9 Reasons You Cant Retire on $1000 Month Overseas

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Комментарии : 237

@WilliamFluery Год назад

I save a lot in food and medical. I only eat one huge meal a day during a 4 hour window consisting of food with only one ingredient…raw vegetables, berries, pecans, walnuts, meat, fish and eggs. No sugar, rice, bread, pasta. I cook with butter, lard or extra virgin olive oil and use balsamic and apple cider vinegar and typically 7 spices. I add electrolytes to my water, use MCT oil in my coffee, chew 7 nutritional yeast tables per day and take zinc supplement. I walk 8 miles/11 km every other day. Ninety-eight percent of my meals are cooked at home. When I don’t eat this way, the joints in my hands swell and hurt and I don’t sleep well. I fast 20 hours a day. I was able to eliminate 7 medications and now have the best blood test results ever.

@enzos711 Год назад

Better to spread your calories out, and eat 4 - 5 times per day ..

@Idahodeerslayer Год назад

Good on you bill

@WilliamFluery Год назад

Thank you for your comment. I used to eat that way but learned the science shows that way of eating creates insulin resistance which is not good at the cellular level. By fasting 20 hours there is great benefit where the body can repair itself at the cellular level through autophagy. I have been eating this way for 19 months now and I can tell the difference.

@WilliamFluery Год назад

@@RetireandGo i’ve been to Thailand 30 times since 2005 for work with ethnic minority hill tribes in the northern mountain. It’s an incredible country.

@LeoHipolito 11 месяцев назад

Great way to live, it's sad that alot of people don't know this. They have pain swelling and inflammation but don't want to change the way they eat

@louis20122 Год назад

I think I can because i don't drink alcohol or smoke or into girls. I am not interested in bars or clubs or brand name stuffs. The most important things in life for me are good health and no financial stress and have good relationships with family and friends. Staying single and having good relationship with other singles are more important than having a marital relationship.

@louis20122 Год назад

@@RetireandGo Thanks. I just have to be brave to get my ass off the couch and travel lol

@lostboi3974 Год назад

💯

@nevergiveup-db6fp Год назад

No boom boom you’ve got to be kidding😀🌴🌴🍺🍺

@justinmcintosh6554 Год назад

I agree Louis!

@dancooper5741 Год назад

The acid test is if you NEED to live on $1000 a month. If you do , depending on where you’re located it’s certainly doable. I’ve met lots of people in SE Asia that live in Hotels with all facilities & room serviced for less than $200 a month. They eat out at street food outlets & shop at local markets for fruit & other essentials. They live very well and become more localised & blend into the local culture. However,,,if you want to spend $1000+++ a month on a nice apartment/ villa in Phuket , eat at upscale restaurants, drink imported wine & have a hooker sitting across the table guzzling cocktails & chowing down on lobster ….expect to pay through the nose. That’s simply life & how it plays. I know guys renting nice apartments in Thailand, Vietnam , Cambodia & Phillipines for around $200++ bucks a month and live very well. It’s all about “locals price” and where to find it.

@hillbillyintheasia6122 Год назад

airbnb at lest rent for 30 days get up to 50% to 60% off rent one in Cebu had 2 bedroom condo 267 a month. plan and be smart. it had a pool , sauna and workout center with 24/7 guard's . light bill for the was 2,000 30 days, see think was 46 bucks see everythink total was 313 usd a month.

@timisaac8121 11 месяцев назад

Exactly of the "acid test'. Living well means become more local, at least for me: Do better each year. There are no other white guys/gringos in my town of about 5000. I buy what the locals do except they spend too much!! hahaha

@1FlyingSolo1 11 месяцев назад

Exactly this. I was just in Thailand and I can attest that if you are willing to live more like a local and not by Western standards, absolutely you can live on the cheap. It all depends on what your quality of life and comfort level is. I'm single and don't mind living in a small studio or cheap hotel room and eating from the $2 street food vendors. All I know is, there is nowhere in the USA where you can live one block from the beach and only pay a few hundred dollars per month rent. In Thailand, you can!

@timisaac8121 11 месяцев назад

@@1FlyingSolo1 Way to go!! You are a wolf!! Getting your expenses down means you can make your savings grow! From savings comes investments. Investments kick out even more for you.

@ralpheichler5064 11 месяцев назад

@@1FlyingSolo1Same Germany

@sactopyrshep Год назад

Plan on visiting your chosen location and staying in a motel while you explore what is offered. Don’t sell your home before you get some experience at your possible place to move. There is a big difference between having to and choosing to.

@VagabondAwake Год назад

That makes sense

@toddmaek5436 Год назад

"There is a big difference between having to and choosing to"... That is exactly how I feel about the whole "yo will own nothing and be happy" thing.

@WilliamFluery Год назад

Sounds like a vagabond lifestyle

@hillbillyintheasia6122 Год назад

why would you sell your home ? if you do sell it try a smaller size home rent it out

@1FlyingSolo1 11 месяцев назад

This is exactly what I plan to do and have done already in my first location - Thailand. Scout out all the possible locations and stay in the cheap motels. This process will take a few years for me to see all the potential locations on my list. Once I've seen them all, I'll have it narrowed down to my top 3 or so. At that point, I can maybe rent out my house (already paid for) and maybe live part-time in the other location. Sort of an international snowbird kind of a lifestyle.

