Great video! Thanks for sharing your story. It’s always great to hear it. Both of you are so down to earth and really good people. Only a year and a half, and you are home free! Being a fellow Virginian, I am rooting for you.all the way. Best of luck to both of you. 😊
@jerryandnelmainthephilippi33405 ай бұрын
Hopefully everything goes well. I’m really the jerk and she’s nice. Thanks for watching 😊.
@joeblow39395 ай бұрын
Living here in Delaware, I sure wish I was in the Philippines. Now in my mid 60'S and waiting on an investment to mature.
@jerryandnelmainthephilippi33405 ай бұрын
Hope everything works well. If you come here I can buy you a coffee. Thanks for watching.
@marriedtoafilipinachannel5 ай бұрын
Loved that you csme with a great plan even though Jerry got ill. It worked out!!! Awesome!!
@jerryandnelmainthephilippi33405 ай бұрын
Thank you ❤️
@jspice-kl2wc5 ай бұрын
Great video, thank you.
@jerryandnelmainthephilippi33405 ай бұрын
Thank you ❤️
@TheBinko15 ай бұрын
Great Video 👍 honest budget breakdown and wish you guys all the best.🙏 Unfortunately health is a big issue and it can kill your budget real quick if you don't have it. This video just reinforces for everyone savings is not enough and don't move to the Philippines unless you have a steady income each month.
@jerryandnelmainthephilippi33405 ай бұрын
Yup that’s why you should have a back up plan. Thanks for watching 😊
@grumpyolddude4395 ай бұрын
Stroke in the US would cost 25x that 5k USD, plus. Nic e job capsulizing 3 tears of expenses. Strikes me then, my soc sec of 2300/m, should be ample outside of medical emergencies.
@jerryandnelmainthephilippi33405 ай бұрын
If you’re healthy you could have a better life in here with your pension. Just make sure you have backup plan. Thanks for watching 😊.
@steveramirezsr53425 ай бұрын
Hello Jerry and Nelma, very good video. I think you guys have been doing good with what you have. Spend wisely not foolish and it will last. Steve
@jerryandnelmainthephilippi33405 ай бұрын
Thank you brother but I’m cheap also that’s why we’re still in the track😂.
@mojolivinginthephilippines35035 ай бұрын
Good luck hope you keep healthy and I’m sure you will reach your goal God Bless
@jerryandnelmainthephilippi33405 ай бұрын
Thank you brother ❤️
@PinayMixedvlog5 ай бұрын
Great video❤. New subscriber here.
@jerryandnelmainthephilippi33405 ай бұрын
Thank you so much ❤️
@crewfamilyphilippines5 ай бұрын
Good Information ❤
@jerryandnelmainthephilippi33405 ай бұрын
Thanks Brother ❤️
@dmg83045 ай бұрын
got to have a cat keep the critters away😂😂😂
@jerryandnelmainthephilippi33405 ай бұрын
Yes we have 6 cats and more strays that come to our house to eat. Thanks for watching.
@winpowell10245 ай бұрын
A very homey, comfortable story. Hang tough, Jerry, you have a precious wife and you can make it to 401k time. Blessings. I have begun the process of selling my house to move to Dumaguete. 😊 Win
@jerryandnelmainthephilippi33405 ай бұрын
I hope everything works well with your plan. Message me when you come here. I buy you a coffee. Thanks for watching.
@willieshoemaker86805 ай бұрын
Hey guys thanks for the video and sharing the honest budget. Yeah, I don't get it either why it's such a secret with some people to say exactly how much have for a budget or have spent, it's not like we're going to come and steal it, plus it gives people a real idea of what it takes to live there on a strict budget. Are you able to apply for SSDI because of your stoke? I'm sure you already thought of that. We are pretty lucky I got my SSDI, and small pension while still in the USA at age 56 now turning 59 next month. Take care Willie & Bernadette Bacolod City
@jerryandnelmainthephilippi33405 ай бұрын
I know right. I have a friend that got a stroke and went back to US and tried to apply SSDI but they said they still need to verify it for a year so he just came back here. For me I dont try it because I dont want to go back to US just to apply for it. Just trying to be healtjy here until I get my 401k. Good for you that you got yours. Thanks for watching.
