Just out of college in 1982, I moved to the Philippines for a job and stayed 7 years. I would definitely go back but I'm settled here in a US beach town, retired, married and comfortable.
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
`This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
Thanks for the share! copied and pasted full name on my browser, effortlessly found her site, very professional. I got some feedback hope to speak on the phone soon.
I heard places like the Philippines, Thailand, and even some spots in the Caribbean are affordable and still have great quality of life. But how do you make sure your savings can stretch long enough to actually enjoy it?
Exactly! Moving somewhere tropical sounds like a dream, but making sure you have enough money to last is key. Have you thought about how to manage your portfolio or investments so you don’t run out of money once you’re there?
That’s where I’m stuck. I’ve saved a decent amount, but I’m not sure if I should keep investing or pull back now that I’m closer to retirement. I don’t want to take big risks, but I also don’t want my money to just sit there
You could talk to a financial planner. I know someone-Nora Jean Erickson, she’s a Certified Financial Planner (CFP)-who helped my cousin. He was in a similar situation, trying to figure out how to make his money last in retirement.
Yeah, that’s smart. A lot of people think about retirement as just saving up a big lump sum, but it’s really about managing it over time. If you’re planning to live abroad, there are even more things to consider like healthcare, exchange rates, and taxes
I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am 60 years old, recently retired, and have approximately over a million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Financial -advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
I really don't like making such recommendations, because everyone's situation is unique. But there are plenty of independent financial advisors you could check out. I've been working with “Colleen Janie Towe” for about four years and she's very, very good. If she meets your discretion, then you could go ahead with her. Most likely, her deets can be found on the net, so you can confirm yourself.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@Elliot-Ivan The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $86k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@@tatianastarcic I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
Firms can be unscrupulous as they prioritise their own commission over your profitability. On the other hand, I prefer working with individual investors like Margaret Johnson Arndt, who only take a share from your profits, not your initial capital. I must say, my experience with her has been exceptional thus far.
@@tatianastarcic Thanks, I just googled Margaret and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Living in the Caribbean is awesome , it’s a very chilled atmosphere but many people don’t realize you have to deal with Catastrophes like Hurricanes, I’m originally from the Caribbean Saint Thomas United States Virgin Islands it’s like Puerto Rico it’s a US territory. It you can handle the hurricanes you’ll be alright. I live in the states now but seeing this makes me home 😷 sick. Great videos.
@@daniellecarrington5865 Sure they do, but when infrastructure takes a big hit, you can be without basic amenities like water and power for weeks, if not longer. We went 28 days in the Philippines without water and power after Typhoon Haiyan (Yolanda) in 2013.
I grew up in St. Thomas. I just got back from there. I thought I could retire back home. No way way too expensive for anyone on Social Security unfortunately
I'm surprised that nowhere in the PI (Philippine Islands) landed in your top 10. PI Cons 1) It's far from the US but no further than Thailand, Vietnam, Indonesia. 2) PI Pros 1) English spoken widely 2) Friendly people 3) Somewhat westernized - Drive on right side, music/movies 4) Big enough to explore for decades and still see new islands, beaches, towns, etc. 5) Dollar goes very far there. 6) Great natural beauty
I tell you what, move to Madagascar and live like king on $2,000 USD per month. $1 USD goes incredibly far there and it’s so beautiful, especially on the north coast in Nosy Be
My goal is to retire in Antarctica. Not too many people, housings cheap, no congested traffic, the air is pure and clean, and you don't have to worry about your neighbors playing loud music all night. My apartment will cost me ZERO dollars per month. There is no reason not to go!
Love these suggestions. But as many have pointed out, you never discuss medical services. If people are retiring as expats, they will need medical services.
I don't know what the healthcare is like for expats in Bali. Or Mexico. Probably, on some smaller islands, referral to specialists might be more complicated. How many TBI rehab specialists are on an island with 56,000 people?
Vancouver Island is or was the 22nd most expensive place to live globally Im old & poor but am happy to know about these places. Having a criminal record makes getting a passport to leave Canada impossible for me.
I have lived in Palawan since 2016. $500 a month is enough to live on any island here. This is available to anyone with a USA passport.. When looking abroad it is best to consider a few things not mentioned in most videos...is English is widely spoken? , is transportation efficient ,in budget and reliable? What are the visa requirements both to enter and to stay over a long period?