@janerikkvarsten2273 Год назад

I am a 42 year old Norwegian snowbird and i was a Digtial Expat for 6 months of the year, meaing that i go away in the winter half of the year. I can testify that Dan's channel is probably the go to resource for planning a long term stay in any place ranging from 60 days and more. The range of budget is spot on when it comes to living simple and quiet but still social active fulfilling life. I have tested three of the places that Dan has a report on, and it hits every time, and he says that airfares and inshureance is not on there, so that way i doo is to calculate a rough estimate of airline ticket divided by six pluss cost of inshuranse and visa fee and make a bracket of necessary costs to sustain that cost. 165 days in Thailand last winter was as following. 60 USD per month for travel Insurance covering all medical through Safetywing, a credit card that i earn a good portion of airmiles on, so i flew EVA Business Class to Bangkok for 82.500 poits and 85 Dollar booking fee, but for normies that don't know airmiles take 800 USD should get you there, so 180 USD a month. I also rent a montorbike 90 USD a month, so that's my tranportation ekstra. Visa fee is 900 THB for a Visa Extention and 900 bath for a single entry 60 days tourist visa and 900 bath for extention totalling 2700 THB, totaling 80 USD or 18 USD a month. So take Dan's calculation and add on 180 flight + 90 motorbike rental + 18 Visafee + 60 Insurance = 348 USD a month, so add 350 USD a month in Thailand, and you will hit the bill perfectly in Thailand. If you stay longer, the fee on airfare will go down, and ig you have enaugh airmiles and the right credit card it might disapear compleatly.

@thebangkokconnection4080 Год назад

Bangkok skymiles have almost doubled. Last flight was 65,000 miles and $300 in fees. Booked last week with miles and was 125,000 miles and just under $500 rt from Chicago.

@WilliamFluery Год назад

Beautiful way to live.

@WilliamFluery Год назад

@@thebangkokconnection4080 just checked my Delta SkyMiles are 174,000 with $115 in fees RT from Atlanta. I had booked two RT tickets last October and got each for 100,000 miles and $98. It’s ridiculous. Airfare is $3,000

@WilliamFluery Год назад

What credit card do you use?

@Sigma-In-Asia Год назад

Here's 1 excellent reason you can live comfortably overseas on less than $1,000/month: I'M DOING IT! So you see, you cant tell me it can't be done. I live in Iloilo, Philippines on just over $800

@GarrettSAlston 11 месяцев назад

Iam doing it too, boots on the ground or ship safely in the port( prior Navy 1st& then Army 2nd) I am supporting 2 households( my fiancee2wife Charlie is going to school in Mindinao) & furnishing a 2 bedroom bungalow house frugally and slowly. I live very frugally being disabled from 3 strokes& 5 heart attacks in South Florida in 2017-18, did not stop us from writing and publishing a book about my Ordeal).My expenses: 1.27,000php( Philippines peso)- rent here on Angeles City guarded and gated community, without a pool( killing me and rent to high, I know) 2. 1500-5500php electric depending on weather conditions 3. 800php HOA fee for security officers I guess as the streets here are horrible. Lol, except at SM Clark, looks like USA streets in Nice areas 4. Water- 352-425php /mth 5. Trash pickup-300php/mth 6. Lawn maintenance-400php/mth 7. Bottled water delivered- 140php( 4 bottles) believe in drinking alot of water daily 8. Visa extension- budget- 3300 php every 2 mths or $45usd or(450/Yr) paid every 2 months( another vlogger #'s for visitor visa for now. After legal marriage will either get the 13A permanent or SRRV visa) 9. Phones: 70usd/1500mth php- still with tmobile to keep my USA numbers and SMART prepaid plan. 10. Wireless/ internet( my entertainment for now)- 2000php/mth 9. Medical- N/A- cuz of my condition have medicare and pay as I go. Will be a future medical tourist to Thailand and Malaysia 10. Food/ basic food stuffs- 3500-8000php/mth- depending on my feel for cooking or getting " Grab" or " Food Panda" 11. Transportation-1000php maybe, I walk alot even with my rolling walker or a friend might take me somewhere like market shopping or needed based activities. I am a home body for now( passion is traveling when I was healthy) 12. Travel/ real entertainment- NA- I am waiting for Charlie to come back here to experience this 2gether. Once I secure my full 100% military Disability income benefits& Aid and attendance ( at 10% currently)& finish home furnishings- will go on a mass savings for emergency and travel budget. 12. This is all done on a 1500usd mth Disability allowance check & thousands saved in a bank back in the USA. Learned a lot in business, experience & in Army OCS on how to plan, budget and be smart with money. Not a skirt chaser, drinker, smoker, addict of any kind. Rather read a great book and learn than party or do "sheeple" or broke people mentality type things!! 13. By the way, I send Charlie 12000php/mth for her training budget for now. When she is back here, no more need for that expense and into savings that will go & furnishings monthly money as well. One-time expenses. It is a struggle, but I make it every month this way. It will get even better with time, continued planning, adjustment( mainly move for lower rent and pool access within the community or yard), patience, and great ole common sense. Save hundreds to my savings and investments for now, that changes to thousands one I am 💯 % & have more capital to grow it with tax lien certificates and the occasional acquired property back in the USA. Have a plan and work on your plan. Also, when my office is finished, I will continue to write more books and hopefully get them published. Have planned or am writing 5 more currently via cellphone!! If I can do it in this condition, of still in "stroke protocol" and recovery by myself, you can do it too, I know for a fact it is true. You might have to make some sacrifices, but it can and WILL BE DONE!! TRUDAT, REAL TALK&NUFF SAID!!! All be blessed, safe, happy, healthy, prosperous, and great!! Yes, si, ja ,oui, Oo( tagalog filipino for Yes)

