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How I Make More Money Retired Than Working. Bali Indonesia Travel. Expat living overseas retired

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Aloha! I hope you enjoy the video. New content on travel, early retirement, investing and living a healthy, positive life every week.
I am a full time traveler and an expat from the states. I live low cost and happy overseas. Come along!
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Mahalo!
#expat #travel #retirement
#earlyretirement #minimalism #solotravel
Books by Christopher LaVoie:
Annexation! Historical collection of articles surrounding the annexation of Hawaii.
amzn.to/3iSgbiJ
Starkeys Boys. US Navy Deep sea diving in the Hawaiian Islands.
amzn.to/3yU1fpH
Urban Prepper. Prepping for emergencies in an urban environment.
amzn.to/37J9cCl
Minimalist travel equipment used by Retire and Go:
Burton Annex Backpack
www.amazon.com...
Iphone 12 pro max
www.amazon.com...
O'neil Brand Nomadix Cargo Shorts
amzn.to/49L8QZH
DJI Osmo 4 gimble
www.amazon.com...
Microsoft Surface laptop
www.amazon.com...
KEEN light hiking shoes
amzn.to/3WVNAgA
Swedish Kasa Cup for camping and travel
amzn.to/3VfXtol
Waterproof stick sun block
www.amazon.com...
Music:
Music: Goa
Musician: ASHUTOSH
Site: ashutoshmusic....
Music: Solo Acoustic 1
Musician: music by audionautix.com
License: creativecommon...
Music: Solo Acoustic 3
Musician: music by audionautix.com
License: creativecommon...
Music: Solo Acoustic 5
Musician: music by audionautix.com
License: creativecommon...
Music: Sleepless Night
Musician: Bimbotronic
Site: icons8.com/music/
Music: Swallow
Musician: EnjoyMusic
Site: enjoymusic.ai
Social Media:
Dont be fooled by imposters!
Dont respond to any What s app comments. They are all scams
Actual Instagram: retireandgoyoutube
Actual Twitter: RetireandGoYT
Actual Facebook page: Retire and Go RU-vid Channel

Опубликовано:

21 авг 2024

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Комментарии : 316

@jesseinasia Месяц назад

"I'm not buying clothing." Dude, you've worn that shirt every video since I started watching you three months ago! 💪

@RetireandGo Месяц назад

True! I have two long sleeve shirts I’ll buy two or three for next season ( I use years as seasons of travel) They work great Light and comfortable No buying a bunch of clothes for me :-) I live out of one backpack

@user-do6uy5jb6n Месяц назад

That’s his way of traveling, backpack only❤

@aldeiceci818 Месяц назад

In the grand scheme of things, clothes are not important..Travel light my friend..

@StreetSmartMillionaire Месяц назад

He also washes his cloths in a bucket with a 25 cent package of detergent. Brilliant for sure!

@RetireandGo Месяц назад

@@user-do6uy5jb6n yes true I love it Less stress and peaceful life

@RoOnTheGo 16 дней назад

I travelled all over the world alone, but I love to travel with my Thai girlfriend, because i love to share beautiful places I see

@RetireandGo 16 дней назад

Very nice :-) I wish you both fantastic journeys

@mangostickyrice555 Месяц назад

Thumbs up 👍 Christopher & a big Aloha

@RetireandGo Месяц назад

Aloha to you! :-)

@garyt7232 Месяц назад

You not only reduced your living expenses, but you also reduced your level of stress. Thank you for another inspirational vlog. Mahalo.

@RetireandGo Месяц назад

So true You get it exactly :-) Have a great week

@azspeedster5465 Месяц назад

Great video, Chris, on living a cheap and enjoyable life overseas. I am retired and planning my next trip overseas to several locations in Southeast Asia. Thank you for your very informative and detailed cost of living outside the US.

@RetireandGo Месяц назад

You are most welcome Have a good day :-)

@_jamesbradley__ Месяц назад

Let’s get this brother to 100,000 subscribers 😎👍🏻

@RetireandGo Месяц назад

Very kind of you Thank you I’m blessed to be bringing positive energy to good people every week

@timjensen6968 Месяц назад

Don't forget how living an enjoyable life vs. a stressed life will cost you money & time in the future.

@RetireandGo Месяц назад

What do you mean? Where is this coming from, Tim? Working for decades and investing so you can retire and travel will cause problems later? Whatever is going on , don’t give up ok? Don’t let this pessimism persist in you, have hope and make changes ok? :-)

@D.N.A.23 Месяц назад

This the way of living cheap food and good people from all over the world is at bali. Enjoy your life sir

@RetireandGo Месяц назад

Thank you :-) This is the nomad life I wanted , it’s not fancy but it’s peaceful

@maryswanson2412 Месяц назад

Should be REQUIRED VIEWING in the US ❤️ - I believe now that the “American Dream” of owning a house, car etc is a trap that keeps you on a treadmill for life. Unlike renting where costs are capped, you never stop with expenses on a house. Another great one Chris! Keep sharing beautiful Bali 😍

@RetireandGo Месяц назад

I agree The dream has changed We need to adapt as well Work and invest in the US, then retire overseas :-)

@damienyuen7718 Месяц назад

My goal was to retire early by 50. I was able to do it at 43 and left the US last year. Living the life overseas is much better then working like a dog in the US until 60 or 70. 🙂

@ducphong9334 Месяц назад

When you retire and not receiving much on social security, how will you make out then?

@damienyuen7718 Месяц назад

@@ducphong9334 I made a lot in my years working, saved and invested it. Paid a ton in taxes so If I ever make it to 59 and a half my IRA will be available or 62-67 I will have the crumbs of SS that will be left. I am not going to work another 20+ years for a few thousand per month in SS. I make more then that in passive income and as time goes by my investments will continue to grow. I chose to live my life now instead of working until I die. I rather die young and happy knowing that I did what I wanted my way then live a long life working. It's not for everyone but it is for me.

