Hi, I’m a local KL resident. I enjoy this conversation. I used to jog at the park before the pandemic. Now I spend most of my free time attending my property in nearby rural KL….in preparation for retirement and passive income.
My wife is from Malaysia. We plan on applying for the MM2H program when we retire. Appreciate your no-nonsense and straight talk about the benefits of living abroad. Mahalo.
Love Malaysia, best food in all of Asia, maybe the world - roti canai and teh tarik for breakfast everyday thanks. Cheap, good quality accommodation, perfect combination of culture, and development/infrastructure. I'm an Aussie expat currently living and working in Bali, but Malaysia is still my long term goal for retirement.
Another Hawaii retiree living in Asia since Jan 1st. Sold everything, living stress free and traveling through Asia. I too have had a life changing experience. Have lost 10 pounds, pretty much off all my meds (Blood sugars almost normal, B/P as good as it’s ever been in the past 20 years). My outlook in life was more positive. When I started this journey, I was not sure how long I was going to take. I enjoyed my work (medical field), but was not really aware how it was affecting my health. Was contemplating working another year, kind of a working vacation in Alaska or overseas. Now I realize I can't go back to work, and if I had remained, I truly feel it was somehow lead to worsen health, dependence on more meds. I am really enjoying this journey. Keep up the great work, A Hui Hou
Another educating and entertaining video. It’s nice being able to make decisions on your own vs a partner with opposing views. The ending blooper was really funny.
Spot on. Rehabbing from a crushed ankle, one kid beginning senior year, been planning traveling in retirement for over 25 years. T minus 2 years at most & my wife & I will be on the international traveling trail!!!!! See you soon!!!
Absolute banger once again! Still binging through videos and I’m loving it!👏🏾 love the bloopers as well! Those are always fun to add in and look back at haha😂
Americans take what is dished out. They accept working until 85, spending $12 for Starbucks coffee, and the intense stress is normalized. When I left the US I was bullied, shamed. I didn’t comply. I had a clear vision to redefine my life after I helped my partner die and my mom die. Both of those experiences taught me to go all in with the lifestyle I want. The clock is ticking. Now I slow travel SE Asia and I feel move vibrant, more Alive, more interesting to me, and I’ve set the table for a feast of life. I became a minimalist which made me feel so free. This year I’ve been to Phillipines, Vietnam, Hong Kong, Thailand and headed to Indonesia and beyond. I feel like I’m 20. Get busy living or get busy dying
Things pretty bad here in the U.S. but very few people are working until they are 85. And a cup of coffee at Starbucks is under $3. But its good to hear from someone who is enjoying the slow travel option in Asia. It is my plan as well.
@Retire And Go I agree with you totally that it's possible to retire early. You just need to make the decision and mindset and not have any guilt feeling looking at others who are still slogging their ass off past retirement age. Life is unpredictable and no amount of planning can make you prepared for what is to come. It's only your decision and adaptability that can give you the life of your dreams. 🎉
Awesome!!👍🏻 Enjoying another great and informative video of yours!! Thank you so much for all your amazing videos that're packed with great information. Please keep up the great work & keep them coming 😊. You're absolutely correct. Nobody is in charge of our future, it's us who must be responsible. Take good care. Cheers!
I need you to go to Eastern Europe and do some research for me please. Latin America and south east Asia are just too hot and sticky for me. I need some cooler weather.
I spend around 40-50USD per day in KL. That is for a nice one bedroom apt with balcony, utilities and my daily expenses. I spend less then I bring in. I also saved a lot and have a lot of investments with no debt. I don't have a car here. I just use public transit and sometimes grab. I am from California and I don't miss it. I am 43 and retired. Will be going back to Thailand soon since they now have the 60 day exemption.
@@MountainGoat67 Hotels tend to be more expensive compared to an apartment. If you are doing a short stay you can do either. There are no shortage of apartments or hotels in KL for all budgets. If you prefer to have a kitchen, washing machine and more of a home feeling then go with an apartment. There is also less turnover in the apartments compared to a hotel so you get to know some of your neighbours. For longer term I would go with an apartment.
I have zero debt. I have not owned a credit card of any kind since 2015. I have a 3 figure savings account. Just over 250k in the TSP...half of which is Roth invested. Just under 78k in EV Stock investments. A 30% VA monthly compensation of which will soon be increased. And I will be receiving 40k monthly FERS pension eligibility this coming September if I decide to retire at 56 years and 8 months of age. It is time to get out of the rat race and in to southeast Asia to enjoy life.
We are going for our first trip to Malaysia next summer. We have done Ecuador , Portugal, Madeira and the Azores. Each had some great attractions and benefits but none hooked us yet.. Ecuador in particular was stunning but way too chaotic. I have been looking closely into the S- MM2H program. Enjoy your videos and enthusiasm - thank you!
Great video as usual, the gig is up here in USA , more and more folks are discovering the world and its lower costs through creator's such as yourself! The calvary isnt coming for anyone for sure. Movement is life, climbing on the horse and riding out scouting August then from there , relocating. Thank you for all the work and time you invest for us to have the opportunity to watch your content. The blooper ..omgoodness 😮lol.
