Retired at 50 was it a mistake how to save money for retirement must watch!
ฝัง
- เผยแพร่เมื่อ 23 ก.ย. 2024
- Retired at 50 was it a mistake, did I retire too early, did I have enough Money
The video is presenting Retired at 50 was it a mistake valuable information but also try to cover the following subject:
-How to save money for retirement living on a Budget let me show you how you can increase your lifestyle on a Low Budget
-Retirement mistakes can be overcome Retired at 50 and Love being retired at 50
-How much money is needed to retire at 50 the answer is not a lot.
Retired and Living the Dream from the age of 50 and love it.
TH-cam is the very best place to visit when looking for videos about Retired at 50 was it a mistake.
Retired at 50 was it a mistake is obviously something that interests you and quite a lot of people so I made this video about this topic.
@@@@@@@@@@@@@@@@@@@@@@@@@@@
If you want to find out even more concerning how to save money for retirement I recommend you to look into our other video clips :
---------------------------
Have I answered all of your concerns about Retired at 50 was it a mistake?
People who looked for how to save money for retirement likewise looked for retirement mistakes.
Your best video ever! I had a very similar life to yours but retired in Thailand at 54 I only wish that I would have done it at 50 for all the reason you put on your videos.But like you I don't miss the west at all.
Thanks so much. I have loved every moment and I know I am very lucky to have done so I was in the right place at the right time at the age of 19.
Brilliant film. Enjoyed every bit. Going through the same decisions right now. Helped me a lot. Thankyou Sir.
Good luck with your decision Andrew 👍
I plan on doing the same in the next 2 yrs here is the US, I’m 52 now but don’t want to work till the day I die. The US is so expensive!!
Thanks for watching and taking time to comment, best wishes on your future plans.
Awesome video man appreciate it I’m definitely going to retire and move to Thailand
Go for it! Best wishes for your future plans in Thailand.
another great video mate. I have found that in 20 years of living in Australia, it has got so expensive. I think its probably more expensive here than the UK now. In different circumstances I would be doing just what you are doing, not retiring but working from there. Keep up with the good videos mate.
Thanks so much for taking time to comment, I am looking at online working as I have been asked by many if it is possible. So I am on the case and enjoying it. There is a lot of Snake oil for sale out there.
hi mate, love your vdo's, we have travelled down a very similar life path, i did 26 years in the British army, left at the age of 42 with a pension had the choice of
1, stay in UK and continue working for the rest of my life
2. move to Thailand work part time and live comfortable every after. buit a house im Chiang mai and now working as a scuba diving instructor on Koh tao
It is a hard decision for sure it took me a NANO second to think about it when my wife decided she wanted to go back to Redcar.
@@RetiredandLivingthedream I guess she more comfortable with the lifestyle?
Are just seen this you were 50 great age, I am 55 and still thinking should I. I to am going out to Thailand in two weeks for the first time.
Hi Mark I hope it opens your eyes best wishes for your visit well done for having a look.
Inspirational...I retired at 56, traveled a bit and after 3 years got bored. Started a little business from scratch and enjoying working again...I needed purpose and found it.
Well done for starting from Scratch. I keep busy and never bored love my life. Thanks for watching.
After retiring to thailand myself last year i have absolutely zero regrets in putting down permanent roots in Thailand, for every reason you have succinctly stated, but as you know, my retirement is on pause for the next 18 months so im looking forward to returning a fully fledged retiree 😁 enjoy your life Les and Ploy you have certainly earned it
Thanks Mark, having been offered what you were offered I would have jumped at that also, we have talked many times about your future and I think you were wise to do what you did. The phone will one day not ring. Having a plan which you have and your head is screwed on right it is a great plan. Best wishes Mark.
I planned while in school as a young man I need to work save or invest it worked very well retired in my 50"s
Well done for thinking at such a young age.
The hardest step to take is the first step!
I agree 100% but once done it gets more easy as the time goes by.
What a brilliant analysis and thoughtful video about life choices. You are spot on about the poverty, crime, and homelessness in all these wealthy countries, I'm residing in one of them and would love to make a move in a year or two and retire to Thailand. I have learned a lot about retirement life in Thailand watching your videos. Thank you so much for your honest opinions and views.
Thanks Sam for watching and for taking time to comment, I hope your future is what you are planning for, best wishes.
Very informative and sobering at the same time. Im 54 in business but just don't want to stop not that I'm making stupid money.
