🇵🇭 Why you need $3000 Month Minimum to Retire in the Philippines

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Жыл бұрын

This link has the information discussed in the above video:
vagabondbuddha.com/why-you-ne...
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Пікірлер: 1 000

@VagabondAwake Жыл бұрын

This link has the information discussed in the above video: vagabondbuddha.com/why-you-need-3000-usd-per-month-minimum-to-retire-in-the-philippines/ 𝗗𝗮𝗻’𝘀 𝗙𝗥𝗘𝗘 𝗘-𝗕𝗢𝗢𝗞→ 𝗙𝗶𝗿𝗲 𝗬𝗼𝘂𝗿 𝗕𝗼𝘀𝘀 𝗧𝗿𝗮𝘃𝗲𝗹 𝗪𝗼𝗿𝗹𝗱 vagabondbuddha.com/fire-your-boss-travel-world/ 𝗗𝗮𝗻’𝘀 𝗥𝗲𝘁𝗶𝗿𝗲 𝗖𝗵𝗲𝗮𝗽 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗪𝗼𝗿𝗹𝗱𝘄𝗶𝗱𝗲☆★☆ vagabondbuddha.com/ 𝗗𝗮𝗻’𝘀 𝗛𝗼𝘄 𝘁𝗼 𝗠𝗮𝗸𝗲 $$$ 𝗢𝗻𝗹𝗶𝗻𝗲 𝘄𝗶𝘁𝗵 𝗬𝗼𝘂𝗿 𝗛𝗼𝗯𝗯𝘆 𝗖𝗼𝘂𝗿𝘀e vagabondbuddha.com/courses/the-hobby-income-course/ What kinds of risks are you taking if you move overseas? vagabondbuddha.com/our-liability-disclaimer-the-risk-is-on-you/

@keepcreationprocess Жыл бұрын

where have you been the 15 years ? how long in Vietnam _ where do you live the last 2 years ?This is not Vietnam - those pictures video -- I knew you from your Vietnam videos.

@snapdragon9300 Жыл бұрын

If you're used to living in a first world economy, and I do in Nz, I'd expect efficient reliable electricity and clean water supply, close to shopping malls, modern housing, reliable, modern and frequent public transportation and good emergency services and Healthcare that is affordable. That's the minimum that is the standard here.I do fine on $2000 Nz a month, mind you my rent is heavily subsidized at 30% of my income, which is uncommon. I'd expect a fully furnished home and not having to go out to do my laundry. I'd want high speed internet.

@barkeater9606 Жыл бұрын

My wife and I live on $1500 per month. We live in Cebu City. We go on 3 and 4 day trips every month. We have a nice apartment and cook our own meals. Once a week we go to IT Park and Ayala mail for dinner. We live a nice life.

@BearInThePhillipines Жыл бұрын

Thank you for your post. I'm coming was hoping to be ok with $2k anf this video title "YOU NEED 3K RETIRE IN PH " really bummed me out

@pathkris2984 Жыл бұрын

Would you share how much apartment rent is, including utilities? And how big is the apartment?

@barkeater9606 Жыл бұрын

@@pathkris2984 We have a one bedroom apartment and I pay $400 for everything. Rent, electricity, water, WIFI, gym, and pool. We could find a cheaper place but I wanted a gym and pool.

@pathkris2984 Жыл бұрын

@@barkeater9606 Great. Thank you so much.

@arnieljovero1008 Жыл бұрын

You are right. If you can live well with 1500 for two here then 3000 is much more fun.

@ph5915 Жыл бұрын

That's so true, in all of your videos in various countries, the general theme rings the same. The biggest differences (generally) are rent and local foods. But if you choose to live in an upscale, ex-pat, gated community with all the amenities, and shop at upscale ex-pat-catered supermarkets, probably not going to be all that cheap. While westerners are spoiled by modern conveniences, the trick is finding a balance that is more tilted toward living like a local. The closer to that you can be, the less expensive it will be.

@Western-3rdSt. Жыл бұрын

Bingo

@joylight9167 11 ай бұрын

WELL SAID! I WANT TO LIVE LIKE THE LOCALS...ISLAND HOPPING 'EVERY NOW AND THEN...😅

@kennywoodyard4819 10 ай бұрын

hahahahaha Feel free to find balance in a Rooster, Chicken, Pigs, Street Dogs Barking, Tricycle, Bicycle, Street noise, Barangay Music, BOOM BOOM playing, broke ass street people life.. Then will see how you will ask for Western Style in the PI.. IM truly baffled by the BS KZfaqrs post here for likes and thumbs up. Live like a King.... hahahaha weve been living her for 7 years, havent seen any Kings yet.... SMH

@Koya_Sipanlog_Express Жыл бұрын

I can live comfortably for $350/month in Dumaguete. I have my own home. The $350 will be for food, utilities, and gas.

@dragonfly5895 Жыл бұрын

Is your own home a condo or house? Do you know the average price for a home currently?

@Koya_Sipanlog_Express Жыл бұрын

@@dragonfly5895 My house is a tiny 65 sq.m box type house near Valencia, which I built in 1990 and spent PhP100K. I plan to build a second floor when I retire in a few years. I'll build it myself. It sits in a 1500 sq. meter lot where I plan to build A-frame nipa huts to be turned into AirBnBs. It should cost me around PhP 120K ($2K) each. Work with a local carpenter/mason or "panday" if you want to go cheap and you know basic carpentry/masonry. If you dont want to pay rent, i suggest you lease a small land and build yourself a nice little airconditoned nipa hut for less than 5K. It can be done. You'll be happy seeing your retirement dollar savings go up each month :) Sunshine Shoulders had a contractor build his house for US20K. If I build it myself, I can probably build that same house for $10K having eliminated labor and contractor costs.