@OneJuanWon Год назад

Spot on advice re: rent-to-income ratio.....20% to 25% is a good target, the closer to 20% the better. Lifestyle choices really impact the bottom line too. Modern conveniences and more Western standards will always cost more - plan accordingly. When comes to lowering medical expenses, the most effective option is working on your self care. Cutting back/out on smoking and drinking or losing those extra pounds with some exercise and better diet will help reduce health related problems in your retirement years.

@billclarke3754 Год назад

Don't forget currency risk. Most of us convert funds from our home country to our adopted one and exchange rate variations can really impact one's budget. Always keep an emergency fund in reserve.

@perspective4517 Год назад

Thanks Dan. You have made so many excellent videos but this is one of your finest. It cuts through to concepts of adaptation, inherent inflexibility and overblown expectations. A sobering insight into one's self and personal values. To be fair, you provide caveats all through your collection pointing out the extra expenses but this one alludes to the ignorance people have of what they are plugged into and hard-wired to spend before they jump ship. All very well to land with a $1k budget and some emergency savings, but if you carry with you five subscription video on demand services, an uber eats habit, mandates for western food only, a 'need' for 900 square feet/100 square metres of accommodation and a sense of fashion, then you'll certainly, as you point out, struggle on $1k. Love your continued efforts to bring the conversation back to reality.

@1FlyingSolo1 11 месяцев назад

Agree 100%. If you are someone like me who lives a very simple life without much of any of the extras you mentioned, I know for a fact you can live on $1000 / month in SE Asia. But if you are going to blow it all on booze and ladies in Thailand, you won't have enough. But if you live a simple quiet life, what do you really need to be happy? Just the basics - food, clothing, shelter, and transportation- all of which cost far less in SE Asia than anywhere in the USA. I don't mind living in small apartments and eating local food and walking or using buses or scooters. If you can adapt to those 3 factors, I think you can make $1K / month work.

@therehastobesomethingmoore Год назад

Hey Dan ! Lidia and I are still here in Matagalpa, Nicaragua until January and our total bills are still running about $1000-$1100/month living a comfy life and really not budgeting at all. Rent is $340/month. Guatemala is the next stop ! ( Antigua, Lake Atitlan, and Xela ) Guessing costs will be a tad higher there. But a single person could easily live here on $1000/month, and live comfy. Great video !

@ByronWatts Год назад

I rent a place and pay Internet for less than $200 USD / month. I do not live a 'plush' lifestyle (by choice) but it is certainly possible to keep the costs lower. And then there are all the other things...I am not living on $1,000 USD per month and it always helps to have a bit more available when things come up.

@jackbaldwin3649 Год назад

Wow! Do you live in PH?

@DandMtravel Год назад

Where are you located?

@sdickinson5234 Год назад

Inflation. It was true you could live well on $1000 a month 5-6 years ago but that's equivalent to $1400 today.

@Wizerud Год назад

It’s really easy to find a place, even on AirBnB, for $250 a month or less, especially with a long-term rental. And you don’t have to live in the province either. The most important monthly expense is food because it’s variable and the one that, with some discipline, can save you the most money. If you budget $15 a day on food that would still leave you with $300 a month for everything else, assuming your budget is a strict $1k per month. I mean shit, I can easily get by on $15 a day food in the US or UK so I’m not sure how you couldn’t do it in the Phils. You just have to have discipline and watch your expenses like a hawk until you get into a comfy routine that you know will never go over-budget. I bet you could even do it on $800 a month if you were careful and frugal.

@amaliahightower Год назад

I can do it on $500 US here in the 🇵🇭. I can’t collect SS yet however I have monthly pension from my past employer. I own my house and without a mortgage payment. My monthly utility bills are wifi/landline is 1,299 pesos. Water/HOA is 2,000 pesos. Electric bill varies from 1,200 to 1,500 pesos. Food for 2 varies also 5k to 10k. We like to cook and occasionally will go out. Fuel for my car 1,200 pesos.

@araliu1443 Год назад

Wow , the water is sublime! Beautiful! Good shots Mr. Dan!

@papadougpapadougsadventures Год назад

I just moved my GF and her 2 children into a nice 2BR 1BATH house in Manila for $10kPHP. You can find nice places in nice neighborhoods that don’t break the bank. We pay another 500PHP per month for the gated security guards that check people in and out of the community. Her overall budget for everything but entertainment is $29kPHP. Less than $600US. Let’s add another $2-300US for other expenses such as entertainment, clothes etc and you’re still under $1kUS

@LeoHipolito 11 месяцев назад

Great advice as always 🎉. I haven't heard anything remotely close to your awesome and concrete advice anywhere else.