Also seem to be losing family members left right and center at the mo which is the sobering thought. Im Off to Phuket next week so will have a touristy insight of Thailand I suppose.
Morning and thanks for your comment. The thing with getting Old, is does not last very long, we have more years behind us than we have in front of us, we know how much money we have but never know how much time we have. So enjoy the time you have left doing the things that you want to do.
Enjoy Phuket its a wonderful place.
Love your garden area!😊
Thank you! Thanks for watching.
Fair play mate, a one bedroom flat where I live is a grand pretty much, I’m only 41 single parent and I’m planning on 5 years time as my daughter is only 15, i love Thailand but it’s looking like the Philippines for tax reasons as I have a few businesses, I’m consuming so much TH-cam content as I’m sick of this country, sick of surrounding myself with rubbish I don’t need to impress people I’m not keen on it’s mental, anyway good on you sir
Thanks so much Chris,5 years will give you plenty of time, I have never been to the Philippines but it is on my list one day. Best of luck with your future plans and thanks for taking time to comment.
Thanks for the video Les. You have certainly made the right choice.
Good on you my friend.
Thanks 👍Mickey
It can be all about luck as well Les. I have a similar story as yours got divorced at 46 lost everything basically but in ten years with some lucky breaks I was back on my feet again and yes married to a Thai. I retired at sixty and am sixty one now and I live a rock star lifestyle here in Thailand. But I did find it hard to settle but as the locals say don’t think too hard and take each day as it comes. Keep up the good work interesting talks.
Thanks Colin for taking time to comment best wishes on your future here in Thailand Rock On.
Thank you for your blog 😊, and l have been thinking about retirement and planning, Thanks 😊
Go for it! we all get there one day.
Absolutely no doubt. You made the right decision. Well done.
Running a property business in France (like I have since 1989, with various 2nd and 3rd jobs in the beginning) is great, but only if your French is top-notch. We close the work chapter in 5 years and then the world is our oyster.
Bravo again 👍👍. +1
Thanks Andrew the 5 years will soon pass the World Awaits you.
great sharing ,bro looking forward to have a beer with you
Les...great video ¡¡
Thank you!
Retire the at the earliest opportunity, great video.
100% Agree loved every day of Retirement.
Not a truer word said Les. Great vog mate!
Thank you kindly
Yessir matey. Good luck down yonder y’all.
Thanks so much for watching.
I retired 20 years ago at 45. Right or wrong? No idea. How could I possibly know? I've been very happy, but I was very happy in my career too. It's just a different kind of life. If you're happy in your career you'll likely be happy retired because you had the skills to figure out how to be happy while working. If you're unhappy working you'll likely keep making poor choices in retirement and be just as unhappy and maybe more unhappy as the years pass.
It's not complicated.
For some it is Complicated, glad to hear your happy in your Retirement well done.
Subbed! Like your videos and how honest you sound.
Thanks for the sub! and for watching
Just saw this video; I am trying to be creative with my future as I am going through life transition. I love Thailand, been there twice. I am curious to hear you take on the healthcare system tho, as it is a concern for most people as we age. A video about the steps ahead to move in Thailand would be much appreciated, like how did you start moving there, how did you find the ideal place, how did you find the house, what about having a community and not felling isolated...That could be a great education platform:) Thanks for the video, very positive and motivational.
Thanks for your comment I have done over 300 video's covering many things have a look at this one and feel free to look at the others in the playlist. Hope this helps.
Best wishes for the New Year.
th-cam.com/video/AbNDgYGyDow/w-d-xo.html
Cheers Les. Found your channel the other day. Been married to a Thai for 10yrs and the plan was always to retire in Thailand, your videos have motivated me to accelerate the plans, get finances better in order and get over there sooner. Thank You.
Your more than welcome thanks for taking time to comment and best wishes for your future plans.
If you got value out of this video consider buying me a coffee every bit helps to bring more content. Many thanks for watching.
ko-fi.com/raltd
Great content Les. New subscriber and really enjoying the channel. Me and the Mrs. are off to Rayong tomorrow for the first time, any suggestions bud? Cheers, Andy.
Koh Samet Island it is great.