@VagabondAwake Жыл бұрын

What would it cost to rent your home if you didn't own it?

@Koya_Sipanlog_Express Жыл бұрын

@@VagabondAwake should be around $200/month considering its a bit out of the way.

@Anomalyy666 2 ай бұрын

Are you happy?

@Angelwinggsaustralianpinay Жыл бұрын

We are happy with our $500 a month and we own our home in the gated community in the City of Bacolod . 🇵🇭🇵🇭🇵🇭😍😍we are not retired we just living on our savings and investments abroad .🤩

@BearInThePhillipines Жыл бұрын

That's awesome. You inspire me. Do you have channel about PH life?

@VagabondAwake Жыл бұрын

Hi we are the BROWN'S in PH, Would you like to be a guest start on one of my videos? Here is an example guest star video: kzfaq.info/get/bejne/r7l9kpWbpqmYpmg.html Your interview could be just your voice or we could do a zoom call showing your face. If you would like to be a guest star and share your story please leave a personal message here: vagabondbuddha.com/contact/ Thank you for your comment. The detail of your comment makes this real for people. If you have a business, service, or KZfaq channel, you could share that on the interview. Best, Dan

@DHarri9977 Жыл бұрын

This is one of your most insightful vlogs to date, a person's budget and lifestyle are naturally subjective wherever you live. Being retired in such a beautiful place would invite a person to get the most out of what is already present including immersing one's self to appreciate learning new cultures and other specific things related to the local land and seascape of your new home. With so many open markets filled with all the vegetables and other foods a person with just a pan and a little bit of cooking knowledge could easily eat very well and still be able to treat him/herself a few times a week. Anyway, a good vlog, a very mindful and broad topic in terms of adapting from a lifestyle perspective.

@Marabella1 Жыл бұрын

Dan, Great video. Your are exactly right on your observations. Me and my Filipina partner shop at the open air markets, sometimes grocery stores and eat at home or mostly local restaurants. We drive a 2019 Navara (paid off) live in a gated secure 3 bed 2 bath house with Aircon and fully furnished for $300 a month, utilities around $100. My house note alone in U.S. was $1,400 add utilities average $400. None of these prices include high inflationary prices now. We live on around $1600 a month in the Philippines don't drink alcohol or smoke. Life is wonderful in the Philippines. God Bless & Take care.

@dougison Жыл бұрын

Where do you live there, wanting to relocate there as well. any info would be great.

@rabukan5842 Жыл бұрын

Very good analysis. I’ve been living in Asia for 15 years and the longer I live outside the US, the less money and fewer things I need to live on and with. I’ve become a minimalist in comparison to my family back home, and am much happier living with no debt and fewer material goods than I ever had as a western consumer with the mortgage, car loans, etc. But those who can’t change their mindsets will either fail miserably living abroad, or just continue to need to spend a lot, and it will go just as quickly.

@pathkris2984 Жыл бұрын

Well said

@frankmazzie4855 Жыл бұрын

So right.

@VagabondAwake Жыл бұрын

Would you like to share your story on my channel? vagabondbuddha.com/contact/

@SLOBeachboy Жыл бұрын

Well I’m happy that you are so happy with your new Thoreuesque lifestyle but what ever gave you the idea that you have to move to another country to learn to live within your means or to be more of a minimalist? Millions of Americans do it everyday right in their own country. And if they are financial savvy they know that buying car brand new is a bad investment and that sometimes renting a house or apartment can be smarter than buying. The fact of the matter is a person is either good at budgeting and financial planning or he is not and what country he is living in has little to no bearing on this. And if you are the kind of person who always lives beyond his means this can happen just as easily in the Philippines as in the USA. And actually I would argue that if you have a very low salary you need to be even better at budgeting while living in the USA than you would in the Philippines. The bottom line is if a person only has $1500 a month in retirement income he is going to have to figure out a way to live on this no matter what country he chooses to live in. Obviously of course this will be much easier to do in a poor country than in a rich country. Furthermore, since $1500 a month is well above the average monthly income for people in the Philippines you can feel like you are living a middle class life rather than feeling like you are living in abject poverty as you would be back in the USA. And lets face it, this psychological factor is a big part of why some people with a very small retirement income choose to retire in a poor country. They would rather be a big fish in a little financial pond, so to speak, than a tiny fish in a big pond. Nobody wants to feel like they are living in poverty. I currently live in Thailand myself but this is only because my retirement was far to small for me to live on the Southern California Coast where I am from. Of course I could probably live just as cheaply out in some small town in the Midwest but I am not willing to do that, so now I am here in Phuket instead.

@rabukan5842 Жыл бұрын

@@SLOBeachboy What are you even talking about? Who said you can't live a minimalist lifestyle anywhere in the world? You must like to hear yourself blabber away, but all I was saying was that compared to my own family back home, I now live like a minimalist and enjoy it. Why? Because I don't have the same pressures to keep up with consumerism like they do in my own country. Period. Where am I from? You don't even know; but, you just want to tell us all how you ran away to Thailand because you can't afford to live in California. And why is that? Markets? Out of control consumerism, where over 90% live in strangling debt? Do you even know that the debt to income ratio in the US is over 150%? So instead of living in debt in the US, you ran away to Thailand, because you want to... not live like Thoreau?... who you would have to live like in California?... How does that cancel out anything I wrote? I'm happy to hear how you are happy with your non-Thoreauesque lifestyle, but go troll someone else.