Wait a minute did you just say the five and dime shops . 😂 Love it , I used to go there with my parents back in the day . I was talking to a friend about how nice it is in South East Asia and he thinks it’s a third world country . I laughed and said we are living it a third world country compared to SE Asia . 😂 I’m just sick of the crime , the inflation and ooh I would love to go a day without hearing about politics . Good video …
Aloha Hawaii 5 0. Jack Lord. Bro I luv yr video clip n facts abt retirement. You must come to Penang Island, Malaysia for the food and heritage. Cheers
Retirement plan, saving and investment plan are very important in life. Some people are lucky to educate and prepare themselves early, but some people still have to struggle going through the retirement.
You mentioned you are from Hawaii, interesting. Back in the days working in ISIS Malaysia, a government think tank, I was assigned to be the personal assistant to Professor Valencia, from the University of Hawaii, he was working on the spratly island issues in the Southeast Asia. I also had few colleagues from USA, one from Texas, and another one from NYC. Before I left ISIS Malaysia to join KLCC in 1993, I was assigned as the personal assistant to two Harvard Dons from the University of Harvards. Professor Vincent was doing a paper and research on Malaysia economic sustainability and Professor Snodgrass was doing a paper and a research on the Malaysia economy miracle in the 1990s.
You are right. I am talking to an accountant now to get essentials in order...tax mitigation for one. On the investment side, I am creating a balance portfolio of stocks, dividend paying stocks and ETF's. Yes, getting out of debt is crucial. I need to go back and review your videos on divident paying stocks and basic materials oriented EFF's. I am also somewhat into a few growth stocks...but I moderate.
By adopting "Die with Zero" financial approach, we would need much less money to retire by projecting and adjusting our spending budget based on life expectancy on any given year. I don't want to Die Rich. I want to Live Rich !! My turn to retire early coming up next year to join you. Can't wait.
@@TimeToTravel-u2x oh yes true My income is from two sources mainly Dividends ( federal tax free) Rent income ( under US standard deduction of $14,000 ) My tax annually is very low
@@MountainGoat67 interesting! I understand what you are saying For me I want to live off dividends so I never touch the principal But I know what you are saying
It's like you're talking about Australia when you talk about the USA. The reality is nobody is coming to help us retire and live the way we want. Great video. Am thinking about Malaysia now. The $16/month rental is based on a monthly or long term agreement right?
Oh nice question I use an international service or WiFi as I travel I use more data than most people, lots, so I think just a small SIM card works for most travelers Thoughts ?
I spent $750 last month in Thailand, this month I spent $900 with a motorbike and splurged on everything (at least in my opinion). Putting more cash away now than I have in decades. Unfortunately, it looks like we are being taken into some severely sinister financial times so all of this may come to an end for all of us and the ones who didnt save may end up laughing at us. Hopefully this wont be the case.
@@RetireandGo When I first came to Thailand I had already seen the movie about the guy who did time in a Thai prison and also before I lived in Turkey I saw the movie Midnight Express so I was a bit hesitant on both countries, however 2, 3 weeks after being there all that fear was gone (I could also add several more countries to the list). Then I look at all the people being arrested for drugs in the USA, all the homeless and all the crimes people commit due to laws they (the law) should have under control already. Its a total racket and living in the USA is like being a fish in a barrel for them. I was out of there a long long time ago "baby"! Since I was in the service right out of High School I knew there were better places out there, unfortunately it seems as though those countries are now being destroyed as well so you have to be mobile.
What an inspirational video. Question. What do you do when your driver license needs to be renewed and your overseas? Minor thing but I’m just curious. Thanks and I’m looking forward to seeing the next video 🤗
Retirement is still a real thing - but it's all on yourself to to make it happen. Also don't count on any government to honor their retirement or other obligations. Everyone should learn about investing and diversify. I ignore the mass media news and pay attention to my own interests. I only care about good meals in great places with happy people not the latest distraction.
Yes, I've been travelling to Malaysia, Penang is my favorite! Will see how the MM2H visa goes, still too expensive $100K US deposit in a Malaysian bank is a big ask for most retirees. Philippines $10K US and $1000 US income and you qualify over 50!😁
@RetireandGo It recently was changed, but realistically, I think it will be reduced. It's less in Borneo, and you only have to stay 30 days a year there.
Dude you should be working for the Malaysian tourist board. You really sell your lifestyle and Malaysia. You seen happy contact and revitalised. Congratulations bro ! Enjoy your life man which you are. Trying to find a way to Malaysia as well until the MM2H program is sorted out.
Another great video! Well done! 👏 Now a couple of questions: * Could you please share the name of the insurance company use for medical treatment? * With the cost of dental treatment in Malaysia not be cheap🎉er than Thailand?
It's very beautiful there. BUT I don't know about the HEAT!! I have to work if I stay in the USA. I have to 'start over' but I do have a fully paid for home.. but no cash.. at all. So my only options are to wait another year to get SS at 62, and then attempt to live on that with a part time job to afford the taxes, insurance on the house and health insurance. OR sell the house and travel to somewhere like Malaysia or Thailand. I do not want to invest my money in some nefarious pie in the sky.
Sounds like a plan. I am malaysian. I am 56 now. 4 more years to go. 1. I put 700k ringgit into fixed deposit but interest is low at 2.4% 2. I hv a pension fund with about 620k ringgit now. But interest is higher between 5% to 6%. 3. I do have a house. No mortgage. Market value uncertain. I do not have the privilege of having a strong currency like usd. So I know I hv to stay in malaysia. 1 usd = 4.7 ringgit now.