Problem with mauritius is all the big all inclusive resorts. Spent a month there. You wouldn't see tourists till about 22:00 at night. The locals were pretty cool though.
The one issue with Thailand is you need a retirement visa. That means you have to have at least $24,000, in a Thai bank every time you renew your visa.
A item of concern with regard to retirement in Greece. Unless you are from a Schengen country you are limited to 90 days of very 180 days within the Schengen area unless you are able to get a visa that allows you an exception to this rule.
😏....other things to consider: Health care, language barriers, hurricanes/cyclones, tsunami, visits from people who you hardly had any contact with before who think they have a free place for bed and meals while on vacation.....otherwise, why not? 😊
I've lived in many areas of Puerto Rico for the last 5 years. It is definitely not cheap to live here unless you dont mind living in either very remote areas or trashy areas. If you dont have VA healthcare, I wouldn't even think of living here. The doctors and nurses are so underpaid, most leave to work in US. I had a dental implant. The whole process took over a year.
Inflation has a greater impact on people's cost of living than a crashing stock or housing market, resulting in an immediate and tangible effect. This explains the current high level of negative market sentiment, and our need for assistance in surviving this challenging economy. The financial markets have underperformed due to fears of inflation, causing stock and bond prices to plummet. Despite sounding basic, consulting a financial advisor has enabled me to outperform the market and achieve a profit of $850,000 since June 2022, making it the ideal approach to enter the financial markets today.
Since the onset of the COVID-19 pandemic, constructing a solid financial portfolio has become increasingly intricate. Therefore, I strongly advise anyone facing difficulties to consider seeking professional assistance. By doing so, you can access tailored strategies that specifically cater to your individual long-term goals and financial aspirations.
May I know the name of the financial advisor who has been helping you with your investments? If you're comfortable sharing, could you also guide me on how to contact them?
The financial advisor I work with is *STEPHANIE KOPP MEEKS* . I discovered her during a CNBC interview and contacted her thereafter. She has been guiding me by providing entry and exit points for the specific securities I focus on. If you're interested, you can search for her online to learn more about her expertise. I have been following her market strategies and have had no regrets thus far.
After conducting an online search, I came across *STEPHANIE KOPP MEEKS* and thoroughly examined her credentials. It appears that she possesses considerable expertise in the field. Consequently, I reached out to her, providing a comprehensive description of my financial market objectives.
It's very difficult if you live in another country & you were getting help here in the U.S. like medicare & the extra help program with your Dr's bills, prescription drugs, hospital bills & dental care you may not get that same help in other countries. Some of those countries don't have the prescriptions either & if they do then you won't get them for free you'll have to pay full price so before you consider moving there I'd check that out first I do know for a fact that drug companies like Abbvie will not help you with the low cost program if you move to another country you'll have to pay full price for it whatever the cost is over there. Better check it out first or you'll end up stuck!!! Yes the cost of living may be cheaper but if you have to pay more money for your health care & prescription drugs then you have to ask yourself if it really is worth living there?
So can anyone just move to VietNam and retire? My research shows that VN DOES NOT HAVE ANY RETIREMANT VISA OPTIONS< ONLY 30 DAY TOURIST VISAS So it may be cheap but 30 days at a time is not retirement is it??????????????
Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment,.
Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas;
@@marinascholz9963 No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Claire Martha Magalhaes to create a long-term investment strategy, and she assisted me in managing my investments while I focused on my job without any concerns
@@MariaGarcia-gv8hj Thank you for your advice. It's challenging to find a reliable investment advisor, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
@@marinascholz9963 I work with *CLAIRE MARTHA MAGALHAES* ,who is based in the United States. If you would like more information about her, you can conduct a search online.
Working with a skilled financial planner can be compared to having a mentor in the field of finance. I used to struggle to invest on my own and ended up losing money, but things changed once I started working with Claire Martha Magalhaes. She played a pivotal role in helping me improve my financial situation. Previously, I relied solely on my job and salary for income, but now I have found ways to generate additional income with ease, which has allowed me to leave traditional employment. Nowadays, I believe that investing is not a choice, but a necessity for anyone who desires financial independence and a good quality of life.