@LB-ty6ks Жыл бұрын

You are so right in your description of what you'll need to live in the Philippines. Who's the wealthiest, the one who is happy and content living the $1000. a month life or the one needing the $10,000. life? I think the real measure of wealth is your contentment.

@davehood1514 Жыл бұрын

Spot on 👏

@robocop581 Жыл бұрын

Let me know who will be content when they get sick and need to go to the hospital. A person that spends $10K a month can easily adjust their lifestyle while the person at $1K has no options when an emergency occurs

@markm4623 Жыл бұрын

I got sick with NO INSURANCE. I got dengue and was hospitalized for 3 days. The bull was only $800 for everything. Any way you slice it it’s way cheaper than the US 🤣 So I’m coming out ahead in PH if I get sick vs getting sick in the US 😏

@nedimyra Жыл бұрын

@@robocop581 It is actually possible to be wealthy, and living on a 1K budget. It may comes as a surprice, but a minimalist lifestyle over time may enable wealth to draw from in case of an emergency. And a "larger than life" expat who burn their hole budget every month may not have wealth at all. I'm living close to the Artic Circle, and half of the year, there is no sun here. I would give an arm or a leg to just see the sun and feel the heat in the winter. A minimalist 1k budget, no problem.. But even then, if I only spend 1K a month to see the sun, that does not mean I'm not wealthy..

@robocop581 Жыл бұрын

@@nedimyra You have too many assumptions to fit your argument. Try again. Case in point: I am a minimalist and a multi millionaire so there goes your logic

@Will67267 Жыл бұрын

My budget for 2 people is $2500. I think it’s the sweet spot. We made sure we got a very good health insurance.

@gailmaplesden7380 Жыл бұрын

There's a difference between existing and actually living. Most people living on social security alone without another source of income in the west are considered poor . In the philippines a person from the west can actually live well on their social security of 15 hundred or more a month and be able to save for emergencies.

@dannyv2468va2 Жыл бұрын

Retried to Cebu next month. My budget is $2000. I will live fine so it depends on how and what you want in your life!

@arnieljovero1008 Жыл бұрын

2k is more than enough to live well or in the Philippines.

@edmondpharez5028 Жыл бұрын

THANK YOU GUY'S I'M STILL DOING 510.00 USD A MONTH INCLUDING RENT AND UTILITIES FOR TWO OF US, SOMETIMES MAYBE $50.00 TO $100.00 EXTRA, BUT ONLY SOMETIMES.

@VagabondAwake Жыл бұрын

Hi EDMOND PHAREZ, Would you like to be a guest start on one of my videos? Here is an example guest star video: kzfaq.info/get/bejne/r7l9kpWbpqmYpmg.html Your interview could be just your voice or we could do a zoom call showing your face. If you would like to be a guest star and share your story please leave a personal message here: vagabondbuddha.com/contact/ Thank you for your comment. The detail of your comment makes this real for people. If you have a business, service, or KZfaq channel, you could share that on the interview. Best, Dan

@microtrader540 Жыл бұрын

Important video. Thanks so much.

@simcanta7385 Жыл бұрын

Just to give an idea of what is possible, I live with 1555€ per month in Vienna, Austria, working 3/7 days a week (my personal choice). I live more frugally then before, travel less, but still making an happy life. In general, my personal point is: adaptation is the key factor. So I underline the main point of this video: it is possible depending on how you want to live. The mindset is paramount

@moonriver7730 Жыл бұрын

ur right👍👍👍👍its all about our life style….

@moonriver7730 Жыл бұрын

@@joeawk yes ur right

@doctorinvizible2077 Жыл бұрын

Croatia for 1000 Eur and most beautiful woman in EU

@simcanta7385 Жыл бұрын

@@doctorinvizible2077 yes, but also drama queens ;-)

@doctorinvizible2077 Жыл бұрын

@@simcanta7385 What are you want for 1000 Eur Lol ...Philipino woman also become hard on brain ....westernised especial younger good looking ones ...for 1500 in my country you nice life only winter not god for me ...Croat woman intelligent but brainwashed ...but in terms of look much more pretty than philipina especially older Philipina

@ianlewis2813 Жыл бұрын

I live in Cebu city on 70k pesos ..(£1000).. Good Spanish style 2 bedroom apartment with a double large pools..security. gardeners maintenance crew.. 10 mins from the centre of town .. 2 of us ..non smoker /drinker ... this is all our bills ...rent , elec,water, food & visa ..trips out .. eat out 3 or 4 times a week local plus MacDonald breakfast & pizza etc.. shop in supermarkets once a week & local market once a week ...run a twist & go .. easy living

@VagabondAwake Жыл бұрын

Thank you for your cost of living numbers ian lewis! We are all different. Each individual must do an exploratory visit before they will know their own numbers. Have a great day! Dan Have you seen our KZfaq country playlists yet? kzfaq.infoplaylists

@billblunden1549 Жыл бұрын

Hey Dan, your observations are critical for expats that are considering to retire in the Philippines, what appears to be common sense to some, is not always sense to others, personal behaviour is paramount to outcome. I appreciate what you and Chiang explore and provide to likeminded people. Thank you both.