@@RetireandGo Are you going to be focussing your videos mainly on South East Asia or will you visit other low costs destinations like Central & South America, India, Eastern Europe, Middle East and Africa? Cheers
How did you find Chile overall when you visited? In comparison to the surrounding Latin American countries? My wife and I are both in the Canadian military and have over 30 years of service between us. We are both being medical released in 1-2 years and will have an indexed amount of around $4k (converting here - USD) indexed to inflation per month. We are in our mid 30s and plan to move to Chile as Canada is collapsing under unchecked migration. Chile seems to have everything we could want - looking to start a business. Do you see any flaws with our plans? I joined the army at 17 and it sucks to have a lifetime injury but it will be worth it once we are free. 🎉
hi, great information. one question is you mention health insurance , which company do you use, would you recommend them. nice to know your covered in case of emergency. regards
3 grand for a for zircon crown is insane, that must be a Hawaiian added charge? I work as a dental tech in the US and some of the quality of work I have seen from the dentist is so terrible as to be considered criminal. There are of course very good dentist over here. I paid 1.2 k for a crown two years ago. Btw I would suggest if you get a new crown to go for gold. They will not break like zirconia will eventually.
Im 50 years old who had two houses paid off in new York city. My main house where i lived i sold it and put that money in a 5% no risk ira with capital one and also with sofi bank which gets me roughly 3000$ a month. Im collecting 4000$ a month from my other home that is rented out and i left new York for south America 2 years ago and don't regret it one bit. Im renting a Miami style brand new high rise brand new condo for 300$ a month. I feel like a millionaire here. Its almost impossible to spend 2k a month. I dont miss the USA at all life in general as a human being feel normal again dating feels normal again. Im not sure what happened in America but life wasnt fun anymore. People were anti social in the usa. It was a lonely life in the usa. The average American male no matter what age no matter how rich or how poor lives like a castrated caged animal 💯. Great videos man thank you
What is the name of the health insurance company you use that charges $100 a month, and does it have an age limit, as I am a 75 year old single American woman heading to Malaysia from Thailand when my visa expires on the 21st of June.
This is a good question This is from the web: Yes, military retirees can use TRICARE overseas through TRICARE Select Overseas or TRICARE For Life (TFL) Overseas:
I’m traveling on tourist visas only It gives me variety for the channel Otherwise I would look into longer options Indonesia just started a one year digital nomad visa !
Another awesome video. Never really had a proper plan for retirement. Then long term married Wife passed in 2017. Took over a year to regroup and plan. Came to Thailand mid 2018 and met a grest Thai woman. Things worked out and we've been together six years. Has been awesome. Every day great. Don't listen to the idiot naysayers in the US wjovsay you xant retire. Retirement overseas a much better quality if life at a fraction of the cost. You can do it!! Plan, do your research, go overseas and check how things actually are. Great video.
Depending on the U.S. Social Security system to provide retirement income is foolish. Not because it will fail -- the government could not possibly allow this to happen -- but because the SS system just doesn't provide enough income to live in retirement. As you have said in many of your videos, plans in addition to SS income are needed.
You CAN build $1,000,000 in wealth on the average income in 10 to 20 years. And if you move to a low cost country, you’ll need way less. Imagine if you do it in 12 years, at 20 years, you'll have $2-$3M! The earlier you start, the earlier you can retire. If you don't act and keep running on that hamster wheel, you will work to 65+ years old. This is not necessarily bad, as long as it is what you want. After all, we need these people to keep the economy going. Don't sleepwalk through life. Be deliberate in choosing your path. I still can't get over boiled iceberg lettuce.😂
Lucky that you are wise and single 😊 With kids mortgage car loans I m spending $7k each month and living pay check to pay check …. Having family make such moving overseas impossible … wife kids love American big car big house in American suburbs… I will be on hamster wheel till 70 😂
My own personal research indicates that good quality affordable accommodation such as hostels and hotels in Malaysia are a bit of a concern compered to Thailand and Vietnam.
My daughter flew to Thailand just over 1 year ago, May 8, and I've paid for everything so far. Her mission was to find a place where I might retire. After months of searching, her conclusion was that Koh Samui was the place. Then she found Koh Phangan and just rented a 1-bedroom detached house on a big corner lot in Thongsola, 10,000 THB/month, and she loves it. She lives modestly, and it has cost me ~$1,900 per month so far, including border runs, visa fees, and everything. It's taken me longer to leave, and Im still here in a Chicago suburb where my RE taxes increased this year from $16,100 to $17,800.
I can tell from your videos that your life has been very influenced by Buddhist teachings (as has mine). Maybe sometime you can do a video about the 3 poisonous states of mind, (anger, attachment and ignorance) and how avoiding these 3 toxic mind states enables you to live a happy, contented, minimalist lifestyle. So many of the problems we face can be avoided by being mindful of these potential pitfalls. Love the channel ✌️.
Amen...you can rely on NOBODY but yourself!...and you are right..95% of Americans love misery..America is the best country in the world..said everyone in 1990
@@RetireandGo its crazy to wait until 70.. work 50yrs and enjoy maybe 5 until you are tired... the government has done their math...if its "a good deal"..it really isnt!
Do we really have freedom and control? Aren't we just swapping one lifestyle with another which is now restricted geographically (cheap countries like SE Asia), politically (visas and visas run), family/friends (many to none close by) and other comfort (that car in the driveway to public transports). I know which life is more sustainable. You can't travel and live like this as an economic migrant till you are 60 or 70s.
