here is a great budget for everyone to look at kzread.info/dash/bejne/Z32Lk9Zrgaqud9o.html

If you own your home and car by the time you retire you can live in the US for 2k a month. Why wouldn’t you be able to live in the Philippines for 2k?

@anubous

15 күн бұрын

Remember, even if you own your home, you have to pay property taxes and insurance. Alternatively, you can sell your US home, use that to buy a home there and have very little monthly cost as far as property taxes/ins. You can even take the $ and invest in a 10/15 year bond returning 5% for a $240,000 home, you're looking at $1000/month tax free w/o touching the principal.

I think people are tired of budget videos is because EVERYONE'S budget will be different based on their own lifestyle. NO, budget videos can't tell you if you have enough money to live your lifestyle. BUT, what they can do is give you prices for things like electricity, internet, food, rent, etc. so that you have a general idea of what things cost and you can start figuring out their own budget. Budget videos are necessary, but people shouldn't take everything said in them as written in stone.

@mikesphilippineretirement

23 күн бұрын

thanks for sharing

With inflation, new budget videos are always needed.

Do not shy away myself from budget videos. It is interesting to see how they differ from other budget videos. Now have a pretty good idea how I will do if I decide to retire in the Philippines thanks to the budget videos. You are doing a great service by providing information to everyone of what it is like to live in the Philippines. Thank you, Mike...Jim

@mikesphilippineretirement

21 күн бұрын

thanks Jim

Budget videos are very important. It gives someone a "yard stick" on what to expect here in the Philippines. I live here and still watch budget videos to see if there is any information that I might need myself.

@mikesphilippineretirement

23 күн бұрын

I totally agree

@Call_Me_Troy

23 күн бұрын

Good point!

You’re right Mike, budget videos ARE needed to give newbies a starting point or point of reference to start from at least. For them… keep ‘em coming!

@mikesphilippineretirement

22 күн бұрын

will do

@arnolddavidson5245

21 күн бұрын

With all due respect, why are vloggers so repetitive? What you say in a 10-minute presentation, you can do in 3 minutes. And much more effectively.

Well said Mike😊 Good advice

@mikesphilippineretirement

23 күн бұрын

Thank you Michael

Thanks Mike, another good video.

@mikesphilippineretirement

23 күн бұрын

Glad you enjoyed it

Hi Mike, I enjoy your videos and find them useful even though I have 9 years until retirement. My past and future trips over give me a great sense of what things cost there. Having my better half there is a big help, too. She's always looking for a deal!

@mikesphilippineretirement

23 күн бұрын

Fantastic! Best of luck in the future

Before I came over, I made several lists of expected monthly expenses. I was always worried I was forgetting something big that would sink my boat. Budget videos helped that a lot. I am also doing a $2K max budget (for the first 2 years)

@mikesphilippineretirement

23 күн бұрын

2k is a good budget

Just want to sneak in like a happy birthday.. it's a milestone..

Great content Mike, AGAIN! I've had "boots on the ground" in various SE Asian countries and I still watch "budget" vlogs. It helps keep me current on utilities, it lets me compare different locations etc. Hopefully people can discern the difference between living in BGC and Valencia...

@mikesphilippineretirement

23 күн бұрын

That is awesome!

Good budgeting videos for me as a Filipino 2K $ is more than enough money for a month

@mikesphilippineretirement

23 күн бұрын

I want to interview you sometime

I like budget videos and and the cost of rentals. I believe I have watched everyone you have made Mike, how elese can one learn.

@mikesphilippineretirement

23 күн бұрын

thanks for the support Dukeman

Agree Mike with budget video as its only a guide for someone to be to adjust up or down as a reference point. Things change that's for sure.

@mikesphilippineretirement

23 күн бұрын

thanks JudeK

Your Budget videos are helpful and insightful, even for someone who has been going there for over 15 years and is married to a Filipina

Seems like some really good advice.

@mikesphilippineretirement

23 күн бұрын

Glad you think so!

