You are awesome. Your views and opinions made a lot of sense. You have my subscription. Keep it going!! A younger fella married to a bisdak Filipina for 8 years now.
am experiencing what you’re describing now, watching an older uncle regretting his life choices and seeing my future in him if I don’t take the leap. appreciate your video.
Advice, buy your plane tickets on skyscanner months before your flight to save money, Ive been to over 30 countries mostly in military, Thailand is great, Philippines land in manila and fly right way to Bocolad or illolio, maybe a beach destination, eat where locals eat and only drink bottles water, watch the ice in drinks can make you sick.
My wife is Filipina. We spent over 40K building a nice house on her ancestral land just before I retired. We spend a month or so there every year and one time we spent a year in the Philippines. I love it there and her family (including her 75 first coursins) are top notch. Hard working, honest and they love me more than my biological family does here in the USA. My problem is my health as I grow older I would live to live my last years out there but I am on a 24 hour cardiac monitor and things like that. I have a good cardiologist in the Philippines but their infrastructure is not ideal and so far they don't take Medicare. When my wife retires here in the USA I want to try it one more time full time in Cebu if my health allows. Wonderful land with wonderful people. I love to go for long walks and stop and buy a fresh 5 peso roll. They smell so good when they take them out of the oven. You can smell them for a quarter mile! We can live very comfortably for $2,000 a month. In the rural areas a fried egg in a cafe is 20 cents (USD), a small piece of ham is 20cents. Coffee varies a lot but I was paying 8 pesos (18 cents). So a buck will buy you breakfast. But no free refills. You have to money up every coffee refill! There is a nice German cafe a mile from our house and a nice breakfast is about $7 there. I eat there a lot too. I love it there.
@@prairiemark4084 Nice! We built a house last year in the town my wife is from, planning to move there when I retire. As people say, emergency health care can be an issue. But I do love it over there.
@@prairiemark4084 - Best of luck. We have a house in the southern suburbs of Cebu City. But right now we live in the States, and I prefer BGC when we visit the PI. I don’t have any experience with St. Luke’s hospital in Manila or the one in BGC, but always figured I’d go there if a health emergency pops up while in the PI.
@@justsmy5677 My wifes family has many nurses in it and they helped us decide. I found out there was only one hospital in Cebu that serviced my brand of pacemaker, and that was Our Mother of Perpetual Secour. I was very happy with the cardiac care there. There is also a large Chinese Hospital in Cebu that is very good, and a third private hospital called "The Doctors Hospital" that I have used and it is good. And some of the public hospitals are not too bad in Cebu City, judging from how my wifes extended family of 75 cousins report.
It’s nice to retire in the Philippines. But it needs a lot of preparation. Like having enough money money money and consider the things that you might incounter in the future like health health health, if you retire in the Ph. You don’t just pack your bag and buy a plane ticket and BOOM. You are now in the Philippines. Consider your needs, thus your funds enough to cover your expenses.
My wife and I grew up poor in a mining village in northern Canada. Now, in retirement we are 65 and 53 and we have extra money to do what we want but it's hard to let go. But, we will do two luxury trips a year. We did 12 trips to Cuba and several other budget trips along the way. Oddly I never saw any seniors on the beach because they where waiting to do it someday. Someday doesn't exist so I have to tell myself this.
Healthcare is my issue but also the boredom of living in the Philippines. I stayed at my mom’s hometown in Iloilo and I wanted to leave after one month. There is internet and the food is cheap but was I bored out of my mind. I’m 58 now so my mindset might be different in 10 years
@@vram5717 Yeah, I know what you mean. I am hoping that staying busy with our family and working out and finally having the long period of time off work to let my mind get focused in on my writing will be enough. That’s my real goal. Actually, from when I was young. To have enough money for the bills and then write.