It’s like sports You can’t play in the pro league forever But you don’t let it stop you now Go Travel No excuses or what ifs In my 50s it’s go time globally
i has before live and working in malaysia and need say , not my option stay reitree, all cost same than europe, totally expensive live small retiree money, need 2000-30000$/month minimum if want live comfy good pension life in malaysian, i has test nd live and working 27 country and looking were can stay live retiree, and Thailand have only were have perfct live old time good and comfy. no malaysia,no philippines,laos,china,spain,israel,romany,poland,all europe country NOT, worst have cambodia,laos,malaysian,vietnam,korea,china, not normal western men good countrys all, need too lot money can live comfy perfect good life, but Thailand i has go back again and again because can live perfect dream life less than 2000$/month. but need invest own house,car,motorbike first and maybe Thai wife ,help you lot if marry local.
Thank you for your insights and educational video. I agree retirement is possible and you are right sell everything and invest. Mahalo
Yes, it worked out
A radical move I know haha :-)
Hi, I’m a local KL resident. I enjoy this conversation. I used to jog at the park before the pandemic. Now I spend most of my free time attending my property in nearby rural KL….in preparation for retirement and passive income.
You are doing the right thing
Outstanding!!
My wife is from Malaysia. We plan on applying for the MM2H program when we retire. Appreciate your no-nonsense and straight talk about the benefits of living abroad. Mahalo.
Oh! Keep us updated
That’s good plan
Wisest words ever...True freedom is when you are in control of your own time/life....
I agree
Total control of our time
Love Malaysia, best food in all of Asia, maybe the world - roti canai and teh tarik for breakfast everyday thanks. Cheap, good quality accommodation, perfect combination of culture, and development/infrastructure. I'm an Aussie expat currently living and working in Bali, but Malaysia is still my long term goal for retirement.
The food is really good true
I do enjoy the traveling budget videos
Absolutely!
Have a good day
Hey Christopher,
Just heard on another YT channel, Thailand now has 60 day stays for Visa exemption countries!
Yes! Im very excited for this !!
Malaysia is 90 days 😄😄😄
Another Hawaii retiree living in Asia since Jan 1st. Sold everything, living stress free and traveling through Asia. I too have had a life changing experience. Have lost 10 pounds, pretty much off all my meds (Blood sugars almost normal, B/P as good as it’s ever been in the past 20 years). My outlook in life was more positive. When I started this journey, I was not sure how long I was going to take. I enjoyed my work (medical field), but was not really aware how it was affecting my health. Was contemplating working another year, kind of a working vacation in Alaska or overseas. Now I realize I can't go back to work, and if I had remained, I truly feel it was somehow lead to worsen health, dependence on more meds. I am really enjoying this journey.
Keep up the great work,
A Hui Hou
I understand
I feel similar
It would be tough to go back to work now
A warm aloha to you
Another educating and entertaining video. It’s nice being able to make decisions on your own vs a partner with opposing views. The ending blooper was really funny.
Haha
They are fun to keep and show sometimes
Spot on. Rehabbing from a crushed ankle, one kid beginning senior year, been planning traveling in retirement for over 25 years. T minus 2 years at most & my wife & I will be on the international traveling trail!!!!! See you soon!!!
I’m very excited for you !
You are planning and on your way
I’m sorry you are dealing with the foot injury!
Absolute banger once again! Still binging through videos and I’m loving it!👏🏾 love the bloopers as well! Those are always fun to add in and look back at haha😂
Thank you so much :-)
Yes I try to keep those clips when they happen haha
Americans take what is dished out. They accept working until 85, spending $12 for Starbucks coffee, and the intense stress is normalized. When I left the US I was bullied, shamed. I didn’t comply. I had a clear vision to redefine my life after I helped my partner die and my mom die. Both of those experiences taught me to go all in with the lifestyle I want. The clock is ticking. Now I slow travel SE Asia and I feel move vibrant, more Alive, more interesting to me, and I’ve set the table for a feast of life. I became a minimalist which made me feel so free. This year I’ve been to Phillipines, Vietnam, Hong Kong, Thailand and headed to Indonesia and beyond. I feel like I’m 20. Get busy living or get busy dying
I’m glad you found minimalist living
It has helped me relax and be less stressed
Things pretty bad here in the U.S. but very few people are working until they are 85. And a cup of coffee at Starbucks is under $3. But its good to hear from someone who is enjoying the slow travel option in Asia. It is my plan as well.
@@earlmyers2874You can do it!
Greetings from Ireland 😎👍🇮🇪.. well done … am curious to know how old you are .. am hoping to follow your example
A vigorous 69
Have been watching the videos...thx for comments..
You are most welcome
Have a good day
Income ETFs that have yields between 6% and 10% or more are: REITs, covered calls options, preferred stocks, BDCs, MLPs, closed end.
They are great
I have ABR and O
Yourself?
@Retire And Go I agree with you totally that it's possible to retire early. You just need to make the decision and mindset and not have any guilt feeling looking at others who are still slogging their ass off past retirement age. Life is unpredictable and no amount of planning can make you prepared for what is to come. It's only your decision and adaptability that can give you the life of your dreams. 🎉
That is a true situation
You can’t fix the world , you can be an inspiration to the world :-)
Another great video. Super job
Very kind of you
Thank you
Awesome!!👍🏻 Enjoying another great and informative video of yours!! Thank you so much for all your amazing videos that're packed with great information. Please keep up the great work & keep them coming 😊. You're absolutely correct. Nobody is in charge of our future, it's us who must be responsible. Take good care. Cheers!