@willieshoemaker86805 ай бұрын
@@jerryandnelmainthephilippi3340 Oh yeah one thing I found out about my Roth IRA I could start withdrawing with out “early withdraw penalty” because I have a disability, I think the 401 has the same clause. Might be worth checking out if you run low on cash.. But then now that the market has roared back would be wise to leave it there if you can and try to catch it on the peek of this swing before a correction… TC Willie & Bernadette Bacolod City
@davidthacker32135 ай бұрын
May the good lord bless you guys and your family always! Great video take care
@jerryandnelmainthephilippi33405 ай бұрын
God bless you. Thank you❤️
@happenings40585 ай бұрын
Slowly coming together. But it's all working out. Keep following the plan. Good Luck
@jerryandnelmainthephilippi33405 ай бұрын
We’re trying to stick in a plan. Thanks for watching.
@giacomoliga5 ай бұрын
glad you guys are doing good god bless you both to a long and healthy life
@jerryandnelmainthephilippi33405 ай бұрын
God bless you and a long and healthy life❤️
@bigmikessenioradventures5 ай бұрын
If you get a good Philipina shecan help you save a lot. Key is GOOD.
@jerryandnelmainthephilippi33405 ай бұрын
Yes I’m glad I found one. Thanks for watching.
@ericeengel24465 ай бұрын
Love you guys your on the budget and you have each other back.
@jerryandnelmainthephilippi33405 ай бұрын
Yes we’re working together. Thanks for watching.
@markwakefield85635 ай бұрын
Loved the video, I’m planning on doing the same as you did. Moving over before the Roth/401k. I’m glad to see it’s possible
@jerryandnelmainthephilippi33405 ай бұрын
It is because we did it. I hope goes well to you also. If you come here I can buy you a coffee.
@jerryandnelmainthephilippi33405 ай бұрын
It is possible because we did it. Goodluck for your plan. Message me when you come here so that I can buy you a coffee. Thanks for watching.
@CaptainDave055 ай бұрын
You don't always have to wait for 59.5 to access 401K money. There is a 'rule of 55' which says you can access your 401K penalty free if you leave your job for any reason (quitting, fired, laid off, etc) in the year you turn 55 or older. This only applies to 401Ks, not IRAs, if I remember correctly. So if you find yourself 55 years old and can't stand your job or you get laid off you don't have to scrimp and save until 59.5 if you have trouble finding another job.
@jerryandnelmainthephilippi33405 ай бұрын
Yes we talked about the rule 55 but we’re trying to budget the money that we have so that I can get my 401k when i turn 59.5. But if we have emergency we can get some money without penalty. Thanks for watching.
@Doug-zl8nb5 ай бұрын
Great video you both... When is Jerry gonna find me a nice girl?How come he's so lucky😊
@jerryandnelmainthephilippi33405 ай бұрын
Yes Im very lucky. You should come and find one😂. Thanks for watching😊.
@stevesilver74375 ай бұрын
Is Jerry 57 or 58 years old? He made a wise decision.
@jerryandnelmainthephilippi33405 ай бұрын
He’s 58 now
@davidhankins57085 ай бұрын
VERY IMPORTANT!! Hi guys! Jerry, at 59 1/2, you can draw out your 401k. If it's conventional, you still pay taxes, but you have to do that anyway. Your standard deduction is a little over 25,000 dollars, so as long as you dont withdraw more than that, you will get all taxes paid back when you file taxes. If your 401k is a Roth, then you already paid taxes and can withdraw taxfree. It sounds like you're 61 now, so you can withdraw your 401k money without penalty. Please check it out. Take care. And Jerry, i haven't seen one of your videos in a while. You are sounding and doing great! Much better!