That's funny. I was just starting to look for budget videos. 😂

@mikesphilippineretirement

23 күн бұрын

I have many budget videos

Budget videos were essential for me to help with my planning before I moved to the Philippines. Even after living in the Philippines for a year I still check out budget videos to see the cost of living in other areas. Keep up the great work Mike!

@mikesphilippineretirement

23 күн бұрын

Thanks for sharing!

thx !

@mikesphilippineretirement

22 күн бұрын

Welcome!

Hi Mike great vid, its actually a subject for the whole world, its about your spending behavior, also when we still were working in Dubai we had a euro account and if the exchange rate was very good we bought euros and used the to send back home monthly, if you have a small buffer the you can do the same in the Philippines take advantage of the exchange rate Keep up the good work

@mikesphilippineretirement

23 күн бұрын

I agree with everything you said

budget videos are important as things change. Many people like myself intend to retire there and rely on budget videos to assist in determining my future cost of living. I live in California...a place where people come to make money during their working life and leave if they expect to retire comfortably.What I would really like is a budget video for a 1BR with a garage in Cebu City, like Marco Polo, Horizons 101 and club ultima. I expect to be able to pay cash for the condo so no rental costs but it's the other costs that can be impactful, most especially of you wish to eat western foods and do western food shopping. Most people there seem to rent and not own condos so the budget videos I seek seem to be difficult to come by.

@mikesphilippineretirement

23 күн бұрын

Thanks for the great comment

Budget videos are at the top of my list, always double checking what things cost.

@mikesphilippineretirement

23 күн бұрын

Noted! and thanks

Yes.

@mikesphilippineretirement

23 күн бұрын

yes

This budget thing/debate never ends. Budget videos are fine, just need to be real about it, people are different and too many factors for each person and some people can live simple and some cant. The person asking someone else can I live on this or that a month is the first problem, they are not doing enough research and they need to ask themselves if they can live on that much. Planning as much as possible to go and stay is important but also a plan to exit or change is just as important also, test out the waters exit or change if it does not work out.

@mikesphilippineretirement

23 күн бұрын

Thanks for sharing

Im still here watching, 2000 nice,

Hey Mike always enjoy your videos, The way I see it it's all about lifestyle, One thing I have learned over the years is do not spend more than you have coming in, I learned that the hard way.

@mikesphilippineretirement

23 күн бұрын

thanks for sharing

$2000 a month is plenty in the provinces. Manila/BGC will be around $2500 to $2800 a month. So it depends if you want the peace and quiet lifestyle outside of the cities or the comforts and more modern lifestyle of the big cities. All depends on what you want.

@mikesphilippineretirement

22 күн бұрын

I agree

I enjoy budget videos very much, I plan to retire there in 2 years,

@mikesphilippineretirement

23 күн бұрын

I have many budget video hope you enjoy them

I like budget videos

@mikesphilippineretirement

23 күн бұрын

I like making them

If I wanted to come visit and check it out for a couple weeks, what kind of things would you suggest (particularly as a nature lover)? I'd like to see Dumaguete...

@mikesphilippineretirement

23 күн бұрын

just do it take a vacation

It depends on what he wants to spend his money on expensive or cheap things 😉🤔👍😳👀😁

@mikesphilippineretirement

21 күн бұрын

needs and wants

I like your channel. I have a Filipina wife. I went to Philippines last month. Had a blast. I want to retire there.

@mikesphilippineretirement

23 күн бұрын

your an Ohio Boy

@ohioafguy

22 күн бұрын

Yes

I like what you do on your videos

@mikesphilippineretirement

21 күн бұрын

@ronaldcloud5859 thank you

Mike, I agree that no one knows how someone else wants to live. I want to find a home/apartment that I find comfortable. You are no one else can tell me what that will be. I do not plan to spend much time in the bars or Island hoping. My budget will be a lot lower than those who want to do both of these things.

@mikesphilippineretirement

23 күн бұрын

Thanks for the comment LLL

very true in what you say.