WOW, we were just in Ocala on Friday. We were down that way for the Philippine outreach in Gainesville the wife and both kids are now dual citizens and have 2 passports each. As soon as the passports arrive we'll buy tickets for the move to Mindanao 😊
@@BobConserv59 Cool! We need to hit one of those events sometime so my wife can do her dual citizenship, too. We were at a couple of Filipino festivals where they had that going on, but we need to make an appointment sometime. I’m not sure if we can just run down to Miami or not. Haven’t looked at it for a while. I knew they had events in Kissimmee and Jacksonville and Gainesville, but we’ve been focused on her trip back home this past year.
biggest issue in the Philippines is health care. If you need emergency care.....good luck. For elective care, just fly back to the US to use your medicare.
If you have money and health issues, you can easily afford your own in-home nurse. They get paid so cheap there but if you can pay her really well, Im sure she'll take it rather than go abroad and end up away from her family like most fresh graduates do.
I had a left hernia correction and was considering going to America. The problem is scheduling and on outpatient procedure. You have to fly out and schedule. That might take months. Many ERs will.not do these procedures if they are not life threatening. We had the procedure done in the Philippines and I'm still alive. The nurses are good around the clock and the surgeon has helped me in the past. Alot less stress. Original medicare only covers 80% and many hospitals might refuse new patients for medicare. It's hit and miss. Alot depends on the procedure
I felt old when I was in Mindanao in October. Lots of young people working . The plane ride to Mindanao I was the only white guy. Also I felt like I was the oldest on the plan. My age is 53 years. I can easily retire with no problem. Once a person knows their expenses it is simple to me.
What are you guys doing in Mindanao? Are your wives/family there? I would not get too far southwest in Mindanao. My wife is from Mindanao and I’ve been there several times, but we bought a house in Cebu.
I am thinking of moving to Mindanao too and semi-retiring. I have banking experience in Canada so I am planning to work part time in the informal banking sector. They call it 6/5 loans and we don't need a banking license if we keep it informal (i.e. don't incorporate). It is important to stay busy so as not to become bored in retirement. Many people die young if they retire without a hobby etc. I probably shouldn't say this but the Philippines is still underbanked and there is a lot of potential with G-cash and Islamic banking in the Muslim areas of Mindanao. Wish me luck! 🎉
@@scottbaird5674 Honestly, not sure yet. I turned 61 recently. Working until 62, at least. But I may keep going another year or two. Have to see what the situation is with everything, how our new contract situation works out at the post office. It will boost my “high three” salary calculation a little bit. I have always thought I won’t go until my social security and pension together add up to at least four grand a month. We’ll see.
@ Oh, yeah. If I stay that long, especially with future raises and a longer number of years towards my pension, it would be more like five grand. Of course, by then, they will probably have decided to cut our social security benefits by 25%. Never can tell. For sure, I won’t work that long, though. My wife went back for five weeks and got to live in our new house with her mom and our nieces and see her home town. She is ready to go back right now. It is so expensive and crazy here in America. A lot more chill and relaxing there. Just not paying our current rent, car payment and insurance is $2000 a month we won’t have to pay every month. So, having less coming in and living in a lot cheaper place will be more than doable.
It is going to cost you just as much to live in another country as it does in the U.S. if you compare like to like! Too many people on RUclips selling you a lot of BS.
@@lifeshacks3995 Well, yeah. If you plan on eating at American restaurants and having Starbucks a couple times a day and driving a big car and living in a gated community with security, it won’t be cheaper. But a lot of people don’t need or want that lifestyle. Obviously, though, you need to like the lifestyle where you’re going. If you’re just going to sit in a $100/month apartment bitching about roosters, it’s not worth going. We built a two-story house with a roof deck that we never could have built for the price we did here in America. And, honestly, my wife, our nieces and my wife’s mom could easily eat great food and have a very comfortable life in that area for a whole lot less than we could in any place in America that’s worth living in. Sure, some ghost town out in the midwest that is dying up and blowing away might compete-in terms of price, at least. But there’s no life there.
Tradeoffs. Inexpensive, if you have limited resources there's definitely attractiveness to moving to Phils/SE Asia. However you lose your roots: family, friends, and the quality of services in the US is better on most cases.
