How much are you earning per annum?

h t t p : / / i n t e r n a t i o n a l l i v i n g . c o m /2014/01/the-best-places-to-retire-2014/


open your mind, the world is your oyster.

don't listen to foolish and naive people who said you need to save $3m then can retire.

if you need $3m to retire, then 99% of singaporeans will never retire, you work until you die.

People like you are very dense, cannot read and cannot understand simple English. He didn't say you need $3m to retire. He said you need to know what lifestyle you wish to live in retirement and prepare accordingly.

He said he needed $3m to retire because he wanted a certain lifestyle in retirement which may include traveling regularly, having a car, attending live concerts and musicals, having a maid and continue staying in his present home. I am sure for him, with $3m in retirement (not including his home) he could always visit Thailand as well, anytime.

And it may surprise you, for people like him having $3m savings (again not including his home) is very achievable before 60 or even earlier.

Again, you keep saying retire in Thailand and copying useless sites here, but you will find that it is not that simple. Please go and find out about the paper work required to retire in Thailand.

Originally Posted by Unregistered

h t t p : / / i n t e r n a t i o n a l l i v i n g . c o m /2014/01/the-best-places-to-retire-2014/


open your mind, the world is your oyster.

don't listen to foolish and naive people who said you need to save $3m then can retire.

if you need $3m to retire, then 99% of singaporeans will never retire, you work until you die.

Do not confuse between people who are rich enough to have a second home in Thailand and those who really uprooted and retire in Thailand.

The guy who said he needed $3m for his retirement could easily afford a second (holiday) home in Thailand while still having his home here. People like this are the ones who will boast about living Thailand but in actuality they are enjoying the best of both worlds(Thailand for the cheap food and the exotic life, and singapore for higher standard of living).

So far, I have not heard from the people who really uprooted and retire in Thailand. Anyone care to share?

Originally Posted by Unregistered

People are already doing this, some in their 40s and 50s. Only ignorant people work until they die.

This forum is amusing and enlightening at the same time. The more successful ones will brag about their $400k pa annual income while those earning $60k pa also share their own experiences. One thing is obvious, everyone has different plans for their retirement. The paranoid ones insist needing millions of dollars to retire while the more enterprising and
"outside the box" thinkers are looking at enjoying their twilight years in foreign lands.

Whatever their plans, they are all going to be ok. Humans are very resourceful. They make the best of what they have. Just be contented that you are Singaporeans where everyone has a chance to do well if they put in the effort. If you were born in Africa, your life will be very different. Appreciate our government and our excellent system.

I don't think the person who wanted $3m for his retirement is paranoid. Usually people who say this are quite there already. It is false modesty. It is like the rich telling everyone money cannot buy happiness. While it may be true for them because they already bought all that they can desire, any extra money for the lower income can bring much joy and cheer to the whole family.

On the other hand, it is the really ignorant who are not aware of the danger of not planning and taking steps to ensure they have enough for their retirement. Are people really that resourceful when it comes to sustaining their retirement? Is our gahmen wrong then to insist on ever increasing the minimum sum?

At the end of the day, I wouldn't waste any energy to worry about the rich. They are more than capable of taking care of themselves. Neither should we waste time on the stubbornly ignorant. It is the low income who are unable to save for their retirement even as they are keenly aware of their predicament.

Originally Posted by Unregistered

This forum is amusing and enlightening at the same time. The more successful ones will brag about their $400k pa annual income while those earning $60k pa also share their own experiences. One thing is obvious, everyone has different plans for their retirement. The paranoid ones insist needing millions of dollars to retire while the more enterprising and
"outside the box" thinkers are looking at enjoying their twilight years in foreign lands.

Whatever their plans, they are all going to be ok. Humans are very resourceful. They make the best of what they have. Just be contented that you are Singaporeans where everyone has a chance to do well if they put in the effort. If you were born in Africa, your life will be very different. Appreciate our government and our excellent system.

45, 43, 150k combined annual income.
Live in a suburban condo, fully paid up.
Net worth 1.5m combined.
We won't be able to save 3m cash to retire.
We will likely donwgrade to a 3 room HDB flat when we retire.
We will adjust our spendings down by not owning a car nor hire a maid.
We will also buy cheap groceries and cook our own simple meals.

Originally Posted by Unregistered

45, 43, 150k combined annual income.
Live in a suburban condo, fully paid up.
Net worth 1.5m combined.
We won't be able to save 3m cash to retire.
We will likely donwgrade to a 3 room HDB flat when we retire.
We will adjust our spendings down by not owning a car nor hire a maid.
We will also buy cheap groceries and cook our own simple meals.

Dude it's getting tiresome, enough already

Originally Posted by Unregistered

Do not confuse between people who are rich enough to have a second home in Thailand and those who really uprooted and retire in Thailand.

The guy who said he needed $3m for his retirement could easily afford a second (holiday) home in Thailand while still having his home here. People like this are the ones who will boast about living Thailand but in actuality they are enjoying the best of both worlds(Thailand for the cheap food and the exotic life, and singapore for higher standard of living).

So far, I have not heard from the people who really uprooted and retire in Thailand. Anyone care to share?

I have, friend's uncle. Sold his 3 room hdb and moved to Thailand. Don't have detail as not close.

Originally Posted by Unregistered

I have, friend's uncle. Sold his 3 room hdb and moved to Thailand. Don't have detail as not close.

Easy to do that when you are single. In fact, it will be heaven over there for your uncle!

Originally Posted by Unregistered

I have, friend's uncle. Sold his 3 room hdb and moved to Thailand. Don't have detail as not close.

See, real life evidence. You don't need 3m cash to retire. Even with your HDB flat asset, you can retire in Thailand. You must thank HDB for selling to you cheap BTO flats. You are lucky indeed.