@mikesphilippineretirement

21 күн бұрын

thank you

you should start off with only using 80% of your income then divide it by 4 section ... 1 for rent ... 1 for bills ... 1 for food ... and 1 for misc example an income $2000 is $1600 for the month and 400 to save for emergency ... $400 for rent $400 for bills $400 for food $400 for misc ... the number can be move around but it should not pass $1600 and you have to also consider the conversion rate $400 at 55 to 1 is 22000 peso ... $1600 is 88000 peso $400 at 50 to 1 is 20000 peso ... $1600 is 80000 peso $400 at 45 to 1 is 18000 peso ... $1600 is 72000 peso calculate your money in peso and not in dollars for the rate changes from month to month

@mikesphilippineretirement

23 күн бұрын

That is one way

When we all hit the work wall and the grind has worn us completely out, $2k flying solo (for me) is more than sufficient. Kindly be mindful that on or about y2034, US citizens are taking a 23% SS pay decrease. Whether or not that comes to fruition, be prepared. God’s speed to us all. Much success to current and future Expats. Cheers! From So. Cal.

2,000 is more than enough per month with money left over if you watch your money.

@mikesphilippineretirement

23 күн бұрын

I totally agree

It does seem that every day someone asks how much does it take to live a good life in the Philippines or is my $$ enough. The other question is how and where to meet single women. It does get rather repetitive to those of us that have been here for a while. But like you said if the video doesn't look interesting, just go to the next one. KZread has millions of videos, you will find something you like.

@mikesphilippineretirement

23 күн бұрын

so true

I spent 3 months there 18 months ago I had 100,000 a month in Manila and that was more than enough but then I don’t smoke and hardly drink. People out there on $1000 a month it’s doable but you are living very frugally. To pay for visa renewals and have a decent health insurance a single person needs 65,000 a month minimum in somewhere like dumaguete. A slush fund for things going wrong. I would say a single guy in dumaguete 75,000 is enough and they can run a scooter on that aswell and be comfortable. 2 of you need 100,000 that’s the number me and my wife have come up with if we moved back.

@mikesphilippineretirement

23 күн бұрын

not sure 65k in Dumaguete with health insurance but is your careful you can do it

@nomadinthemaking

23 күн бұрын

@@mikesphilippineretirement 1 bedroom apartment 15,000 pesos nothing fancy Electric 3000 water 500 internet 1500 5000 visa renewals and health insurance that’s 25,000. Daily budget 1000 a day 30,000 a month and 10,000 for unforeseen expenditure. New pair of shoes trip to the doctors mechanical issue with scooter etc.

I always watch budget videos but it’s personal to the author. Some on here say you can’t spend P100k per month that’s simply not true. It just depends on what you want to do. I was spending P120k per month even in 2007. You can live on $300 pm but you will be in the province, eating street food and not doing much else. Similarly you can spend $3000, living in the city, eating at good restaurants + doing most things that interest you. It’s up to your budget that will most likely dictate your lifestyle. Personally for me $2000+ is a decent comfortable lifestyle.

@mikesphilippineretirement

23 күн бұрын

it is the life you make

Had to watch again, I think as Americans we are spoiled. Many who come there want to live exactly as they did in the USA or better. I retired from my main job 19 years ago and started cutting down on my expenses in the USA, never thought I would come back to the Philippines, I visited in 2014 and met my future wife, but I discovered on that trip I could live pretty good there on just my pension being frugal and then I could save my other income which I have done, My wife and I still live quite well. Its not how much you earn its how much you spend, watch the centavos and the pesos will accumulate slowly.

@mikesphilippineretirement

23 күн бұрын

why are they Spoiled

@donaldhawkins8439

22 күн бұрын

@@mikesphilippineretirement I am not sure to be honest and I am not saying everyone of us. As I look at Americans of today they seem to want more and more for less effort being put into achieving the goals they have set for their life. But this is only my opinion and may very well be Biased.