Hi Mate, you've maybe covered this topic in one of your videos. I retire in 18 Months and since the early 80s Thailand was always on my radar as the country I would most like to retire too. I would be retiring with only my combined UK & German state pension Monthly income to support me of around €1550. If I am not wrong Thailand now requires a foreign retiree to show a Monthly income of €1780 and why I had actually hit the notion of retiring to Thailand on the head and currently considering Cambodia who offer easy access to a 1 Year renewable retirement Visa. Not sure in which Video but did I hear there are legal ways round me not being able to show the minimum Pension required to qualify for a Thai retire Visa ?. Its no big deal if there isnt as Cambodia would be cool too and Thailand an easy Holiday destination but having spent so many years visiting Thailand I have quite a few Thai friends now and it would still have been my prefered country to retire to if I would have qualified for a 1 year retirment visa that was easly renewable as one thing I do not want is to be always having to worry about having to leave a country when my aim is to settle in it, build a social network there and enjoy my latter years doing so.
Hi George, yes it is true I do have a work around which is 100% legal, send me a emails and I can explain lesliepearson58@yahoo.com People are now getting more options as Asia is reopening.
Thanks for your comment and for watching
Only just clicked on to your video's today , that was a very informative video , just a thought ...,what is the situation with the health system in Thailand with you only moving out there after retirement?
Thanks Les , very inspiring , where exactly are you located now ? Some island ?
I live in Rayong area of Thailand not far from the Beach and a great little Tropical island.
Great video les
The uk is good for education and career ,but it is a stressful place now to live ,even if retired ,the old days were the best before they opened the shops on a Sunday ,it was a family and rest day
I have watched TH-cam films on USA ,about people living in tents ,some of whom are very educated people ,but just had a bit of bad luck ,and a lot of Americans live two pay cheques away from living on the street
You definitely did the right thing
I find it hard to understand the wealthiest Country's have some of the highest Drug addicts and Crime in the World. Thanks for watching.
love the video where in Thailand are you renting that house you live in
There's a nice little bit of tax planning if you've a good public sector pension and you don't want to split up. Divorce, the pension gets split, you remarry and now (say) your £25k single pension where you's been paying 20% tax on £12,500 (£2,500) is two £12,500 pensions, totally tax free.
I kept my pension and she got the house I knew I could live a good life with my pension so losing the house was almost assured as we had kids Always look at the bigger picture I retired at 50 she had to work for another 18 years following my retirement.
All the vlogs I have seen this one made the most sense to compare- nice one. Clear how the average guy can make the decision to retire. So you only survive on your pension? I was thinking £1.4K per month I could survive in Thailand rural and have that laidback lifestyle. Had enough of exactly you describe of England slog to survive rather than to live.
Thanks Malcolm yep 1,400 does us ok here, if I lived on my wife's farm we could live there for much less but living such a rural lifestyle where I was the only foreigner in the village that would take some getting used to. Thanks for taking time to comment.
I turn 50 tomorrow i got 100k in the bank invested and 50k elsewhere, i plan to retire in the Philippines, looking at Bohol right now i am taking care of my mother she is 80 but when she is gone i am selling the family house and making another 450k. Now i cannot say when i am going to retire but i am saving more money. I am very active at my age and i want to be in the Philippines too, i can also get an early pension with penalty at 60.
I have been working for 30 years now 25 of them in IT traffic etc stress early retirement sounds pretty darn good.
Sounds like you have your Ducks in a row, best wishes with your plans. I hope all goes well
Thanks for watching
I think my pension will be about £1200 I originally wanted to go to krabi or Ao nang where do you recommend to look at ??
Hi Mark thanks for the comment, Krabi or Ao Nang on 1,200 pounds per month, you will be on the low side I think, it may be just about ok for now but when things reopen the prices will shoot up. Rental you will have plenty of choice but this time next year it will be much higher. I would suggest having 2 weeks at various locations jut to get a feel of the place this is what I did. Best of luck with your search.
Looking to get out when we pull the plug on work as well. Things are just too expensive in the USA, health care is a joke but no ones laughing... crime is allowed instead of being stamped out with vengeance. The division of the classes is toxic... just bad all the way around.
Hi Bob it is bad everywhere now I am pleased I made the move when I did, Crime in the UK is not even reported now if it is under 200 pounds in value. Drug abuse is out of control it is a crazy world. Best wishes on getting out as soon as you can.
One of your best vlogs.
You can add that the UK and EU zone is economically doomed thanks to the ignorant politicians policies.
We have to worry that our western countries do not fall against the Thai baht in the future if we are relying on western pensions.
you have to worry to get a pension at all...
