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Old 15-09-2014, 08:07 PM
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This is a brilliant idea indeed. You don't need millions to retire. Just need a fully paid HDB flat, some stocks to give you dividends and CPF. In fact if you can rent out your flat at $3k pm, you can retire in Thailand now. With just $2k pm, you can retire comfortably in Chiang Mai. Just google or type in "retire in Chiang Mai" and you can get lots of info.
Yes, you can retire in Chiang Mai but you won't! 99.9% won't! To live in a foreign country with totally different culture and surrounding will be very sad at old age. All retirement plans must be geared towards retiring in your home country.
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