are seriously clamping down on bullshit teacher who've just printed out the certificate or completed a 2 day online course
@stuckinflorida9685
5 жыл бұрын
Ross seems to live a nice life for that budget, I honestly thought it would be a bit higher. I like watching the videos where it’s not how cheap you can get by on but more this is my lifestyle and this is what it cost me, I watched a livestream last night of someone who’s budget was closer to 6k usd, but that was with 2 children in a good school a nanny and living in a very nice place. As you know from personal experience you can live cheaper than Ross but that is not for everyone, no more than Ross’s budget is for everyone. Thanks to you both for sharing. Keep Doing More Life 😎
@hillbillyintheasia6122
5 жыл бұрын
problem is all ppl in Thailand think every american is rich .
@user-sh2mk8ew4c
4 жыл бұрын
If it cost that much might as well stay in USA.
@tcb1017
4 жыл бұрын
I'm with you Monte or you may be better of moving to Mexico. TCB.
@AnthonyLauder
4 жыл бұрын
Yeah, but then you would be stuck in the USA, unable to experience the better quality of life that Thailand offers.
@paulbrown2833
4 жыл бұрын
It’s nothing like that much I lived here 18 years it bad at the moment but Thai money is strong right now. $1000 per month is still easily doable for rent bills food transportation only problem is med bills if needed so keep insurance. Loads of places for free food or really cheap street food
@caveman540
4 жыл бұрын
Monte that’s what I was thinking. Also, there is so much to do in the US also. I think we take that for granted. Same thing here, you can live simple or extravagant. We take many day trips and weekend trips for not much at all. Groceries at Aldi’s are dirt cheap. I’m not buying into this move to another country thing. I mean it’s cool, but I’m not getting the point. When my hoodie is paid off, $2000 a month here is going to be way way plenty and will be living high quality life. I have broke the numbers down here and there’s not much difference. In fact if you get your house paid off, it’s a piece of cake.
@thipphonthip6788
4 жыл бұрын
America is the most safest in the world.
@vahanarazazel4022
3 жыл бұрын
it's possible to rent a room less then 100$/month, restaurants are between 1$ and 10$, his prise are in foreigners' quarter
@rossinrayong632
3 жыл бұрын
While you can live in a small room and eat for less than $5 a day, is that how you want to spend the rest of your life. What about travel? Other things like cleaning supplies for both the house and personal. Power, water, cell phone, internet and other things you use everyday other than housing and food. Add it all up and a single guy with no vices for alcohol, tobacco or dating and you can live under 40,000 b a month, but is that the kind of life you want when you retire. Bag food and a lonely room? No thank you.
@kyjelly5524
4 жыл бұрын
I’m hoping I can retire at 55. I’m saving a bunch. I hate the heat and humid tho lol I my plan now is to get a travel trailer and just move around the U.S. to hike, ride my motorcycle. By the time I’m 55. I’ll have my house paid off, 100k in a Roth, 300k in my pension. I think I can live on the paid off house’s rental income alone.
@GoMoreHike
4 жыл бұрын
More power to you! I wish I had that :)
@GoMoreHike
5 жыл бұрын
4000 views in 4 days, for a retired man in a tank top. 🙂ha. More power to you.
@JeremyClodfelter
5 жыл бұрын
He’s not Brad for an old man. Lol
@Hanamichi6666
2 жыл бұрын
budgeting is the most important thing for whatever u want to do. But there are many things to consider: where are you gonna retire, the lifestyle u want to have and many other things
@backatbragg
4 жыл бұрын
I’ll just go visit for a period of time. Besides Texas has Whataburger and Chick-fil-a.
@JeremyClodfelter
4 жыл бұрын
Lol
@easystreet1888
4 жыл бұрын
With all due respect, I think bigger windows just let in more hot air. If it's hot outside which is mostly the case, you're talking hot inside your house unless aircon is running. Plus I'd recommend screens on those windows unless you like flies and mosies.
@rossinrayong632
4 жыл бұрын
Big windows, make for big air movement. Large roof overhangs and a north south house prevent direct sunlight and heat from staying in. Of course there are screens on the windows. Would be silly not to.
@GoMoreHike
4 жыл бұрын
There's plenty of hot air in this video 🙂
@thipphonthip6788
4 жыл бұрын
I had lived at Laos for 25 years. I love USA. I am not going back to live at Laos again.
@philippinecowboy
4 жыл бұрын
I watched this video again, the figures he shows are for his expenses/lifestyle so everybody's will be totally different. It all boils down to a persons comfort zone/needs in life. There are so many variables to this topic.......do you chase women, do you drink every day, do you eat at expensive restaurants, travel throughout the month, high end condo living? There will be a HUGE difference in cost especially if it's compared to someone who comes over here that doesn't drink, doesn't chase women but happily married but chooses to live a more simple lifestyle. This next part is about the residual income one has coming in, is it a savings account/trust fund, investment, some sort of pension? This is the kicker, for example: If you are 50 do you have enough income coming in to sustain your lifestyle here for at least 30 years or at the least to the age to draw social security? If you can answer yes then congratulations on working hard for your future. If the answer is no, stay were you are and save, save, save.........you do not want to become destitute in a foreign country!
@JeremyClodfelter
4 жыл бұрын
This is an equation to plug your numbers into it.
