Yes, $900 USD is enough to survive in Thailand but it's not a good quality of life. In order to have a good retirement, you'd need at least $2K USD or even better, $3K USD per month. In Thailand, having a budget of $2K to $3K is equivalent to having a budget of $5K to $6K in the United States. In Bangkok, the minimum wage is 400 Baht per day or $11.75 USD per day. The cost of living is very cheap because Thai laborers are paid very little compared to laborers in western nations. In Thailand, you can get a 1-hour Thai massage for about $15 USD or less and in the USA, that same 1-hour massage could cost about $100 USD.

It's interesting to see how much one needs to retire in Thailand and how affordable it can be compared to other countries. It's definitely something to consider if you're planning your retirement or looking for a change of scenery.

Wrong math. Forty two years is 504 months. 504 months x $900.00 = $453,600, not $150,000. Also inflation is left out of the equation.

@traceylankford8579

3 ай бұрын

You’re not taking it all out at once. You’re taking it as needed. The remaining is still earning compound interest.

Nice! That does seem pretty achievable.

How u get 42 yrs of 150g in 900 a month ?? lol Did u fail math ??

@BigSisDoula

7 ай бұрын

I was coming to say the same thing!

@traceylankford8579

3 ай бұрын

Cause y’all can’t see or add. It’s not HIM. He’s showing you the website. And you’re withdrawing as needed. The remaining is still earning compound interest.

Of course, if you earned and saved in US or Europe, it is easy to retire in Thailand, Philippine, Indonesian Burma etc….. local people hard to reach $150k in saving ….

@traceylankford8579

3 ай бұрын

He’s not talking about locals.

Wait until this guy hears about inflation… not just a USA problem… also, have money work for you… depleting your reserves is not a solution

Can do it with 50-100k invested into yield max etfs and jepy/qqqy 😊

Bro that’s inaccurate.

@traceylankford8579

3 ай бұрын

The app is calculating it. Not him. You’re earning compound interest on the funds remaining unused each year.

$900 doesn’t feel safe enough. There are emergencies to think about as well as again and bad health.

Some ones rent was 52 dollars a Month out there lol

I think you don't understand sequence of returns risk. You'd be seriously rolling the dice taking this risk. If you had $50k in cash reserves it's probably doable.

@traceylankford8579

3 ай бұрын

He’s not talking risks. He’s talking generally month to month cost of living based on the Numbeo apps’ calculations.

I’m current 36 and have little over a million in cash, do you think I could retire there?

Retire in Philippines

@hkim9151

Жыл бұрын

But don’t you need to get a permanent visa to live there…. ? Renounce your current citizenship…. Lol

@michaelthegreat44

Ай бұрын

@@hkim9151 if it is only American citizenship why not, it is a garbage country

literally rubbish

People are programmed.

@StrivingForGlory_

Жыл бұрын

@@alexwoodhead6471 yea if you don’t have a passport . It’s real out here lol