I too was affected by the collapse of the housing market, and it has taken me about 14 years to completely recover. I was going to wait until 67 years old to retire with my Social Security and the small income from a rental I own, but at 58 decided enough is enough. I've worked for 45 years of my life and am tired. I've been to Costa Rica (which I love), but it is expensive to live there. So I decided to give Thailand a try. I'll be there in December for a month. Thanks for the vlogg it and others have been very helpful.
Thanks so much for watching and great news about giving Thailand a go, well done. December everything should be getting back to normal by then. Thanks for your thoughts and best wishes for the future.
I tried Costa Rica for three years and moved to Thailand, not because of cost but because crime in Costa Rica is a problem.
Well it’s all come out great in the wash up Les. I think it was a good few years early to retire.....I took my lump some at 58, and put it into property.....worked well .....my mates said ....ah but my pension will be worth 10k more than yours .....sure , but they are paying tax on it !.
Finally left at 64...... have a decent company pension ( yes taxed grhhh) and U.K. state pension. ( yes that it gets taxed as well......anything you have after 12.5 k gets taxed) but lucky , no mortgage. , and 2 k a month...... coming in ....live comfortably on that.
Still have itchy pants to go to LOS.....as I’ve said before.....holidays first
Most open of you to divulge your pension status . Best down to Earth guy flogging in Thailand 👍🤩🤩
I was happy to Retire at 50 I travelled the World for 2 years as a much fitter man and done many things that a 65 year old might not be able to manage. As I have always been positive I know I can make money at anytime, being retired you have the time to learn new skills. And now being retired you have the chance to learn new skills and being able to be working from home
Good for you
Thanks Mark
What is your opinion on "going back" for family funerals?
Going back to your home Country? I would say yes, I went back to the UK as my mum was dying I was there for her final days although she may not have known, but it felt the right thing to do.
100% correct
Thanks so much
If you've an index-linked public sector pension divorce can be a sore one. I know a doctor who was having an affair and his wife caught him. His £35k a year anticipated pension will be halved.
Affairs can bite you back.
Hi, Les enjoyed your video. It's all in the planning. You were in a position with a work-based pension to retire early knowing that at 66 you will also get your UK State pension. My plans to move to SE Asia have had to be put on the back burner due to the state of the financial system crashing. I am a crypto investor and know that BitCoin will bounce back to higher highs. You only lose if you sell. Good solid information Les, thank you. Take care GOD Bless you and yours. M
A friend of mine was gloating at his profits 12 months ago & urged me to get into trading (which I didn't) now he's crying.
Thanks so much I would agree it is only a paper loss until you want to cash it in. Hope it bounces back for you. Best wishes on your plans
It's a loss if the price doesn't go up again
@@HamiltonSurrey even with this crash I am 3x my investment and now I'm buying this wonderful dip.
Hello Les you did the right thing retiring early because you can't buy it back time. If you're happy with enough to get by ok retire as early as possible.
Hi Ian you are one of the few who get it. You cant buy time back, living on and learning to live with what you have is the key to happiness. I have done many things in the time I have been retired, imagine starting all of them things at 66 even with more money it would be harder. Thanks for watching and taking time to comment.
American here. I agree with 99% of your points. My only complaint is you use very isolated examples that do not reflect reality as a whole. Sure there is crime and homelessness in NY, LA, Chicago and to some extent DC and other urban areas. That is less than 1% of the USA. I live in the Mid-west and I have never been victim to a crime. There are dozens of US States that are very safe. The US, as a whole, leads the world in overall Standard of Living. This mis-conception happens to most of the world that does not understand the US or have lived here for less than 10 years.
I plan to semi-retire in Thailand when I retire at 60 in a few years. We have a very close family and it is that family that makes life worth living for me. Everyone is different I understand this. For some, a wholesale change is needed.
Thailand is the only country I would live outside the USA. The scenery is the best in the world but it is the people and culture that is the most important. God Bless the Thai people. The world could learn from them.
BTW: Sorry about your Queen. She was an inspiration to the world. I hope Charles can be half the Monarch that the Queen was.
Thanks for taking the time to comment it is very much appreciated and a 99% agreement will do me thanks.
I agree with family values, it is something we have lost in the UK we are living in a World ME ME ME at the moment. Best wishes for your future plans.
Having worked for a while for Prince Charles he is a very genuine people person. He will be good for the Country I am sure.