@roccohagedorn3110 Жыл бұрын

Thank you ! This was a great evaluation and a fantastic explanation of various spending brackets. It certainly gives me a better understanding of which category will fit me personally best. Nicely done and much appreciated.

@philippinesdreamorreality Жыл бұрын

There you go again, great videos. You broke it down almost perfectly.

@selbstsein967 Жыл бұрын

My onsite experience - country side - i lived with 600-750 Dollar per month with my Girlfriend together - rented bungalow for 200 Dollars - but no health insurance included in this = with 1000 Dollar you can live "normal, comfortable" in PH country side

@livingworkingoutsidebox Жыл бұрын

Like you mentioned it's more about mindset. Great way to put things into perspective. Thanks for sharing 👍

@jeffjordan3806 Жыл бұрын

Very good video! If there are people that think they need a minimum of $3,000USD per month to retire someplace, they shouldn't be watching your videos. Those types of people try to bring their old culture with them to their new place, rather than embrace and enjoy a new culture. This requires a lot of money. I could go to hundreds of places and enjoy myself on less than $800 per month. Your mindset will set you free.

@paulh7798 Жыл бұрын

Excellent video, great information. Thanks much 🙏🏻

@mikemcquinn6738 Жыл бұрын

Always enjoy!!! Thanks for the information!!!😊

@ragjamrock Жыл бұрын

Great video Dan. Many people don't realize that lifestyle choices go hand in hand with your budget. The scenery in this video was breathtaking!!👣🏝️

@firstuser4832 Жыл бұрын

Excellent analysis. I like the comparison & contrast between the various budgets. It does reflect your extensive experience and I recognize the depth of overseas living knowledge it would take to present this information. Kudos.

@jimmoran6684 Жыл бұрын

Good job Dan, and your backgrounds with Qiang and scenery are beautiful.

@garthrondeau8198 Жыл бұрын

Great video. Love the way you laid it all out for us. Well done

@hedge313 Жыл бұрын

Great insight as usual. I know I would initially cling to my current lifestyle, but I think I would move towards the $1500 lifestyle fairly quickly, once I got my feet on the ground. I would want to have at least that much in order to enjoy and get to splurge from time to time. You guys always look so happy!

@earlclep1 Жыл бұрын

A big part of the budget here in the PH is where you choose to live. In the big cities the cost can go almost anywhere you want it to go. In the smaller towns but big enough to have decent hospitals and supermarkets the cost comes way down. The farther away from downtown and the higher you go up the mountain the cheaper the rent or purchase unless it is very overlooking 😉. The best part of being high in the mountains is the free Aircon at 2300 ft elevation it's usually 16-17 c / 60 f at night

@BlackWomenExalted Жыл бұрын

Love your videos! I'm learning so much, thank you!

@jesslocsin3542 Жыл бұрын

Very intelligent analysis. You hit the nail on the head.

@Basta11 Жыл бұрын

$500 - simple life in the province $1000 - small city/town $1500 - medium 1st class size city $2000 - Cebu $2500 - Manila $3000 - Makati/BGC

@joylight9167 11 ай бұрын

I WOULD JUST LIKE TO LAY BACK, ENJOY THE BEACH, PEOPLE AND THE FOOD...

@arcuskhozar 11 ай бұрын

awesome summary Kuya! Thank you!

@E-stylz-1967 11 ай бұрын

No lies detected👍🏾😎👍🏾

@KevinVenturePhilippines 10 ай бұрын

1-4 could be easy on $600 if not an idiot and knows how to cook. 5-6, what idiot would move to paradise to live in a city??

@peepinR 9 ай бұрын

That sounds pretty accurate. I'm planning to go to bicol specifically Iriga to retire but also do remote work for extra cash. I'm hoping for the 1000 per month will suffice

@YuriUK Жыл бұрын

Me and my family living on 2100$ USD per month in Cebu but I know someone who is quite happy and living alone on 400$ It’s about your mind set and what’s comfortable for you. For example we love eating salmon, steak etc. when my friend is ok eating in local carenderia. To me I think it’s more about what kind of foods and drinks then what kind of house you rent because 3 bedroom with 2 bathroom in security gated subdivision with covered parking is still about 30% of what you spend on your foods, travel etc.

@wernerschneider4460 9 ай бұрын

I am eating around 40 pounds of fresh small banana from the roadside a month when I am there (it may be even more) plus often cooking-banana. Rice (often even only cooked without anything else), fresh fish (but nothing of the top-class-stuff, just what the fish-vendors offer 100 yards from us). Grilled chicken and cooking ourselves with lots of vegetables and quite rarely we eat something somewhere. But only cheap places where average Pinoys are eating and you hardly see foreigners.

@abidnessman Жыл бұрын

Good work. Helpful.

@iamjleeds2 8 күн бұрын

This is the most helpful intelligent and brief breakdown of expected expenses in the Philippines. Having been there several times now I will vouch for its accuracy.

@sdleasia Жыл бұрын

I have watched you and your travel partner's videos. I love how you two completely experience nearly everything the country has to offer. I hope to enjoy the Philippines in my own adventurous way when I get there.