@dexterspeights3484
4 жыл бұрын
The greatest video ever done on real amount of money needed to retire and live in Thailand for US Expats and Tax Exiles!
@GoMoreHike
4 жыл бұрын
No doubt
@rossinrayong632
4 жыл бұрын
Thank you.
@Lanternsinthesky-studios
4 жыл бұрын
Disagree
@expat5587
4 жыл бұрын
That’s bs !!! You don’t need that amount. To live in Thailand.
@farshimelt
4 жыл бұрын
Depends on your life style & what unknowns appear: Medical, dental, transportation needs, repairs, etc.
@gstack3645
4 жыл бұрын
static gaming: $4000 a month=“I get topped off by 4-8 whores a week and go out to fancy restaurants every night.
@robschaller9061
4 жыл бұрын
You missed the entire point of the vid... he is saying if your retirement lifestyle is 4,000 a month, to have the same lifestyle in Thailand you are going to need about 60%
@TouyaXYZ
4 жыл бұрын
My grandpa is retired and he earns 8000€ monthly. He just use 2500€ monthly for every expenses in Thailand and the rest will be deposited in the bank while he gives me 700€ monthly...
@Crazyreseller
4 жыл бұрын
Touya XYZ why does he pay you 700/month?
@clausbohm9807
2 жыл бұрын
$4000.00 per month !!!???? that's crazy too much! I am living in America for less then that. Also it depends on whether you own a home there or not, if you take care of the family and if you go out to bars every night. You can live on SO MUCH less then that even now as real-estate has gone up so much over the last 15 years. I give my girl 20,000 baht every month for our home in Udon and when I am there I need only about 10,000 for myself. we then pay 35,000 baht a year for an extra condo in Koh Samui and some more for emergencies and travel. you and your girl can live for 45,000 baht easily once you own your own home. at 32:1 do the math.
@JeremyClodfelter
2 жыл бұрын
It all depends on what kind of lifestyle you live.
@KungPowEnterFist
4 жыл бұрын
I dont understand this video and its point. Is it being suggested that one should trade in a good quality of life for a poor quality of life for a 40% savings? I dont get it. $4000 a month in the US affords you quite a bit in a lot of parts of the country, and Im not talking living way out in the sticks. Although that too is an option for people looking to get away from other people.
@andyjackson5986
5 жыл бұрын
At 37 baht to £1 its more expensive in thailand than it is in the uk,unless you can live like a thai
@JeremyClodfelter
5 жыл бұрын
Interesting.
@surveyguyor8958
5 жыл бұрын
Andy, yes, i am sure you are correct because that is the case also here in the USA. However, many people want to live in the tropics. Around nice people. Nice weather, white sand beaches, amazing places to SCUBA. travel cheaply. Once in SE Asia flights are cheap. I've bought R/T tickets from Philippines to Malaysia for $40. Agreed you may choose to live in Spain and travel around the Mediterranean rim, and yes, that's also nice. But that will cost more.
@1183newman
4 жыл бұрын
first time i went to Thailand it was 71 baht to £1, the last time i went it was 52 baht to a £1. Looks like i wont ever be going back if the exchange rate has gotten that bad.
@airplanelife9839
3 жыл бұрын
I live in NYC. I pay $3000 between the two of us. That includes, car payments, insurance, rent, and food. If you paying that much to live in Thailand, I hope you getting Thai punani all day
@JeremyClodfelter
3 жыл бұрын
He's happily married.
@caesarillion
5 жыл бұрын
I think if you can get up the 800,000 baht and have health insurance if required ( I'm 70 and feel fine so forgoing same) and have 5-600 a month USD I can retire here and "live like a king." I found a cheap grimy development outside Bangkok and am doing just that although I have $1131 a month and about 1/4 million USD in bank. I had a windfall profit on my house in California. I never labored just to be super rich. It's too stressful. My overall investments already done here are between 1 and 1.5 million baht with 2 vintage cars, 4 motorcycles and 7 bicycles and 3 cheap-o condos at 30 meters sq each plus a bunch of model supplies. My biggest downside is some legal problems with my first condo and car. Twas a family business and monkey business too. I should have consulted a lawyer. However I am still hoping for a happy ending as I have kept my friends and kept cool. I have cheap hobbies like plastic models and RC gliders and biking and beach walking. I think I'll travel more in the future as I think Thai people and culture are the most interesting in the whole world. I don't compare myself to others and that makes me pretty content in all circumstances. If I want a mega yacht I'll just build a model of it, ahhahahah. I"ve met a lot of women and some of them really really beautiful. Right now I"m avoiding the bar scene and going to culture things and pool parties. I hope to marry a beautiful woman and have a baby too in spite of my age. The Monk Luang Phor Supah, his Wat is on Phuket Island, lived 118 years and that is my goal too. Long live the King and thank you all my friends. Amen.
@jorgenmansson4269
5 жыл бұрын
Always have a plan B you never know what will happen in the future. The figures in this video are for the current situation no one knows what will happen next year, even less what happens in 5 or 10 years time.
@JeremyClodfelter
5 жыл бұрын
Plan B is always a great idea!
@morgangaines4338
5 жыл бұрын
What's happening next is a worldwide global economic recession much larger than the one which occurred in 2008.