@ Yeah. For me, though, as a bit of a wanderer and a loner who wasn’t living around my family for a long time, it is easier. I am taking a trip back out to Oklahoma to visit my brother and sister this year. I do miss them, especially if I stop to think about what a bad brother I am, but my family now is really in the Philippines. As for my roots, I’ve been gone a long, long time from that. It’s not like I am going to be buried in the ancestral plot with my forefathers. My passage through this world will leave few ripples. But we’ll see what comes after.
Only see other white guys if I go to the malls etc. No big deal as most locals have seen white people unless you go out to the provinces where you might get some stares but people are nice.
He’s not that old. His wife is probably 6-10 years younger than him. I retired at 60. My wife is 8 years younger than me and still working for a few years. Lots of couples have one person working for a few more years in order to get closer to Medicare age. No one wants to go out and buy medical insurance if one spouse has a good job with medical benefits and they are in a position to earn good pay and enjoy the job.
@@Parabola007 Actually, my wife is about 29.5 years younger than me. I just turned 61, and she is 31. She went to school to be an English teacher in the Philippines, but she works at a Walgreens a couple blocks from where we live. I could retire from the USPS and stay here a while and let her keep working. But the plan is to go back home. She likes America, but no place like home. Lots of options down the road. Her thought sometimes has been to stay long enough to get her 40 quarters for Social Security someday. She didn’t work the first couple years she was here, then Covid hit when she was getting ready to do something, so she took a while before she finally started working after moving here.
@@justsmy5677 I can keep health insurance after I retire from post office, but it’s expensive. I was telling my brother the same thing you say, that I could retire and have insurance from my wife’s job until Medicare-eligible, and he said he would never get rid of the one I have. It will take some looking into.
@@KanoDailyThePhilippinesandMore - I a m in a similar situation. The wife has a decent job and great benefits working at a major hospital in the city, but she may never reach her 40 quarters of paying into social security, and her SS will never equal what she can draw from from my SS records. She raised our kids and did not work outside the home for years. She wants to work until 60, then move to PI and draw her Philippines SSS, then at 62 draw her American benefits. She has always paid up her contributions to the Philippines SSS system, even though she did not work (they let you just pay into system and she has paid the max every year). I retired at 60, two years ago. I feel a bit guilty letting her go to work each day, but I had a great paying job for many years and have worked non-stop since I was 16. My wife understands and is OK with the arrangement. I still pay all the monthly expenses other than health insurance. She pays the health insurance and keeps/saves the remainder of her paycheck. Good luck in your future retirement and transition to living in the PI. I just spent five weeks in BGC Manila checking it out. My son works for the airlines, so I can fly cheap/free, so I went just to check it out. Great area if you don’t want to live in the province. Cheers!
It is wonderful to see the world and exotic places after one retires from work. It is called the "Go Go Years". There's one caveat, however. Traveling has become very expensive. A trip to countries like Thailand and Philippines for 2-3 weeks can easily cost $10,000.00 for a single person. It is not to suggest an average Joe should not enjoy life. But how many times can an average Joe afford to take trips like that? Once your monthly paycheck stops coming in, its all over. That's why I am working full-time at age 74 and also receiving $3000 in social security income each month. I feel financially secure and happy when I see my savings grow. My motto is save, save, and save more. I don't need to give my hard-earned money to airlines, restaurants, and hotel chains. I feel quite content being home watching RUclips videos, reading books, and cooking my favorite dishes. Life is good.
Where do you stay. 5 star resorts?? I live in Malaysia on less than 1,000 PER MONTH. If you are prepared to eat local cuisine, use local transport and avoid western restaurants and bars 1,000 is plenty.
@@stevenhull5025 You might have lived on $1000 a month in Malaysia. I am sure many local Malaysians too live on that kind of budget. The issue for me is that when I shop around online for airline tickets and hotel reservations, together the two add up to over $5000.00 for one person. No decent hotel is available under $150 to $200 a night. Food, cabs, and tickets for tourist places are an additional cost. Ordinary hotel stay alone for 30 days cost $5000 to $6000. I am not even including bus fare for travel between cities inside Malaysia. Give or take, my rough estimate is $10,000 for a half-way decent 30-day vacation for a middle-class American citizen. Double this amount for a couple. Bottom-line is when you are away from the comfort of your own home, one should not lower his living standard. No need to live like a pauper when visiting foreign lands. Travel in style and comfort.