@VagabondAwake Жыл бұрын

Thanks so much! 😊

@rudes440sb Жыл бұрын

My brother's been living in the PH since 2017 on $4,000 mo military pension. Next month I'll be in the PH on $2,500 mo state pension. Thanks for your personal estimates.

@carlschleicher5516 Жыл бұрын

Always good, thanks

@algure7394 Жыл бұрын

We’re returning back to PI after 35 years of working in the USA. I survived in Manila as student and as a government employee 45 years ago. It’s so easy. I know the places .

@paulwilson2968 Жыл бұрын

Spot on , I'm the 1000 month guy ,it comes easy to me, I live simply

@pokeamaniwillnotbereplaced Жыл бұрын

What do you mean by a "simple life" what does that entail?

@dennishassler605 Жыл бұрын

Live like the natives do. The per capita income in the Philippines is about 3.5K per year, so poverty is common there. Still, some people want to eat out at expensive places, so they spend more and they have more. You CAN live on social security, but you'll still need to adjust, so learn to live like the neighbors do and conserve by living economically.

@pokeamaniwillnotbereplaced Жыл бұрын

Hi, Dan & Quang, I enjoyed your video. Full of information and your intelligent insights. I have a $2000 PCM budget but I expect to live on $1300/$15,000mPCM so being able to top up my prudent reserve which is $20,000 is to cover any unexpected expenses like medical bills. I also have credit cards with a $10,000 credit. So I have peace of mind. I can walk into any airport and buy a ticket back to my home country. You live within your means no matter what budget you have. You can't spend what you don't have. I think it is great when an ex-pat has loads of money and is very happy to spend it. It helps the local economy. I also admire those people who can live on $1000 PCM. I'm Blessed as I don't drink and my partying days are over. I'm not looking for a partner a housekeeper will do and less hassle. Take care GOD Bless you and yours. M

@pathkris2984 Жыл бұрын

What country are you planning to live?

@raffybbc Жыл бұрын

You are amazing putting it into perspective for everyone!!! Keep being awesome!!!

@VagabondAwake Жыл бұрын

I try

@frankcentofanti9317 2 ай бұрын

Love how you did this vid

@quartzmatter Жыл бұрын

Those who need $5000.00 a month might as well stay home.

@VagabondAwake Жыл бұрын

$5000 is probably enough to stay home ... but home is not as fun in my opinion. :-)

@britishdave2000 Жыл бұрын

The breakdown between the 3 groups is correct people come here unhappy when they have 1500 but want the 3000 life style - I have been here since 2006 - one point is goign out with the locals don't be suprised if you end up with the bill for the whole night - this is not antiforeigner its Filipino culture the highest ranking person normally pay the bill - ie ate, boss, kuyu or foreigner (u considered richest person) so make sure you know what u getting into in situations - don't get me wrong these are very generous people - if you go to their house they will fill your belly no matter how poor they are - it's just part of the culture

@VagabondAwake Жыл бұрын

Thanks for your thoughts David. :-)

@arnieljovero1008 Жыл бұрын

Sorry David that is not true that the highest ranking person normally pays the bill. Maybe you gave them that impression or that was your impression?

@wernerschneider4460 9 ай бұрын

Luckily that won't be me, because I am definitively not the one with most money in my family. Far more likely one of my sisters-in-law, who was the chief-nurse at Stanford University Hospital for many years and returned home with an enormous amount of savings (she lived very frugal in California and invested her money wisely). Her husband is an MD (an internist) in the Philippines and both their children are MDs too (one in Texas, one in Canada).

@justthefactsjack456 Жыл бұрын

Great insight Dan and very true! Thanks:)

@ojaiandrew Жыл бұрын

Excellent video. Such a good perspective.

@don476 Жыл бұрын

My wife and I and son live in Ormoc for $1,000 a month. We live a very frugal life but we do help my wife's family when we can.

@wernerschneider4460 9 ай бұрын

Luckily it's not necessary for my wife and me to help any family-members, because her sisters and brothers all have more money than we have. At least in the moment, before I can sell my estate here one day, where my mother lives. Although my wife's family was quite poor in her childhood, but they all worked themselves up to respectable positions and are retired in the meantime with very good pensions.

@IaintTheHerb Жыл бұрын

Not the perspective I expected - thank God, you had me worried I'd need more!

@user-vm1wb8xf6i 11 ай бұрын

Just joined your site and watched your videos, great info and I agree with you, thanks

@PursuingImpact Жыл бұрын

Hi Dan! Great video! I like the comparison of thinking. Very true. Keep up the great work!

@OneJuanWon Жыл бұрын

Excellent video - it really puts things into perspective for realistic expectations based on what you can comfortably afford. A point not mentioned that everyone MUST research is your health coverage options. Some choose to self insure, others get private insurance....there's no one-size-fits-all answer on this. If you qualify, VA benefits are accepted in some places but Medicare isn't, so have money, or insurance, or fly home for treatment. With exception to a few private hospitals in Cebu & Manila, most medical facilities are rudimentary which isn't good if you're faced with a real emergency. Take care of yourself now, don't relocate with various pre-existing conditions. The outcome won't be good unless you're in the right place and financially prepared.

@rolandmueller7218 Жыл бұрын

Thanks for posting this video explanation. I totally agree. I know a family can live in the Philippines on a $200 per month income in the province. But, as an American that tried living in the $200 per month lifestyle for a few weeks while visiting the Phillipines, I know my budget would be much higher per month than $200. And I consider myself a modest spender…

@VagabondAwake Жыл бұрын

Well said!