@papapa9106
5 жыл бұрын
4 grand a month amazing. If you get a monthly pension of£ 600-£1000 per month you can live in Thailand quite comfortably. The biggest outlay is leaving 800k baht in the bank to cover the retirement visa condos to buy in Pattaya start from under a million baht to buy and apartments to rent start at around 6000baht a month. If you can afford it buy a condo or house and retire here even with a poor exchange rate it's miles better than miserable rain soaked smack head infested blighty .
@pfg333
5 жыл бұрын
Is this cost for just you or is there a women in the picture. I have lived there quite comfortably for 1200usd a month ( nice apartment ,wi-fi, utility bills, and motorbike rental ) plus going out for the odd drink.
@JeremyClodfelter
5 жыл бұрын
This is just an example, but he explains the answer to your question several times in the video. Thanks for the comment.
@djsash2543
5 жыл бұрын
Why not use the normal salary from usa 10 buck a hour gives about 1500 a month to live of go MC Donald @@JeremyClodfelter
@JeremyClodfelter
5 жыл бұрын
You're so lost! LOL! This is a video about retirement, not monthly income. The monthly income is whats left over from an exhausted pension, divided by 20 years.
@youngandfree93
5 жыл бұрын
1200 gets you by maybe but you won't be splurging anytime, that's for sure.
@carvercapitalequitypartner122
5 жыл бұрын
Answer: "Effed if I know. What am I - the answer man?" No seriously, this was a good video. It was helpful to show us your numbers on paper cause us guys are visual. BTW a thai girl might think it's Christmas every day, but let her know it's not. Ask her what her contribution will be and she will change the subject pronto
@rossinrayong632
5 жыл бұрын
I don't know about the Thai women thing, my wife works 7 days a week busting her ass at her business. She does not have to work. She chooses to work and be a contributor to our family. Even my daughter works and pays her own way while still under our roof. There are many fine, wife quality women her. But I doubt you will find many in any P4P area. Look for quality women who are working good jobs. Jobs requiring an education or advanced training. Most will speak English but will be much more selective on who they will date. No one whats to fall in love to someone who will be gone as soon as their tourist visa runs out.
@dtester61
4 жыл бұрын
Michael Robert You ought to find a better class of Thai lady. There’s plenty of them, but a Pattaya bar is not the place to find one.
@waynelast1685
4 жыл бұрын
Just curious where did you come up with the $76,000 figure?
@jamescastillo2405
3 жыл бұрын
How are you able to retire at 48 years old are you retired military?
@rossinrayong632
3 жыл бұрын
I saved, invested, and have financial interests that pay me into perpetuity. I have monthly commissions from work done years ago that still comes in every month.
@johnnielson4341
2 жыл бұрын
You need to redo your math. If you have $1,000,000 you can purchase a retirement annuity that will pay you $7,000 a month of more. Or you can keep it in a mix of stocks and bonds and earn $60,000 a year. Other options. You don't take your expenses and multiply it by 20 years and use that. It's simple wrong., NPV. Secondly, a retirement requires 800,000 OF NEW MONEY in your account EVERY YEAR.
@JeremyClodfelter
2 жыл бұрын
Lol! 🥱🤔🤥 You’re not using the formula. 😂
@GoMoreHike
5 жыл бұрын
How would you say a job as a teacher factors into the equation? How long can you work there as a teacher?
@JeremyClodfelter
5 жыл бұрын
That's a great question that I am too sleepy to answer at the moment. LOL
@Dawgmeat117
4 жыл бұрын
You can make about $1,500 US a month as a teacher....to start. Not sure how long you can teach for, but I imagine as long as you are useful.
@hebertcentrone6804
4 жыл бұрын
I guess I was not that crazy after all, I want to bring my 6 cats.
@rossinrayong632
3 жыл бұрын
I can show you how to bring your animals. Its not very hard or nearly as expensive as you may think.
@sebotuna6230
3 жыл бұрын
If I had no mortgage I would live under 2k a month that's with 2 cars Not including unexpected expenses That's in Canada Own your property is #1
@MaikeruT
4 жыл бұрын
Costs maybe $300 for housing and food for a month in Chiang Mai., a suburb of Thailand. $600 flight $2400 for housing for an entire year $360 for food $400 for visas $3860 cost to get there, housing, food and visas for an entire year. Does not include phone service or unexpected costs. Compared to the lower end of rent in America Rent: $500 x 12 = $6000 Bills: $200 x 12 = $2400 Total: $8400 Food: $250 x 12 = $3000 Transportation: $50 x 12 = $600 Total: $12,000 Based off $11 an hour full time one would make: $18,624 One would be able to save less than $6,624 a year. Living in thailand is 3x more cost efficient than living in America. This isn't meant to be compared with, for example, buying a $5,000 RV and saving up a big chunk of money for a year. This is meant to compare the costs of living in a similar rental unit in two different countries with the same currency. The rent presented in America is significantly lower than most places. For example, I live in Florida. The minimum for a 1b 1ba is $1,000 a month, not including bills. But generally you can get lower rent prices if you're willing to commute further distances. And $500 a month is quite literally the cheapest you'll get in America. But taking into account the neighborhood, crime, etc it may not be all that worth it. So maybe spend your hard earned money in Thailand instead? I mean.. $11 hr is equivalent to $33 an hr in Thailand.
@rossinrayong632
3 жыл бұрын
After building our home, I have no rent, or even property tax. So a small 1 time investment will pay off for years to come. Glad you get what I was attempting to explain. For me, the bottom line, if you can not afford the required 800K to sit in a bank, you are never ready to retire. Less than 30k saving will never last you the rest of your life. You need investments, multiple revenue streams, and a lifestyle where material things are the last items you want to spend money on.