You are most welcome!
I wish you a fantastic weekend
Same to you! Thank you🙏🏻
I need you to go to Eastern Europe and do some research for me please. Latin America and south east Asia are just too hot and sticky for me. I need some cooler weather.
Good point
I’m thinking 2025
@@RetireandGo Albania, Slovenia, Croatia, Serbia, Montenegro, Georgia
@@janitoronfire thank you !
Terriffic! You are psyching me up! Looks like you have a great life over there,.
Yes stay motivated!
Have a good weekend
I spend around 40-50USD per day in KL. That is for a nice one bedroom apt with balcony, utilities and my daily expenses. I spend less then I bring in. I also saved a lot and have a lot of investments with no debt. I don't have a car here. I just use public transit and sometimes grab. I am from California and I don't miss it. I am 43 and retired. Will be going back to Thailand soon since they now have the 60 day exemption.
I see
The main thing is that it’s working for you
Good for you.
Is it cheaper and less headache to stay in a hotel long term all inclusive Vs. Apartment ?
@@MountainGoat67 Hotels tend to be more expensive compared to an apartment. If you are doing a short stay you can do either. There are no shortage of apartments or hotels in KL for all budgets. If you prefer to have a kitchen, washing machine and more of a home feeling then go with an apartment. There is also less turnover in the apartments compared to a hotel so you get to know some of your neighbours. For longer term I would go with an apartment.
@@DamienYuen7718 ok. I don’t think they would rent an apt for 3 months or less. I was told AirBNB is getting pricier nowadays.
I have zero debt. I have not owned a credit card of any kind since 2015. I have a 3 figure savings account. Just over 250k in the TSP...half of which is Roth invested. Just under 78k in EV Stock investments. A 30% VA monthly compensation of which will soon be increased. And I will be receiving 40k monthly FERS pension eligibility this coming September if I decide to retire at 56 years and 8 months of age. It is time to get out of the rat race and in to southeast Asia to enjoy life.
Nice!
You deserve it
You have been a responsible person and it’s time to enjoy your life :-)
We are going for our first trip to Malaysia next summer. We have done Ecuador , Portugal, Madeira and the Azores. Each had some great attractions and benefits but none hooked us yet.. Ecuador in particular was stunning but way too chaotic. I have been looking closely into the S- MM2H program. Enjoy your videos and enthusiasm - thank you!
You have done some wonderful traveling !
Thumbs up 👍 Chris
Thank you so much :-)
I just came back from Japan and so surprised it was so affordable...u need to go and visit and do a video😛
This is good news!
The yen is at a point that Japan is affordable
I need to get over there
@@RetireandGo Also have you seen the just announced 5 year Destination Thailand Visa?😍
Great video as usual, the gig is up here in USA , more and more folks are discovering the world and its lower costs through creator's such as yourself! The calvary isnt coming for anyone for sure. Movement is life, climbing on the horse and riding out scouting August then from there , relocating. Thank you for all the work and time you invest for us to have the opportunity to watch your content. The blooper ..omgoodness 😮lol.
Good way to put it! No calvary haha
Well said
A great video and giving hope to those who are thinking they cant do it.
Thank you so much
This is my thoughts as well
That affordable claypot dish is pretty famous there!
Yum! So good
Wait a minute did you just say the five and dime shops . 😂 Love it , I used to go there with my parents back in the day .
I was talking to a friend about how nice it is in South East Asia and he thinks it’s a third world country . I laughed and said we are living it a third world country compared to SE Asia . 😂
I’m just sick of the crime , the inflation and ooh I would love to go a day without hearing about politics .
Good video …
Yes I think you will find a return to peace and people treating each other with kindness in Asia
Aloha Hawaii 5 0. Jack Lord. Bro I luv yr video clip n facts abt retirement. You must come to Penang Island, Malaysia for the food and heritage. Cheers
I’m working on Penang for later this year
You’re killin’ it brother…great content again.
Very kind !
Thank you :-)
Good financial advice
Just what I do
I can’t advise anything
I’m just an investing dude :-)
Living the dream l retired 10 years ago and living in the Philippines now could not afford my lifestyle in Australia
Oh this is great!
The Philippines is a good choice
I heard Sydney is expensive
@RetireandGo,
How do you look for $16 hotels in Kuala Lumpur, do you use Google map or something else, thank you in advance 😊
Try Expedia
Search KL
Go lowest price first
Scroll down to around $16
That’s a good range for me
Not luxury but nice :-)
Must plan at 50 years old not when you reach retirement next year.
Good point
Plan ahead !
Retirement plan, saving and investment plan are very important in life. Some people are lucky to educate and prepare themselves early, but some people still have to struggle going through the retirement.
You mentioned you are from Hawaii, interesting. Back in the days working in ISIS Malaysia, a government think tank, I was assigned to be the personal assistant to Professor Valencia, from the University of Hawaii, he was working on the spratly island issues in the Southeast Asia. I also had few colleagues from USA, one from Texas, and another one from NYC. Before I left ISIS Malaysia to join KLCC in 1993, I was assigned as the personal assistant to two Harvard Dons from the University of Harvards. Professor Vincent was doing a paper and research on Malaysia economic sustainability and Professor Snodgrass was doing a paper and a research on the Malaysia economy miracle in the 1990s.
I agree
Saving and investing to build the future !
@@RetireandGo Yes, wonderful. 😀
Invest in income ETFs and use dividends to pay for living expenses. Any money left either to reinvest or invest in growth ETFs.