@joylight9167 11 ай бұрын

REALLY? YOU ALREADY DID...WHAT I WAS CONSIDERING! CERTAINLY NOT A $200 PER MONTH ...INCOME! HOWEVER $200 FOR A LIVING SPACE' SOUNDS GOOD! TELL ME MORE....

@joylight9167 11 ай бұрын

$200...FOR A PLACE TO STAY...WOULD BE GREAT! ...HAVE A GOOD TIME WITH THE BALANCE! LOCAL FOOD WOULD BE GREAT!

@rolandmueller7218 11 ай бұрын

@@joylight9167 I lived with a filipino family that can live off of 200-300 in the province. I probably would not be able to do it myself for that. They have their home paid for. So, probably add $200 on top for a total of $400-500, in your case. Buy food at the local farmer’s market and cook yourself. Don’t travel or go out to eat. Don’t get air conditioning.

@kennywoodyard4819 10 ай бұрын

You clowns are fooling yourself...Its literally Hilarious how you think this way. I cant wait to see how you live on 200 a month.. We live here, been here for 5 year with wife, it aint happening!

@StanLyons-wp5vx 2 ай бұрын

Really good points of lifestyle choosing to consider. Thanks.

@NoSenatorson Жыл бұрын

The closing comments were loaded with timeless wisdom. Thank you.

@osros Жыл бұрын

Thanks for video very appreciated, Been researching long enough to know where I stand and where my mind is at. I'm going to PH or similar for survival and better life than what I will have here in my home country later in retirement. It is a no brainer, I will make my budget work and if you have more to spend that's fine I learned to ignore people with larger budgets and try to tell others that's what you need. Do your own research and come up with your own needs and budget.

@keith4826 Жыл бұрын

Dan and Qiang , as always a great vid. It’s surreal to me still. I was back west in the rat race watching your channel and doing my research. Now here living a better life at half the price. I’m on a 2,500 USD budget and fit in right where you described…. Much closer to the 1500 expat than the 3k. For first time expats here 3k a month leaves room for mistakes. Then trim it to your liking. Going to Makati next 😎 While there I’ll bounce to El Nido and Palawan. This is way better than dealing with impossible deadlines, quotas and a back stabbing workforce. Thanks again….and to those just watching…. It can be done

@HypocriticYT Жыл бұрын

Great explanations 😊

@markj6565 Жыл бұрын

Great video and great perspective. It really comes down to how much you have coming in and much you can afford. Human nature for most people is the more money you have, the more you tend to spend. I am hoping to be able to get by on $2000 per month when I get there, but if my budget turns out to be $2500, I will still be ok with that. I live in New York City now and I have to get by on $4000 per month, which living in NY is the low end of what most people get by on. And that is the reason I am leaving here and heading to the Philippines. I have worked hard and long over the last 50 years, and now I want to enjoy my life and be able to travel to places I never thought I would be able to see. Especially throughout SE Asia.

@poopingwhilestanding5801 Жыл бұрын

Whatever your budget is, more than double it if you have a Western woman along for the ride.

@pathkris2984 Жыл бұрын

hahaha. makes sense - and only if she is frugal, otherwise may be triple :)

@VagabondAwake Жыл бұрын

It depends on the woman. I know some pretty cheap women.

@poopingwhilestanding5801 Жыл бұрын

@@VagabondAwake Yep, there are some. But of she lives in the West, guarantee she'll be influenced by her friends that you're 'cheap' for not spending more on her... Ask me how I know.

@Spamlure Жыл бұрын

Well presented. Thank you for your fine video.

@gabrielacruceanu9922 Жыл бұрын

very nicely put . You are really wise and open hearted. Thank you for showing us different ways of living to choose from

@yorkpa3767 Жыл бұрын

Wow Dan great analysis as always. It's nice to get that perspective besides just low budget. For me personally it's nice to know that I have some aspects that are the $1500 range and others that are in the $3000 range. But I still have a budget that is substantially higher than all of those.I can't wait to begin my exploratory visits when I retire in 5 months.. The Philippines and Southeast Asia are high on my list. Thanks again to you both for all the information you provide it is greatly appreciated as always!!!!

@WhoWouldWantThisName 8 күн бұрын

Thanks so much for this video Dan. After seeing these differing budgets being thrown around by people this really helps put it into perspective. I figured they were all right but didn't know just how these different budgets related to what sort of lifestyle.

@aFoundingYouTuber 3 ай бұрын

Excellent presentation. Liked, subscribed, and rang that bell.

@VagabondAwake 3 ай бұрын

Welcome aboard!

@kanointhephilippines8082 Жыл бұрын

Iv'e lived in the Philippines six years now and have expat friends who get by with as little as $800.00 per month but most spend between $1,500 to $2,500. If you are debt free, own your home, motor and car you can get by on a very reasonable amount monthly. As far as a long term visa the SRRV is best and renewal is not much every year. But, you are correct about lifestyles, we all have a different retirement plan. Simple and easy works for me. Thanks for the great content always and take care.