Sounds to good to be true and lots to think about if you can relocate and manage your money and health care and not worry about stormy weather and the dangers of the surrounding areas and crime and locals who take advantage of the elderly look good on paper and looks like a nice place we are talking a lot of time and money to see if it's really possible and going to work this mite be a short term adventure their are always risks involved in anything your trying to do and you don't want to be dealing with Narcissism and Narcissistic Abuse Manipulation Mind Games and tactics used by Narcissists because that's what's going on in the United States of America right now. Thanks, GOD-BLESS.
Nice list but more research needs done on the ground to get accurate prices. Medical is a big consideration. Also, hurricanes and long-term visas. Vagabond Buddha does a much better job and is more accurate because he has boots on the ground. He doesn't put in the medical costs either though. You kind of have to do that research on your own because it's so individual. There are some good rundowns of medical costs for individual countries by individual UA-camrs.
You don't want to retire to the Dominican Republic anywhere else but in Las Terrenas. Too much crime, too unsafe anywhere else. As for Bali, it dioes get boring after a while. Thailand, Crete or Malta are much nicer alternatives, especially if you prefer swimming in calm seas to surfing.
Why is it assumed that everyone wants to sit on a beach an do nothing for 25 years. Have the writers actually lived in these places and not just reviewed stats ? Didn’t think so.
Excuse me, but I don,t think Canggu is a retirement place. Canggu is the base for many young people mainly doing start up, and surfing. There are plenty of beach clubs too in Canggu than in Ubud. And as far as I knew, Canggu is cheaper than Ubud, except for the beach club. Canggu is more of the hype place now for the Youth. Ubud is more of Traditional Balinese Culturic centre and very turistic. But where in Bali is not turistic!!
I was born in Manila. I was glad to leave that place. Too crowded, too noisy, too hot, the horrible traffic jams, not to mention the crime and corruption. When people find out I'm from the U.S., they try to take advantage. As soon as you land at NAIA, they try to steal from your luggage. Now that Duterte is no longer president, the scammers have returned to the airport. No, thank you.
Wat a happy live white riceater fake smile faces totalie sick Idee find out prices higher then Europe and only play friendly al a lie iam there and I find out the are big rassist tri it to stay there 1 jear I don’t like Asians f them to hell
Guam didn't make the cut and not because it's not beautiful... the COL is much higher here, like Hawaii! But then, the Philippines wasn't mentioned either! 🌴😎
I was just on Koh Samui for 2 months ...... absolutely not as affordable as the trad Thailand costs... the restuarants there were ridiculously expensive for what they were.. .same with alcohol .... same prices as canada or worse. There are so many American and Canadians there that moved there and start fitness wellness places and just charging same as they would if they were in North America... there are some food spots that are cheap but you really have to search. I didn't get into rent as I was staying at resorts there .. and if they see you and you're not Thai you will get ripped off 1000% for a taxi ... rates just increased in 2023. Their groceries are the same as canada too, or worse for basic Fruits? which makes no sense to me. Also they started now charging ELECTRICITY separately for Air BnB Rentals ...
wait a minute you just say in yoru video 10 tropical islands to live under $2000 a month what part of $2300 to $3500 is under $2000 a month explain to me how that is under the amount per month that is for i know that is over $2000 a month not under so i hae to ask are you lying or what.
Puerto Rico and dominican república. Did not recommend. I live in both. They beautiful island but food , Gas to expensive. Internet in Dominican Republic. Sucks. And electricity go off for hours. Health system horrible. That’s why people get trapped. Because this videos always shine the bride side. I learned. I still wanted to moved from USA. But I keept looking
This list is kust ridiculous. There are a lot betwwer Islands to retiire or live in. Some of these Islands have so much limitation in services, medical care, etc. Is not only about the blue sea or the beaches, there much more than that that would impact negatively the quality of living, such as weather conditions, being far from hospital with intensive care, good that would need to be imported with high duty taxes. No way living in this places.
This list is garbage.!! Almost All of the countries listed do not allow foreign nationals to purchase property and stay there Year Round. You must leave and then file another Visa request to return for another few months.!!!! This is just pathetic click bait.
Would you ever move to another country?
Did it!! THE PHILIPPINES FOR NOW , OTHER COUNTRIES LATER!!! REAL TALK&NUFF SAID!! ALL BE BLESSED, SAFE, HEALTHY, HAPPY, PROSPEROUS AND GREAT
@@GarrettSAlston 🙂
*OF COURSE!*
@tropicXplorerCambodia over the Philippines?