Budget videos need to be done often as the costs and the market for goods and services change

@mikesphilippineretirement

23 күн бұрын

things change life changes

I live in Las Vegas. There are so many Filipinos here I feel like I’m in Manila.

@tracymorgan5386

23 күн бұрын

The las Vegas heat probably reminds them of home. 😂

@mikesphilippineretirement

23 күн бұрын

the casino's love hiring Asian girls. Plus many are school teachers

❤

@mikesphilippineretirement

23 күн бұрын

thank you

I am only a few minutes into your video and I have to chime in and give my two cents worth.. I never get enough of budget videos and I never get enough of rental videos.. I watch everyone I see because somebody always has an idea that can help me on the budget and on the rentals which definitely affects everybody that is living or planning on living in the Philippines from USA.. keep up your budget videos and I hope you keep up your rental videos.. thank you sir!! And thanks to you and Janet.. and you know what they say about opinions😮😮😊

@mikesphilippineretirement

23 күн бұрын

We all have one. thanks Richard

Cola never keeps up with the cost of living, they don't count gas or food cost

@mikesphilippineretirement

21 күн бұрын

over 15% increase in the last few years

Budget videos' are a good thing, Ii will give people who are making plans to move here a general Idea of what is needed to live here. 2000.00 usd is very do able, You should have several thousand usd available for emergencies and never use your emergency money for anything other than that. You can live simply and still have a good life in the Philippines. The hardest thing for me there is keeping myself busy and entertained to fight the boredom of life. I live on the outskirts of a large City where there are very few foreigners to converse with, but overall am satisfted with my life there.

@mikesphilippineretirement

23 күн бұрын

Thanks for sharing Donald

u need to speak into the mic or get closer or turn up the volume...and yes u can live on 2k. i live on 1100 a month in i.t. park no problem

@jamesalan1354

23 күн бұрын

Where do you rent from . Ty

@mikesphilippineretirement

23 күн бұрын

I rent in Dumaguete not going to say the landlords name

@tobiasmichaels1050

23 күн бұрын

@@jamesalan1354 38th park ave condo i.t. park cebu city 29k for everything or around 550-600 depending on the exchange rate another 300 for food and 200 for bars. i order out for every meal too.1100 a month no problem

THANK YOU, BRO I ENJOYED YOUR VIDEO 📹 GIVING AVISE and knowledge to people 👍 👏 going to the Philippines 🇵🇭 to retire there or for visit. Budget. It's OK for me. I have the experience there since going to Philippines 🇵🇭 🍁🇨🇦2005 plus most of my friends here I. CANADA ARE FILIPINO & IAM MEMBERS OF FILIPINO COMMUNITY & CHURCH ⛪️. MY EX"S ARE FILIPINA MOTHER OF .SON . BUT Divorced since 2008 . I rise my son as single father at 5 years old . Soon I will be there this years planning .my retirement now been not working from. 2023 . I HAVE GOOD PENSION FROM MY WORK & GOVERNMENT. KEEP SAFE GOD BLESS YOU AND YOUR FAMILY I. THE PHILIPPINES🙏🙏 🇵🇭 🍁❤️🤝🇨🇦😎

@mikesphilippineretirement

22 күн бұрын

Thanks for sharing Larry

Updated budget videos actually let people know how inflation is affecting the philippines, and for those on a fixed income, it's imperative to keep track of it. Remember that they are talking about a 20% cut on social security in 2035 or around that time, so you need to be prepared for that in your assessment.

@jonmarchilgers384

18 күн бұрын

I understand the nonsense the White House is peddling is 23%. Regardless, you’re not wrong.

how is juells doing, the y-90 treatments I took is shrinking my liver cancer,

@mikesphilippineretirement

23 күн бұрын

No so good

I have been researching the move from the US to Philippines, as we are retired. We are raising two teen grandchildren and find it hard to learn if anyone has heard or met American families living in PH

@mikesphilippineretirement

23 күн бұрын

yes many

$2,000 a month is VERY doable per month. Don’t let anyone tell you differently. I lived in the Philippines for nearly 3 years when it was only 42 pesos to the US dollar. Now it’s 58+

@mikesphilippineretirement

22 күн бұрын

2k is ok budget

@gregschultz926

21 күн бұрын

Thanks for your videos, really appreciate them thank you so much.