Nice!
This is the way
I’m interested. I have to find a way to bring my 3-cats over. I’ve been early retired, but I’d like to live a bit better than I can in the states.
Interesting
Keep us updated on the plans and how it goes
Investing for retirement seems like the best place to start
I think so too
Start building your own future
You are right. I am talking to an accountant now to get essentials in order...tax mitigation for one. On the investment side, I am creating a balance portfolio of stocks, dividend paying stocks and ETF's. Yes, getting out of debt is crucial. I need to go back and review your videos on divident paying stocks and basic materials oriented EFF's. I am also somewhat into a few growth stocks...but I moderate.
Outstanding!
That is the way
Keep us updated
$2000/mo expense requires an annual 6% return from a $400,000 investment. He's right. Don't rely just on government pension.
Dang right !
Yes yes
By adopting "Die with Zero" financial approach, we would need much less money to retire by projecting and adjusting our spending budget based on life expectancy on any given year. I don't want to Die Rich. I want to Live Rich !! My turn to retire early coming up next year to join you. Can't wait.
You forgot taxes!
@@TimeToTravel-u2x oh yes true
My income is from two sources mainly
Dividends ( federal tax free)
Rent income ( under US standard deduction of $14,000 )
My tax annually is very low
@@MountainGoat67 interesting!
I understand what you are saying
For me I want to live off dividends so I never touch the principal
But I know what you are saying
It's like you're talking about Australia when you talk about the USA. The reality is nobody is coming to help us retire and live the way we want. Great video. Am thinking about Malaysia now.
The $16/month rental is based on a monthly or long term agreement right?
I totally agree with you
It’s going to take radical actions
Some people say “wait for the collapse”
I’m like , heck no haha
Australian govt tax the retirees sverely
Can you expand or talk about what Cain of cell phone services do you use ?? Please and thank you. 🙌🙏😎🇵🇦🌎🤗
Oh nice question
I use an international service or WiFi as I travel
I use more data than most people, lots, so I think just a small SIM card works for most travelers
Thoughts ?
I spent $750 last month in Thailand, this month I spent $900 with a motorbike and splurged on everything (at least in my opinion). Putting more cash away now than I have in decades. Unfortunately, it looks like we are being taken into some severely sinister financial times so all of this may come to an end for all of us and the ones who didnt save may end up laughing at us. Hopefully this wont be the case.
You are doing great
Enjoy life
Fantastic!
@@RetireandGo When I first came to Thailand I had already seen the movie about the guy who did time in a Thai prison and also before I lived in Turkey I saw the movie Midnight Express so I was a bit hesitant on both countries, however 2, 3 weeks after being there all that fear was gone (I could also add several more countries to the list). Then I look at all the people being arrested for drugs in the USA, all the homeless and all the crimes people commit due to laws they (the law) should have under control already. Its a total racket and living in the USA is like being a fish in a barrel for them. I was out of there a long long time ago "baby"! Since I was in the service right out of High School I knew there were better places out there, unfortunately it seems as though those countries are now being destroyed as well so you have to be mobile.
Amen !
A warm aloha to you !
What an inspirational video. Question. What do you do when your driver license needs to be renewed and your overseas? Minor thing but I’m just curious. Thanks and I’m looking forward to seeing the next video 🤗
Great question
I go back to the US for Christmas so it’s easy to update paperwork and licenses
This latest video was shot in what appears to be a beautiful park somewhere in K.L.. What is the name of the same please?
Thank you.
Perdana botanical gardens
@@RetireandGoBro try visit this two garden/park : Taman Tasik Ampang Hilir and Taman Tasik Titiwangsa
I’m sure you’ll love it…
Love you bro
Very kind of you :-)
Retirement is still a real thing - but it's all on yourself to to make it happen.
Also don't count on any government to honor their retirement or other obligations.
Everyone should learn about investing and diversify. I ignore the mass media news and pay attention to my own interests.
I only care about good meals in great places with happy people not the latest distraction.
I agree
Don’t rely on government
Build it yourself
Yes, I've been travelling to Malaysia, Penang is my favorite! Will see how the MM2H visa goes, still too expensive $100K US deposit in a Malaysian bank is a big ask for most retirees. Philippines $10K US and $1000 US income and you qualify over 50!😁
Interesting
Is that the visa buy in? Dang
100 grand
@RetireandGo It recently was changed, but realistically, I think it will be reduced. It's less in Borneo, and you only have to stay 30 days a year there.
@RetireandGo I met with a visa company in Penang. Georgetown has an awesome vibe and relaxed 😌
@RetireandGo I'm going to travel around a bit and see, but the Philippines does have a good retirement vise at present. Lots of options, mate 👍😊
Dude you should be working for the Malaysian tourist board. You really sell your lifestyle and Malaysia.
You seen happy contact and revitalised.
Congratulations bro ! Enjoy your life man which you are.
Trying to find a way to Malaysia as well until the MM2H program is sorted out.
It’s a great program for sure
Keep us updated
Yes Malaysia is a wonderful place to chill though the year
It has become part of my life
Malaysian tourism board is a "dead" agency.
I like the profound thing you said, "Life changing affordable". Awesome. Do you have a buy a coffee page or email for contact?
No buys that I can think of
Let me know if I misunderstood your question I will answer it
Buying a coffee is when someone would like to send you a "donation" in support/appreciation of your channel.
For a single person, $2000 u can actually live luxury here without any commitments ie property and car.