Just out of college in 1982, I moved to the Philippines for a job and stayed 7 years.
I would definitely go back but I'm settled here in a US beach town, retired, married and comfortable.
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
`This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Her name is REBECCA NOBLETT ROBERTS. I can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thanks for the share! copied and pasted full name on my browser, effortlessly found her site, very professional. I got some feedback hope to speak on the phone soon.
I heard places like the Philippines, Thailand, and even some spots in the Caribbean are affordable and still have great quality of life. But how do you make sure your savings can stretch long enough to actually enjoy it?
Exactly! Moving somewhere tropical sounds like a dream, but making sure you have enough money to last is key. Have you thought about how to manage your portfolio or investments so you don’t run out of money once you’re there?
That’s where I’m stuck. I’ve saved a decent amount, but I’m not sure if I should keep investing or pull back now that I’m closer to retirement. I don’t want to take big risks, but I also don’t want my money to just sit there
You could talk to a financial planner. I know someone-Nora Jean Erickson, she’s a Certified Financial Planner (CFP)-who helped my cousin. He was in a similar situation, trying to figure out how to make his money last in retirement.
She gave him a clear plan that balanced his investments with his need for income
Yeah, that’s smart. A lot of people think about retirement as just saving up a big lump sum, but it’s really about managing it over time. If you’re planning to live abroad, there are even more things to consider like healthcare, exchange rates, and taxes
I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am 60 years old, recently retired, and have approximately over a million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Financial -advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
This is exactly how i wish to get my finances coordinated ahead of retirement. Can you recommend the financial advisor you used to get ahead?
I really don't like making such recommendations, because everyone's situation is unique. But there are plenty of independent financial advisors you could check out. I've been working with “Colleen Janie Towe” for about four years and she's very, very good. If she meets your discretion, then you could go ahead with her. Most likely, her deets can be found on the net, so you can confirm yourself.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@FernandoBowen-78 My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@Elliot-Ivan The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $86k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@@tatianastarcic I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
Firms can be unscrupulous as they prioritise their own commission over your profitability. On the other hand, I prefer working with individual investors like Margaret Johnson Arndt, who only take a share from your profits, not your initial capital. I must say, my experience with her has been exceptional thus far.
@@tatianastarcic Thanks, I just googled Margaret and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Retirement concerns: 5- weather/possible natural hazards, 4- access to technology, 3- local economy/cost of living, 2- crime/safety, 1 access to medical/dental care.
Living in the Caribbean is awesome , it’s a very chilled atmosphere but many people don’t realize you have to deal with Catastrophes like Hurricanes, I’m originally from the Caribbean Saint Thomas United States Virgin Islands it’s like Puerto Rico it’s a US territory. It you can handle the hurricanes you’ll be alright. I live in the states now but seeing this makes me home 😷 sick. Great videos.
Sooooo they don’t have a place
To wait that out?
@@daniellecarrington5865 Sure they do, but when infrastructure takes a big hit, you can be without basic amenities like water and power for weeks, if not longer. We went 28 days in the Philippines without water and power after Typhoon Haiyan (Yolanda) in 2013.
I grew up in St. Thomas. I just got back from there. I thought I could retire back home. No way way too expensive for anyone on Social Security unfortunately
You hardly mention medical services, which is a big concern to anyone who movies to a foreign nation.
agreed. its really a huge concern that people aren’t gonna put off when moving there
🎯
The video is titled "cheapest" not "best health care".
Gotta be better then Canadian medical...
Medical services should be a bigger concern if you retire usa
I'm surprised that nowhere in the PI (Philippine Islands) landed in your top 10.
PI Cons
1) It's far from the US but no further than Thailand, Vietnam, Indonesia.
2)
PI Pros
1) English spoken widely
2) Friendly people
3) Somewhat westernized - Drive on right side, music/movies
4) Big enough to explore for decades and still see new islands, beaches, towns, etc.
5) Dollar goes very far there.
6) Great natural beauty
Philippines for sure
I tell you what, move to Madagascar and live like king on $2,000 USD per month. $1 USD goes incredibly far there and it’s so beautiful, especially on the north coast in Nosy Be
Underrated country!
It safe 🤔
No way if you're white you're treated like an outsider. I'd have no desire in going there.
@@Freedom384, I doubt it.