@dumaguetedreaming

21 күн бұрын

I have been there when it was as low as 38 per USD. What goes up must come down.

@mikesphilippineretirement

21 күн бұрын

look at housing prices in the USA

I would guess 7 grand a month and 7 figs in savings you could live like a king. In America surprisingly you can’t.

@mikesphilippineretirement

23 күн бұрын

hahaha

I don't know how a couple could spend 2k USD a month I have lived here for 5 yrs..own my house maybe... that is why I have never spent over 1k a month

@mikesphilippineretirement

23 күн бұрын

i spend 2k every month

@rexlaughlin3897

23 күн бұрын

Owning your own home is a big advantage.

@Joepoe20041

23 күн бұрын

Depends where u live. I was spending $1000 a month for 3 months, but I was traveling a lot to different islands. I would say $3k minimum to live a decent life there.

@Mmikeyyyy

22 күн бұрын

Not having rent makes a difference!

Corin is an awesome woman. If she thinks your cool, your alright by my book

@mikesphilippineretirement

21 күн бұрын

thank you

drinking is cheap at social 500 peso a bucket of 5 beers,

@mikesphilippineretirement

23 күн бұрын

yes it is

@user-er9rb8rg2i

23 күн бұрын

3 bucket a day gets expensive, 30 days times $30 dollars,

For this old sarge I get by just fine on 1239$ monthly and stay airbnb places.. for this past year....yes I have a partner and she knows I'm not a KZread Mike budget

@mikesphilippineretirement

23 күн бұрын

I could not live that cheap

@mexvette8209

22 күн бұрын

I presume you’re living a Provençal life. I was in Cebu city and spent to much money. Averaged about $3,400 monthly. Was there for 4.5 months. On my 7th visit in a span of 15 months. I apartments in Cebu city are expensive compared to what many vloggers post in their area of the Philippines except say BGC or Makati.

I always LIKE the budget Videos!! Prices always change and I’m planning to come there so I always watch the budget Videos 😊

@mikesphilippineretirement

23 күн бұрын

Awesome! Thank you! David

I like watching budget videos . Plus, prices have gone up almost everywhere across the globe. So, budget videos are needed at least 2 to 4 times a year.

@mikesphilippineretirement

23 күн бұрын

thank you I have done a few

this was great. salamat. maayong buntag.

@mikesphilippineretirement

23 күн бұрын

Thanks Stephen

Mike a good video but I would have to disagree about moving here with 15.000 in savings that’s no wear enough if you have an emergency better wait until you have one or two hundred thousand in savings and you will have peace and security. Cheers 🍻

@mikesphilippineretirement

23 күн бұрын

if that is all you have and your spinning wheels just getting by living check to check. why not. An Emergency in the States will wipe you out also

My Only thing about budget is when someone asks : can I live on XXXX a month. It depends! Where do you what to live? House, maybe a Condo in Cebu it park? Eat out everyday or cook at home mostly? Dating? Traveling? Sorry for my rambling!

@mikesphilippineretirement

21 күн бұрын

that is a question one must ask yourself

Mike, can you clarify you arrived in the Philippines with just 15 K in savings? Did you not have a retirement account?

@mikesphilippineretirement

23 күн бұрын

I do not treat my 401k as a saving account

@kevinr8431

23 күн бұрын

@@mikesphilippineretirement are you dependent on your YT income or could you live off your IRA?

@mikesphilippineretirement

23 күн бұрын

I live off of my Social Security

One medical event and his savings is gone. Please explain to people collecting social security and a pension of KZread earings that this will result in portions of Social Security being taxef.