True
Live affordable and happy
Another great video! Well done! 👏
Now a couple of questions:
* Could you please share the name of the insurance company use for medical treatment?
* With the cost of dental treatment in Malaysia not be cheap🎉er than Thailand?
I had dental in Thailand so I have those numbers
1. Cleaning $35
2. Crown $460
Incredible!
Pattaya international dental clinic
It's very beautiful there. BUT I don't know about the HEAT!! I have to work if I stay in the USA. I have to 'start over' but I do have a fully paid for home.. but no cash.. at all. So my only options are to wait another year to get SS at 62, and then attempt to live on that with a part time job to afford the taxes, insurance on the house and health insurance. OR sell the house and travel to somewhere like Malaysia or Thailand. I do not want to invest my money in some nefarious pie in the sky.
Sounds like a plan. I am malaysian. I am 56 now. 4 more years to go.
1. I put 700k ringgit into fixed deposit but interest is low at 2.4%
2. I hv a pension fund with about 620k ringgit now. But interest is higher between 5% to 6%.
3. I do have a house. No mortgage. Market value uncertain.
I do not have the privilege of having a strong currency like usd. So I know I hv to stay in malaysia. 1 usd = 4.7 ringgit now.
Sell your house. I sold mine in California and said goodbye.
True the heat is real
You will adapt though
Hi Chris, another great video. I'd love to know what your net worth is that is powering your retirement? Cheers, Ian (UK)
Thank you!
I target $2000 a month in dividends
That’s solid for Asia retirement
@@RetireandGo Are you going to be focussing your videos mainly on South East Asia or will you visit other low costs destinations like Central & South America, India, Eastern Europe, Middle East and Africa? Cheers
@@RetireandGo is that $2000 a month for just you or a couple? If just you, what would you reckon a couple woul dneed per month? Thanks
@@ianwhittaker3041 oh yes
I was in Latin America early this year
I want to go to Costa Rica and Argentina again haha
Also Eastern Europe
How did you find Chile overall when you visited? In comparison to the surrounding Latin American countries?
My wife and I are both in the Canadian military and have over 30 years of service between us. We are both being medical released in 1-2 years and will have an indexed amount of around $4k (converting here - USD) indexed to inflation per month.
We are in our mid 30s and plan to move to Chile as Canada is collapsing under unchecked migration. Chile seems to have everything we could want - looking to start a business.
Do you see any flaws with our plans? I joined the army at 17 and it sucks to have a lifetime injury but it will be worth it once we are free. 🎉
Argentina is the place
Go this year
Seriously
@@RetireandGo are they similar countries minus for obvious difference in cost of living?
hi, great information. one question is you mention health insurance , which company do you use, would you recommend them. nice to know your covered in case of emergency. regards
I have used three companies all cost about $100 a month
You can google the top travel insurance companies for Southeast Asia
They are pretty good
Man I really love your channel! Please keep it up! Have you ever considered doing a meet up event somewhere?
I have thought about it but I’m traveling so much
In real life I can be an introvert too haha
3 grand for a for zircon crown is insane, that must be a Hawaiian added charge? I work as a dental tech in the US and some of the quality of work I have seen from the dentist is so terrible as to be considered criminal. There are of course very good dentist over here. I paid 1.2 k for a crown two years ago. Btw I would suggest if you get a new crown to go for gold. They will not break like zirconia will eventually.
That’s a good price !
1200!
Nice
Im 50 years old who had two houses paid off in new York city. My main house where i lived i sold it and put that money in a 5% no risk ira with capital one and also with sofi bank which gets me roughly 3000$ a month. Im collecting 4000$ a month from my other home that is rented out and i left new York for south America 2 years ago and don't regret it one bit. Im renting a Miami style brand new high rise brand new condo for 300$ a month. I feel like a millionaire here. Its almost impossible to spend 2k a month. I dont miss the USA at all life in general as a human being feel normal again dating feels normal again. Im not sure what happened in America but life wasnt fun anymore. People were anti social in the usa. It was a lonely life in the usa. The average American male no matter what age no matter how rich or how poor lives like a castrated caged animal 💯. Great videos man thank you
This is awesome !
You are well set up
You deserve it
You worked hard and invested like a responsible adult
I agree with you
Men need to get out of the west
We'd move to Malaysia in a heartbeat but visa's are so difficult.
You can try borneo. Peninsula is expensive and strict
@@keangwooichoo6138 Thanks, will look into it 👍
Start with 90 days on arrival
Them pop over to Thailand and return
What is the name of the health insurance company you use that charges $100 a month, and does it have an age limit, as I am a 75 year old single American woman heading to Malaysia from Thailand when my visa expires on the 21st of June.
I have used three now
Google top travel insurance companies for Asia
They all have a $100 plan
That’s the sweet spot plan I think
Health insurance is $ 400 a year
Fantastic!!
Do you know if one can use Tricare in Malaysia?
This is a good question
This is from the web:
Yes, military retirees can use TRICARE overseas through TRICARE Select Overseas or TRICARE For Life (TFL) Overseas:
On what basis are you in Malaysia currently.
I've read that the MM2H visa has been suspended as they are in the midst of changing the entry criteria.
I’m traveling on tourist visas only
It gives me variety for the channel
Otherwise I would look into longer options
Indonesia just started a one year digital nomad visa !
Another awesome video.
Never really had a proper plan for retirement.
Then long term married Wife passed in 2017.
Took over a year to regroup and plan.