When you are retired, you don’t necessarily have to go on many short (2-3 week) vacations. You go for 1-3 MONTHS and possibly hit another country on your way home. This minimizes airline costs. You can rent a nice modern condo in the Philippines for $600-700 per month in one of the nicer suburbs. You can rent an Airbnb for similar money which includes utilities. If you shop around and buy your plane ticket a few months in advance, you can fly to Asia for $1000-1500 easily. Bottom line - you can rent a nice place and eat very good on $100-125 a day, which works out to about $3500 a month. You can hit a beach resort or splurge in some other fashion for a few days, but you don’t need to live at a 4-5 star resort for your entire stay.
We have the same idea or outlook regatding retirement. Because the money ( Pension) that you will be receiving is only enough to naintain your American Lifestyke. If you want to take a Vacation you still have to Plan And Save for it, butif you bring your Dollar to the Philippine. You don’t have to make any planning or even have to Save because you will always an available funds💰💰💰and we intend to that next year.
Yep Americans work there youth away. And try to live when they’re old and sick.
You are awesome. Your views and opinions made a lot of sense. You have my subscription. Keep it going!! A younger fella married to a bisdak Filipina for 8 years now.
am experiencing what you’re describing now, watching an older uncle regretting his life choices and seeing my future in him if I don’t take the leap. appreciate your video.
Advice, buy your plane tickets on skyscanner months before your flight to save money, Ive been to over 30 countries mostly in military, Thailand is great, Philippines land in manila and fly right way to Bocolad or illolio, maybe a beach destination, eat where locals eat and only drink bottles water, watch the ice in drinks can make you sick.
I LIKE THIS GUY KEEP ON TALKING MY MAN I APPRECIATE IT
My wife is Filipina. We spent over 40K building a nice house on her ancestral land just before I retired. We spend a month or so there every year and one time we spent a year in the Philippines. I love it there and her family (including her 75 first coursins) are top notch. Hard working, honest and they love me more than my biological family does here in the USA. My problem is my health as I grow older I would live to live my last years out there but I am on a 24 hour cardiac monitor and things like that. I have a good cardiologist in the Philippines but their infrastructure is not ideal and so far they don't take Medicare. When my wife retires here in the USA I want to try it one more time full time in Cebu if my health allows. Wonderful land with wonderful people. I love to go for long walks and stop and buy a fresh 5 peso roll. They smell so good when they take them out of the oven. You can smell them for a quarter mile! We can live very comfortably for $2,000 a month. In the rural areas a fried egg in a cafe is 20 cents (USD), a small piece of ham is 20cents. Coffee varies a lot but I was paying 8 pesos (18 cents). So a buck will buy you breakfast. But no free refills. You have to money up every coffee refill! There is a nice German cafe a mile from our house and a nice breakfast is about $7 there. I eat there a lot too. I love it there.
@@prairiemark4084 Nice! We built a house last year in the town my wife is from, planning to move there when I retire. As people say, emergency health care can be an issue. But I do love it over there.
@@KanoDailyThePhilippinesandMore Enjoy and thank the Good Lord for a wife and a wonderful place to live.
@@prairiemark4084 - Best of luck. We have a house in the southern suburbs of Cebu City.
But right now we live in the States, and I prefer BGC when we visit the PI. I don’t have any experience with St. Luke’s hospital in Manila or the one in BGC, but always figured I’d go there if a health emergency pops up while in the PI.
@@justsmy5677 My wifes family has many nurses in it and they helped us decide. I found out there was only one hospital in Cebu that serviced my brand of pacemaker, and that was Our Mother of Perpetual Secour. I was very happy with the cardiac care there. There is also a large Chinese Hospital in Cebu that is very good, and a third private hospital called "The Doctors Hospital" that I have used and it is good. And some of the public hospitals are not too bad in Cebu City, judging from how my wifes extended family of 75 cousins report.