@jerryandnelmainthephilippi33405 ай бұрын
No my 401k is not a ROTH. Just standard 401k so I will pay tax when I get the money. I’m 58 so we need to wait another year and a half to get it. Thanks for watching.
@davidhankins57085 ай бұрын
@@jerryandnelmainthephilippi3340 oh. Ok. I thought you said in the video 1 and a half years to make your savings last. Thought you turned 62 then. Sorry!
@BeerBikes5 ай бұрын
more "money matters" topic, enjoying the finance side of your guys' videos. so crazy 100K in 3 years gone like that, time and money flies so fast. gonna look forward to Jerry's how to withdrawal on his 401K, on what age, 59 1/2? good luck and stay frugal. Peace!
@jerryandnelmainthephilippi33405 ай бұрын
Yes I will get it in 1 and a half year so we’re trying to stay on the budget. Thanks for watching.
@walkerskii5 ай бұрын
Great video! You are the two of the nicest people who have a youtube channel!! How tall are you? Of your life
@jerryandnelmainthephilippi33405 ай бұрын
Thanks for watching. My wife is great but I’m kind of a jerk. I’m 6’2 and she’s 4’9 but 5feet with high heels😂.
@Tarzan7965 ай бұрын
Thumbs 👍 up 🔝
@jerryandnelmainthephilippi33405 ай бұрын
Thank you ❤️
@user-lm7vn9bw5x4 ай бұрын
Hello maam good morning
@steveng87274 ай бұрын
I may have missed a previous video - since our senior MediCare is no good there what do you do for health insurance?
@jerryandnelmainthephilippi33404 ай бұрын
We have philhealth and blue cross
@danielhackney78065 ай бұрын
So you will have 401K, but what about SS? How many years until SS payments kick in?
@jerryandnelmainthephilippi33405 ай бұрын
I will get my 401k when I’m 59.5 years old and 2.5 years after for my ssa. Thanks for watching.
@zibomacadangdang1085 ай бұрын
I'm also planning to settle in Philippines bec housing is no longer affordable in the US. For now, I'm building up cash flow by buying stocks that pay dividends. I put $10k in one stock and it pays about $400 a month. Overall, I think I'm getting about $1400 in dividends with various stocks. When i get it at $2k a month, i plan to move over to Philippines so it serves as a mini pension until social security kicks in in another 5 years. I had my 401k converted to an IRA and managed by professional financial advisors. I'm hoping and expecting they make me a free million bucks. When or if they do, even if they make half, I'll take that and invest in rental properties and more equities and leave the rest with the FA to quadruple perpetually. The budget and expense videos help me in planning ahead. Based on what I'm getting from equities passively, i think if you have $40k-$60k, that can just about make $2k a month which maybe enough to retire in Philippines or other countries with lower costs. Just saying.
@jerryandnelmainthephilippi33405 ай бұрын
It’s a great plan brother. I hope everything works well for you. I hope you get your million bucks. Shoot me a message when you come here. I’ll buy you a coffee. Thanks for watching.
@steveng87274 ай бұрын
You mean your $10,000 stock pays you $400 yearly Not monthly, (4% dividend for example)
@retiredcryptohunter90315 ай бұрын
I heard you mention in a previous video that Jerry was in the military for a few years. Has Jerry looked into filing a VA claim to see if he service connected issues that would entitle him to VA compensation pay? I am retired military and I have my VA disability rating and it helps out with living here in the Philippines. I'm in Bacolod so i'm on the same island as you guys now and I was previously living up in Vigan. I'm from Virginia so when I heard y'all mention that you're also from Virginia I started following your channel more. great update video btw and I look forward to watching more.
@jerryandnelmainthephilippi33405 ай бұрын
I’m in the Navy for only 5 years so I dont think I’m eligible for any VA benefits. My wife lives in Kabankalan City before that’s why we choose to live here in Dumaguete. Thanks for watching 😊.