@jmsiii4751
3 жыл бұрын
You're talking about living a pretty high lifestyle with those figures.
@TheSushiandme
2 жыл бұрын
Funny how the midwest is almost as cheap as Thailand lol 😆
@MAGA_USA
4 жыл бұрын
$4000/month. . ? ? ? You live like rich people in thailand. . Thai people make only $400/month. . ! ! !
@youngandfree93
4 жыл бұрын
But you are not a Thai person. Honestly there are many things that cost more in Thailand than back home. If you eat Thai food and drink Thai beer it will be cheap but it will get very boring after awhile and they tend to have very small portions.
@51THEUFO
3 жыл бұрын
With 4.000$ a month you will live like a poor, minimum is 15.000$ a month and thats for a remote village around Chiang Mai, if you want to live in Bangkok, you need at least 50.000$ a month.
@chihangkwok5591
2 жыл бұрын
Thanks so much for your sharing and i wish you have an amazing and fruitful retirement in Thailand!!
@francoroberti6702
4 жыл бұрын
Good for you I love Europe with this amounts of money 💰
@GoMoreHike
4 жыл бұрын
I like Europe too.
@christopherdiamond495
4 жыл бұрын
Properly invested, that $576k could pay you $25,000 per year with a 2% increase in the annual income every year for cost-of living increases and the $576k would grow. Further, you can get a loan for a condo, but the cost of the condo must be in excess of 10 million baht, and you need to have 50% for the down payment. Some banks will do a loan for a farang to cover the remaining 5 million baht. Farangs cannot get loans for a home and cannot buy home or land without a Thai national being listed as owning 51% of the interest in the home and land. There are a lot of ways to skin this cat. I see many videos saying you can live here for $600... Sure, you can... but that's surviving, not thriving. Single? You can live quite comfortably on $1,800 per month even in Bangkok. A couple? Well... my wife is Thai and she owns our condo (still paying a mortgage) and our living costs are below 45k per month. We spend more... but we enjoy ourselves quite a bit. =)
@JeremyClodfelter
4 жыл бұрын
Good assessment
@aliceinwonderland42020
4 жыл бұрын
All those people complaining that 2500 is more than they live off of now, he showed it with 60% of his previous living cost of course it’s gonna be less if you only live off of 1500 now. Regarding to another video you can live off of 400-600 a month but there you have no security deposit.
@tmtp76
5 жыл бұрын
You don't need this much money even in the entertainment zones.
@rossinrayong632
5 жыл бұрын
Depends on the life you want when you are retired
@Dawgmeat117
4 жыл бұрын
You clearly do not take advantage of the entertainment. I could easily go through $2,500 in a week in Sukhumvit. I wouldn't, but it would not take a great deal of effort.
@aussierock2
4 жыл бұрын
Thanks for taking the time out for us From an Aussie
@GoMoreHike
5 жыл бұрын
Very informative. A wise man once said, "Cash Rules Everything Around Me, CREAM, get the money" :)
@JeremyClodfelter
5 жыл бұрын
They didn't call him method man for nothing. LOL
@hardenstine
5 жыл бұрын
Dollar dollar bill y'all
@blackbolt1013
5 жыл бұрын
👊🏼👍
@PedroThai
5 жыл бұрын
Some good info, but I believe you have to have a plan B, what if you decide after a certain time in Thailand you have had enough and want to go home, what have you got at home, I believe you should still have somewhere to live back in your home country if things don't work out and believe me sometimes shit changes, I am deciding to travel to Thailand say for 6 months a year and then return to oz for the summer and visit family and friends. I reckon you should even consider leasing in Thailand not buying so your not stuck in the one spot, just a few of my thoughts on the mater, cheers, new sub.
@JeremyClodfelter
5 жыл бұрын
A Plan B is a must for me as well. Some people need them, very few don't.
@hoseamatthews2046
3 жыл бұрын
Thx this helps me so much
@amoszook3775
3 жыл бұрын
lived in pattaya in the native quarter in a room for $100/month & electric, but that was 2002 or so.At that time, the average thai made $100/month.Native neighborhoods are usually cheaper, but may lack safety & prestige. I found thais friendly & never had a problem but took care to never show material wealth or any vulnerbility.
@JeremyClodfelter
3 жыл бұрын
Thanks for sharing
@truthbetold6496
2 жыл бұрын
I sold my condo and invested the money i made, i am now living with my mom she is 80 taking care of her, i will sell the house when the time comes and have close to 700000$ but Canadian money, around 60y old, i will also have a pension because i been working for more then 35y in Canada. Living in Thailand looks so much cheaper then anywhere else, i don't drink but i do eat out.
@rayray2613
5 жыл бұрын
Good video. There are still vloggers selling the “live for free” in Southeast Asia script. I would say the cost is 70% of what it costs in america though.
@JeremyClodfelter
5 жыл бұрын
Fair enough, but I can assure you, the "live for free" days are over. LOL
@farshimelt
4 жыл бұрын
Depends on where and how you live.
@texascowboy8612
4 жыл бұрын
This man is crazy. I lived in Chiang Mai on less than 2,000 a month. I could have lived on one thousand dollars a month. I know that a friend lives on 600 dollars a month. No frills but it's possible.