It’s nice to retire in the Philippines. But it needs a lot of preparation. Like having enough money money money and consider the things that you might incounter in the future like health health health, if you retire in the Ph. You don’t just pack your bag and buy a plane ticket and BOOM. You are now in the Philippines. Consider your needs, thus your funds enough to cover your expenses.
My wife and I grew up poor in a mining village in northern Canada. Now, in retirement we are 65 and 53 and we have extra money to do what we want but it's hard to let go. But, we will do two luxury trips a year. We did 12 trips to Cuba and several other budget trips along the way. Oddly I never saw any seniors on the beach because they where waiting to do it someday. Someday doesn't exist so I have to tell myself this.
Maybe you could try the Philippines next?
Actually, this reminds us once again we don't know when our number is up. Live every day as best you can.
Healthcare is my issue but also the boredom of living in the Philippines. I stayed at my mom’s hometown in Iloilo and I wanted to leave after one month. There is internet and the food is cheap but was I bored out of my mind. I’m 58 now so my mindset might be different in 10 years
@@vram5717 Yeah, I know what you mean. I am hoping that staying busy with our family and working out and finally having the long period of time off work to let my mind get focused in on my writing will be enough. That’s my real goal. Actually, from when I was young. To have enough money for the bills and then write.
WOW, we were just in Ocala on Friday.
We were down that way for the Philippine outreach in Gainesville the wife and both kids are now dual citizens and have 2 passports each. As soon as the passports arrive we'll buy tickets for the move to Mindanao 😊
@@BobConserv59 Cool! We need to hit one of those events sometime so my wife can do her dual citizenship, too. We were at a couple of Filipino festivals where they had that going on, but we need to make an appointment sometime. I’m not sure if we can just run down to Miami or not. Haven’t looked at it for a while. I knew they had events in Kissimmee and Jacksonville and Gainesville, but we’ve been focused on her trip back home this past year.
biggest issue in the Philippines is health care. If you need emergency care.....good luck. For elective care, just fly back to the US to use your medicare.
If you have money and health issues, you can easily afford your own in-home nurse. They get paid so cheap there but if you can pay her really well, Im sure she'll take it rather than go abroad and end up away from her family like most fresh graduates do.
I had a left hernia correction and was considering going to America. The problem is scheduling and on outpatient
procedure. You have to fly out and schedule. That might take months. Many ERs will.not do these procedures if they are not life threatening. We had the procedure done in the Philippines and I'm still alive. The nurses are good around the clock and the surgeon has helped me in the past. Alot less stress. Original medicare only covers 80% and many hospitals might refuse new patients for medicare. It's hit and miss. Alot depends on the procedure
I wish you all the best in good health. Hospitals with modern facilities are in Manila. But if you are in the Visayas, it is quite far.
I moved to the Philippines 🇵🇭 cause the cost of living in the west is just too damn expensive
My house build in Philippines cost me £20,000 including half acre of land.
Can noncitizen own land ?
No you can't own land but you can buy a condo.
I felt old when I was in Mindanao in October. Lots of young people working . The plane ride to Mindanao I was the only white guy. Also I felt like I was the oldest on the plan. My age is 53 years. I can easily retire with no problem. Once a person knows their expenses it is simple to me.
@@stevesilver7437 Yep, lots of white guys hanging out at the malls in big cities. But you are often the only one around in Mindanao!
My brother is 55 and lives in San Francisco, Mindanao. He lives quite comfortably on 750GBP per month.
@@stevenhull5025 I looked that up on the map. I see it is eastern Mindanao.
What are you guys doing in Mindanao? Are your wives/family there?
I would not get too far southwest in Mindanao.
My wife is from Mindanao and I’ve been there several times, but we bought a house in Cebu.
I am thinking of moving to Mindanao too and semi-retiring. I have banking experience in Canada so I am planning to work part time in the informal banking sector. They call it 6/5 loans and we don't need a banking license if we keep it informal (i.e. don't incorporate).
It is important to stay busy so as not to become bored in retirement. Many people die young if they retire without a hobby etc.
