Coming from the Western Hemisphere and discovering the Asian realm, the amount varies per needs and wants of the person retiring.
I ended up having a multitude of lovely but high-maintenance PETS in my retirement houses in a Philippine countryside, so, 145,000php is my minimum budget every month and some months it increases depending on when my Desmo service for my Ducati motorbikes or the PMS for my Vespa collections would be on schedule. Automotive and motor racing hobby is not a cheap hobby. Wheels, breaks, engine oils, and other components do not come cheap for European machineries.
But if you can minimize your expenses then you can probably copy the locals who live for the basic 15-30Kphp bracket. No offense to anyone earning in that bracket but my Groceries alone for myself as a soloist won’t fit that bracket. Taxes are also not a joke.
Retirement In Manila
in Culture and Living
Posted
Coming from the Western Hemisphere and discovering the Asian realm, the amount varies per needs and wants of the person retiring.
I ended up having a multitude of lovely but high-maintenance PETS in my retirement houses in a Philippine countryside, so, 145,000php is my minimum budget every month and some months it increases depending on when my Desmo service for my Ducati motorbikes or the PMS for my Vespa collections would be on schedule. Automotive and motor racing hobby is not a cheap hobby. Wheels, breaks, engine oils, and other components do not come cheap for European machineries.
But if you can minimize your expenses then you can probably copy the locals who live for the basic 15-30Kphp bracket. No offense to anyone earning in that bracket but my Groceries alone for myself as a soloist won’t fit that bracket. Taxes are also not a joke.