LB Posted January 26, 2009 Share Posted January 26, 2009 If you have close to a million or millions or billions, where would you choose to spend it? A place where your money is considerably big & has a high potential for earning more... Would you retire in the province, go/ stay in the city or go abroad? Why?! Post away folks Quote Link to comment
Google Posted January 30, 2009 Share Posted January 30, 2009 zimbabwe....hehehe1M Zimbabwe dollars is less than $ 1 US.... and 1M Zimbabwe dollars is a lot of money to them.... hehehehe. Quote Link to comment
LB Posted June 21, 2009 Author Share Posted June 21, 2009 zimbabwe....hehehe1M Zimbabwe dollars is less than $ 1 US.... and 1M Zimbabwe dollars is a lot of money to them.... hehehehe. nice tip bro, i am thinking of costa rica for the cost of living is relatively low there however, i came across some articles which say a lot about discrimination and lack of jobs... Quote Link to comment
bubutako Posted June 21, 2009 Share Posted June 21, 2009 nice tip bro, i am thinking of costa rica for the cost of living is relatively low there however, i came across some articles which say a lot about discrimination and lack of jobs... Alot of people simply retire at the province. Even foreigners flock the provinces for low cost of living Quote Link to comment
jestch Posted June 23, 2009 Share Posted June 23, 2009 bangaladesh.....one of the lowest currency rate comparatively speaking with peso value Quote Link to comment
LB Posted June 27, 2009 Author Share Posted June 27, 2009 Alot of people simply retire at the province. Even foreigners flock the provinces for low cost of living yeah, i'm considering that too. maybe, go to cebu or davao to retire someday Quote Link to comment
LB Posted June 27, 2009 Author Share Posted June 27, 2009 bangaladesh.....one of the lowest currency rate comparatively speaking with peso value wow! i will look into that Quote Link to comment
rapturousone Posted July 3, 2009 Share Posted July 3, 2009 nice tip bro, i am thinking of costa rica for the cost of living is relatively low there however, i came across some articles which say a lot about discrimination and lack of jobs... costa rica is a good choice. property is still relatively cheap (especially in this market). look for beachfront affairs on the pacific side. :thumbsupsmiley: Quote Link to comment
jigger_horny Posted July 15, 2009 Share Posted July 15, 2009 yung ibang province lang natin comparable na sa Zimbabwe ... no kidding ... dami mahirap tlga sa province natin ... anyway, I might go to my home town the problem is the health care and cost of hopitalization ... you need to consider this before heading to a remote place Quote Link to comment
LB Posted April 11, 2011 Author Share Posted April 11, 2011 costa rica is a good choice. property is still relatively cheap (especially in this market). look for beachfront affairs on the pacific side. <img src='http://manilatonight.com/public/style_emoticons/<#EMO_DIR#>/thumbsupsmiley.gif' class='bbc_emoticon' alt=':thumbsupsmiley:' /> wow! i must check it out. well, i think hongkong will make the cut Quote Link to comment
LB Posted April 11, 2011 Author Share Posted April 11, 2011 yung ibang province lang natin comparable na sa Zimbabwe ... no kidding ... dami mahirap tlga sa province natin ... anyway, I might go to my home town the problem is the health care and cost of hopitalization ... you need to consider this before heading to a remote place hmmm... not really into remote just promising ones... places w/ potentials, did not mean under developed macau is not cheap but i can foresee several relatively easy ways to make it big there Quote Link to comment
HuYu Posted October 24, 2011 Share Posted October 24, 2011 according to my ASEAN friends sa Lao PDR daw Quote Link to comment
Guns of the Patriots Posted February 7, 2012 Share Posted February 7, 2012 Better at the provinces.....mura na pagkain dun at simple pa buhay. Kung miss mo manila, road trip or short flight lang. Quote Link to comment
saripsa Posted April 12, 2012 Share Posted April 12, 2012 Pinas pa din. Masarap dito. Kung ganun karami pera mo okay na okay ka na. Quote Link to comment
sincity189 Posted April 4, 2013 Share Posted April 4, 2013 Wow thank you sa mga tips bro. haha Quote Link to comment
abetman Posted August 7, 2013 Share Posted August 7, 2013 Oo nga sa mga probinsya na lang dito Quote Link to comment