@RetireandGo Месяц назад

This is awesome ! 43 !! You are doing great

@RetireandGo Месяц назад

Don’t stress, we can’t plan on social security unfortunately It may be broke Plan on our own investments

@RetireandGo Месяц назад

I’m not even planning for social security I think it will be broke haha I’m Investing!

@BrendenSharp Месяц назад

Hey Chris, I've been watching you for a while now and I think your videos are getting better and better. Keep up all the great work you do for all your subscribers and enjoy the journey!

@RetireandGo Месяц назад

I really appreciate this feedback I work on editing, music, ideas Thank you so much :-)

@BrendenSharp Месяц назад

@@RetireandGo I can see improvement so keep it going mate. 👍

@theent01 Месяц назад

love that you broke this down like this! Very inspiring!

@RetireandGo Месяц назад

I hope it’s helpful :-) Have a great day

@fosterbrower4116 Месяц назад

Great video brother, the one thing you haven't mentioned is you are self employed now, you do as you like, that's worth everything to me these days. I have been watching your older video's you have made steady progress. All the best my friend, PEACE!!!

@RetireandGo Месяц назад

Very true I appreciate this :-)

@robbatayaki5505 Месяц назад

Saving money = Making money

@RetireandGo Месяц назад

True! Reduce costs Build that retirement a little more every month

@gregmurphy2691 Месяц назад

Great video mate. I'm not retiring just yet, but semi retiring i guess at 40. 4 hours a day is enough for me. But allows me to travel, and escape the west 🎉

@RetireandGo Месяц назад

I think that is a good idea 4 hours a day Maybe 4 days a week That’s a sweet set up

@gregmurphy2691 Месяц назад

@@RetireandGo thank you, yea 4 days will be enough for me 👍

@thp200 Месяц назад

The shorter hair suits you man. Makes you look ten years younger.

@RetireandGo Месяц назад

Thank you so much More comfortable as well haha :-)

@josephschickler5192 Месяц назад

Aloha fellow retired Kamaaina. Can not agree with you more. Retired Jan 1 from Kona, Hawaii. In 2023, I made over $130,000 (loads of overtime, knowing it was my last year of work). After maxing out my retirement, I was just getting by. My wife and I have a very minimalist lifestyle. Never go out to eat, or buy any extravagant items. The cost of living in Hawaii was so ridiculous, Was making incredible money, but it just seemed to flow through my fingers. Everything was such a rip-off. It's sad to leave Hawaii, but life is so much better now. We have been traveling through S.E., Asia. Our cost of living has been about $2,000/month for both of us. [BTW we tend to go a step up in accommodations. Usually spend $35/40 a night. Try to get breakfast included. Help reduce cost). Today, got a $3 haircut in Cameron Highlands in Malaysia, try that in Hawaii, Keep up the great work; we hope to cross paths. A hui Hou

@RetireandGo Месяц назад

I loved reading this ! Yes, I had a similar experience in Hawaii. I was falling behind and working so hard. I hope you two have the absolutely best year of travel ! :-)

@robindurham346 Месяц назад

I felt like you were talking directly to me when you made this video. Thank you so much. I am in the same quandary that you were in. I have a job 55,000 a year extra 5000 off AirBnB paid for, Carr paid for, and I can barely keep my head above water with paying taxes car insurance house insurance very expensive groceries here in the US, I’m better off to do the same thing and I’m about to in three months.

@RetireandGo Месяц назад

You are doing great Planning Preparation Awesome !

@ScottBlacklow Месяц назад

You make great videaos mate.

@RetireandGo Месяц назад

Thank you for this feedback It’s appreciated :-)

@CuriousMind1011 9 дней назад

I we stayed in Kuta for a few days and spent a day in Ubud but visited Java and spent a few days here each major city, I loved JogJa, we spent a month in Indonesia, what an amazing country, we came back just 2 days ago. One problem is the visa restrictions on long-term stays for expats.

@RetireandGo 8 дней назад

Yes true I’m looking at the one year digital nomad visa perhaps

@ronnyb9416 Месяц назад

"You are NOT a Tree....you can always move". As I mentioned before, we are in the process of downsizing/selling the house (money pit) and will get out of here next Spring. We have done the numbers and it clearly shows we will have a sizeable surplus every month when we are in Malaysia (to start). We have lived overseas before (Latin America), and can without doubt confirm everything you are saying. Keep up the good work. Always let us know what you are paying for things to keep it all in perspective. Show us some small shopping areas for clothing and a grocery store and compare some prices. Showing actual prices is the best way to validate your information. Keep up the happy travels!!

@RetireandGo Месяц назад

I totally agree with you A world to explore Have a wonderful week :-)

@RetireandGo Месяц назад

Ok I will keep this in mind I’m trying to show all prices I’ll have to do a market walk around

@marketsqueezer Месяц назад

Absolutely no brainer, I fully understand. It’s very smart you don’t need to pay taxes on dividend stocks.

@RetireandGo Месяц назад

Yes :-) And US treasury bill income And any income you earn while retired like rental income … try to keep it below the standard deduction of $14,000

@JackWilliams-lv9bj Месяц назад

Great vid with excellent factual points. What it cost my wife & I just to go to work each day is insane. We are 2 years away from making the leap overseas.

@RetireandGo Месяц назад

I totally understand I was amazed when I saw one year in Asia … and my bank accounts did not change !! My dividend income covered my costs ! For 12 months !

@user-ts2gy6ph2q Месяц назад

Hey Chris, as always, another make sense video. Thanks for your continued efforts and path forward views. Be safe out there!

@RetireandGo Месяц назад

I appreciate this Thank you Have a good week :-)

@georgeschahoud7160 Месяц назад

What you did my friend is very simple, you broke out of the matrix, great and inspiring video, thumbs up, Alloha.

@RetireandGo Месяц назад

Amen! Thank you for understanding I agree :-)

@Childfree_Jerra Месяц назад

Timothy Ward recommended this channel! You’re making me reminisce about my first visit to Bali…now I wanna go back! Thanks for sharing! I’m on a path to retire early too…or at least divorce Corporate America completely.💯

@RetireandGo Месяц назад

Tim is a wonderful mentor for me Very inspirational This is great to read You are planning and preparing well

@baliwalknshops1517 Месяц назад

Enjoy your video as always. Please keep posting about Bali.