@rossinrayong632
4 жыл бұрын
I live in Rayong, Thailands wealthiest province. It costs more to live by the ocean. Just like in the USA.
@kwankao1039
4 жыл бұрын
600 is only for a condo rent.
@craigstuart9389
4 жыл бұрын
very sensible although what your saying half the people watching probably don't want to know
@GoMoreHike
4 жыл бұрын
Inquiring minds want to know
@rossinrayong632
4 жыл бұрын
People hate to hear the real truth. Its so much easier to live in fantasy land. Its simple math, if you dont have enough to retire in Thailand, then you definitely cannot afford to retire in the USA
@RetiredandLivingthedream
4 жыл бұрын
Wow that’s expensive I live a good lifestyle for much less.
@rossinrayong632
4 жыл бұрын
If it was just 1 mouth sure, but I have 4 mouths to feed, plus a lot of dogs. If I am not mistaken, I have see your billboard for your youtube channel on a shop house on side street just down from the 7-11 and Pizza Hut in Ban Pea. We have different lifestyles.
@joshuarhoades2740
5 жыл бұрын
Thanks for the advice, I'm 40 years old and would like to retire there. Just about to buy a house here for income there would that be a good idea. Not now but later when I turned 55 or 60.✌️🇺🇸
@rossinrayong632
5 жыл бұрын
Solid plan, but you will still need more than a trickle of money. Having a large nest egg to work with, will make it easier to make big decisions such as where to live, what to do, what type of insurance ect.
@joshuarhoades2740
5 жыл бұрын
@@rossinrayong632thanks for the reply it's still early for retirement and I have more income after buying a house. Would like to find a Thai woman that is normal and don't party.
@molonlabe9602
5 жыл бұрын
Why wait until 68 for social security? Taking it at 62 means you don't start losing until 77 years old...not counting money you can earn from 62 to 68 by leaving your other money in investments. How long are you going to live? How about health care? You have to have health insurance for a retirement visa now. I'm on the Thai SS health care and will be until I die. Less than $15 per month full coverage and no deductible.
@michaeljames1714
4 жыл бұрын
You frgot to mention the rising cost of living in Thailand, which goes up every year and will eat your budget. Not to mention the hugely increased Thai exchange rate $ to baht.
@davidleeconnellys1027
3 жыл бұрын
The cost of living goes up every year no matter where you are
@MajesticFerret
3 жыл бұрын
Some thoughts: 1. You can live in Thailand for much less...for the people in the comments whining that that is a lot of money. You can live in Thailand LIKE A KING for $2400/month. You will be living like a peasant on that budget in most places in the US. 2. The reason I would still consider US better than Thailand when you're a worker is simple: Thailand is a poor country and their salaries are typically ass. This is why you try to save up money while in the US and then move to Thailand and live like a king. If you are BROKE, moving to Thailand isn't going to do you any favors as you don't have enough savings and the salaries in Thailand are low. 3. Many people in the US will NEVER retire. Most will never acquire the savings and will be working for the rest of their life. So yeah, just some thoughts for the people in the comments complaining this is "too expensive." If retiring in Thailand isn't affordable for you, you likely will never "retire" in a 1st World country and will likely be working a job until the day you die.
@rossinrayong632
3 жыл бұрын
I could not have said it any better. Most Americans do not save for retirement. Most have less than 1 weeks salary in the bank. I learned at an early life to invest in myself, not get caught up in the material things. It allowed me to move here at 48.
@youngandfree93
5 жыл бұрын
Living like a Thai maybe 60 percent less but definitely not like a westerner. Costs are much higher now than they used to be and many imported things are higher here than in US or Canada. If you want the exact same lifestyle back home expect to pay nearly the same too.
@rossinrayong632
5 жыл бұрын
I became more of a minimalist since living here. There are possessions I just dont need, nor do I have a basement and garage to store them in anymore. Best I have now is the tool shed
@GoMoreHike
4 жыл бұрын
I went to the woods because I wanted to live deliberately. - Dead Poets Society, movie
@Malefabulous
3 жыл бұрын
Jaja need I Million dollars to live in Thailand!! Jajajajajaa.. I can Live in Oaxaca for 1000 dollars per Month and zero at at the bank!..
@angetodac
3 жыл бұрын
osaka?
@jozero2586
5 жыл бұрын
There is no 'the cost of living in Thailand' - it varies by lifestyle and location.
@JeremyClodfelter
5 жыл бұрын
Exactly Jo. Ross is telling his story. Yours will be different.
@rossinrayong632
5 жыл бұрын
Jo, you should be able to budget a cost of living based on your lifestyle and diet in your home country. From that number, to have a similar lifestyle in Thailand is 35 to 40% less. Its been this way for the last 18 years I have lived off and on here.
@jozero2586
5 жыл бұрын
I've been living in Chan for 10 years. Wife n 3 kids. No rent. It costs us 55000 bht/month average. The video is about trying to calculate long term financial needs.... not easy in todays uncertain world with zero interest rates etc. Thank you.
@pettermillar4158
4 жыл бұрын
@@rossinrayong632 35 - 40% less down there ain't much. I thought based on standard should be only 20% of living costs in US. I am in Canada, and one day I totally retire, with my pensions and my not big savings I could live in my home country in Europe as king.