Excellent video as always! I agree with pursuing other options,
Life always gives you options, it is up to you to choose the one best for you.
I retired at 48 in Thailand, got bored within 6 months and went back to work within 12 months. I held on to my mortgage free home in Europe while in Thailand as I wasnt sure if I would stay. If I did stay, I would have sold it.
But, its actually more expensive for me to live in Thailand than 40 minutes outside one of the most expensive cities in Europe. In Europe, I live on 800 euro a month (no mortgage or rent) When living in Thailand for the best part of a year, it was costing me in excess of 1200 euro a month, and anyone that lives in Thailand will know that 1200 euros equates to a very sedate lifestyle, visas and insurance are a large cost. Food is another cost that people underestimate. Its easy chew through 10 euros a day on street food, fruit and water. 70 euros a week for the basic Thai street food, you go western once or twice a week, add another 10 euro per meal. 90 Euros a week total. I go to my local supermarket and can feed myself for a week for 40 euros. I could cut that cost to 30 euros a week if I lived on a Thai diet which consists mostly of rice or noodles and a very small portion of meat/fish.
I saw a guy on youtube recently walking through a mall in Thailand and he was proudly holding up a cup of fresh orange juice to the camera 'this juice only cost me 2 Euro' ...you can get the same fresh squeezed orange juice in my local supermarket for 1.50 euro.
You can also choose to go to local markets and supermarkets and cook your own food in the same way as you do in the UK! Do you eat out every day in the UK with a couple of trips a week to eat out at a (Thai?) restaurant? How much would that cost? I can't see your point, it's really not a fair comparison.
@@wojamacolit You could cook at home but who does? Even Thai have the common sense to eat out rather than cooking themselves as they realise that there is very little price difference between buying and cooking it themselves and buying exactly what they want from the street.
@@eugenebooth2467 mate you contradict yourself. You can buy and cook for yourself cheap in Thailand, we do and also eat street food, market food etc. I reckon you just started to spend too much on honey!!
@@PedrosmsPedrosms How did I contradict mysef? And you said 'we cook for ourselves' which I assume means you have a lady that cooks for you. Another mistake is men hooking up with a lady as you end up entirely suppporting her financially, you should add up how much you spend on her weekly and include cost of food, which you have to buy twice as much of. Hooking up witb a lady in Thailand adds 30% to your monthly budget.
The only real saving to be got in Thailand is cost of renting a place to live. My mortgage free home for example, I could rent it out for over 2500 euro a month, then go to Thailand and rent out a nice place for a few hundy a month and live like a king..but Thailand gets boring after a while, nice to fly in for a few months to avoid euro winters but nicer to fly out of there and go home. Retirement is all about having choices...You dont want to be stuck in Thailand in your 70s on a limited budget. I have the choice of going to Thailand when ever I want...Going in november BTW, for 5 months, to avoid winter.
@@eugenebooth2467 you assumed wrong, there are more Thai women that can support themselves compared to those that expect you to support them. Maybe stop looking for the honey and get the hive!! No money no honey is the wrong way to go. I have the hive and get all the honey I want without the money!! Hahahahahaha you have not learned anything given the time you have spent there!!
At least you are not in the NE of England any longer!
Yep correct I may visit this November it has been 3 years since I visited my step dad and sister.
UK is getting worse. foodbanks, crime. cost of living etc. They should bring back National Service too as the crime is out of control. Do you live in Rayong?
Hi Steve, yes I live in Rayong. As part of my working in the Fire Service I was responsible for running various courses dealing with young people who TWOC cars ( Taking without owners consent ) Stealing. Joy riders. I delivered a VERY VERY Hard hitting lecture about what they do I won various awards for what I did and kickstarted many road safety initiatives in the Fire Service
I also helped deliver other lectures to offenders. But having a day with the Fire Service is a Fun day and very exciting. The bad lads got this with funding from the Government but the good kids get nothing of this. I agree we have to try to alter the paths of some but being good has no rewards.
This was 15 years ago and now I see it even worse.
@@RetiredandLivingthedream I’m coming to Thailand soon. I might come to Rayong for a visit as I’ve never been before.
@@stevemcdougal9220 Just give me a day and we can have coffee and Lunch. It is well worth the visit. Thanks for taking time to visit.
@@RetiredandLivingthedream it will be this July. Yes I’ll definitely contact you. I’m from Newcastle, so not far where you lived. Thanks for replying.