@RetireandGo Месяц назад

Absolutely :-) Lots of Bali ahead !

@baliwalknshops1517 Месяц назад

@@RetireandGo looking forward to watch them

@stevensantiago746 Месяц назад

Looking thinner brother, its working👍🏽

@RetireandGo Месяц назад

Thank you :-) I’m Really working on it

@brucesnyder690 Месяц назад

Another great video. Retired expat living in Thailand six years. Great Thai partner. Everything good here- nice people, low cost if living, no inflation. Plenty of travel. We own our house, car, big bike. Pay no US taxes, no property taxes. Havent missed the US for a month. Bali early next year. Will use your videos for plannjng. Thanks again and safe travels.

@RetireandGo Месяц назад

I totally understand I commend you on a great plan and set up !

@brucesnyder690 Месяц назад

@@RetireandGo keep those videos coming!! Going to KL soon, gotta check your videos. Stay safe

@SOIENERGY 2 дня назад

I appreciate the videos and motivation to get my plan put together to live the good life. Keep it up brother you paid your dues in the Military and contractor life. The hardest part of breaking away is not being like everyone else with all the debt. Any suggestions on the travelers insurance?

@RetireandGo 2 дня назад

You can try Genki insurance I’m working on more information for you on this

@SOIENERGY День назад

Thank you for the information.

@RetireandGo День назад

Check out the link in the description of my newest video for travel healthcare coverage. :-) It’s new ! Thank you

@djvdjvDJV Месяц назад

Loving your videos amd advice mate. Good on you for living the dream ❤

@RetireandGo Месяц назад

Thank you so much I’m enjoying your streams ! Thank you for bringing great music to us watching around the world

@dennynisevic7848 Месяц назад

One more masterpiece video Thanks ❤❤

@RetireandGo Месяц назад

Thank you :-) I hope you have a great week

@khalidbenramadan9946 Месяц назад

👍❤ enjoy your life

@RetireandGo Месяц назад

Thank you so much Have a great week

@ak68uk Месяц назад

Can you add a video on your monthly income and outgoings

@RetireandGo Месяц назад

Absolutely! I’m making 12 this year Check my channel page for my monthly 30 day costs breakdown

@ak68uk Месяц назад

@@RetireandGo excellent. I watch every one of your videos. Keep up the great work

@WhoElseLikesPortal Месяц назад

I am thrilled you're getting to live a dream life in paradise! I was very interested in your earlier content about overseas government contracting and to see the outcome is even more of an inspiration. Given that this video talks finances, do you see yourself making a video about your experience with salaries and expenses working as an overseas government contractor specifically regarding IT? After much research, I wouldn't hesitate to say you're one of the top authorities on the matter online. I think it may bring more attention to govtech and it would certainly grant many the insight into their potential and future! Thank you for all your videos!

@RetireandGo Месяц назад

Good points The overseas work in IT is so huge right now Eastern Europe is opening so many six figure jobs in IT for government contractors I hope more people get into it It propelled me into financial security

@portlandGTR Месяц назад

Working is expensive! I’ve always said this since the first time I was laid off and got unemployment. Was at 60% of my wage and had more money by a long shot. Gas money, lunch money, etc… over a month is a lot to spend

@RetireandGo Месяц назад

Yes I experienced this as well The traffic Stress Lunch costs Taxes Housing in the west I could not afford it anymore :-)

@LarsAndersen-ig9yt Месяц назад

5:33 USD15 For that room... Oh dear lord. That really is a great price🎄🎇✨✨

@RetireandGo Месяц назад

True! Malaysia … $14 Pattaya … $16 Southeast Asia is the way Simple rooms for a simple life :-)

@user-le8kk9od5m Месяц назад

Another great video," thanks!!! Were I live here in the south west most people work 2 jobs and still have debt, makes sense to retire like your doing and not get ripped off from our home country😅

@RetireandGo Месяц назад

Yes that was me I had jobs, paying bills, nothing left to invest to retire I needed a change

@ianwhittaker3041 Месяц назад

Great video Christopher :). Would be great to see a video of your income breakdown, ie what you get for your rental, your dividends etc.. Us Fire wannabes love the numbers man :)

@RetireandGo Месяц назад

For sure ! I can generally plan on $2000 a month from My investments That’s why I keep my cost of living below $24,000 a year Tough in the US. Does this help ?

@ianwhittaker3041 Месяц назад

@@RetireandGo perfect, although a video on it would make great content, eg description & location of your rental, what rent you receive etc.. Would you invest in more rentals? Thanks

@RetireandGo Месяц назад

@@ianwhittaker3041 I appreciate this !

@ratnoinamaew7822 Месяц назад

Yes, its possible. But note you gotta be a property owner to get that rent and have a place to come back to for when u get old.

@RetireandGo Месяц назад

Both are very good points ! Truth

@simmonds3930 Месяц назад

I did the math 3 yrs ago too. Now spend 1/2 year in Asia, 1/2 in the West. Have a small condo, but far less cost than a house. Thought about going back to work part-time this year, but taxes would be more than 50%. Think I'll stay retired.

@RetireandGo Месяц назад

I totally understand Sometimes working a little can be fun as well Interesting too

@user-do6uy5jb6n Месяц назад

I love it ……..we think alike🥰

@RetireandGo Месяц назад

Outstanding! Enjoy life, travel, health and retirement Have a great week :-)

@ozmunky Месяц назад

Not only all that, but the food you are eating is not ultra processed and naturally healthy, meaning diabetes type 2 and other metabolic syndrome risks are greatly reduced or eliminated entirely. You have won the game.

@RetireandGo Месяц назад

I agree, very healthy The game awaits you as well ok? :-)

@ozmunky Месяц назад

@@RetireandGo Oh yeah - retire in Sept for good after semi retiring at age 58. currently in the UK with an eye on SE Asia where I lived for 11 years in the '90s.