@retiredcryptohunter90315 ай бұрын
@@jerryandnelmainthephilippi3340 what job did you do while you were in the Navy?
@davidhankins57085 ай бұрын
As long as you were honorably discharged you are eligible. You just have to have a service connected disability hearing is a big one. Then contact your VA center. They have people there t9 help you navigate and they will even d9 the application for you. Any injuries sustained while on active duty and were documented in your medical records.
@retiredcryptohunter90315 ай бұрын
@@davidhankins5708 it’s easier if you file it yourself here in the Philippines. I did my own claim from start to finish here and that’s why I’m asking Jerry these questions. Hopefully he has something in his record or work history that will help him get service connected with something that’ll help get him in. I’m 100% P&T and had to figure out how to do the whole process on my own but luckily there is an awesome KZfaqr called CombatCraig who puts together the best videos for navigating the VA claim process and I was able to file my claim online out here in the Philippines.
@jerryandnelmainthephilippi33405 ай бұрын
I was AE5 in Lakehurst NJ
@goku55245 ай бұрын
Great video, you're rich with that budget.. any kids in school? sana all.
@jerryandnelmainthephilippi33405 ай бұрын
Yes our daughter is in grade six and she’s graduating this week. We’re not rich though.😂 Thanks for watching.
@danitzm5 ай бұрын
Jerry, it’s no longer obvious that you had a stroke (though you might feel differently inside). Great recap of your history. $60,000 for 18 months that sounds OK. That’s over 3000 a month.
@jerryandnelmainthephilippi33405 ай бұрын
Yes when I got the stroke I can only say one word “ HELLO “. Maybe it’s a little better but Im still struggling. We’re hoping no emergency will come along. Thanks for watching 😊.
@flinx6495 ай бұрын
Good video...interesting... I think my wife and I will make it fine.
@jerryandnelmainthephilippi33405 ай бұрын
Yes you will be fine here. Thanks for watching.
@Troyge5 ай бұрын
Nice couple
@jerryandnelmainthephilippi33405 ай бұрын
My wife is great, i’m kind a as#@&. Love you❤️
@frankmazzie48555 ай бұрын
Your wife become a U.S.CITIZEN
@jerryandnelmainthephilippi33405 ай бұрын
My wife and daughter are US citizens (both dual). Thanks for watching ❤️
@Davirdcarrol5 ай бұрын
I love your Vedios it looks like you do take good care of your husband just a little heads up I know flipinas woman love cook fry food cau u say u can't wait for your dirty kitchen but please for your husband health maybe u can do fry foods twice a month for him if you have a oven just bake and make sure he healthy that's way you can enjoy your husband for a longer time am 53 i start eating healthy now and then i do fast food or fry food and you guys should exercise the key to a happy life style is a happy wife and I can see you as a wife is happy so something jerry is doing right can I ask what dateing site your hubby meet you on cau a lot i go on most of flipinas tell me they love me and they have not even meet me yet and lots aak for money so i hardly go on dateing app any more to much scammers as always great Vedios
@jerryandnelmainthephilippi33405 ай бұрын
Good for you for being healthy brother. I have lost 80 pounds since we moved here but i know i need to lose more. My wife wants to cook filipino food because that’s what she wants and I eat what i want. I was very lucky that I found my wife because I know many scammers out there. I think God connect us together because now we’re happy together. I hope you can find yours too. Thanks for watching😊.
@user-sh8nz5sm5j4 ай бұрын
Hello, Did I hear you say Virac? Is that Virac Catanduanes??
@jerryandnelmainthephilippi33404 ай бұрын
No, never been to that place and we live in Dumaguete.
@Jimmypo60475 ай бұрын
Glad you both are doing good. My question is how much total money you have in 401k and how much do you withdraw every month
@jerryandnelmainthephilippi33405 ай бұрын
Few hundred grand and maybe we can get between 3k-5k a month. Thanks for watching 😊.