@VegasNegus Год назад

Awesome info here! Thx Dan and Qiang. 👍🍀

@charlesetienne6037 Год назад

I definitely think you are correct. I live in the Seychelles. I have my own house, only my wife stayed in three bedrooms, two bathrooms semi-detached town house on a small Island called La Digue. Here in my country citizens do not pay for health and education it is taken care of by the state. We have a mortgage on the house and only left five years to go and we pay 200 USD per month. Seychelles is a very expensive country that might be in the top tier. We need for the two of us 2000 USD to live to cover Utilities, internet, grocery. We have bicycles to move around as the island is very small. we do not go to restaurants or entertainment. We eat all of our meals at home. We buy clothes very rarely maybe every three years. I say even 2k we struggle to make ends meet. But if I am in the Philippines I can survive on 1k as I can adapt the local way of life as I am not a western.

@zayneunderwood1488 Год назад

Hey thanks Dan, I'm beginning to appreciate your videos more and more as my retirement calendar ticks down... 😮🎉 Editing; to say I just subscribed to Qiang's channel ... 🙏🏻

@Badger345 Год назад

Another great video Dan👍

@geraldgolden2723 8 месяцев назад

Best video I have seen so far from anyone! Lots of common sense ideals!

@VagabondAwake 8 месяцев назад

Thanks for watching @geraldgolden2723! Dan

@alanharrison694 11 месяцев назад

Hi Dan. I first moved to Jomtien Beach, Thailand back in 2003, and stayed for 10-years. Just moved back July 2022, and prices have definitely gone up. I do like comfort, so I lease a large one bedroom, with sea view for 18,000 baht per month. I do have a girlfriend who does enjoy cooking, so most of our food comes from the local market, healthy, and economical. I do have insurance for hospital only, and pay for doctor visits and tests myself. My S/S alone is $3,200 per month, and usually after all the expenses, I still save $1,000/mo, without touching my savings.

@StanLyons-wp5vx Год назад

Thank you Dan, for this thoughtful romp thru money. Lots to consider, and for me I know it takes some time to adjust to a feeling of ON VACAY to doing life in a culturally way different setting. And sometimes us retirees act like kids and fools and don't listen to our smarter selves. Budgeting for me requires discipline, and at times I want to say Aw! C'mon! Just buy it! some in the moment brain fart... Hahahaha. Usually really a dumb move. Thanks again.

@hillbillyintheasia6122 Год назад

live like a American it will cost like you in America yea . so 1k to small a american thinks need everything need 1600 to 2k . do know only 20% of the Philippine's live on 89k , fact. 89,000 Philippine peso equals 1,628.77 United States Dollar . yes live on it very easy, max that a worker in the Philippine's made is 199,000 Philippine peso equals 3,641.85 United States Dollar Jul 19, 5:28 PM UTC · Disclaimer

@siboneypeltier2307 Год назад

Wow! very comprehensive, as usual! cheers! xoxo

@VagabondAwake Год назад

Glad you think so!

@johnniehooks6737 Год назад

I love your videos. They are so informative. You doing a great job.

@11Bravo84 Год назад

Excellent advice and video!❤

@alexyi- Год назад

I agree Dan's videos have the best info for monthly expenses. My travels not as extensive, but I have been watching travel videos, and traveling, since 2019. Obviously Covid-19 hit the pause button on travel. But I still watched lots of travel videos during the pandemic. Started traveling again 2022, just exploratory trips, as Dan calls it. And Dan's videos show what to seek. Dan, maybe do more How To vids, pls? How to find cheap apartment. How to buy SIM card in new country. I know you have mentioned these in other vids, but I think short How To vids would be helpful. Just a bunch of 2-3 minute vids; each a specific How To.

@Joe-mz6dc Год назад

Absolutely stellar videos. Your advice is gold.

@VagabondAwake Год назад

Glad you like them!

@enzos711 Год назад

Some great advice ..

@nevergiveup-db6fp Год назад

Hey Dan, I especially liked the last one. That was a damn good idea.😀🌴🌴🍺🍺🍺

@GarrettSAlston Год назад

Dan puts it down. His& Qiang advice helps me navigate here in the Philippines. Real talk,& Nuff Said!! All be blessed, safe, healthy, happy, prosperous and great🎉❤😊😊😊

@enzos711 Год назад

Awesome / wise advise on living in the present and only needing a few items ..

@davidcastillo2838 11 месяцев назад

I don’t drink, smoke, go to restaurant I don’t what they put in my food. I eat but once per day, under my cooking only.

@jimmyglen Год назад

Good info - it boils down to whether you are content doing nothing (not spending nothing) or out enjoying things and that equals spending money Nice things in nice places are not usually free I can tell you that doing nothing lasts a very short time and super boredom / frustration sets in

@hillbillyintheasia6122 Год назад

@@RetireandGo call be smart get a good woman has own income both team together alot expats do . they invest into rents and stuff.