@Photojouralist123 Месяц назад

Like I said did this 30 years ago, now living the life here in KL my apple stocks are going nuts my dividends are fantastic cost of living is very very low I love it your right I can vouch for you bro. I'm living proof, America love it or leave it and I left!

@RetireandGo Месяц назад

You have done it right ! How has the summer been? Enjoying ?

@Photojouralist123 Месяц назад

@@RetireandGo yep this summer 28 July we will be in Sanur Bali like yourself we go every year to Bali

@darrylsmith7069 Месяц назад

True freedom!

@RetireandGo Месяц назад

Yes ! Freedom is 100% control of your time It does not connect to a number or amount of wealth It’s time control :-)

@darrylsmith7069 Месяц назад

@@RetireandGo Exactly what I am now doing in Thailand - having retired for exactly the same reasons as you...😁

@RetireandGo Месяц назад

@@darrylsmith7069 nice !

@peterfischer5459 Месяц назад

I like the solo filming ✅ No one has run off with your tripod & camera whilst filming an overview wide angle shot of you ignoring camera walking other direction 😊. Very cool. Good spots of private filming too. Nice & quiet ❤. Love that. Beautiful spots. Is it possible to know what camera gear you use for filming?

@RetireandGo Месяц назад

Great points I do keep an eye on it all for sure Locals are not the problem in Southeast Asia , drunk westerners are haha. Yes I walk early so the tourists are all asleep still :-) Yes of course , I use the iPhone 12 Pro Max for all filming Best cameras you can get Cinematic grade

@peterfischer5459 Месяц назад

@@RetireandGo Nice one. I have the iPhone 12 also but not the Max. I just asked because I thought you might be using the Gopro.

@RetireandGo Месяц назад

@@peterfischer5459 the pro max coming out this year has even more advanced forward facing cameras Go pros are nice! Don’t have one? They are easy to travel with

@cathyanderton1583 Месяц назад

Unfortunately in Australia I don't believe we have many tax free investment incentives. If we make money from super etc after retirement its all taxable, however we do have a tax free income threshold. We have high bodycorp, rates and insurance prices, even on cheap apartments so, if you keep your home while living overseas there would still be high costs, even if we aren't living here. If you are lucky you may be able to rent it long enough to cover the costs but I know a unit downstairs from me was trashed by tennants and the owner is still getting it fixed up do it has been vacant for several months, its probably costing him money now - fixing it up after bad tenants and still paying rates, body corp etc. . But if you sell, it would probably be hard to afford another place later. What to fo?

@RetireandGo Месяц назад

You do have a well funded retirement plan nationally I just watched a video on it

@M.ForEver888 Месяц назад

Once again, an inspiring and captivating video that you have created for us. You are likely not the only one in the USA with a similar situation. Do you know how many Americans are seeking a better life in Southeast Asia? Has it only been possible because you use the Dollar in Southeast Asia, otherwise, you would not be able to retire early?

@RetireandGo Месяц назад

Great questions Would you agree most Americans and Canadians head south to Latin America over Asia? I think that’s the most common I like both but Asia is more my speed

@M.ForEver888 Месяц назад

@@RetireandGo I think you are right. How about making a video about it? Why Southeast Asia is more to your preference and what the advantages are compared to Latin America. And what would your experience be if you chose Latin America? Maybe also discuss the benefits of using dollars in Asia, as this can help you save, right?

@RetireandGo Месяц назад

@@M.ForEver888 in Argentina they really wanted those US $100 bills Openly calling for them It’s the right year to go there !

@freerange6739 Месяц назад

I have been homeless for 18 years. Now over 70. I have lived in SE Asia, Mexico and except for Covid, South America I stay 9 months a year in South America. I don't go to Asia anymore. Too hot. I live on $2000 a month also but my costs are less. I have a South Dakota residence. They have no state income tax. Over 65 you get a standard deduction of $15,500 and I don't pay federal tax on Social Security. I am in the top 5% richest people in the world

@RetireandGo Месяц назад

You are set up well South Dakota is beautiful as well

@brettpower6508 Месяц назад

Watch the bad oils they use mate, Really did damage to my father.. You are definitely living the dream! I'm 49 and doing it in the Philippines,

@RetireandGo Месяц назад

Tell me more about the oils, food or skin creams ? Hey! You are in the Philippines? That’s great I enjoyed my travel there in 2023 Many videos up from the Philippines

@brettpower6508 Месяц назад

@RetireandGo seed oils are so bad! I avoid them 95% of the time( very hard like thailand to avoid) here in Philippines but I've found restaurants where I can get at least olive oil.. my father died of a heart attack at 65 and was told definitely fried foods, he ate alot of Chinese, Thai, fried foods and clogged his arteries! Also drank massive amounts of coke zero! Never drank alchol nor smoked.. sunscreen use coconut oil 👍 sunscreen is toxic! Yes il get shit for this but it is!! Keep living that dream pal and chase them good oils! Even request just cooked in butter

@user-do6uy5jb6n Месяц назад

That is keeping it real❤

@user-do6uy5jb6n Месяц назад

So you’re not an Expat you’re basically a traveler you don’t have to apply for a resident status because then you would have to make a certain amount of money to be able to live there, correct?

@RetireandGo Месяц назад

Absolutely :-) Have a great day

@RetireandGo Месяц назад

Each country is different I just use visitor visa I want to change countries for the channel variety :-) Indonesia started a sweet one year digital nomad visa I like

@user-do6uy5jb6n Месяц назад

@@RetireandGo fun nice😀

@user-do6uy5jb6n Месяц назад

@@RetireandGo i’ve always thought Mexico was my go to, but seen your videos has expanded my horizons

@sonplusone7059 Месяц назад

Abud will definitely be my place as I love vegan food and natural health. I have to admit, I’m a little afraid of the monkeys lol. Living overseas seems to be the best choice for me. Thank you for helping me make that decision 🤗

@RetireandGo Месяц назад

You are most welcome Keep us updated on your travels ok?