I probably shouldn't say this but the Philippines is still underbanked and there is a lot of potential with G-cash and Islamic banking in the Muslim areas of Mindanao.
Wish me luck! 🎉
Japan is wonderful I went there 2 weeks in Nov
best place philippines to retire
Holmes how old are you now? You better do it.
_✨️"Visit Malaysia for love and leisure" ⛱️🌴_
How old are you retiring at?
@@scottbaird5674 Honestly, not sure yet. I turned 61 recently. Working until 62, at least. But I may keep going another year or two. Have to see what the situation is with everything, how our new contract situation works out at the post office. It will boost my “high three” salary calculation a little bit. I have always thought I won’t go until my social security and pension together add up to at least four grand a month. We’ll see.
@ if you work till 67 you will have 4K for sure I bet
@ Oh, yeah. If I stay that long, especially with future raises and a longer number of years towards my pension, it would be more like five grand. Of course, by then, they will probably have decided to cut our social security benefits by 25%. Never can tell.
For sure, I won’t work that long, though. My wife went back for five weeks and got to live in our new house with her mom and our nieces and see her home town. She is ready to go back right now. It is so expensive and crazy here in America. A lot more chill and relaxing there.
Just not paying our current rent, car payment and insurance is $2000 a month we won’t have to pay every month. So, having less coming in and living in a lot cheaper place will be more than doable.
It is going to cost you just as much to live in another country as it does in the U.S. if you compare like to like! Too many people on RUclips selling you a lot of BS.
@@lifeshacks3995 Well, yeah. If you plan on eating at American restaurants and having Starbucks a couple times a day and driving a big car and living in a gated community with security, it won’t be cheaper. But a lot of people don’t need or want that lifestyle. Obviously, though, you need to like the lifestyle where you’re going. If you’re just going to sit in a $100/month apartment bitching about roosters, it’s not worth going.
We built a two-story house with a roof deck that we never could have built for the price we did here in America. And, honestly, my wife, our nieces and my wife’s mom could easily eat great food and have a very comfortable life in that area for a whole lot less than we could in any place in America that’s worth living in. Sure, some ghost town out in the midwest that is dying up and blowing away might compete-in terms of price, at least. But there’s no life there.
Tradeoffs. Inexpensive, if you have limited resources there's definitely attractiveness to moving to Phils/SE Asia. However you lose your roots: family, friends, and the quality of services in the US is better on most cases.
@ Yeah. For me, though, as a bit of a wanderer and a loner who wasn’t living around my family for a long time, it is easier. I am taking a trip back out to Oklahoma to visit my brother and sister this year. I do miss them, especially if I stop to think about what a bad brother I am, but my family now is really in the Philippines.
As for my roots, I’ve been gone a long, long time from that. It’s not like I am going to be buried in the ancestral plot with my forefathers. My passage through this world will leave few ripples. But we’ll see what comes after.
@KanoDailyThePhilippinesandMore Good luck brother 👍
Some don't even reach 65 so do it asap.😅
Only see other white guys if I go to the malls etc. No big deal as most locals have seen white people unless you go out to the provinces where you might get some stares but people are nice.
You're wife works?
He’s not that old. His wife is probably 6-10 years younger than him.
I retired at 60. My wife is 8 years younger than me and still working for a few years.
Lots of couples have one person working for a few more years in order to get closer to Medicare age. No one wants to go out and buy medical insurance if one spouse has a good job with medical benefits and they are in a position to earn good pay and enjoy the job.
@@Parabola007 Actually, my wife is about 29.5 years younger than me. I just turned 61, and she is 31. She went to school to be an English teacher in the Philippines, but she works at a Walgreens a couple blocks from where we live. I could retire from the USPS and stay here a while and let her keep working. But the plan is to go back home. She likes America, but no place like home. Lots of options down the road. Her thought sometimes has been to stay long enough to get her 40 quarters for Social Security someday. She didn’t work the first couple years she was here, then Covid hit when she was getting ready to do something, so she took a while before she finally started working after moving here.
