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#1 z909

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Posted 15 September 2018 - 09:30 PM

A topic for discussing where to retire, when to retire and so on.     Contributions are particularly welcome from those who are retired & anyone who has given the matter serious thought.

 

Have you/would you move to Thailand full time ?   (or elsewhere in SE Asia)

Or stay there for several months a year ?  

Where in Thailand ? 

Why that location ?

Advice/questions for others ?

When to retire ?

 

I am not retired.

My plan is to retire in my early 50s.  

The idea is to start with a winter trip of several months to SE Asia and travel around slowly to try a few locations.   If that goes well, I would look to take more long trips & possibly emigrate permanently.

 

In my mind, Pattaya is one of the better candidate destinations, since it has a very wide range of facilities, including the shops, restaurants, coffee shops & night life.   Plus other expats to meet.   Also, it seems less polluted than Bangkok.   However, the first thing I need to try is staying there for longer period.    Plus try a few other places.

 

Also, living in northern Europe, the winters are cold & dark, so there is a good incentive to escape for a few months a year.



#2 Terry4

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Posted 16 September 2018 - 11:48 AM

May I ask how old you are now?

I guess if your going to retire in your early 50's you will need income.

#3 TMax

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Posted 16 September 2018 - 12:10 PM

1. I retired 3 years ago at 57 and have a comfortable living
2. Spending a fair amount of time getting my house and gardens sorted the way I want is my immediate concern
3. At the moment I travel to Thailand once a year just for a couple of weeks for a break but would love to at least double that in the near future
4. Would love to move to Thailand full time but the long term planning at present is to do 3 months Thailand, 6 months home and back to Thailand for 3 months. Not sure when or even if that will commence (a lotto win will speed it up 😁)
5. I guess Bangkok would be my main area where I would stay, initially I would use Bangkok as a base and do a fair amount of travelling around, never know I might find that one place that I like so much and would want to settle.
6. Why Bangkok? A base to start with, good medical there in case something happens, the plentiful supply of massage places where I can go for some short time fun with a hunk, shopping etc. basically Bangkok has everything I want.

Advice to those thinking of retiring, most important is to have adequate finances incoming to ensure a comfortable living, if you have to penny pinch to live then you will struggle. Get a hobby or some sort of interest to keep yourself occupied or you may find yourself getting very bored. If you move to Thailand full time then to start with rent don't buy a condo etc straight off, after a while if things pan out and you are happy then you can start thinking of buying if you so wish. Remember if you retire to Thailand full time you are no longer a tourist and if you try to live the way you spent your holidays there you will wear down your finances very quickly.

#4 spoon

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Posted 16 September 2018 - 12:51 PM

Retirement is still a long way to go for me but i am fullt aware of adequate financing if i were to retire at my home country. I am however curious about the adequate financing if one were to retire let say in bangkok and pattaya. Lets say nightlife/offing boys were limited to few times a month, or once a week.

#5 kokopelli

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Posted 16 September 2018 - 04:25 PM

z909, after 4,565 posts you should know more about Thailand than most others.  ;)



#6 Terry4

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Posted 16 September 2018 - 04:29 PM

I met 4 guys in Pattaya recently, all had one thing in common they had all recently retired.

An Austrlian guy a fit looking 62yo was a fireman and retired with a fair sum, his pension fund paid over 2 million baht a year, he had been in Thailand for several months but decided it was better a 3month in Thailand and 6 month in Australia thing.

63yo American guy retired small business owner told me he was living off his rental income back home in Nevada USA, and savings, he had to strict budget thus only allows himself one night a week out and 2 boys a month.
He currently rents a pattaya condo.

66yo Aussie guy self employed builder just retired , owned several apartments, told me he lives off investment property income and spends 6 months x 6 months , seemed to be very mean with his money after I caught him haggling the price of his drink with the bar owner claiming it was still haopy hour.

So these guys arw all over 60yo, they worked until then or later.
They all scrimped and saved

#7 Scooby

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Posted 16 September 2018 - 04:57 PM

z909, after 4,565 posts you should know more about Thailand than most others.  ;)

Actually he knows nothing about retirement anywhere or especially in Thailand. He is not retired and is not in the process of planning retirement yet if I understand his posts ( at least in Thailand).

 

Hoping we will have some retired people post or at least some members who did all the research and for some reason decided to retire  in their home country or somewhere else.



#8 paborn

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Posted 16 September 2018 - 09:22 PM

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I retired 7 years ago and spent a lot of time thinking about where to rest my ancient bones. I considered Mexico, somewhere on the slopes of the central plateau locked in eternal spring. Some of the violence in Mexico, however, gave me pause. I considered Puerto Rico but the damage done by Hurricane Andrew warned me off ( I dodged a bullet considering Hurricane Marie last year ) that ruled out my favorite island of Santo Domingo. My eye turned to Texas with a vibrant and large gay life. Austin is so well integrated there is no gay ghetto everyone lives amongst each other. Forget what you hear; it is not so much that Texas is red, no, Texas does not go to the polls. It is 49th in voting in the US. I did, indeed think of Thailand. A place I visited 28 times over the years.