@brianstarfire Год назад

Hi Dan, just a quick feedback, the volume on this video is low in comparison to your other videos. I always enjoy your content though. Keep shining! 😃

@sjj7236 Год назад

Yes agreed, very low sound.

@VagabondAwake Год назад

Sorry about that

@emiliahellstrom3869 Год назад

I only have 2 rooms in my villa and a wide land around😊.

@user-er1on9yi9e Год назад

25% on rent used to be a thing in America in the old days . Unfortunately for most ( Most ) that is not remotely doable . When that equation gets blown up too far it leads to the constant financial distress that approx 40% of Americans live with . I keep wondering when these tens of millions of Americans hit their SS Button will Most move overseas ? If not what ?

@bixou22002 Год назад

Let's not forget...Health Insurance which is really expensive ! Even more when you get older...

@jackbaldwin3649 Год назад

But overseas health insurance is much, much less expensive even for older adults and as Dan says you can self insure if you're disciplined enough to budget for this.

@JP-kk2pu Год назад

Nailed it again. The new normal is not 1K per month. Keep researching and learn a new way to save or earn prior to escaping. Bad news I know. Not as bad if you waste your cash moving just to realize in a few months, opps! Dig deep any ideas of making money outside of your proven past skills will most likely fail. Thank you, Mr. Dan for your reports, they are truly appreciated! And invaluable. Not to plug Dan's reports but I can say they guided me! Kampot giving you a shout out.😊

@hillbillyintheasia6122 Год назад

if single 1k can be but if have a say a gf/ wife need 1600 to 2,000 k usa a month

@keangwooichoo6138 Год назад

Agree. How complicated a lifestyle will determine the cost.

@dominiquedrozak3723 Год назад

never bring the date home right away, if you want your stuff to stay with you, or the brother to come for a visit....

@VagabondAwake Год назад

Hi @dominiquedrozak3723, When you show up in a new town anywhere in the world, even the USA or Europe, you are at a disadvantage. I have a report that explains how I stay safe when I arrive in a place I am not familiar with yet. Here is a link to that report: vagabondbuddha.com/how-to-travel-the-world-safely/ Thanks for watching and commenting. It helps our business grow. Dan

@juanvaldez7633 Год назад

Another thing to plan for which I don't think was covered in the video are changes in exchange rates. Here in Colombia, the dollar has dropped about 20% within the last few months against the Colombian peso, so my rent which at the time seemed pretty reasonable has now crossed over that 25% threshold. But one benefit of that has been that it's forced me to rethink a lot of my discretionary spending habits and adjust my lifestyle accordingly.

@robertmuir1938 Год назад

I’m in the same boat in cali😊

@jackbaldwin3649 Год назад

I'm intrigued by Colombia. May I ask what city you live in? Have you lived in Colombia long? Thanks!

@robertmuir1938 Год назад

@@jackbaldwin3649 I live in Cali south west of Colombia 37 years off and on.

@juanvaldez7633 Год назад

@@jackbaldwin3649 2-1/2 years now in Medellín on my 2nd pensionado visa. Considering a move elsewhere to a smaller and more economical city in Colombia.

@Filippines.FeverDream Год назад

Great video...I always laugh though when these very good videos mention budgeting haircuts. :)

@jackbaldwin3649 Год назад

Right? I would imagine a haircut is less expensive outside the US compared to just about any country! lol

@VagabondAwake Год назад

My last one was $4 USD.

@ChristopheUSA888 11 месяцев назад

Thanks 🙏👀🙏

@lankstephens6374 Год назад

Thanks. Sounded like clickbait in contradiction to some of your other videos, but this was good, thought-provoking, reality....

@shaneparfitt77 5 месяцев назад

Yeah, I hit the jackpot and I retired in VN on less than $500 a month. I Married an accountant who also owns a coconut farmer. So now she concentrates on her accountant work and I pretend I know stuff about coconuts (I don’t) some guys come in, take the coconuts while I watch and they leave. And we have a very happy life travelling a lot.

@VagabondAwake 5 месяцев назад

Hi @shaneparfitt77, Would you like to be a guest start on one of my videos? Here is an example guest star video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ySM_2jAC4v4.html Your interview could be just your voice or we could do a zoom call showing your face. If you would like to be a guest star and share your story please leave a personal message here: vagabondbuddha.com/contact/ Thank you for your comment. The detail of your comment makes this real for people. If you have a business, service, or RU-vid channel, you could share that on the interview. Best, Dan

@enzos711 Год назад

"Don't live like a tourist" .. And what's the point, of living in an exotic strange land, and not "letting go" of your past life ..

@amaliahightower Год назад

Hello Dan…I’ve subscribed to your channel for a couple years. I don’t comment anymore and I watch your channel off n on. Anyways I’m writing this because I’ve heard Randy Wilson was deported. I guess Jimbo 360 watched your interview with him and reported him to the authorities. Some of the comments I was reading were hard to take ie he’s evil. I felt sad for him. I do hope he’s doing fine and getting some help whatever problems he may have encountered.

@gilbertgarrido297 9 месяцев назад

Here in USA 5k$ minimum to rent place, pay car, insurance, cellphone, net, gas, foods, electricity, heating gas that’s basic no entertainment mentioned

@jonb3189 Год назад

Few years ago, people were advertising that you need $500 to retire. Then it was $1000. Today it's $1,500 to $2,000. ..... and what will that number be in a few years from today??