@nino714
4 жыл бұрын
Here’s how I’m planning for retirement. I use a basic rule of thumb for retirement called the “4% Rule”. Look it up. Basically you need 25X your annual (retirement) expenses in savings (401k, pension lump sum, IRAs, cash, etc) to retire and you will should never run out of money. 👍🏽Remember your retirement expenses will probably differ from your expenses now. Housing may be lower and medical may be higher. Current debt may be paid off, transportation costs, etc. If Thailand is as he states is a 40% discount you just need to multiply your savings needed number by .6 (60%). In his example he multiplied the expense number by 20. This could work but may run out of money if you live long time. It’s cool eating noodles when you want them but you will hate it if you have no choice but to eat street food for the last years of your life cause your near broke. As for the Thailand start up costs to retire in Thailand I think it can be done for much cheaper. I found example which work as well From another vlogger, Foreigner Joe. He’s a good guy and has never said anything negative about Jeremy. Foreigner Joe outlines what he needed to retire in Thailand last year. Check his earlier videos when he first moved to Bangkok. I’m wishing all of us a long and happy retirement wherever it is! 😊
@HtPt
4 жыл бұрын
Your math is correct except ( - the thai girlfriend )
@thatguy7119
5 жыл бұрын
Great video. Very clearly explained. I also thought it was more realistic than 90% of the other budget videos out there. Yes, it’s clear that you can live for less than that if you want to. But it’s also clear that if you go in expecting this budget, you’re far less likely to get a horrible surprise down the road.
@JeremyClodfelter
5 жыл бұрын
Thank you very much for your logical response. It is greatly appreciated!!
@bopcph
3 жыл бұрын
It is a little weird that a US citizen needs 20% more money to live in Thailand than a danish retiree gets in stat-pension, and is able to live of IN Denmark ?!?. Everything in TH, that you need to live - food, rent ,,,,, - cost 1/3 of what it costs in Denmark, so why will I need a 20% higher budget in Thailand than in Denmark ???? I can eat twice as healthy for 1/4th the budget in TH and I will only have to pay half as much for a place to live in TH than for a compareable place in Denmark. Why is it that, just about, every time a US citizen shows a budget for living in TH it is way more than everyone else (usually 50-100%) can live a comfy life for in TH ????
@Sabbathissaturday
4 жыл бұрын
I would end up spending all of my money on air conditioning.
@rossinrayong632
4 жыл бұрын
Aircon is surprisingly not that expensive. Running 12 hours a day, plus 4 people with showers, water pumps ect. Still about 100 a month
@davidleeconnellys1027
3 жыл бұрын
My 3 run all day ...bill last month was 2600 baht
@jamesl9539
3 жыл бұрын
If I sell my house, I would have $2.5M in liquid assets. Would that be enough to retire on in Thailand?
@regnregnet1673
3 жыл бұрын
Omg ur weird.
@kentnauman9863
3 жыл бұрын
Never sell your home or business in your home country
@bigbearhugebear9018
5 жыл бұрын
I have to say those ceilings are beautiful....You can't find those in a regular house in the PI or the USA…..
@jimbarr4606
5 жыл бұрын
And he’s got a full size refrigerator sitting in the background! That is luxury.
@rossinrayong632
5 жыл бұрын
Jim, I have 2 full size refrigerators. The downstairs kitchen is in the style of a catering kitchen with 28 feet of U shaped counters.
@gbugg1361
5 жыл бұрын
Hi Ross & thanks for sharing this info. The issue for many will be that they can easily do some work in their own country so have an extra income, whereas in Thailand (in most cases) they will not be able to. Also there will be those that have very low outgoings in their own country because they have their largest outgoing paid for, their house. This can mean that in their own country they're actually saving up good money (low outgoings v large incomings) & moving to their dream Thailand would put them alot out of pocket. This probably gives them the opinion that it's better for them to take say a 90day trip to Thailand once per year. Whats your thoughts?
@rossinrayong632
5 жыл бұрын
I have a Thai wife, so the idea of traveling back and forth is not worth it. Rent in America, Airplane tickets all that adds up. When I was in my late 30's I was doing contract work. When I was not on a contact, I was living in Thailand on 90 non immagrant type O visas. This allowed me to stay 90 days without checking out of the country every 30 days
@timdemond1396
5 жыл бұрын
It is generally thought that if you withdraw 4% from your nest egg per year then it will last more than your lifetime. So if you want $40,000 per year in income and your money is invested wisely then you will need a $1,000,000 nest egg. $40,000/ .04= 1,000,000 A more conservative lifestyle of $1,500 per month, 1500x12/.04= $450,000. Cost of living increases can be had by making more than a 4% return.
@rossinrayong632
5 жыл бұрын
Tim, you only reinforce my original statement on how much money you need saved before even thinking of retiring. Thank you.
@QQQBall
5 жыл бұрын
The 4% is a safe WITHDRAWL rate. The Stock Market, depending on how you calculate the ROI, gains 8% or moe per year. Your $1MM grows to $1,080,000 on average, you withdraw the $40,000 or $43,200; the investment base is now $1,040,000 which grows to $1,123,200 and you deduct 4%$44,928... and so on. So your nest egg is growing (on average) and so are you withdrawls. You can always work longer and use 3% w/d rate. I personally like one FIRE blogger who with her husband worked 3 extra years and used that as an extra buffer. Its personal, so whatever works for you.