@@justsmy5677 I can keep health insurance after I retire from post office, but it’s expensive. I was telling my brother the same thing you say, that I could retire and have insurance from my wife’s job until Medicare-eligible, and he said he would never get rid of the one I have. It will take some looking into.
@@KanoDailyThePhilippinesandMore - I a m in a similar situation. The wife has a decent job and great benefits working at a major hospital in the city, but she may never reach her 40 quarters of paying into social security, and her SS will never equal what she can draw from from my SS records. She raised our kids and did not work outside the home for years.
She wants to work until 60, then move to PI and draw her Philippines SSS, then at 62 draw her American benefits.
She has always paid up her contributions to the Philippines SSS system, even though she did not work (they let you just pay into system and she has paid the max every year).
I retired at 60, two years ago. I feel a bit guilty letting her go to work each day, but I had a great paying job for many years and have worked non-stop since I was 16.
My wife understands and is OK with the arrangement. I still pay all the monthly expenses other than health insurance. She pays the health insurance and keeps/saves the remainder of her paycheck.
Good luck in your future retirement and transition to living in the PI.
I just spent five weeks in BGC Manila checking it out. My son works for the airlines, so I can fly cheap/free, so I went just to check it out. Great area if you don’t want to live in the province.
Cheers!
It is wonderful to see the world and exotic places after one retires from work. It is called the "Go Go Years". There's one caveat, however. Traveling has become very expensive. A trip to countries like Thailand and Philippines for 2-3 weeks can easily cost $10,000.00 for a single person. It is not to suggest an average Joe should not enjoy life. But how many times can an average Joe afford to take trips like that? Once your monthly paycheck stops coming in, its all over. That's why I am working full-time at age 74 and also receiving $3000 in social security income each month. I feel financially secure and happy when I see my savings grow. My motto is save, save, and save more. I don't need to give my hard-earned money to airlines, restaurants, and hotel chains. I feel quite content being home watching RUclips videos, reading books, and cooking my favorite dishes. Life is good.
Where do you stay. 5 star resorts?? I live in Malaysia on less than 1,000 PER MONTH. If you are prepared to eat local cuisine, use local transport and avoid western restaurants and bars 1,000 is plenty.
@@stevenhull5025 You might have lived on $1000 a month in Malaysia. I am sure many local Malaysians too live on that kind of budget. The issue for me is that when I shop around online for airline tickets and hotel reservations, together the two add up to over $5000.00 for one person. No decent hotel is available under $150 to $200 a night. Food, cabs, and tickets for tourist places are an additional cost. Ordinary hotel stay alone for 30 days cost $5000 to $6000. I am not even including bus fare for travel between cities inside Malaysia. Give or take, my rough estimate is $10,000 for a half-way decent 30-day vacation for a middle-class American citizen. Double this amount for a couple. Bottom-line is when you are away from the comfort of your own home, one should not lower his living standard. No need to live like a pauper when visiting foreign lands. Travel in style and comfort.
When you are retired, you don’t necessarily have to go on many short (2-3 week) vacations. You go for 1-3 MONTHS and possibly hit another country on your way home. This minimizes airline costs. You can rent a nice modern condo in the Philippines for $600-700 per month in one of the nicer suburbs. You can rent an Airbnb for similar money which includes utilities. If you shop around and buy your plane ticket a few months in advance, you can fly to Asia for $1000-1500 easily.
Bottom line - you can rent a nice place and eat very good on $100-125 a day, which works out to about $3500 a month.
You can hit a beach resort or splurge in some other fashion for a few days, but you don’t need to live at a 4-5 star resort for your entire stay.
10k! Youre clueless🎉
@@justsmy5677 Sounds good. Thank you for sharing your experiences.
We have the same idea or outlook regatding retirement. Because the money ( Pension) that you will be receiving is only enough to naintain your American Lifestyke. If you want to take a Vacation you still have to Plan And Save for it, butif you bring your Dollar to the Philippine. You don’t have to make any planning or even have to Save because you will always an available funds💰💰💰and we intend to that next year.
You're wife works?