@kardoomar1219 Месяц назад

Please we need more information about how we can di like you.... every working day is very stressful in Sweden.. it is like nightmare

@RetireandGo Месяц назад

I understand You are doing what you need to do Work and invest Enjoy your time now as well with good hikes outside of the cities ok? You are working towards your goals

@eurotrash2915 Месяц назад

So essentially, doing some calculations, going by the 2 grand a month you live off 2/3 of the money you'd get paid in that " great " job, but because of the new found lifestyle you get to keep some in the bank after every month growing your investments and/or savings, awesome 👌, could you give a ballpark figure what is needed to generate that sort of return in your case, lumpsum and average percentage income on that?

@RetireandGo Месяц назад

Reducing cost of living is a huge factor My housing is under $500 a month most months No automotive costs at all These are huge $100 a month travel healthcare That’s $500 a month savings We are talking thousands of dollars a month not being spent. I keep my annual cost of living I’m under $24,000 My income from investments covers that :-) Not rich by a long shot haha But it’s working Does this help ?

@gakenh01 Месяц назад

I believe you now. I figured $30k for property taxes, car and home insurance, and medical insurance if I did not work. One cannot retire like that. In the US you are forced to work. And when you are over 50 in IT, they dont want you.

@RetireandGo Месяц назад

Truth! You are right I realized I would have to work harder or even return overseas I’m not in my 20s haha :-) I was done

@RetireandGo Месяц назад

Truth! You are right I realized I would have to work harder or even return overseas I’m not in my 20s haha :-) I was done

@cathyanderton1583 Месяц назад

He's getting rent so surely he must be paying property taxes still?

@RetireandGo Месяц назад

@@cathyanderton1583 great point All income must be submitted to the IRS Always Here is the advantage: the first $40,000 in qualifying dividends are federal tax free (move to a state with no taxes and you are even better!) My rent income is below the standard deduction of $14,000 so its tax free too It’s about planning Preparing Letting your money work for you, ok? :-)

@cathyanderton1583 Месяц назад

You almost did your daily food budget in that cafe alone? Was that lunch for $6? Was the coke extra? Only $4 left for the rest of the day's food budget. It adds up quickly, even when dishes are $3 each! Does the accommodation include Breakfast?

@RetireandGo Месяц назад

I barely break $10 a day unless I’m doing a video or something haha :-) Have a good day

@Schrear Месяц назад

Would love to see your full portfolio brother

@RetireandGo Месяц назад

Just watch my stock videos I give names Also my dividend income is $2000 a month and that enough to live in southeast Asia Shoot for that number and retire

@jaymeez Месяц назад

70k a year in Hawaii is ridiculously low especially for someone like you with all your IT experience. You were doing overseas contracting before where the pay was significantly higher and you wouldn’t have to pay taxes on roughly the first 120k. Why not continue doing that? Just to stack up some more “just in case” money. I am still looking into overseas contracting still

@RetireandGo Месяц назад

@@jaymeez all true Pay in Hawaii is 30 percent less than California Terrible That’s why I went overseas to a war zone Dangerous but profitable haha

@jaymeez 27 дней назад

@@RetireandGo Hey any advice for someone looking to get into IT specifically for overseas contracting? Should I go Security+ first? What resources did you use when studying for the exams?

@jtraveler888 Месяц назад

💯🎯

@RetireandGo Месяц назад

A big thank you to you !

@jpsabbey Месяц назад

You've figured it out!...'made in the shade'...We think very similarly. oh and nice haircut 😉regards Jason 🦘

@RetireandGo Месяц назад

Thank you and have a great week, Jason! :-)

@ClaudiaS193 Месяц назад

I love your Videos and Your Content. I checked with Google Maps where the Hotel is and where the Restaurant is and saved both in my Google Maps Travel List. Do you meet while traveling some other expats? I there a good Expats community? Do you have a recommendation for good places for a female solo Traveler between November and March? Because this is not a good time to be in Bali because of the weather. I thought Thailand should be nice, but I would like to have something other than Pattaya, something more Bali-like. 🎉❤ Thank you for your content.

@RetireandGo Месяц назад

In coffee shops and even 7 11 you will smile and say hello to expats all the time Invite them to sit and chat :-)

@ClaudiaS193 Месяц назад

@@RetireandGo Thank you from Germany

@NathanAndKendallTravel Месяц назад

You're an inspiration. Would you recommend this kind of life for a young family?

@RetireandGo Месяц назад

This is a great question There are some families that are moving to Indonesia to raise families They are quite welcoming Check out their visas Malaysia as well

@rtt1961 Месяц назад

So shocking to get the numbers. The COL in the US is incomprehensible.

@RetireandGo Месяц назад

True I could not keep up !

@sunilrodrigo9778 Месяц назад

Great video. Can you show us or give us list of qualified dividend stocks. Or ETFs.

@RetireandGo Месяц назад

Absolutely I’m trying to do about one investing video a week I’m mentioning stocks for sure Any favorites you have ?

@slumberinc Месяц назад

In Sweden I pay over 60% in taxes. And then sales tax is normally 25%. Its not doable any more.

@LarsAndersen-ig9yt Месяц назад

Inviting half the Middle East is expensive.

@RetireandGo Месяц назад

Oh my ! That is really high Well, you get to be surrounded by beautiful blondes .. there is a price ! Haha :-) Southeast Asia is the low cost way to go

@jmariehill9832 Месяц назад

How do you get Healthcare set up for yourself overseas?

@RetireandGo Месяц назад

Very good question I use a $100 a month travel healthcare plan It’s quite good Many companies to choose from Does this help ?

@jmariehill9832 Месяц назад

@RetireandGo Yes, Thank you! I'm fully considering making this transition as soon as I can.

@2GoAwandering Месяц назад

Hi, could you provide more detail, as we are looking to set out travelling soon. How much do you invest to get 2000$ return every month? Also what about phone, flights, train/taxi etc, and RU-vid earnings? Thanks!