@Kotiara123
4 жыл бұрын
The general consensus in the early retirement community is that the 4% rule is too optimistic, especially given the inflated asset prices these days. 3-3.5% is more like it. Which means 15-17.5K on 500K or 30-35K on 1 million.
@andrieskaden378
5 жыл бұрын
Until negative interest rates kick in, then it all changes. Maybe put some $$ into BTC. Just incase.
@matmar2009
4 жыл бұрын
The amount of €£¥$ needed may differ depending on your lifestyle but the advice given here are solid. Seen too many western struggling in Thailand due to lack of budget discipline.
@GoMoreHike
4 жыл бұрын
There ain't no doubt about that @matmar2009 !
@KrayPurn
4 жыл бұрын
You will never know what you personally can live a very contented life on until you actually spend 6 months to a year living in Thailand. Initial cost is the biggest hurdle. Get pass that and stick to a budget. Don’t allow people wether foreigners or a local girl to draw you in to spending beyond your means. Thailand is a beautiful country. It helps if you really love Thai food.....as it can be extremely cheap without sacrificing quality. Beware of Thai girls that are either unemployed or who work in one the tourist service industries. And never, ever speak to any amount of money you actually possess.
@rossinrayong632
4 жыл бұрын
6 months is enough time to get out of vacation mode and back to reality.
@Dawgmeat117
4 жыл бұрын
Very true. Six months is a good figure. My biggest concern is the weather...it is so danged hot.
@grahamjohnson4702
5 жыл бұрын
Bigger windows do not help to keep the interior cooler but the opposite, and that is why here in Spain all windows are small and have roller blinds that are mostly kept down or just slightly open to let a bit of light and air in to the house. Newer houses are having bigger windows but that is for the upper end of housing market were buyers can afford new lower cost A C units.
@rossinrayong632
5 жыл бұрын
Graham Johnson It’s the very tall roof that keeps the house cool. Heat does not get trapped in the ceilings. the large windows allow air movement from any direction. Where my house is located, its surrounded by tall rubber tree farms, they create a constant shade and cooler air below. As the wind blows through that area it cools a bit. It also helps I am very far from the concrete jungle of the city.
@grahamjohnson4702
5 жыл бұрын
@@rossinrayong632 Tall roofs do not stop the heat from the sun from heating up what is behind the window, your rooms, so the less sun you allow in to the room by having smaller windows keeps the temperature as low as possible. Why do you think greenhouses are built the way they are?
@GoMoreHike
5 жыл бұрын
@@grahamjohnson4702 Having less natural light inside a fancy house sounds like a bummer to me
@piresentertainment
3 жыл бұрын
Thanks for sharing! Budget is very important! Is this a 20yr budget?
@brian5606
4 жыл бұрын
Will $1310 a month SSI be enough to live there. No savings or other monies, just SSI. Will $1310 be enough
@JeremyClodfelter
4 жыл бұрын
you can't live out of the states on SSI. you can live outside the states on SSDI.
@RetiredWorkingForYou
4 жыл бұрын
I love your video. I like your style man!! Thanks for the details!
@JeremyClodfelter
4 жыл бұрын
I appreciate that!
@osros
5 жыл бұрын
I find the $2400 a month a good number but on the high end and nothing wrong with it if you got it. My budget is less than that but as we know lifestyles and/or existence is different for different people. The key is a good budget and to plan and PLAN WELL. I am bringing my wife and some things will be x2 but not all still doable. Some of us won’t have $500k in the bank, late starter here but I will have something and will have income from the usual retirement sources, I even plan to stop working a little early on a certain budget move and raise my budget later on as more income comes in. Any plan can fail small or large budget, just be realistic and have a cushion.
@JeremyClodfelter
5 жыл бұрын
The video is not about a monthly retirement budget, It's about a retirement plan. The numbers are examples. Thanks for the comment.
@osros
5 жыл бұрын
DoMoreLife Yes, appreciate all the work and videos adds to the research.
@gvines
4 жыл бұрын
Never take financial advise from someone with 17 dogs
@rossinrayong632
3 жыл бұрын
18 dogs now. I would not take financial advice from me either. But, after living here 6 years, traveling all over Thailand. Maintaining a life style I want. My numbers have stayed consistent.
@dumaguetevlogger3241
5 жыл бұрын
Excellent video, need more like this.
@T-Tuohy
4 жыл бұрын
I’ve had a Thai credit card for 20 years.
@petmak4998
3 жыл бұрын
how? I thought cc were only for Thais.?
@danielesbordone1871
4 жыл бұрын
You can live in Europe with $2400 a month , who wants to go to Thailand ?
@JeremyClodfelter
4 жыл бұрын
People that don't want to live in Europe.
@GoMoreHike
4 жыл бұрын
me!