@mikesphilippineretirement

23 күн бұрын

not tax you SS taxing your extra income...One medical Event when your over 60 will wipe you out the same as moving to a nursing home

First, I love your videos. I have found them entertaining and informative. Yes, budget videos do get old and I swipe past many of them but they are still very important for all the reasons you listed. Additionally, the Philippine economy and exchange rates seem to change constantly in conjunction with world and Asian events. From what I can tell, it seems that most people who retire abroad do so with finances as a major reason for their choice in location, and need to hear the most updated information possible from real people on the ground like you. You don't need to change a thing, Mike. Keep up the3 good work. We all appreciate you for what you do..

@mikesphilippineretirement

23 күн бұрын

thank you Christopher and I agree if you do not like the topic do not watch and if it is interesting watch.

You need to have 'Budget Videos' simply to dispel unrealistic expectations. Too many people come to the Philippines with insufficient funds or income. I am doing ok. I don't actually have a budget. My wife and I have a decent income; we own property, that is increasing in value every month. We also have a business and investments - the investment portfolio alone pays our monthly costs. We take overseas and domestic holidays. Our income is PP100,000 pcm. It's all about planning. We planned for a year before we came here from HK. We bought property before we relocated. Who wants to just exist? I would rather live.

@mikesphilippineretirement

23 күн бұрын

Thanks for sharing Josh

2000 a month may be good now but what about 5 maybe 10 years from now?

@mikesphilippineretirement

23 күн бұрын

and your point?

@mexvette8209

22 күн бұрын

Hopefully you have a federal pension or SS so it keeps up with inflation?

I like budget videos. Considering it as someone's basis and idea. That is great! Don't mind people so ungrateful. Keep it up pls. Thank you

@mikesphilippineretirement

23 күн бұрын

Thank you! Will do!

I don't see any videos on Corin's channel, Filipina Unfiltered. Am I missing something? What happened?🤔🇵🇭

Good evening mike i don't know how much news you watch from the states but biden's having that meeting overseas this week. Are couple of the countries in there's a few more i don't know how many total but they're talking about getting rid of the U.S.as the reserved dollar for the World. Some countries are already doing that that's why the dollars been weird lately. They're trading an oil and stuff rather than dollars commodities. Okay just a quick note enjoy your night all three enjoy 9:36

@mikesphilippineretirement

23 күн бұрын

the dollar is very strong no worries here

@Charles-rd6ku

23 күн бұрын

@@mikesphilippineretirement yes

@richardhowe5583

23 күн бұрын

I do not like Biden and I do not care for Trump.. I think they both are a joke.. when we go to vote we don't have anybody to vote for, we only have somebody to vote against.. if you have had your eyes open you have seen what happened to our economy after Biden got elected and started messing with the oil reserves add oil drilling and as you know gasoline and oil products move everything in the world by ship or by truck or by plane.. I am paying almost double at the grocery store since Biden got elected.. can you imagine if he gets his hands on the world economy!!.. the poor old senile gentlemen screws up everything he touches.. most everything a politician does is because of greed between him and his buddies that are making money off of the decisions in some way or another.. power, money, greed, insider trading, a politician goes into office with little or no money and always comes out a millionaire many times over and so do his buddies.. America will never wake up.. follow the money and you will see what is what and why it is that way.. wake up America!! I will be in the Philippines next month to live out my retirement and I will try to stay away from American politics and all politics because it is like religion, it is a never-ending cesspool of ideas that usually cannot be proven one way or the other.. I should have never said anything about politics but sometimes I just can't help it 😭..I wish everybody good health and lots of happiness 😊

Just don’t watch and move to a Video that you do find interesting.

@mikesphilippineretirement

21 күн бұрын

totally agree

I think people irritated by budget videos are subconsciously picking up on a reality you aren't considering. The problem with videos like budget videos is a lot of you guys try to speak for the entire country. Look at your title: Can Joe survive on 2k in the Philippines? You can speak to the cost of living in Dumaguete, you have no idea what the cost of living is where I live in Pangasinan. That should kinda be common sense, would a Filipino living in Vegas know anything about the cost of living in New York? Maybe what will help is talking specifically about Dumaguete or Cebu instead of referring to the entire country.