@stevenjacques62085 ай бұрын
Good video!
@jerryandnelmainthephilippi33405 ай бұрын
Thank you Brother ❤️
@marcrichard72515 ай бұрын
Yeah I want to buy a car when I move to Dumaguete….
@jerryandnelmainthephilippi33405 ай бұрын
Are you buying a new or used car? Be careful when buying a second hand car and good luck on your move. Thanks for watching.
@DANDJREACT5 ай бұрын
So if you are single with no health issues or debt cut this in half basically
@jerryandnelmainthephilippi33405 ай бұрын
Maybe a little more then 50/50, close 😜. Thank you for support.
@DANDJREACT5 ай бұрын
@@jerryandnelmainthephilippi3340 your channel is awesome! Keep it up!👍
@DANDJREACT5 ай бұрын
Thank you ❤️😊🙏
@blackgrandpa76525 ай бұрын
Which city or province are you in shout out from Brampton Ontario Canada 🇨🇦
@jerryandnelmainthephilippi33405 ай бұрын
We’re in Dumaguete Negros Oriental and I have 2 buddies here from Canada. Thanks for watching.
@stanleyboothe48935 ай бұрын
Watching now from SE Virginia! what part of Virginia did you live? my wife is from Bacolod.
@jerryandnelmainthephilippi33405 ай бұрын
Were from Woodbridge. My wife is from Kabankalan city. Thanks for watching.
@Cool_Breeze_Rockies5 ай бұрын
Don't blow through your 401k money until you hit 62. When you start collecting SS you can spend like drunken sailors. No offense to drunken sailors. 🤣
@jerryandnelmainthephilippi33405 ай бұрын
Don’t worry brother I’m too cheap. Unless I’m getting a pool😂. Thanks for watching.
@Jonases_205 ай бұрын
new sub here
@jerryandnelmainthephilippi33405 ай бұрын
Thank you for watching but 80% of our videos are boring.😂
@jl909-nr5vx5 ай бұрын
A lot of pinay say it is a lot easier to marry a white foreigner and live a good (rich life compared to ordinary pinoy life) and live life in Phils instead of being OFW, especially the single moms so they can live in Phils with their kids and don't have to ever work again. Some pinay will admit that white foreigner = Filipino lottery. lol Nelma, Did Jerry's sister say he should not marry you and that you just wanted him for the money and abetter life? That's awesome that Jerry was able to retire and quit his job at 54 years old and never work again.
@jerryandnelmainthephilippi33405 ай бұрын
For your information I told Jerry to let me work for another 2 years contract because my boss wants me to continue working for them and it’s Jerry’s decision to get married soon that’s why he flew to Philippines after I finished my contract! And for your information her sister loves me. They knew that their brother is not perfect and I’m a good person and their brother is blessed to have me because they knew that I love him and not because of green card! So before you judge me make sure you’re perfect😂! -NELMA
@jl909-nr5vx5 ай бұрын
Oh wow so much anger. :( For your information, as I said, pinay just have told me white foreigner is lottery ticket...they said that not me. For your information I am 100% sure you were glad to not work for another 2 years...if you worked for another 2 years you would not be able to be with your daughter for those 2 years. Why blame Jerry for every thing. lol You know the value of a foreigner...even if you pretend not too. lol And, that life is much easier once pinay have a foreigner. I guess you don't like what most pinay say. Pinoy anger is real! lol I am sure you are more happy having a foreigner instead of being ofw . That I am 100% sure of. lol Too bad you can't admit that "NELMA"! :) Green card does not matter any where as much as green cash does! :) @@jerryandnelmainthephilippi3340
@jerryandnelmainthephilippi33405 ай бұрын
Of course we try to have easy life here. We need each other and it works well for us. Thanks for watching.
@jl909-nr5vx5 ай бұрын
Most pinay prefer to marry a foreigner than have to spend years being OFW and being away from their kids. Much easier life to marry a white foreigner.@@jerryandnelmainthephilippi3340