@jdtravels5140 Год назад

Personally, I’m planning at least $3,000 a month. If needed, I could increase to $6,000. I have great health insurance, but will require insurance for my Filipina.

@hillbillyintheasia6122 Год назад

3,000 usd a month be in the top 5 % in the Philippine's

@jackbaldwin3649 Год назад

So at $3k a month you can rent a house near a beach, right? That would be cool. :-)

@Shakespielberg Год назад

Dan could you please tell us where is that quaint sea village at the beginning of this video? Wonderful video & content as usual. Thank you!!

@VagabondAwake Год назад

Puerto Galera in the Philippines.

@floren879 Год назад

Awesome 👏

@VagabondAwake Год назад

Thank you! Cheers!

@jackbaldwin3649 Год назад

Wow Dan!! Can we have a tour of Robert's new rental in Puerto Galera? More great advice from Dan...thank you!!!

@VagabondAwake Год назад

Stay tuned. He has filmed it and we are doing a video soon. :-)

@jackbaldwin3649 Год назад

@@VagabondAwake Cool! Thanks Dan!

@cargopilot747 3 месяца назад

That's interesting at 2:08. My rent (not including utilities) in the US is about 60% of my total cost to exist, and I keep track of expenses carefully. My car is paid off, and food here is cheaper relative to income. I'm frugal with groceries and other outgo, so my expenditures beyond rent are proportionately low. If I were to buy a house here (not interested, though), the banksters would approve a loan with monthly payments up to 1/3 of the gross income. I'd be interested in learning what people in various other nations are budgeting.

@cdmorrissy3692 11 месяцев назад

When I "semi-retire" in Davao City 4/2024 I'll have $220,000 saved, no debt, and a $4,300 monthly income from Social Security, interest income and 50 hrs. of monthly work - which (with my 100,000 Peso monthly budget) will allow me to save at least 1.5 million Pesos every year.

@GarrettSAlston 11 месяцев назад

@enzos711 Год назад

The "old" rule of thumb was rent should be a wks pay .. I see the 30% of monthly income used as a default today .. but too many exceed 40% in US these days ..

@jdtravels5140 11 месяцев назад

My uncle is Warren Buffet. Charlie Munger is my Godfather. Best of all I am Howard Hughes love child and inherited half his fortune. Unfortunately, I am Pinocchio’s half brother.

@robertmeade1292 Год назад

Dan, you are so right on every thought and suggestion. Even as seasoned traveler I have already spent far more than planned my fist month now in the Philippines. I am leveling out now after setting up my home bass apartment, yes for only 7,000 philippino pesos a month. Yes I scoured the area and checked out 6 places all over the area before finding the great location I settled on. I have decided currently I can take at least one island hopping adventure per month. This month? After a few days in Manila at least a week in Dumaguete and then maybe Cebu City and surrounding area for a few more days before returning to Puerto Galera😊 As you know I will be there in Puerto Galera July 23. I noticed most of your rolling videos and pictures for this entry were taken from Puerto Galera and Bali. Awesome. Funny, saw you at LUCAS reasturant. Rose the owner is the landlord and owner of my apartment. Sweet lady. See you in a couple days! Life is good.

@robertmeade1292 Год назад

Meant I will be in Dumaguete on July 23----😂

@justinmcintosh6554 Год назад

Good advice

@VagabondAwake Год назад

Glad you liked it

@justinmcintosh6554 Год назад

@@VagabondAwake very much thanks

@KB3TLE 8 месяцев назад

My idea of being retired & living in the Philippines on a $1500 budget is to acquire a $60 - $80 / month '''frugal''' studio on a very long term lease. Fix it up to western standards at my expense to my liking and comfort. A lease negotiated 'until I die' and leave my 'stuff' with the owner. -- This will effectively reduce my rent % of $1500 / month to perhaps enough to allow the budget appear as closer to $1800 - $2000 / month. A comfortable life can be had with a strict recognition between a want and a need. Many do it on less than $ 1500 ? -- They have to !

@naldebol 11 месяцев назад

Here are a few places where you can 1) Nicaragua 2) Vietnam or Cambodia 3) Province area in Ph But IMO, no one should try that unless they have 200-300 to allocate to savings every month.

@IaintTheHerb Год назад

12:35 if you're doing dinner on the 1st date, you're doing it wrong, just like in the west. Let Chad she meets later buy the dinner!

@louis20122 Год назад

I think if you can take advantage of foreign exchange rates fluctuation, you can manage budget well too. And it does not take much work.

@nomadinthemaking 11 месяцев назад

In Philippines an expat can exist off $1000 50,000 a month. But you are watching every penny even justifying everything you spend that isn’t essential. I spent 3 months there and figured the minimum I would need is 65,000 a month. 15,000 rent, 5000 electric internet and water. 5000 visa renewal and health insurance. 30,000 a month or 1000 a day for food entertainment etc and 10,000 for what if. That’s renting a 1 bedroom apartment in a small city. 100,000 pesos a month is a very comfortable budget there which is what I had.

@caleblawrenceriainc.7600 10 месяцев назад

Exactly.