@RetireandGo Месяц назад

Yes of course If you invest safest like SCHD stock you look at the dividend yield That will help you calculate how much you need in it. I use higher dividend yield stocks with it like O, ABR, MO, LYB, ENB, SBLK This brings diversification

@el2203el Месяц назад

We are planning with my sister, slow round trip to some Latin America countries, and later to Southeast Asia. Can you tell me please which Health Insurance company is good for both regions?

@RetireandGo Месяц назад

If you search the top three I have used all of them haha Call them to double check the coverage has not changed

@darrylk808 Месяц назад

Kuta beach? Ubud is nice, but I really didn't like Kuta. I'm just not a fan of Bali. My wife likes it, went back a few times on girl only trips. Should I be worried?😂😂 Hawaii really does not pay a lot. Tried moving back there and took a big pay cut. 2 years later, I decided to move back to CA.

@RetireandGo Месяц назад

I totally understand Have you checked out the Seminyak area about two kilometers down the beach ? Less traffic I think :-)

@winnerwinnerchickendinner8809 Месяц назад

I wonder which countries are not part of great reset that is coming. Southeast Asian while it is cheap, I wonder it will be affected if dollar system goes down

@RetireandGo Месяц назад

This is an important thought I think Asia is pulling away from the west more I’m ok with that So am I haha :-)

@BebopKoala Месяц назад

@@RetireandGo Thailand is getting into WEF. They are planning to give each Thai 10,000 baht in crypto, costing about 2x the liquidity in the entire Thai banking system.

@RetireandGo Месяц назад

@@BebopKoala I have not read this Very interesting!!

@mamzellilooo Месяц назад

Great video. I was a process control engineer (just retired 2/21/24) I would always stress test my projects just to make sure it would work under all conditions. Also depending on the government. But I found away of earning more income despite my Retirement. $67k weekly returns has been life changing, after so much struggles.

@RetireandGo Месяц назад

This is outstanding! You are planning well and setting up your finances properly Excellent

@budawang77 Месяц назад

The gap between income from wages and investments has been steadily getting worse for wage earners over the years. The economy is set up for rent seekers and not workers. This will become a huge problem in coming years. Here in Australia we're struggling getting essential workers in high cost locations like the leafy areas of Sydney. Who in their right mind is going to commute 3 hours a day, paying road tolls and parking, so that they can serve those wealthy rent seekers?

@RetireandGo Месяц назад

I totally agree It’s very hard in Australia and in my country as well Prices are going to the moon This is why I advocate to retire, invest, get out of the west

@Marek_Cali Месяц назад

dude, no way you paid 50% tax on 70K income .your actual tax was well below 30%

@RetireandGo Месяц назад

Hawaii One word Highest taxes, fees, all utilities and services Insane In Hawaii it is a starting, starting, rule of thumb to divide income by 2 Start budget from there

@carlamollica323 Месяц назад

Another great video!! Do you factor in your airplane tickets to your expenses? Do you get lonely at all travelling on your own? 😢

@RetireandGo Месяц назад

Great question! I do figure in my travel expenses for sure Southeast Asia round trip bounces are cheap Sometimes under $100 Scoot airline and Firefly airlines

@carlamollica323 Месяц назад

@@RetireandGo Thanks for the tip! Will look into Scoot and Firefly airlines. We are looking at going from Chiang Mai to Vietnam so will do a search on those two now.

@vbrandi7928 Месяц назад

How did you know when to make the change? I’ve been theorizing and pasively planning for awhile but I am procrastinating when to “Launch”. Any suggestions?

@RetireandGo Месяц назад

Start small Cancel all monthly subscriptions and sell anything you make a monthly payment on Start an online brokerage account, use customer service to help you if need be Pay off all debt Put 20 percent of income into stocks before you spend one cent on anything else Workout every day and cut carbs Reduce food costs my half Study a valuable job skill to double your income Does this help?

@vbrandi7928 Месяц назад

@@RetireandGoI guess your response makes it clear to me that the ? Is really when/how to determine when to quit and make the change. Do you suggest trying it out x 6 mos trial to determine if it’s everything you hoped?

@RetireandGo Месяц назад

@@vbrandi7928 travel? Start with 30 days :-) See if you are comfortable in the country

@tarlkoroban3733 Месяц назад

I don't recall seeing you go to The Phillipines. Is this not on your radar?

@RetireandGo Месяц назад

I was there last year Please check out the videos I made many videos from different cities and islands Really nice trip !

@nunuvyurbiz123 Месяц назад

I hope you're considering Roth conversions while your taxes are so low.

@RetireandGo Месяц назад

Very good point I retired early so I don’t use many traditional retirement avenues like this Just standard dividend account First $40,000 I make in qualifying dividends is tax free No need for a 401, or 501 ( I don’t even make that much haha ) But, for sure use these ! You know your situation best !

@nunuvyurbiz123 Месяц назад

@@RetireandGo Just to be clear for folks who may not know, Roth conversions aren't about making contributions today. Rather, it's about converting pre-tax contributions made in the past (to a 401K or IRA), to Roth 401K or IRA now. You pay taxes on the conversion (as ordinary income) but by making the change you shield future growth from any income taxes (because it's now Roth).

@user-do6uy5jb6n Месяц назад

Food in the US is a lot more than $600❤😂

@gakenh01 Месяц назад

I spend about $300 to $400 a month, but I don't eat out or order out. I cook everything.

@RetireandGo Месяц назад

Truth !

@RetireandGo Месяц назад

This is smart You are doing great I loved cooking I miss it

@pingngui8713 Месяц назад

Hi. Christopher. Always look forward to your vlog ... Very inspiration But would you mind to share which platform you bought your stock?.. I m interested to get into stock but not sure which platform to start with.. too many out there

@RetireandGo Месяц назад

If you are setting up a new account the online brokerages are very helpful On the phone they take you through it step by step Which ones are you thinking about ?