@mikesphilippineretirement

23 күн бұрын

no I will keep on talking about most of the Philippines. Have many friends and people I talk about the cost of living all over the Philippines. Enjoy your life

@crazycorpsman1391

18 күн бұрын

@@mikesphilippineretirement When you are telling people this is what it cost to live in "the Philippines" and giving prices for Dumaguete, that's called a lie bro. Have some integrity.

What happened to your vacation you had been planning?

@mikesphilippineretirement

23 күн бұрын

health issues

@jamesalan1354

23 күн бұрын

@@mikesphilippineretirement nothing serious I hope

@mikesphilippineretirement

23 күн бұрын

no just need to slow down for the summer

joe come for a test run,

@mikesphilippineretirement

23 күн бұрын

he is thinking of making the big move

If you smoke and drink 2k not enough,

@mikesphilippineretirement

23 күн бұрын

2 of the cheapest things to do in the Philippines

If you spend more than what you earn, you'll certainly be in financial trouble.

@mikesphilippineretirement

23 күн бұрын

very true Danny

Budget videos are great. Not all the time of course. But it's great to see an updated budget video from time to time. For people planning to get here its good points of reference.

@mikesphilippineretirement

23 күн бұрын

I agree

Mike when you were in Cebu you did not get free Wi-Fi

@mikesphilippineretirement

23 күн бұрын

no had to pay about $35 a month

Motorbike in your late 50's - 60's lol, one fall and your back in the states. Wtf rides a 125cc at 60's in the states? Don't kid yourself folks!

@mikesphilippineretirement

21 күн бұрын

I'm 70 and ride the streets of Cebu City and long road trips no problem bro.

I tried to watch that recommended video but couldn’t get through 2 minutes of the talking. The lady is definitely pretty but those talking icons and his voice are unpleasant to watch and listen to.

@mikesphilippineretirement

21 күн бұрын

We love Corin

Mike keep doing what you are doing! I enjoy everything you share. Don’t change a thing please. I plan to retire there myself in the nest few years. You are a lifeline to the information I need to get ready. When I get closer to pulling the trigger I will be your worst pest getting everything in order to come. I am a retired Army Vet. So my VISA is the easiest and least expensive to get. I will have my retirement from the Army, VA disability, and Social Security. It will be around 5k roughly each month. And still I am scared that I will not have enough for a good comfortable life. I am in good health and on no medication. Still in good physical shape. I am very blessed. I am divorced from a Filipina I married there close to Clark. I am divorced and alone. I spent a lot of time there in the 80’s when I was station in Okinawa. So I have a bit of the lay of the land. I do know things have changed a lot. I have a lot to relearn. Thank you for your time and all you and Janet do!

@mikesphilippineretirement

23 күн бұрын

Thank you so much for sharing

Budget videos are always needed because everything changes so frequently. Most importantly, your budget is highly dependent on where you live and how you live. Therefore, you must always keep yourself abreast of whats happening to ensure you're not overspending.

@mikesphilippineretirement

23 күн бұрын

thank you for sharing your comment

@arequina

23 күн бұрын

Just to add to what Mike is saying, it's great if you have a jowa/wife that is frugal. Not cheap. But frugal. I'm retired. Not currently drawing SS or my 401K. My pension is only $3800/mo. I was able to live comfortably for 4 months (Feb-May 2024) with my jowa. The apartment I rented in Paco, Manila was only PH17,000/mo. Does not include electricity and water. For the 4 months I was there, my total electricity was close to PH15,000. Water was even cheaper. NO internet because I had an international plan with my US phone carrier (ATT). My jowa was the one that kept me from over spending even though we pretty much ate outside everyday. I hope you guys find your filipina out there. Don't get discouraged. Take your time. Most importantly, be kind. Your kindness will be returned twicefold.