I retired at 62 and i love it...I dont look back... At 18 i took a few years to live in Holland and race bicycles.. Traveled all over greece, italy, france, germany, england and a few other places. Went into the miltary and then came out and went to work for myself and a few companies. I thought that when i get older i dont want to travel as much and im glad i went about at an early age. I had four houses and sold them, had a few businesses and closed them. I worked for electric car company for a few years and retired at 62... Now, all i do is bicycle and grow my own foods and stay near to home...It is fantastic...
Well done Sir, and thanks for sharing, Travel is a great experience, If I had built the house in France I would never have seen the things I have. Life can be good.
Hi Les just found your channel what puts me off about living in Thailand is the visa system and knowing how to use it . I have over 20000 in the bank and i own my house no mortgage i have a state pension thats all do you think its possible to live on that over there i dont drink or smoke and im a fit 68 year old can it be done Regards
Yes it can be done, I know many guys living on much less. The Visa is not difficult and once you have done it once then you know what to do. Also if your not sure then an Agent would do everything for you, no one likes paperwork. Give it a try stay here for a few months at 1 st just to test the water.
depends where you stay and how strict the visa place is. mine just come up for renewal, got paperwork from bank, filled in some paperwork. went to immigration office and they took my passport at a desk and sat down in area away from main part. gave me back passport about 10 minutes later, sat in the same area waiting to be called to main area and they come over saying all done, had put paper in passport for another 90 days just like that, couldn't believe it
You can come across to Thailand and be ok if your active the problem is the insurance over here for what ever your visa you apply for and if anything happens in the future it could cost you dearly if you come looking for love it could cost you dearly as well with the right person can be ok but if you pick the wrong one it will cost you dearly because the person you get could have a lot of family baggage
Weigh it up the UK is dear on some things but if house is paid for with your pensions you can be just as better off just enjoy holidays all over I wouldn't put all eggs in one basket seen people out here loose everything
You can also just travel
@@RetiredandLivingthedream Thanks for the advise i think once the thai pass has been withdrawn i will visit for a few months to test the water then make a decision about living there Thanks again Les and all the best for the future regards
be very careful in thailand with your money as people know you have money theres plenty of people out here that will spend it for you quickly especially in the tourist areas
Too early and a question mark required but an interesting video all the same. Good job.
OK Noted altered the TOO Spelling is not my strong point but thanks for pointing it out.
Good for you 👍. I'm 56 and planned retiring by now but through bad planning and decisions things haven't gone as planned. Back in Durham working for a few more years but the family and house is there waiting. Absolutely love were I live and 1000bt a day easily does us, just need to get my head down for another 5yrs 🙃
You can do it! Best wishes for your future plans, 5 years will soon pass. Thanks for watching and taking time to comment. I did my Fire Service training at Durham some good memories.
Very inspiring video Les. So much has changed for the worse in the west. An unacceptable woke liberal based negative society has lost its moral compass and become accepting and soft on crime not to mention run away inflation that’s killing retirees. I’m moving to Udon Thani this year and am so looking forward to it. Thanks again Les from a grateful yank from California 👍🏻
Thanks for your comment and best wishes for your move to Udon Thani. I seen this 15 years ago whilst working for the Fire Service and what the criminals got to stay out of trouble, I was a part of a team giving motivational advice to these criminals to stay out of crime, I was watching a Documentary last night people on the UK Benefit system get more than I get on a Pension I worked for 30 years to get this. They get it for not working.
Well said enjoy your videos coming July 4th 👍🇺🇸🇹🇭
Thanks 👍Enjoy best wishes.
Your video are great good information thank you from Scott new Zealand
As always Scott thanks for your support and for watching
@@RetiredandLivingthedream you make good video and information thank you very good coming to Thailand in August going to see my mate in chang rai Bruce Joseph from Scott new Zealand
The ability to earn money & if wanted, a decent amount in the UK, is all that's left.
Other than that, it's finished. There's too much against the decent law abiding individuals & the system favours the lazy low lifes & criminals.
Good on you & all those who've made the leap Les. I will be doing the same ASAP.
Agree I think the Lefties have all but destroyed the UK.
Yes T Man ....one of the reasons I looking at LOS
@@kevinrobinson2745
Good for you Kevin, don't blame ya.