I’d love to visit there at least❣️
My goal is to retire in Antarctica. Not too many people, housings cheap, no congested traffic, the air is pure and clean, and you don't have to worry about your neighbors playing loud music all night. My apartment will cost me ZERO dollars per month. There is no reason not to go!
Where ya gonna charge up that electric snowmobile? 🤣
Moving to Bali in a few months to retire with $5k a month in passive income, looking forward to retirement before 40 with my teenage son.
Wow congrats! Thats literally my dream! Can you tell me how you got your passive income?
Me too! But I’m moving to Belize. 43 years old. Done! Have exactly $4500/month every month paid to me until I die.
@@christianmathison1182Belize it’s expensive
@@christianmathison1182enjoy dude, living the dream
How did your move go? I hope everything worked out for you. Do you have a blog?
Awesome information. Would like to know about medical costs, transportation, etc. and pictures of rentals would be super helpful. ❤
great video
Retire in the Philippines
$1,500/mo = comfortable living
$3,000/mo = living like a King
Love these suggestions. But as many have pointed out, you never discuss medical services. If people are retiring as expats, they will need medical services.
Most non US countries have universal healthcare. Dr. Glaukomflekin has some you tubes about paying for doctor's visits in other countries.
I don't know what the healthcare is like for expats in Bali. Or Mexico. Probably, on some smaller islands, referral to specialists might be more complicated. How many TBI rehab specialists are on an island with 56,000 people?
Health care in most of Europe is free (Malta for example)
Whatever the healthcare services are in other countries, it can't be worse than here in the good 'ol USA.
Vancouver Island is or was the 22nd most expensive place to live globally
Im old & poor but am happy to know about these places.
Having a criminal record makes getting a passport to leave Canada impossible for me.
I have lived in Palawan since 2016. $500 a month is enough to live on any island here. This is available to anyone with a USA passport.. When looking abroad it is best to consider a few things not mentioned in most videos...is English is widely spoken? , is transportation efficient ,in budget and reliable? What are the visa requirements both to enter and to stay over a long period?
As soon as more expats arrive after they hear about the place you can forget about the $500/month.
As ive grown up in mauritius island..with 2000 usd you can live for at least 3 months..😅 great place to retire
Is it safe over there
@@YezzuhZuh it all dépends on the area..but overall i would say yes..
Problem with mauritius is all the big all inclusive resorts.
Spent a month there. You wouldn't see tourists till about 22:00 at night. The locals were pretty cool though.
The one issue with Thailand is you need a retirement visa. That means you have to have at least $24,000, in a Thai bank every time you renew your visa.
You need more than that amount of money to retire so it shouldn't be a problem for someone who wants to get retired.
Can you obtain the essential residential permits ? otherwise forget it. .
A item of concern with regard to retirement in Greece. Unless you are from a Schengen country you are limited to 90 days of very 180 days within the Schengen area unless you are able to get a visa that allows you an exception to this rule.
Buy a house and take advantage of the golden visa program.
😏....other things to consider: Health care, language barriers, hurricanes/cyclones, tsunami, visits from people who you hardly had any contact with before who think they have a free place for bed and meals while on vacation.....otherwise, why not? 😊
You missed the Philippines. It has over 7,300 islands and it is VERY affordable to live there.
are you there now?
I've lived in many areas of Puerto Rico for the last 5 years. It is definitely not cheap to live here unless you dont mind living in either very remote areas or trashy areas.
If you dont have VA healthcare, I wouldn't even think of living here. The doctors and nurses are so underpaid, most leave to work in US. I had a dental implant. The whole process took over a year.
Just turned 40. My wife and I are currently doing what we need in order to retire to Greece after our youngest graduates HS in about 15 years.
awesome information
Amazing vedio
Crazy how you use a picture of st.lucia to lure everyone in but spoke nothing of it
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Yeah whose money are you using to put prform
It's depend on your life styles , of you live like local in Bali it's only 150 USD a month for your meal 200 /250 USD a month to rent a a good room ..
The only way I can afford to see sandy beeches in my retirement years is to share the rent with the lady next door… Sandi Bechez.
I love all the unknown island off countries
I will choose to come here this summer
2000$ per month its a lot in a country wheres theres no job that pay enough
Agree
I think thats why they want you to have a good pension
@@daniellecarrington5865 im not that old its for old people 9nly?