@Stanveljkovic69
4 жыл бұрын
Live in Europe? Thailand is only about 100 times better
@travelingdude1621
3 жыл бұрын
Residuals, commissions in retirement, retiring before age 50, etc., most people here in the US will never have any of those things. It’s actually funny because statistics say most Americans don’t even have $500 in the bank to their name if they needed it for some unexpected expense. I don’t know what career you retired from but most people would never be able to be in a retirement situation like that, at least not until their 60s if at all. Unless somebody retires from the military with an immediate monthly pension payout, hits the lottery big time, receives a big inheritance, wins a big settlement or in some other, rare, uncommon way, just about nobody would be able to retire before 50 and move overseas. It’s just not a real possibility for most people. Just a fact. 👌🏻
@rossinrayong632
3 жыл бұрын
You are correct. Not everyone is as fortunate as I have been. I made many good decisions in my youth. I also had a motivation to retire by 50. Both my father and step father passed away by 55 still working. I did not want to work until I died. I also want to be able to enjoy retirement life while my body was still strong enough. Nothing worse than being in your later years, having time and money, but no power to do the things you could have done 10 year prior
@victordasilva5255
4 жыл бұрын
The sweat on your upper lip....tells me I’ll just work harder and stay in the US
@JeremyClodfelter
4 жыл бұрын
Play nice
@drummerchicago
3 жыл бұрын
that cost is insane I would prefer to retire to the Philippines or Mexico or just stay here in the United States. OK let's do some number crunching. First I am a CPA and I deal with numbers every day. Not sure where you get the 4k a month (for a family of four that is correct) but just some napkin math using Chicago as the basis. For a single person estimated monthly costs is approximately $ 2,6132 depending on how well you want to live. Also, your biggest expense will be rent or a mortgage note and that depends on your starting location.
@JeremyClodfelter
3 жыл бұрын
It’s a formula. Plug in your own numbers.
@rossinrayong632
3 жыл бұрын
If you have the ability to retire outside the USA, I would tell you to go for it. You will get far more for your $$ in the countries you mentioned. But if you do not plan on working and do not have any other source of income, make sure your money does not run out before you do.
@onishogun236
3 жыл бұрын
Why is nobody talking about the fact that he has 17 dogs lol
@bettymurphygrumpus8899
3 жыл бұрын
😂
@rossinrayong632
3 жыл бұрын
18 now. We love dogs. They make great security for the family, provide hours of comic relief every day.
@patrickglennon6834
3 жыл бұрын
l can live comfortably in$1,400 in Florida, no debt is 5he key, I will collect $1000 in s.s 8n 2 years. vacation twice a year to guatemala
@JeremyClodfelter
3 жыл бұрын
Congrats! I’m glad you are enjoying life.
@rossinrayong632
3 жыл бұрын
You are 100% correct, no debt is the key. If you are caring debt each month, you are losing money each month.
@ligayakrips2646
3 жыл бұрын
Its so expensive compares in Philippines. My husband and i went to Philippines in baguio city we rent a very decent house just only $200 dollar a month.only 8 months in baguio.then we move to another province for another year we rent $200 a month is huge house with steel gate.living in Philippines is more cheaper than Thailand.
@JeremyClodfelter
3 жыл бұрын
I lived in the Philippines for 9 months. I respectfully disagree. The quality of life in Thailand is far better than the Philippines.
@apb38
2 жыл бұрын
Or I would guess if I paid approx $2000/month in America my cost could be around $1300/month for my level of living. 1500 would also be acceptable.
@jeffmazziotta
2 жыл бұрын
Curious, as a retiree in Thailand, can you pick up a part-time job teaching English or some other type job if you like? or are you not allowed?
@JeremyClodfelter
2 жыл бұрын
I am not 100% certain on this question. I’ll look into it.
@garyfrey7
5 жыл бұрын
Your nuts no way
@GoMoreHike
5 жыл бұрын
I agree. This guy should have adopted cats and not dogs. I like cats.
@isaanman5399
3 жыл бұрын
Different life styles different costs. I would say a good rule of thumb is retirement is a time to downsize & the average Brit gets 70% of working income but are rent & debt free. Then estimate the cost of living here to were you come from & for me that us 70%. 70% of 70% is 50%. Average income for a Brit couple is £32,000 & 50% of that is £16,000 which is 720,000 or 60,000/ month but that is based on being rent & debt free. I could manage in 45,000/month but I wouldn’t want to & 75,000/month would let me take more trips & mini breaks. So for me & the wife being rent & debt free. Living in a modest bungalow with an old pick up & PCX, 2 dogs & a cat. USD 1,500 would be my minimum & I would have to cut back on the life style I want. USD 2,000 gives me a simple but comfortable life style I enjoy. USD 2,500 would let me indulge in regular mini breaks etc. Anything over USD 2,500 I wouldn’t spend.
@hyballs
5 жыл бұрын
I had a good laugh at your numbers. You either live like his majesty the King.....or your not real good with working things out.
@rossinrayong632
5 жыл бұрын
Or I just have lots of money invested in many places. To have over 1/2 million USD saved by 48 should tell you something about my financial situation
@nonamedlish
4 жыл бұрын
You think living on $2,400/ month would buy you a king's lifestyle? Hahaha
@stephensav2728
3 жыл бұрын
I lived in khon kaen for ages and try as I could, I could not spend $570 USD a month ( I'm talking recently too ) and I went without nothing )) This guys figures.... are off with the fairies! Provincial areas where I live the Thais are lucky to earn $240 to $285 a month, yet they are living ok and 80% of them are driving under 5 year old cars! Something wrong with this guys maths! Either that or he has a Thai wife, wanting 30k baht of gold splashed onto her everyweek lol lol
@mmaranta785
3 жыл бұрын
Actually, if you golf, a lot of Thai courses are resort style, and can set you back $100 a round, though lesser courses can be $40-$50 for 18 holes. If you like the nightlife, alcohol, girls, etc, you can easily spend $4k a month
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