@Hijoe-pq3go Жыл бұрын

You are Right, It depends which Head you are thinking with. Myself , My G F, and her Sister live very Comfortably on approximately $1,500 per month. No we are not living like a King, But we live Very Comfortable. we live in a 2 bedroom House in a Gated Community, We have a Swimming Pool, Basketball courts a small park. My rent is under $200.00 USD per month Electric is about $100.00, Water and association fees is about $35.00, Groceries, $400.00. The rest of the Budget goes to Transportation, Meals out, and everything else that comes up during the month like Visa Fees Ect.The one thing that I have going for me is My G F is very Frugal

@dwaynedarockjohnson2023 Жыл бұрын

why are groceries so high? or is that a ton of food?

@user-bf5fi4ss2q 5 ай бұрын

A frugal girlfriend.Where did you find one of those,haha.

@mgysgtk8835 Жыл бұрын

Well done. Your thinking description was great

@VagabondAwake Жыл бұрын

Glad you enjoyed it

@joezip6389 Жыл бұрын

Great video and so true on point

@VagabondAwake Жыл бұрын

Glad you enjoyed

@onetalentedman2822 Жыл бұрын

I live on less than 700 dollers monthly and keep a wife two children and a Mother in-law. We all live well in a home I built on the a mountain side on a coconut plantation. We want for nothing in life.

@VagabondAwake Жыл бұрын

Hi One Talented Man, Would you like to be a guest start on one of my videos? Here is an example guest star video: kzfaq.info/get/bejne/r7l9kpWbpqmYpmg.html Your interview could be just your voice or we could do a zoom call showing your face. If you would like to be a guest star and share your story please leave a personal message here: vagabondbuddha.com/contact/ Thank you for your comment. The detail of your comment makes this real for people. If you have a business, service, or KZfaq channel, you could share that on the interview. Best, Dan

@jpsmusicandmore5457 Жыл бұрын

Really good video. I am retiring in November and would love to check out the Philippines

@philrose7716 Жыл бұрын

I enjoy the apartment tours you have shown. Hope you do more.

@speedymcgreedy1726 Жыл бұрын

You don’t need that much to live over here I’ve lived over here for almost 17 years you don’t need anything near $3000 the people that’s been that much money a month or generally individuals that have lived spoiled lives all their life and they have only known the best they don’t know what it’s like to live a normal life so they have to have that much money to have all the luxury in life that you’re so used to since birth but you could easily live on $1000 or less a month over here without any problem whatsoever

@pathkris2984 Жыл бұрын

Makes sense

@robocop581 Жыл бұрын

I'll be spending more than $3K a month in the Philippines in retirement but I'm far from being spoiled. It's all relative anyway. I bet my $3K budget is significantly less than most retirees' budgets based on the percentage of my retirement income.

@VagabondAwake Жыл бұрын

Hi Speedy Mcgreedy, Would you like to be a guest start on one of my videos? Here is an example guest star video: kzfaq.info/get/bejne/r7l9kpWbpqmYpmg.html Your interview could be just your voice or we could do a zoom call showing your face. If you would like to be a guest star and share your story please leave a personal message here: vagabondbuddha.com/contact/ Thank you for your comment. The detail of your comment makes this real for people. If you have a business, service, or KZfaq channel, you could share that on the interview. Best, Dan

@zowy3603 Жыл бұрын

If I had 3K a month. There would be no need to find a cheep place to retire.😂

@VagabondAwake Жыл бұрын

True. That would be enough for some people to live in their favorite paradise location. :-)

@lifeuncommon1116 Жыл бұрын

True. I live in the U.K. on £1200 a month, about USD1500. And from that has pay £625 mortgage a month etc etc

@BeeboiZam Жыл бұрын

Fantastic video

@CumbiaDancer5678 Жыл бұрын

Dan, that's an amazing video! It really gives a balanced view of the retiree/expat world & what to expect. The same is true in Mexico, Panama, &, many other places around the world. In most countries, you can find a good fit to match any budget. I truly love your videos.

@richardcaldwell5313 Жыл бұрын

I completely agree with you. i could live off of 1500 a month here fairly easy but being a younger man with a wife and 22 month old son i am starting new here. I am 46 and a 100% disabled vet US Army. currently my pay covers everything but its tight at the end of the month. of course i am remodeling my wifes parents home, making land payments on 250 meter lot and starting t build a house there too. So i do have alot going on other then just living as i plan on making a future for my wife and son (my wife is 21 years younger than me). Oh yeah i also am making payments on my multicab minivan but that's almost payed off.

@GarrettSAlston Жыл бұрын

Hua and Hooyah!! Thanks for your service fellow brother in arms! I am former Navy first and then got recruited to the Army! I am sorry for your service related disability and hopes a miracle happens and you get better! Take care and be blessed, safe, healthy, prosperous, and great!

@RobbieBlue 7 ай бұрын

Your situation sounds like it would mirror mine I would love to talk I'm at 100 45 years and thinking of relocating there to the Philippines if I don't get scammed and have realistic expectations of cost

@sbkpilot1 Жыл бұрын

$3000/month is ridiculous for the Philippines, I don't even spend that here living in Dallas, Texas

@pathkris2984 Жыл бұрын

If you have a place to live, $3000 is enough to live in many parts of the US. If you are very frugal, it might be even possible to live while renting an apartment for about $800 a month somewhere :) (and covered by medicare)

@VagabondAwake Жыл бұрын

Agreed.

@Anomalyy666 2 ай бұрын

Lol if you need 3k then a european country is all you need. Dont need to move to a shithole country.

@danpenner9424 Жыл бұрын

I like the way you explained it in how a person is thinking of their budget, basically we all spend what we can afford or what our monthly income is. I think you explained it best.