 

So what happened?  I retired with significant savings but have to conserve as who knows how long we will live these days. I did not want to work at all, but needed something to do. So the dilemma:

 

1. Mexico out danger is up and down. Last time I was there on business my company refused to allow us to usee ordinary taxis as they are too dangerous ( mugged by my cab driver?? ) and employed our own car service for protection. Now, this was our Mexican branch and Mexicans deciding this! Not scarred Americans. So, no Mexico.

 

2. The Caribbean. Hurricanes and everything you buy must be imported. Yes, you can live cheaply if you are willing to live as a native. So, no.

 

3. Texas. It had a lot going for it.

 

4.  Thailand. Thailand will not sell the sacred soil to a non-Thai. Setting up a corporation and issuing shares to own my own home was unsettling. Hard to feel truly welcome. I'm not a linguist. My Spanish is fair and my German rough and ready. But I'm, apparently, tone deaf and the tonalities of Thai escape me. Can I live in my declining years depending on translations? Also, it is very hard to budget. Business is easy. You plan your budget for needs and screw your wants. Life is harder. Could I really be in a place and limit myself to a boy or two a month? Why the hell live there? Could I just go once a year and be happy?  Maybe.

 

5. My choice fell to South Florida. Big gay life in Fort Lauderdale. The Housing crisis got me a home in Florida at a very reasonable rate, I could put 100K into renovations and have what I wanted. Selling my former New York home ( yeah I fled the cold north with the bitter memory of a beloved uncle who died shoveling snow ) helped finance this.

 

All in all my choice has turned out well for me. On retirement I had a hobby I indulged in for 5 years, slowing down a bit so I leveled off. But, I read a lot, love to cook and bake bread ( god the fight with my waist ) and have a beloved pet. The pet makes my trips only two weeks in length. But being so near the Caribbean gives me 3 to 4 trips to Santo Domingo every year. So, all in all, it turns out well.

 

If you're still working think hard about saving, budget realistically. Just one example, I'm reasonably well off but fly coach. Yes, all the way - it doesn't kill me. A former boss died of deep vein thrombosis in the corporate jet - coach won't kill you. But, neglecting constriction socks and getting up to move your ass will. I search for decent hotels ( preferably gay to support our community ) I indulge in restaurants but try to be sensible.

 

Try the place you want to retire BEFORE making the plunge.

 

I think the most important thing is to not think with your penis. Plan, budget and imagine your lifestyle before deciding. In other words, "think long and hard" was, as always, the best advice.



#9 kokopelli

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Posted 17 September 2018 - 12:06 AM

I retired 28 years ago and am still "active". Spent the last 19 years visiting Thailand on and off and the last 3 or so years as a permanent fixture in Thailand with a once a year visit back home.

And as paborn says,  "think long and hard" was, as always, the best advice.  :o 



#10 paborn

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Posted 17 September 2018 - 12:09 AM

You give me inspiration, there might be another chapter to my story



#11 bedbugy

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Posted 17 September 2018 - 07:12 AM

i was made redundant in 1987 age 37

i have never worked since i moved to thailand after touring india nepal singapour maly then thailand in 1992 i toured every province for 6 months

went back to uk sold up and moved to songkhla 1993 where i have lived since

you only have one go at life live it



#12 spoon

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Posted 17 September 2018 - 08:57 AM

i was made redundant in 1987 age 37
i have never worked since i moved to thailand after touring india nepal singapour maly then thailand in 1992 i toured every province for 6 months
went back to uk sold up and moved to songkhla 1993 where i have lived since
you only have one go at life live it


Admire your guts but what kind of visa did u apply to live in thailand when u didnt work?

#13 vinapu

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Posted 17 September 2018 - 10:04 AM

I'm still working but of  age when retirement options are # 1 conversation topic in my crowd. 

 

I gave Thailand , Vietnam, Laos and Cambodia serious thought but decided firmly against and will not try again. 

 

Coming few times a year for long and cheap vacation , yes , living there permanently , no and that for 2 main reasons:

 

I'd miss my social circle of family and friends and it would take few years to rebuilt it in new place without guarantee of success

 

and

 

perhaps surprisingly for some, I'd miss four seasons. I hate heat, being on vacation is fine but living permanently in hot country,  no way. As much as I like long and warm summer days I don't mind when they regularly change to  long and cozy albeit chilly evenings and nights, serious



#14 kokopelli

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Posted 17 September 2018 - 01:31 PM

 

 

I am not retired.

My plan is to retire in my early 50s.  

The idea is to start with a winter trip of several months to SE Asia and travel around slowly to try a few locations.   If that goes well, I would look to take more long trips & possibly emigrate permanently.

 

In my mind, Pattaya is one of the better candidate destinations, since it has a very wide range of facilities, including the shops, restaurants, coffee shops & night life.   Plus other expats to meet.   Also, it seems less polluted than Bangkok.   However, the first thing I need to try is staying there for longer period.    Plus try a few other places.

 

 

z909, the plan you propose is logical. What you propose is what I would also suggest.  Just don't burn your bridges to home until you are sure Thailand is the place for you.






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