@@push137yes, the topic header of this video is for "retiring" as in when you're able to retire from your career.
Cost-effective, but consider healthcare, safety, and amenities. Research and visit before deciding.
What do Americans do for medication in these places ? For example , can a disabled veteran get meds from the VA in the mail ?
Thats a good question, I assume so but not 100% sure
On the list, we're talking Puerto Rico! But hey, there's a VA in Manila (not mentioned). Good luck, and thanks for your service!
Philippines has a va
Veteran's Affairs. Hospitals, etc.
It's very difficult if you live in another country & you were getting help here in the U.S. like medicare & the extra help program with your Dr's bills, prescription drugs, hospital bills & dental care you may not get that same help in other countries. Some of those countries don't have the prescriptions either & if they do then you won't get them for free you'll have to pay full price so before you consider moving there I'd check that out first I do know for a fact that drug companies like Abbvie will not help you with the low cost program if you move to another country you'll have to pay full price for it whatever the cost is over there. Better check it out first or you'll end up stuck!!! Yes the cost of living may be cheaper but if you have to pay more money for your health care & prescription drugs then you have to ask yourself if it really is worth living there?
Hello there , but you did not talk about the Visa and Residency conditions on these ils lands .
Why do you have a picture of St. Lucia in the thumbnail?
Man you people are good
So can anyone just move to VietNam and retire? My research shows that VN DOES NOT HAVE ANY RETIREMANT VISA OPTIONS< ONLY 30 DAY TOURIST VISAS
So it may be cheap but 30 days at a time is not retirement is it??????????????
You are right
these guys post look here and there at how cheap these places are but never mention long stay visas
Cayes in Belize are pronounced Keys.
puerto rico ain’t cheap for expats ✌️
Koh Samui is a very expensive destination…nice to visit but living there according to these figures….not really.
Dang, that was one high on the list. Where did you see the most of your expenses going??
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Sounds to good to be true and lots to think about if you can relocate and manage your money and health care and not worry about stormy weather and the dangers of the surrounding areas and crime and locals who take advantage of the elderly look good on paper and looks like a nice place we are talking a lot of time and money to see if it's really possible and going to work this mite be a short term adventure their are always risks involved in anything your trying to do and you don't want to be dealing with Narcissism and Narcissistic Abuse Manipulation Mind Games and tactics used by Narcissists because that's what's going on in the United States of America right now. Thanks, GOD-BLESS.
Do you even know what narcissism means and who is the narcissist?
Yeah sounds nice but there's always a catch.
Nice list but more research needs done on the ground to get accurate prices. Medical is a big consideration. Also, hurricanes and long-term visas. Vagabond Buddha does a much better job and is more accurate because he has boots on the ground. He doesn't put in the medical costs either though. You kind of have to do that research on your own because it's so individual. There are some good rundowns of medical costs for individual countries by individual UA-camrs.
You don't want to retire to the Dominican Republic anywhere else but in Las Terrenas. Too much crime, too unsafe anywhere else.
As for Bali, it dioes get boring after a while. Thailand, Crete or Malta are much nicer alternatives, especially if you prefer swimming in calm seas to surfing.
Did you live in the DR?
Not current now the crime rate in DR is brutal now it’s a level 2 exercise extreme caution
I'd rather cruise the globe on a performance sailing catamaran and visit all of these places.
Retiring abroad: because the only thing better than a golden sunset is knowing you earned it with a life well-lived.😁
Why is it assumed that everyone wants to sit on a beach an do nothing for 25 years. Have the writers actually lived in these places and not just reviewed stats ? Didn’t think so.
My neighbor is from the Dominican Republic, apparently he didn’t think it was so nice ?
Been there was it's not affordable at all
Why do I get this by YT when searching for Madagascar?!?
Excuse me, but I don,t think Canggu is a retirement place. Canggu is the base for many young people mainly doing start up, and surfing. There are plenty of beach clubs too in Canggu than in Ubud. And as far as I knew, Canggu is cheaper than Ubud, except for the beach club. Canggu is more of the hype place now for the Youth. Ubud is more of Traditional Balinese Culturic centre and very turistic. But where in Bali is not turistic!!
Hpw come you never talk about Guam or Manila!