@michaelb5330 Жыл бұрын

Very practical advice

@hylander4434 Жыл бұрын

Hi m8 still here. Bought a house and small holding . Have a car and couple motorbikes and a couple of mountain bikes still support a family of 6 on a $1000 (855 pounds) m8 Great to see you back here

@VagabondAwake Жыл бұрын

Hi Hylander, Would you like to be a guest start on one of my videos? Here is an example guest star video: kzfaq.info/get/bejne/r7l9kpWbpqmYpmg.html Your interview could be just your voice or we could do a zoom call showing your face. If you would like to be a guest star and share your story please leave a personal message here: vagabondbuddha.com/contact/ Thank you for your comment. The detail of your comment makes this real for people. If you have a business, service, or KZfaq channel, you could share that on the interview. Best, Dan

@natsumidesu8019 Жыл бұрын

I’m an OFW and 1,200 USD is enough to survive with a little pleasure in life in the Philippines and if you cook your food maybe around a 1000 USD only.

@VagabondAwake Жыл бұрын

Thank you for your cost of living numbers NATSUMI DESU! We are all different. Each individual must do an exploratory visit before they will know their own numbers. Have a great day! Dan

@natsumidesu8019 Жыл бұрын

@@VagabondAwake I understand Dan 👍

@happycook6737 Жыл бұрын

This is one of your very best videos because many expats have erroneous "magical" thinking about expat life. Your dose of reality is exactly what they need to hear

@wesleywarren8781 8 ай бұрын

GREAT VIDEO!!!!!!

@VagabondAwake 8 ай бұрын

You are welcome @wesleywarren8781. Your comment grows our channel. :-) Dan Have you seen our KZfaq playlist for each country? kzfaq.infoplaylists

@waltertodd4479 Жыл бұрын

My wife and I live in one apartment in cavite and my two children live in another apartment in Manila for $1500 per month. My daughter just graduated from a private nursing college. While she was in college we were also buying a small two bedroom house that we rehabbed. During this time our living costs were $2500 per month. My daughter is paid $350 as a RN and my wife who is a math teacher earns $350 per month.

@happycook6737 Жыл бұрын

Tell your daughter, if she is able, to work for a few years as a nurse in the USA, to consider it. Salary is around $50k per year. Our hospital just imported 9 Filipina nurses. She could then go back to the Philippines with a nice nest egg

@waltertodd4479 Жыл бұрын

@@happycook6737 Thank You for your reply. What city and state please?

@brentp7122 Жыл бұрын

Well done. I have been going to the Philippines for many years and to really experience the Philippines you need to have 1500-2000 and that gives you safety net.

@markm4623 Жыл бұрын

So if you need $1500-2000 a month to really experience the Philippines then I guess the Filipinos who barely make that in a year know nothing huh 🤣 yet ironically they are way happier 😏

@brentp7122 Жыл бұрын

@@markm4623 You are right they are happy. I have been to the Philippines over 30 times over a 23 year span. Most filipinos have not traveled far from home. But I'm in the Philippines now and i know what the cost is to exist here.

@kombotmarine1304 Жыл бұрын

Great video

@VagabondAwake Жыл бұрын

Glad you enjoyed it

@brain2save 3 ай бұрын

Fantastic.... thanks 🙏

@VagabondAwake 3 ай бұрын

Our pleasure!

@inspector2568 Жыл бұрын

The only real reason your minimum would be at least 3,000 a month is, maybe health reasons or you just can't desire living a normal Filipino life. If that's the case stay where you originally came from.

@davidsiemer7578 Жыл бұрын

Good commentary Dan: I’m looking at approx 4K for my pensions so I’ll live on a 2K lifestyle and bless family with the extra

@element564ddlosias6 Жыл бұрын

well analyzed and said Dan,real life experience cant be beat ,be safe always beautiful couple.

@chrisluth1081 Жыл бұрын

Great report Dan... Very effective way of communicating this information. I'm going to share it with a bunch of friends. 🙏

@VagabondAwake Жыл бұрын

Thanks for sharing!!

@johnjohnston2439 Жыл бұрын

Well stated. That's the problem I think some Expats have in coming to the Philippines. They look at it as a "cheaper version" of where to live compared to where they came from versus the idea/thought of coming and accepting the new host country's culture and people.

@robindavis7241 Жыл бұрын

When you go to to the Philippines you live like they do that is the whole point

@dronestarmedia4341 9 ай бұрын

My god! What a beautiful ride on that boat. That water looks stunning in all of its ways.

@gregorywhite4345 Жыл бұрын

Good thinking. I’m comfortable with my resources versus the local costs you delineated-so thanks!

@VagabondAwake Жыл бұрын

What are your expenses there?

@fayfleur55 Жыл бұрын

It all depends on how you want to live.I am a Filipino Australian . $3'000. a month minimum is a fair cost and is around middle class type of living in the Philippines. I cannot see myself living less than that.Good content and blog.👍

@ariefraiser140 Жыл бұрын

Multiple publications classify $3000usd per month for a family of 5 as upper middle class just not rich.....for a single person or a couple that's classified as rich.

@wernerschneider4460 9 ай бұрын

To be honest, I don't even know how to spend 3000 Dollars (even Aussie Dollars) a month when I am in the Philippines. But probably my lifestyle is very simple and modest to be easily able to live on far less than 1000 with my wife who is a retired university lecturer.