spoon Posted 9 hours ago Posted 9 hours ago Its never too early to have a retirement saving target as the early you start the better. While i might still have a way to go before reaching the retirement age, if i can reach the magic number earlier, possibility of early retirement seems very attractive. Of course, if im not of retirement age, visa will be a different issue altogether. So im looking at two simplified options. First option, keep going to thailand as a visitor, but slowly increasing the duration of my trips once im no longer working full time. This can range from 1 month visit at a time up to just shy of 6 month per year. Long term condo stay might allow for much cheaper accommodation compared to hotel's nightly rate, and Ill always have a home back in my own country. Seems to be less hassle, except for the visa part which might cost a lot if looking at thai elite visa. Second option, fully relocate to thailand. For this option, its pretty straightforward as many of the members here has done. There is also an option to go with the first option first and then switch to second option when the time is right. Anyway, the real question will be, what would be the realistic nest eggs to have to be able to retire in thailand. Bangkok will be my first choice. Or maybe a minimum monthly expenses to shoot for? Quote
Olddaddy Posted 9 hours ago Posted 9 hours ago Depends on your age Usually you plan to 82yo If you are from the UK or Australia you can get the aged pension at 67 In Australia you can access your superannuation/retirement fund at age 60yo, you have to spend it before 67 so you can be eligible for the aged pension, currently $2200 a month around 42,000 baht Depends on your lifestyle of course in relation to expenses ,but I aim for 50,000 baht per month or less ,but of course in Bangkok it will be more You won't be able to party in bars every night though with that ,but do you want to ? vinapu 1 Quote