Cheers T Man....just being a windy bag about the move just now.....see what comes from a few Hols later in the year👍
Just watched tonight about 4 episodes of Benefit Britain, wow how they get away with it, Their Benefit is more than my pension.
worked for a train operating company for over 40 years, so had good pension could have retired at 50 to, but always planned to go at 56 even before met my Thai wife. Retired April 2020 unfortunately when giving 3 months notice didn't know about pandemic. But luckily got pension and a lump sum before the slump. Eventually made it to Thailand end of January 2021 after jumping through various hoops including 2 weeks isolating in hotel. Best thing ever done my pension is similar to yours and get CPI increase each year. Living in 3 bedroom detached house and getting home and resort built at the moment. Wife has a restaurant and also building a farm, also breed dogs as a side hustle. Lived in South of England so cost of living was expensive
redcar? thats my home town to
Why is it called Red Car? Are all the cars there red?
Nice place many good memories
No Idea
@@RetiredandLivingthedream did you grow up there as a kid? what part of the towm did u live?
I stayed there for a weekend at a big grand hotel up on the edge of the cliff. It was nice there. Lovely by the north east coast.
The answer is yes if you've got kids , I did and now I regret it only because of there needs
I was called Selfish for moving away from the UK What about the kids people said, so If i remained in the UK because of my kids then I was not living MY LIFE my kids have their own lives to follow but I will not be held back for the just in case I am needed. 24 hrs away anywhere in the World
Thanks for watching.
@@RetiredandLivingthedream I do agree with your line of thought, I just wanted to make sure they had more than I had. So far so good, degrees good jobs in London . I can live well on what's left
I’m all in motivation to go m8. Another 31/2 years & I’ll be on my way Can’t wait Great vids. Keep up the good work 😎🙏🙏
All in MOTION grrrr 😎🙏
This time will soon pass best wishes for your future plans.
Whereabouts in Thailand are you Les?
We live in the Rayong District very nice area.
Hear you loud and clear Les!
Thanks Dave.
Great video, Les! What is the retirement age in the UK and what is the average pension for a retiree?
The retirement age in the UK is now 66 and is going to rise to 67 shortly. If you have paid into the system for 35 years then your Pension per month is about 800 pounds per month once you reach Retirement age
It's 67 for men and women if you were born after April 1960. Current UK law allows State Pension age for men and women to increase from 67 to 68 between 2044 and 2046 but this timetable could be changed by the government.
A normal average guy doesn't get a pension of £1200 at age 50 year. Hard earned granted but this is unlike many others.
You would be surprised at how many people can get their pension at 50 I mention all the MP'S who can draw their full pension after contributing for only 7 years.
We did pay 11% towards our pension to be able to Retire at 50 more than Jo public and the lifespan of a retired firefighter was not long. But with better training and equipment we can live longer hence the Retirement for a firefighter is now age 60
@@RetiredandLivingthedream Hi Les, i think the earliest you can access your private pension in the UK now is 55 (might be wrong in some schemes) soon to be 10 years before state pension age i believe ?
Good choice I'm married 32years to Thai lived in Thailand 25years retired two years no regrets about anything living the dream
Thanks so much for watching and leaving a comment. Best wishes for your future in Thailand and well done for being married for 32 years.
I lived in Thailand nearly 20 years - just moved back to the States and won't return. Lesson to take away - don't get married. Or, if you do get a prenup.
Prenup is the way to go for sure this day and age I would say. I was married to Western girls and they all became better off by divorcing me it is not just Thailand. Good luck on your move back to the States. Sorry it did not work out for you here in Thailand.
Good for you sir.:Blessings.
Thanks for watching and taking time to comment.
Clearly you made a great choice. Your house and surroundings look great. I think the key is a steady stream of income which is going to be a pension for most people. People who work outside the public sector often won't have one though or won't have a very good pension plan and won't have the option of early retirement. Security of income stream is very important. Would love to retire early but unfortunately I have worked abroad for many years and don't have any pension plan set up. Your videos are inspiring me though to try to come up with some sort of plan for the future. Thanks
Right time right location and luck. No one thinks of Retirement at 19 years old and I did not think anything different. Thanks for watching. We are lucky in where we live and again luck plays part in this.
Best wishes for your future plans in the future.
@@RetiredandLivingthedream Thank you. You are very helpful and have certainly earned your nice retirement. Wish you continued happiness in your retirement and look forward to your future videos.
Hopefully we'll retire in Thailand in about 2 or 3 years
Best wishes on your future plans Matt thanks for watching.