@vgshwk Год назад

Maybe you have this in your emergency fund but have an escape fund so you can leave on a short notice.

@dovoso5685 11 месяцев назад

Rule of thumb , US poverty level for a couple is about 20k per year . If you are a single expat , most likely you will end up with a local partner, so unless your net budget is greater than 20k - you better stay at home. SE Asia is cheap, but its not Dirt cheap.

@VagabondAwake 11 месяцев назад

I would rather live in SE Asia on 20k a year than the USA. That is not even close in my mind. Whether I am single or in a relationship.

@DigitalNomadPhysicians Год назад

The idea of letting your investments offset any inflation is a brilliant thought on top of all of the other real-world advice given t expats. Thank you for sharing.

@comfortszone7420 11 месяцев назад

Great video. Couple points. Worldwide inflation has increased budgets. I'm in MX and between inflation and the increased value of the Peso has increased our budget 25% from the same time last year. Those are fluctuating costs which will hopefully go our way in the future. The other point is that most budgets I see at $1000 usd don't include any activities except going out to the eat on infrequent occasions. I want to do activities when I'm in interesting places. Some activities are free. Beach, people watching, exploring. But many activities cost money. I want to go to a show or Teatro, I want to be able to rent a boogie board or snorkeling gear. I want to take short day/overnight trips to locations nearby. Don't forget medical expenses. I used to say for a single person, $1000 will get you by but no frills. $1500 will be very comfortable. You'll be able to do most reasonable actives and live nicely. $2000 and you can do pretty much whatever you want. I would increase those by 25% in many counties currently.

@malcolmnicoll1165 Год назад

Oh man! Just when I thought I could pull it off. My hopes to retire abroad on $1,000 per month are now dashed to the ground. I still think it’s doable if one lives within their means. I remain hopeful.

@joelmonkley6177 10 месяцев назад

You can mate live for a thousand a month just not in touristy areas mostly in Thailand or Philippines. Living a little bit away you can if you don't drink much you can cook your own food grow veges

@VittoShulman 9 месяцев назад

Vietnam will be the cheapest and most comfortable on budget. Just stay away from touristy areas like Saigon and HoiAnn - which is a tourist trap. Be careful about scammers. PH is doable too but it takes a lot if "adjustment" to figure out how and where to live in PH. Rual TH is good but visa runs make it difficult.

@timisaac8121 11 месяцев назад

Dan I spent about 1 year checking out the neighborhoods close by. I wanted to spend about $25K on a property to live: I found a great place for about $16K- ... There are MANY places available today at those prices...

@rickhilton2447 11 месяцев назад

I live in Jomtien for 7 months and I am on a 1000 month budget . Only go drink or get a girl once a week just like I did back in the US. My rent 215 great amenities, bars and restaurants in the complex , 800 meters to the beach .

@blindfoldsanddaggers5350 11 месяцев назад

Does Thailand force you to show health insurance coverage to stay ? And what is the name of the complex in Jomtien ? I'm choosing between Philippines and Thailand.

@rickhilton2447 10 месяцев назад

@@blindfoldsanddaggers5350I am on a retirement visa non o, no required insurance. I live in Talay 1 on second road. Philippines will have more English speakers.

@jawwaadwilson592 11 месяцев назад

I’m starting to see it would make no sense to live full time over seas maybe 3 to 6 months out of the year but keep insurance and a house here in the states makes more sense

@ianlewis2813 Год назад

I live a nice life in the Philippines on £1,000 a month, in a 2 bedroom apartment rented with 2 large pools in cebu city...have a twist & Go.. (I have an emergency fund no insurance).. Aircon @ night , 2 adults, non smoker/ non alcoholic...week / weekend trips away in the Philippines & a month holiday in Thailand as well per year...

@dominiquetheeasyminimalist Год назад

It’s important to track our spendings to the penny at least one year before moving. Without proper knowledge of all our expenses, reality could bite hard once abroad.

@nineseven420empire3 Год назад

I do not gamble, smoke or drink coffee, beer, or wine. I do NOT go to bars or other overpriced places, like coffee shops. I DO want to date and love to eat what I and others cook. So location, location, location.... But with no need to work I can slow travel for a year or more.

@christerberggren9260 Год назад

I am a Swedish man 76 year old. Move to jomtien Thailand 2017 with a Swedish pension 1.700 dollar/ month. Rent a nice condo ,one beedroom and nice livingroom and small kitchen and a big balcony with seaview .Fully furnichs with a washing machine a privat internet. I pay 9.000 thb month for this.El and wather extra. Even a big swimmingpool and gym in building even a sauna,sauna for what in Thailand . All this year only spend 50 to 60k month. Have a Honda Forza i drive localt on. Go and drink in bar one o two times month. I have a good friend ho live on max 40.000 thb month. I have a mutch better live here than Sweden, only that are more saftey here. But I have a buffert in Swedish bank if somthing happen. Sorry for my englich.

@VagabondAwake Год назад

Thank you for your cost of living numbers @christerberggren9260! We are all different. Each individual must do an exploratory visit before they will know their own numbers. Have a great day! Dan Have you seen our RU-vid country playlists yet? ru-vid.complaylists

@christerberggren9260 Год назад

Ofcourse i looking every your video,good info. Live 15 year ago in Filippinerna for 3 month but never feel saftey there. Thank you and your beautiful girlfriend for all videos.