Astig73 Posted September 25, 2017 Share Posted September 25, 2017 mga province dito, low cost yan lalo na pag may kamag-anak ka para sa titirhan mo.. Quote Link to comment
Chambabam Posted September 30, 2017 Share Posted September 30, 2017 I have tried renting in cebu ok naman basta mandaue area. Food is very cheap pero if your near cebu city the rentals will cost you from 10-30k if you want your own pod. Quote Link to comment
dwick Posted February 15, 2018 Share Posted February 15, 2018 +1 to province living tapos mag negosyo.. planning to relocate in the future too.. Quote Link to comment
JohannBeckham Posted March 1, 2018 Share Posted March 1, 2018 I want to be a digital nomad. stay for weeks or months sa isang lugar, tapos lipat ulit. I think If I hav a passive income of USD$40k I should be able to do that. Pero siguro when I'm 90, di ko na kelangang gawin yon so most probably I'll end up in a provice in the Philippines. If not Palawan, Davao or Ilocos would be my bet. If not, costa rica, thailand or even Indonesia. Ayoko sa malamig na lugar, I would love to be in the tropics kasi sanay na ako sa climate. I choose a low cost of living area kasi dito sa Australia, ang taas ng cost of living, nkakalula. I would definitely live elsewhere if I have the chance. Quote Link to comment
JohannBeckham Posted March 1, 2018 Share Posted March 1, 2018 Know your number. That's the key! Using the 4% rule, you must have an investment portfolio of 25 times of your annual expenses then and only then you're financial independent. Personally If I plan to retire here in Australia, I need another 12 years (10 if I consider my superannuation fund). But thats OK, I'm still young and still enjoying my work so there's no reason for me to retire elsewhere now (because I could, if I could move to a lower cost of living area outside australia). But I target to retire and have the opportunity to travel the world kya i need 12 more years. If that plan didn't pan out (e.g. because of disability or lost of a job or economy is not doing well or whatever), I have a fall back nmn na bumalik sa Pinas kasi may dual citizenship nmn dito. Quote Link to comment
MRROUGHSEX Posted March 23, 2018 Share Posted March 23, 2018 It changes from time to time based on retirement account. By July I can retire to Egypt if I want. Quote Link to comment
MRROUGHSEX Posted March 23, 2018 Share Posted March 23, 2018 Know your number. That's the key! Using the 4% rule, you must have an investment portfolio of 25 times of your annual expenses then and only then you're financial independent. Personally If I plan to retire here in Australia, I need another 12 years (10 if I consider my superannuation fund). But thats OK, I'm still young and still enjoying my work so there's no reason for me to retire elsewhere now (because I could, if I could move to a lower cost of living area outside australia). But I target to retire and have the opportunity to travel the world kya i need 12 more years. If that plan didn't pan out (e.g. because of disability or lost of a job or economy is not doing well or whatever), I have a fall back nmn na bumalik sa Pinas kasi may dual citizenship nmn dito. Kaya ko na mamuhay Php600K a year. So with your suggestion of x 25, that would be Php15M. With that, I think your x25 is a sound, albeit conservative, model. Ok ba sa Australia? Mga magkano pasahod dyan on average? Quote Link to comment
JohannBeckham Posted March 28, 2018 Share Posted March 28, 2018 With regards to "pasahod" dito sa Australia, well it depends on the type of job you do and the area where you work, but according to Wikipedia "The latest release shows that the median gross household income in 2013–14 was $80,704, and the average of all households was $107,276.", http://en.wikipedia.org/wiki/Median_household_income_in_Australia_and_New_Zealand. Personally, I love it here but I can't compare it with any other country other than Singapore for I work there for a couple of years before moving here. Between Singapore and Australia, I would still live in Australia. But I haven't had the opportunity to live and work in Europe nor North America nor any other parts of the world so I don't have a way to compare it with. Kaya ko na mamuhay Php600K a year. So with your suggestion of x 25, that would be Php15M. With that, I think your x25 is a sound, albeit conservative, model. Ok ba sa Australia? Mga magkano pasahod dyan on average? 1 Quote Link to comment
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