I was born in Manila. I was glad to leave that place. Too crowded, too noisy, too hot, the horrible traffic jams, not to mention the crime and corruption. When people find out I'm from the U.S., they try to take advantage. As soon as you land at NAIA, they try to steal from your luggage. Now that Duterte is no longer president, the scammers have returned to the airport. No, thank you.
Many of these places are cheap for a reason.
I'd love to live on a tropical island, the thing is that I love to ride motorcycles. I need room for that.
I'm sure theres some that fit that criteria!
Go to Bali or the Philippines. Just buy one when you get there
Crete isn’t tropical at all…it has 4 seasons.
😂😂🌞🌩🌞🌧🌞🌊
Try the Philippines and live a happy life!
Wat a happy live white riceater fake smile faces totalie sick Idee find out prices higher then Europe and only play friendly al a lie iam there and I find out the are big rassist tri it to stay there 1 jear I don’t like Asians f them to hell
No thanks they have kidnappings there!!!
Depends on where you live here!! Trust me!! I'm here now, boots on the ground or ship in the harbor( Prior Navy 1st and then Army)
@@GarrettSAlston Of course, foreign nationals should make a good research where to live.
Please don't! We don't need anymore expats. It drives the price$$$$ of everything go up!
Wait a minute..I read under 2,000 a month yet the very first island says 2500 to 3500 per month..bye bye
Guam didn't make the cut and not because it's not beautiful... the COL is much higher here, like Hawaii! But then, the Philippines wasn't mentioned either! 🌴😎
Where do I go as a single person, kids, not ready to retire?
Sorry, I think u go to work
Video minute 9:04 - 9:11 is Not Belize!
I was just on Koh Samui for 2 months ...... absolutely not as affordable as the trad Thailand costs... the restuarants there were ridiculously expensive for what they were.. .same with alcohol .... same prices as canada or worse. There are so many American and Canadians there that moved there and start fitness wellness places and just charging same as they would if they were in North America... there are some food spots that are cheap but you really have to search. I didn't get into rent as I was staying at resorts there .. and if they see you and you're not Thai you will get ripped off 1000% for a taxi ... rates just increased in 2023. Their groceries are the same as canada too, or worse for basic Fruits? which makes no sense to me. Also they started now charging ELECTRICITY separately for Air BnB Rentals ...
2000dolars is cheap?
My pension is 300euro
2000/month if you have a job that pays that there too…
""retire" is the key word..
$2300 a month for middle upper to upper classn. Bullshit! I lived in Samui 2005 to 20010. And that wasn't happening.
Sorry, $1300.
wait a minute you just say in yoru video 10 tropical islands to live under $2000 a month what part of $2300 to $3500 is under $2000 a month explain to me how that is under the amount per month that is for i know that is over $2000 a month not under so i hae to ask are you lying or what.
Puerto Rico and dominican república. Did not recommend. I live in both. They beautiful island but food , Gas to expensive. Internet in Dominican Republic. Sucks. And electricity go off for hours. Health system horrible. That’s why people get trapped. Because this videos always shine the bride side. I learned. I still wanted to moved from USA. But I keept looking
The DR was great 20 years ago. I lived there for 10 years. But these days I would not even consider vacationing there.
So you recommend not to retire in the DR full time? 🤔
my dad has a friend that lives there and he's struggling hard in his 70s as I understand it
This video has irritating background noise. Cant watch it.
This list is kust ridiculous. There are a lot betwwer Islands to retiire or live in. Some of these Islands have so much limitation in services, medical care, etc. Is not only about the blue sea or the beaches, there much more than that that would impact negatively the quality of living, such as weather conditions, being far from hospital with intensive care, good that would need to be imported with high duty taxes. No way living in this places.
Puerto Rico is super expensive 1,700 my ass and dorado is for millionaires
Wat a Nonsens all the tropical island more expansiv then Europe
Too many inaccuracies
👁️👁️
NOT Puerto Rico!
🇩🇴🇩🇴🇩🇴🇩🇴🇩🇴
Florida😂
This list is garbage.!! Almost All of the countries listed do not allow foreign nationals to purchase property and stay there Year Round. You must leave and then file another Visa request to return for another few months.!!!! This is just pathetic click bait.
good idea, they will all sink by next year.
*ISLAND OF WOMEN, MEXICO 🇲🇽🍑🍑🍑🍑🍑🍑🍑🌭*
your def not retiring in PR in $2k a month.
Exactly