@mikesphilippineretirement

23 күн бұрын

yes it will be a good person and enjoy your life

I enjoy comparing other's budget videos, to compare my budget. Any information is useful. This is why KZread is considered a "community"; everyone helping each other, if only in information.

@mikesphilippineretirement

23 күн бұрын

good point

I’ve never been to the Philippines and honestly don’t know if I ever will but I’m curious to see how other Americans live aboard and the budget videos are my favorite to watch so I urge you to keep doing them Mike.

@mikesphilippineretirement

23 күн бұрын

Thank you and we will Tracy

God all these KZreadrs once one does the video they all wash rinse repeat start finding new contact

@mikesphilippineretirement

23 күн бұрын

I do not understand why you watch my channel but thank you for watching and the real smart comment

Every person's budget in every location and personal circumstances make these videos a bit lacking...

@mikesphilippineretirement

23 күн бұрын

I find them interesting

I’m 66 years of age.

@sentinel80

23 күн бұрын

and ?

@josephgrudza3873

23 күн бұрын

Mike asked how old I am.

@mikesphilippineretirement

23 күн бұрын

Thanks Joseph. This is Joe and the person I'm talking to in the video

@josephgrudza3873

23 күн бұрын

Yes sir.

@josephgrudza3873

23 күн бұрын

I did watch that budget video again. I’ll be glad when I can get over there.

My budget monthly would be around $2,650 per month not counting savings and investments of about $50k-$75k. I am considering the Philippines as a retirement destination in the near future. Do you know what American banks are there in the Philippines?

@mikesphilippineretirement

23 күн бұрын

no American banks some international banks

Economies change, so its nice to get quick budget updates. Thanks Mike.

@mikesphilippineretirement

21 күн бұрын

You're welcome!

Hello. If I live in a Bahay Kubo can I make it on $ 8756 US dollars a month?...OR should I live in Hawaii? 😂😂😂

My cost per month with no rent and vehicle payments. Health insurance 150, vehicle insurance 75 for 2024 Nissan Navara,Pldt 50,electric 120 with 2ac,life insurance 85,phone 80,groceries 350,diesel for Navara,visa 30. Figured everything USD at 57 php. 920 US. Plenty of room left for rent if you are on a $2000 month budget.

2k is more than enough . I personally know people who live on half of that.

@mikesphilippineretirement

23 күн бұрын

not a life I want on 1k a month

Why can you sevive on 2000 in the U.S and think you couldn't survive in the Philippines

@mikesphilippineretirement

23 күн бұрын

not living good on 2k in the USA but living great in the Philippines on 2k

@51dbail

23 күн бұрын

I actually can live cheaper in the US. But much more fun here. Now that’s rural living in the US as opposed to living here where every thing is near. But I have no rent in either. Rent is where you can save big here

This video is eye opening. I’m sure this will sound like I’m boasting but I truly don’t mean it that way. I’ve been considering coming to the Phils but haven’t been sure if I had enough money. I have a low seven figure savings and have a military pension currently that’s $2400 per month and have a job that will provide a small pension in retirement. Then there’s social security. So it sounds like I would be set in the Philippines.

@mikesphilippineretirement

23 күн бұрын

not BRAGGING never heard of having a low saving that is 7 figure

@MB-gz1ji

23 күн бұрын

@@mikesphilippineretirementI meant low seven figures. Slightly more than $1 million between brokerage and 401k. I’m super frugal.

You probably aren't going to live very well in the US on 2k a month.

@mikesphilippineretirement

22 күн бұрын

not at all

I think $2000 is really good that is like $100,000 pesos a month it is nothing you can really spend your money on in the Philippines your most expensive is moving to the Philippines and finding a place to rent and buying the items that s need in your house and a motorcycle after that what else is needed. And a little money to visit the doctor.

@mikesphilippineretirement

23 күн бұрын

k.i.s.s. keep it simple I like take