@emiliahellstrom3869 Год назад

Me,own house,no need rent. Groceries and electricity is d biggest cost. Maybe mobile and Internet can be costly,I don't know.😊

@hillbillyintheasia6122 Год назад

own home best get a solar system 6k to 10 kw price for 6kw is 340 k to 650 k peso . 10kw 1m to 1,2 million peso .have zero electric bill.

@VagabondAwake Год назад

Want to be a guest star HillBilly? vagabondbuddha.com/contact/

@enzos711 Год назад

A lot of people use wishful thinking & creative math, when figuring their budget .. Always, factor / use the "worst case scenario" budget / math ..

@kjensen7819 11 месяцев назад

The difference is living or surviving. You can easily survive for 1000 USD in SEA, but to have a good life with decent accommodation you will need more. People forget to add everything they need when making these reports like also mentioned here. I will argue if you have normal needs, you cannot have a good life anywhere for 12.000 USD per year. Unless your idea of a good life is a small room on the country side, without any western products, without any travelling and without buying much shoes, clothes etc... My experience after living in 6 countries the last 30 years, is minimum 25.000 USD per year.

@mrvapor4791 Год назад

I just want to live in a condo near the beach.

@arniehere Год назад

Loveeet ❤

@michaeldemarillac9992 11 месяцев назад

Accommodation is the most expensive component of your expenditure. I just spent a month in the places you visited in Borneo/Malaysia. I looked at the local situation and found excellent solutions to that problem. I saw heroic local attempts creating inexpensive alternative style accommodation, they are on the right track but I can do it better. All else very cheap, delicious food, petrol, electricity. I spent 13 Ringgat Malay to watch the latest mission impossible in air-conditioned comfort. Just about every household in Sarawak/Sabah have an air conditioner because they are so cheap to run and I am going back full time next year. Who knew it was illegal to swim in crocodile infested rivers. Of course you can do a crocodile wrestling course in Australia, that can prepare you better for being in the Borneo jungle hehe.

@Joe-ff1oh Год назад

My budget is $2800 in Thailand ✔️

@VagabondAwake Год назад

Sweet.

@enough1494 Год назад

I chose to leave Culebra and come to the USA. Huge mistake! We all got locked down, I have spent a fortune as a retirees teacher and now what? I was hoping $1300.00 would be enough, so I could keep up with my very mow mortgage in PR. But now I don’t know what to do!!!

@anonymousperson2345 11 месяцев назад

👍😇💛 Vietnam for me. 😊 Life in Vietnam can be more simple and more common sense, Vietnamese people can be very helpful, and Vietnamese food is the best. In addition, money is not everything because of the communal and socialist mindset. Of course if you have money and can afford it especually 😊when you are in retirement, then standard of living is so much better in the West.

@williamfurman2042 2 месяца назад

If you can live alone, one k per month would work in Asiatic countries. If you need a girlfriend, and the girlfriend has four kids, your one k per month will vanish the second or third week of the month, and you may be counting the days until the new deposit posts again. This is my story on Siquijor Island.

@VagabondAwake 2 месяца назад

Have you thought about changing your situation?

@williamfurman2042 2 месяца назад

I have to, because the one k can't be split into shares, it should be mainly for me because it is small.

@timhusk2913 11 месяцев назад

I have a house to live in over there and I told my Filipino wife that we will live on 2500 of my income and she can help to work too by no means do I expect her not to. And then I can bankroll a good chunk of change in my American bank account while transferring the other amount monthly in to my Philippine bank.😊

@DandMtravel Год назад

So I have to settle for macaroni and cheese😂😂😂.saludos a tú muñequita!

@VagabondAwake Год назад

And if you are naughty you will be sent to your room.

@DandMtravel Год назад

@@VagabondAwake 😅😅😅

@MENSA.lady2 11 месяцев назад

Nine reasons ? The one that matters is that if you are limited to $1000 per month the country you want won't accept you.

@pimpnsam1 Год назад

Vitamins. If you’re living in the Philippines, and not supplementing, you’re likely aging prematurely.

@ianbing 11 месяцев назад

where is that beautiful Island you are showing in this Video

@robertnunn3015 Год назад

I think that you can if you want to live like locals and dont carry health coverage.

@willeigo8468 Год назад

I rented in Kaoshiung Taiwan for $250 a month.

@Basman59 11 месяцев назад

Trouble with your budget is it fails to account for visa costs and health insurance ergo no chance of being anything less than $1300...try to cover the necessary costs like fixed costs not just variable like entertainment and or restaurants.

@kevinreist7718 Год назад

6:04 Get Qiang a ziplock bag for her smart phone. You might be able to save even more money by not having to replace her phone.

@dmfd123 Год назад

Hi! Great videos. I'm going to retire in the Philippines with an American Philippina. I think she'll help a lot as she knows the language and she has the proper look. This could save us a ton of money. She has family there too! And no, I will not give her family money. My question is: Have you ever made a cost-of-living table for a couple? Add 25% to 50%? Thanks!