It's TOO early, not TO early.
OK spelling is my weakness but I used my weakness as a strength in my class of young people who were poorly educated and had no qualifications or life skills on my courses. Turning one's weakness into a positive result is great but we can't be good at everything, thanks for pointing it out and I have corrected it now.
Question. Asking for a friend. Hehhee. Assume after the divorce you had young kids. Assume that you have only weekends to see the kids. Would you have packed and left or hung in there to see them grow and build whatever relationship you could salvage? Again, asking for a friend 😆
I did have two girls who I loved very much but my wife stopped me from seeing my kids for 9 months, then when I got access to them again after taking her to Court it was not the same 9 months is a long time, following this time their mum poisoned their minds towards me saying everything was my fault and sadly things turned against me Many people kept saying wait until the kids get older they will come back and understand. My ex kept saying not good things about me and I never said anything bad about their mum, My ex girlfriends also helped by saying I was not a nice man, funny it is always the ex girl friends who I left never said anything good but apart from my ex gf everyone is ok with me. When I retired and went around the World and the bad mouthing got worse. I waited and waited pussyfooting around with my kids and when they were both older than 20 I asked for a chat with them both to get things sorted, It did not happen. I visited the UK for 6 weeks One daughter met me for 2 hrs the other said she did not have time. Then asked for another meting before I left for good the answer we have got no time.
Divorce can ruin many things, My door is always open but I fear it will never happen, we all parted on some not very nice words. But my true answer even if me and my daughters were like best friends, I still would have moved to Thailand, you have to live your live as you want it and as you would want your kids to live their life. We are 24 hrs away from anywhere if you are needed.
I am not a perfect man and never have stated that I was, but following my 2nd divorce I knew what I did not want in a partner and was very quick to exit that relationship if it started to go wrong. I am now married to a wonderful girl and have a great life together. So it can happen, never stop in a relationship if only one side is working it takes 2 to work together.
@@RetiredandLivingthedream You are a calm, soft spoken man.
Well thought out and hard-working.
The problems not you Sir. Western women have ‘me first’ mentality. It’s her way or no.
Progressive policies in US cities have caused those tent cities you're talking about Les. (Also, drug addition and mental disabilities) It's still a small minority of homelessness. If you want to work for a good life in the US its available to you. If people rely on the government for a hand out they are already in trouble. They made the wrong financial and life choices. Too many victims out there. Love the channel Les, great content.
Not everyone has a gold plated fire service pension, don't get me wrong you deserve it🙏
Exactly, Les wouldnt be there enjoying his life in Thailand without that and most people dont have that, I dont, I have a very smal private pension but my house has inceased massively in price to around £600K so that will be my pension fund when I make the leap to Thailand in a couple of years age 60.
It is a good pension but when I joined the pay was very poor and retiring at the age of 50 seemed years away, I took a 200 pounds a month drop in wages to join the Fire Service and could of earned more at the Steel Works I was working at before I joined. Firefighters also had a short life expectancy following Retirement we also paid up to 11% towards our pension far more than Jo public so we could retire at 50 Firefighters Retirement is now 60 but they pay less towards their pension also. We got nothing for FREE
@@RetiredandLivingthedream You worked hard for that pension, paid in and took the risks too, got to know an ex London fireman who sadly passed last year(he had some stories) but he had enjoyed the last 12 years in LOS, me well similar to yourself maybe i done 30 years in retail and think to myself i thank whoever told me to join the pension scheme, a lot out of my wage back in the day with mortgage, bills & cost of living etc. but how happy i did as today well anytime soon i can access that pension and hope that combined with the state pension will give me enough to do 6 months thai/uk.
Have to say thank you for all the information you give its a great insight
@@RetiredandLivingthedream Good luck to you Les not knocking you infact im quite jealous Your one of a lucky few.
@@RetiredandLivingthedream Nobody said you got it for FREE 🤔
All common sense Les, but as you know, common sense isn't that common. 555
Lol I have to agree with you and I will give an example. I am not a clever guy but I can solve many problems I am good at finding Solutions to everything. The fire service a number of years ago wanted Academically clever people to rise through the ranks to get to officer ranks. But we found Academically qualified guys did not have problem solving ability's and no common sense if it was not in a book then they were stuck The fire service is all about problem solving dealing with what ever it is with the equipment you have Practical These bookworms struggled.
L