Retirement In Manila

[Maykeee]

city of san juan or quezon city

gitnaan ng metro manila. i think both do not suffer extreme floodings. not a route of marikina fault line. "The Big One" is still a great threat.

Edited September 7 by Maykeee

[VivaForever2005]

On 9/7/2024 at 11:48 PM, Maykeee said:

city of san juan or quezon city

gitnaan ng metro manila. i think both do not suffer extreme floodings. not a route of marikina fault line. "The Big One" is still a great threat.

SJ is flooded. BGC and QC is the best choice.

[HimuraButosay]

On 6/11/2006 at 11:47 AM, PapaFresh said:

Hi Everyone,

 

I'm a newbie here so please be nice

 

I just wanted everyone's opinion on how much money would you think you need to retire in Manila at your current age assuming that housing and transportation (a car) are already provided and paid for. Please indicate what kind of lifestyle you'd afford w/ the amount you specify.

 

On 6/11/2006 at 11:50 PM, free2nyt said:

Hmmmm, hard to say coz it depends on the lifestyle you want to have...

 

I say you will live comfortably with P50,000 per month. That should cover all your expenses like food, utilities (electricity and water), gas for autos, maid service, driver, and entertainment. You might even have extra for savings...

 

P50,000 should be enough unless you tend to overspend on any of the above especially the entertainment portion... :evil:

 

These posts were from about 18-years ago;  Imagine the rate of inflation that affects this.

Fifty-thousand may have been enough back then... but that won't be the case nowadays.

Should a retiree be in good health with no co-morbidities of any sort;  then an average of PhP60,000 may just be enough to cover for:  shelter / food / healthcare / other expenses

This amount is just an approximate;  a number of factors may still affect this.

[Marakim]

I'll retire somewhere with a better climate.

[LucianoTheDiablo]

BGC

[withdos]

City of Quezon City or Taguig.