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Retirement In Manila


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#21 hoovz

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Posted 26 January 2007 - 11:22 PM

I would love to retire early and spend majority of my time there. Wishful thinking...

#22 Patricio

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Posted 17 May 2007 - 01:51 PM

if you're gonna live alone, P 30k a month should do it. if with a partner, maybe P 50k.

the tricky part is where to get that retirement income! siguro if you have about P 10 to 15 million you can drop everything and retire right now, living on the interest income.

Wish mo lang! hahaha

#23 gaw_dyap

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Posted 17 May 2007 - 03:09 PM

20-30 million tapos time deposit mo nalng then spend the interest monthly for living expenses...

#24 redax

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Posted 17 May 2007 - 10:34 PM

If you were to retire, your money would go a lot further in the province. If you like the night life, Cebu or Davao won't be that bad plus you would have beaches and mountains you could go to.

#25 TNT Hsia

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Posted 18 May 2007 - 06:21 AM

Why stay in Manila? Travel around the country!

#26 finding_a_bitch_to_rent

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Posted 21 May 2007 - 03:38 PM

20 M

20 M

#27 Chinelas1

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Posted 23 May 2007 - 12:50 PM

I will be set with $5M US. Make PI home base and see the world like my dad did.

#28 marvin_8

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Posted 23 May 2007 - 09:32 PM

10 M is fine .... $ ha

#29 rbob

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Posted 14 September 2007 - 11:39 AM

5M@ 15%; 10M @ 10%; 15M @7.5%. pls note that values are not the same;as i get a higher base i tend to be more conservative.

#30 mark_pogi

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Posted 17 October 2007 - 06:48 PM

IMO, 20-25K a month would be enough if ur wise enough on how u spend it. :hypocritesmiley:

#31 igol ays

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Posted 13 November 2007 - 11:20 PM

i spend about 150,000 pesoses per month
single

Edited by igol ays, 19 July 2008 - 07:03 AM.


#32 dakine48

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Posted 14 November 2007 - 04:04 AM

50k a month? that seems way too low for Manila standards......unless you live a very simplistic lifestyle....eating only fish and rice, etc.

I plan to invest in various properties in makati, qc, and some beach houses by the time i retire.

#33 Dr.Love

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Posted 14 November 2007 - 04:19 AM

10-15M is already ok for me.

#34 skicker

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Posted 14 November 2007 - 05:20 PM

[quote name='eagleyes' date='Nov 13 2007, 08:20 AM' post='5012433']
i spend about 150,000 pesoses per month
single
live in fort boni condo (which is paid for)
quote]

You must be doing really well sir. Consider yourself one of the few and the envy of most of us. I must have to work my tail off to afford that kind of lifestyle. More power to you sir eagleyes.

#35 igol ays

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Posted 15 November 2007 - 08:01 AM

i'm trying to cut back, pero mahirap

Edited by igol ays, 19 July 2008 - 07:05 AM.


#36 suzuki

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Posted 15 November 2007 - 09:31 AM

i spend about 150,000 pesoses per month
single
live in fort boni condo (which is paid for)


eagleyes....kailangan mo ba cook...
driver..masahista...bodyguard ...alalay...?


sarap naman ng buhay mo ser! :thumbsupsmiley:

#37 id6230

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Posted 15 November 2007 - 10:04 AM

It ultimately depends on one's lifestyle in calculating the amount of money a retiree needs. Metro Manila is of course very expensive if you want to maintain your lifestyle living in a "developed country". Its your money, spend it the way you want. Just don't be swell headed just because you have more money than the average Juan dela Cruz.

#38 igol ays

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Posted 15 November 2007 - 01:39 PM

eagleyes....kailangan mo ba cook...
driver..masahista...bodyguard ...alalay...?
sarap naman ng buhay mo ser! :thumbsupsmiley:

lolo suzu, basta kol ka lang pag dating mo
itong darating na end of the month, 3 day weekend

#39 skicker

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Posted 16 November 2007 - 03:09 PM

You must be doing really well sir. Consider yourself one of the few and the envy of most of us. I must have to work my tail off to afford that kind of lifestyle. More power to you sir eagleyes.
i'm trying to cut back, pero mahirap
puro kain kasi sa labas dahil hindi ako nagluluto
pag boring at walang magawa (halos araw araw) siyempre may gimik

di ba malapit ka nang lumabas?


sir eagleyes thanks for the reply..oo nga malapit na akong mag retire kaya madadagdag ako sa growing numbers of unemployed underskilled sa ngayon..I've got 6 1/2 months to go..meron bang unemployment compensation dyan?..I don't think na malayo ang mararating ng pension..I need a supplemental income pa..para makagimik din tulad mo..di ko pa nga alam ang aasahan ko sa "outside world" you're a lucky man eagleyes..kuwentuhan mo na lang kami ng mga masasayang mong mga gimik..kidding aside mabuhay ka eagleyes..represent.

#40 buddy01

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Posted 16 November 2007 - 04:14 PM

if you have your own place, siguro Php50k per month will be enough for simple living.




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