@pingngui8713 Месяц назад

Interactive brokers.. have you heard of?

@RetireandGo Месяц назад

@@pingngui8713 hmm the name is familiar

@neritzayelena Месяц назад

Can you comment and teach us how is possible how you can pay almost no taxes ??? Please and thank you. 🙌🙏👍😎🇵🇦

@RetireandGo Месяц назад

Focus on tax free income As an American I can make $40,000 a year in qualifying dividend income federally tax free Also you can earn US treasury bill income tax free If you have rental income … keep it below the standard deduction of $14,000 a year Does this help ?

@neritzayelena Месяц назад

Brilliant 🤩🤗😇🙌🙏👍🇵🇦🇺🇸🌎✅

@neritzayelena Месяц назад

Thank you 👍😎🇵🇦🌎

@4flyguyeli Месяц назад

What would the amount of yearly income in the USA have to be to make it worth your while? $100,000, $125,000 $150,000?

@RetireandGo Месяц назад

If an overseas job in a war zone opened for 250k I might go hot again for two years Otherwise , I’m good I’m investing, growing my retirement, traveling , enjoying life

@4flyguyeli Месяц назад

@@RetireandGo sounds to me like you’ve checked out of “the system“ and truly, no amount of money could entice you back into it. That’s how I feel at present. I keep asking myself, how much can a prospective employer buy me off for working for them eight hours a day, a 10 hour investment with commuting and getting ready for work…? My answer keeps coming up, nothing, I’m going to Bali. I refuse to have half of my income stolen through taxes to be just thrown out of the window in front of my face each month. One of the strangest feelings in my life is being 50 years old and feeling like a foreigner in my own country.

@RetireandGo Месяц назад

@@4flyguyeli you and I think alike !

@4flyguyeli Месяц назад

@@RetireandGo what is your investment RU-vid channel called please?

@RetireandGo Месяц назад

@@4flyguyeli I do videos each month on here talking about how I invest. No advice, just my moves

@absolutrudy Месяц назад

For health insurance what r u using safety wing?

@RetireandGo Месяц назад

I have a travel insurance plan $100 a month It’s not bad There are many good companies

@kimourchi7382 Месяц назад

Hmmm 50% tax for $70k income? Where do you get that number from?

@RetireandGo Месяц назад

One word Hawaii Utilities and service fees on top of highest state taxes Half is generous

@maidenfanusa Месяц назад

How old were you when you retired? Just curious, not asking for any specific reason.

@RetireandGo Месяц назад

No problem I was 52 Three decades of working investing divorce jobs failures victories behind me :-) I’m 54 now Second year of full time travel retired early I broke free from the matrix.

@RetireandTraveltheWorld Месяц назад

Hello! I have a question. Do you ever get lonely travelling around on your own?

@RetireandGo Месяц назад

Great question I have a few videos on this Traveling Solo I have another I’m working on Remember I worked and raised a family for over 3 decades haha I’m kind of ready for some me time :-)

@georgettenorth2776 Месяц назад

Your list didn't include medical expenses, dental, eye glasses, surprise expenses, et

@RetireandGo Месяц назад

Good point I am working on these with my 30 day cost of living videos I’m making 12 a year Thank you for reminding me

@cathyanderton1583 Месяц назад

But he showed he spends $2k a month and only $800 on food and rent, guess they are the sorts of things the other $1200 is going on... Unless it's on partying 🎉 😂 !

@RetireandGo Месяц назад

@@cathyanderton1583 you bring up a really good point Airfare and buying more dividend stocks every month take care of any remaining money You are right though… sometimes my month is solidly under $1000!

@MM-sy6yp День назад

What about female company?

@RetireandGo День назад

I’m enjoying my solo time right now I needed it :-)

@mikegolding6476 Месяц назад

you probably already mentioned this in a previous video. Is all of your income from a brokerage account?

@RetireandGo Месяц назад

Great question Dividends, one rental , business investment Those three Almost all income is set up to be tax free

@bens007 Месяц назад

I'm curious to know how much did you invest into dividend stocks in order to make $2,000/month?

@RetireandGo Месяц назад

Great question Use percentage of interest earned You can look into this and it’s important If you invested $100,000 and received and annual return of 4%…5%, etc etc This is a good exercise to do

@bens007 Месяц назад

Excellent advice! I need manage to get half a million dollars and invest all of it in the stock market in order to live in Bali for $2,000 a month. It would take me 25 years with the income I'm making here in Virginia. I'll be long gone by then. Anyhows, best of luck to you and hope we don't see a market crash soon lol

@RetireandGo Месяц назад

@@bens007 I understand Americans working in the Middle East are making 100k tax free and no expenses All provided So 5 years ! Also living in a 2 bedroom 2 bath and renting one out equals zero costs. Investing $25,000 a year in 8 years with growth you are good to go

@lizcarlyle2477 Месяц назад

Hi, lived in Hawaii & wish i could return. Food is so $. Great healthcare in Hawaii, drs, dentists, best in US without the high cost! Please list your healthcare ins if u feel like it. Enjoy Bali! Great u have a home in Hawaii & your still healthy!

@RetireandGo Месяц назад

Yes I agree Hawaii is wonderful, just pricey They need to get the homeless issue fixed as well I will take each decade and the assess the Hawaii situation

@lizcarlyle2477 Месяц назад

@@RetireandGo Southeast Asia can't be beat for people, prices & culture! Love Bali, no place on the planet like it! Living culture!

@RetireandGo Месяц назад

@@lizcarlyle2477 I agree with you :-)

@lostboi3974 Месяц назад

So Im wondering 🤔 Is this lifestyle and budget obtainable with an initial deposit of 650k ? And separate emergency reserve of 100k ? 🧠

@budawang77 Месяц назад

Sounds about right. 4% ROI is the benchmark. That would give you $26K per year.

@RetireandGo Месяц назад

Oh my goodness I would say so That’s a nice sum In dividend stocks … like a sweet return and good emergency fund

@RetireandGo Месяц назад

Nice!

@bakbak35 Месяц назад

How much do you need to invest to get a reasonable return on your investment

@budawang77 Месяц назад

Isn't the rule of thumb 4%?

@RetireandGo Месяц назад

Great question For me I live under $2000 a month So $24,000 a year returns on my investments is my target Never touching the principle

@jacktripper9096 Месяц назад

You still pay Hawaii state tax or you change home your home state?

@RetireandGo Месяц назад

Oh yes for sure but my income is mostly from tax free investments Don’t get me wrong , Hawaii always finds a way to get you haha

@susangarrard2753 Месяц назад

I’m at the airport taking my first trip to Tulum, where I’ll stay for a month, then work my way across Mexico, then to visit Family in HNL then to SE Asia. I was feeling a bit anxious for a moment, and then I remembered your videos and those of other kind RU-vidrs who made this way of life doable. Thanks for sharing your experience.

@bureaucrazy1234 Месяц назад

You may have embellished your income tax burden a bit; hard to believe its "50%" of your gross income. A $70k job only puts you in the max 22% bracket, which with the standard deduction and laddered taxes typically means an effective 16% federal income tax rate. Couple that with the max 11% HI state income tax, that's at MOST a 27% total income taxes. You may want to recheck your 2023 tax return. Also remember that you as a savvy guy, are living off NOW on investments (stocks/bonds) which requires I assume a mid six figure portfolio to start--a luxury that most people who contemplate retiring in the low cost third world WONT have. Maybe I missed something?

@RetireandGo Месяц назад

Hawaii is so expensive, it’s on top of federal tax Hawaii also has “fees” added to every utility and purchase Basically another tax Insane haha But rather way it’s behind me now , I’m done paying all that just to have it wasted :-)

@bureaucrazy1234 Месяц назад

@@RetireandGo I understand and thanks. And I read your response below where you state you make $2k a month now. That infers (assuming your div yield is 4% as an average) you have an rough approx. half million dollar portfolio working for you. Am I in the ballpark?

@marcuscicero538 Месяц назад

You forgot 7.65% for Social Security and Medicare tax if he was working.

@bjlfbs8506 Месяц назад

No way that you are paying 50% tax on 70k in earnings. I can't take this video seriously now.

@RetireandGo Месяц назад

Oh my in Hawaii … easily State and federal All the Hawaii utilities fees Service fees Easy 50 percent :-) Don’t move to Hawaii Move to Texas

@Oh-Holy-Hell Месяц назад

@RetireandGo State income tax has nothing to do with your utilities. Use candles. Walk more. Ride a bike. Cook by camp fire. Utilities are usage based. Also, why CHOOSE to live in such an expensive state on a comparatively meager salary?

@RetireandGo Месяц назад

@@Oh-Holy-Hell uh … I choose not to live there … hence the channel you are watching right now …

@seculartalk9567 21 день назад

Same in uk mate

@dmg0678 Месяц назад

Yea but your overall value by selling your USA property was definately not worth it. Rent it. You'll never own again in the US with these current costs Plus you've cut yourself off the USA medical system. Your achieving greatness till you get real sick God forbid! Headed there at 48 with all the$ in tact but I would never ever ever give up my coverage in the states!

@RetireandGo Месяц назад

I agree That’s what I did If I was not clear, sorry I had two condos Sold one ( I was living in) Continued to Rent out the other I’ll try to be more clear on this , thank you for the feedback

@duncanmorton2056 Месяц назад

You contradict urself , you say u have to pay rent , then 5 minutes later you say you rent out your house Can you explain please

@marcuscicero538 Месяц назад

He didn't contradict himself. He would pay rent or mortgage if living in the US. He doesn't live in the US, so he rents out the house.

@duncanmorton2056 Месяц назад

@@marcuscicero538that doesn’t make sense He included his rental costs in his budget but have his own house , so why does he have to pay rent

@RetireandGo Месяц назад

I don’t pay rent I live in Southeast Asia and pay for $15 hotel rooms :-) Sorry if you were confused My housing costs are under $500 a month now Food as well Insanely logical to get out of the west now !

@RetireandGo Месяц назад

Truth Income producing assets Dividend stocks, rentals, treasury bills , bonds This is the way

@RetireandGo Месяц назад

I said in Hawaii it was $2600 not Asia Does this help clear this up? :-)

@Oh-Holy-Hell Месяц назад

Had to stop at 3:35. Your math isn't mathing. State and Federal taxes combined is not 50% of 70k. It's nowhere near 50 which means you either have never paid taxes or are very ill informed. It's criminal for you to be giving anyone financial or life advice. Scary. Don't listen to this guy.

@RetireandGo Месяц назад

Hawaii , that’s the issue Taxes, fees, etc etc Take income and divide by 2 Then start figuring your finances That’s Hawaii

@Oh-Holy-Hell Месяц назад

@@RetireandGo Hawaii is a state. It has a star and everything. 70k Gross Salary, Single Person • Federal Income Tax: 22% of 70k = $15,400 • Hawaii State Income Tax: 8.5% of 70k = $5,950 Math that Maths • After-Tax Income: $70,000 - $15,400 (fed) - $5,950 (state) = $48,650 • Monthly After-Tax Income: $48,650/12 = $4054/month 💡Suggestion Itemize your Hawaii Monthly Expenses: Rent, car (note, insurance, gas, tolls), utilities (electric, gas, water, garbage), groceries, entertainment, memberships and subscriptions, etc... Mathgical Now you can *accurately* calculate your for 💩s and giggles money (what you have left to save or spend on whatever suits your fancy) • Monthly Discretionary Income: $4054 - $(HI Monthly Expenses) • You can use the same logic to calculate 💰 in Bali. • Compare HI to Bali - accurate now given you're using the same mathogic. I think what you're doing is great BUT, the math needs work. Soon to be retirees not only lend on you for inspiration. We want to live our best life too and for many that starts with, "Can I afford to?" Make the math math. Good luck to you and thanks for sharing your journey!