Came to Thailand mid 2018 and met a grest Thai woman.
Things worked out and we've been together six years. Has been awesome. Every day great.
Don't listen to the idiot naysayers in the US wjovsay you xant retire. Retirement overseas a much better quality if life at a fraction of the cost.
You can do it!! Plan, do your research, go overseas and check how things actually are.
Great video.
Oh my
God rest her soul
Thank you for this comment
@@RetireandGothanks. all good now. Was screwed up for a while.
Keep up the good work and videos.
The Malaysian research shows that a couple under MM2H visa spends $1271 per month
Locals obviously spends far lower
Interesting! Thank you
I love visiting KL :-)
Anyone know the best backpack carryon plane to travel
I’m using a Burton pack
The link is in the description for more data on it
Please keep us updated what you find and buy :-)
Make sense. Make money in USA. Save for pension. Quit and retire in South East Asia. But how much to retire?
Well, enough to have 2000 a month passive income
I’m living on $24,000 a year
What are your thoughts ?
What about the price of an apartment in KL or another nice city ?
KL is modern you should be able to find a nice place
I stay at low cost hotels
Are you thinking air bnb?
Depending on the U.S. Social Security system to provide retirement income is foolish. Not because it will fail -- the government could not possibly allow this to happen -- but because the SS system just doesn't provide enough income to live in retirement. As you have said in many of your videos, plans in addition to SS income are needed.
Good point !
Build our own retirement
I've retired plenty of broads! 😂 JK! Love your message.
Wild man haha !
What about the women? Affordable? Or do you avoid that sort of thing?
You can chat with and meet women all around Asia
Dating is lower cost here
Meals and movies and live music is a fraction the costs of the west
My government gives me when I'm 66 years old 1.500 dollars every month
Nice! Gravy on top I say
That’s great
I haven't traveled to any country. I am scared of living in a strange country that i don't know anything 😆
I understand
Please try one country and just feel it out
Thailand is a good first stop
You CAN build $1,000,000 in wealth on the average income in 10 to 20 years. And if you move to a low cost country, you’ll need way less. Imagine if you do it in 12 years, at 20 years, you'll have $2-$3M! The earlier you start, the earlier you can retire. If you don't act and keep running on that hamster wheel, you will work to 65+ years old. This is not necessarily bad, as long as it is what you want. After all, we need these people to keep the economy going.
Don't sleepwalk through life. Be deliberate in choosing your path.
I still can't get over boiled iceberg lettuce.😂
Outstanding!
I loved reading this
Lucky that you are wise and single 😊
With kids mortgage car loans I m spending $7k each month and living pay check to pay check …. Having family make such moving overseas impossible … wife kids love American big car big house in American suburbs… I will be on hamster wheel till 70 😂
You are doing the right thing
Being a good father and husband
I honor and respect you
USD2000 living in Malaysia is considered luxurious...
I think it’s plenty for sure !
My own personal research indicates that good quality affordable accommodation such as hostels and hotels in Malaysia are a bit of a concern compered to Thailand and Vietnam.
Well I understand
I stayed in three that were under $16 a day
That’s pretty sweet
@@RetireandGo I'm going to KL soon, can you please provide the names of the 3 $16 hotels you've stayed at 😊
Most can't retire in Malaysia. Even if they wanted to. You need more than a little money to retire in Malaysia
1500USD per month and one could live very good here. Bump it up to 2000 and live even better.
@@DamienYuen7718 you need to invest in Malaysia to retire. It's not cheap for many
@@travelandchange6680 You don't have to invest here if you have/made your own money elsewhere. But I understand for some it's not possible.
Well I say start by traveling and finding the right place
@@RetireandGo I lived in Malaysia for a time and visit there still regularly
It’s the mad lizard of Malaysia! 😂
Yes haha
They will get me
🎉🎉😅😂❤
A warm Aloha to you !!
My daughter flew to Thailand just over 1 year ago, May 8, and I've paid for everything so far. Her mission was to find a place where I might retire. After months of searching, her conclusion was that Koh Samui was the place. Then she found Koh Phangan and just rented a 1-bedroom detached house on a big corner lot in Thongsola, 10,000 THB/month, and she loves it. She lives modestly, and it has cost me ~$1,900 per month so far, including border runs, visa fees, and everything. It's taken me longer to leave, and Im still here in a Chicago suburb where my RE taxes increased this year from $16,100 to $17,800.
She is the forward scout team !
I like it
Is Beetlejuice still the Major of Chicago?
@@wills9732 No, someone even worse.
@@wills9732 lol !
I can tell from your videos that your life has been very influenced by Buddhist teachings (as has mine). Maybe sometime you can do a video about the 3 poisonous states of mind, (anger, attachment and ignorance) and how avoiding these 3 toxic mind states enables you to live a happy, contented, minimalist lifestyle. So many of the problems we face can be avoided by being mindful of these potential pitfalls. Love the channel ✌️.
Yes you are correct :-)
Thank you for this comment
Chat anytime !
Amen...you can rely on NOBODY but yourself!...and you are right..95% of Americans love misery..America is the best country in the world..said everyone in 1990
It really is true
We have to take our retirement into our own hands
@@RetireandGo its crazy to wait until 70.. work 50yrs and enjoy maybe 5 until you are tired... the government has done their math...if its "a good deal"..it really isnt!
It is in the blood of Americans to seek refugee in foreign lands.
Interesting thought! It might be indeed
Do we really have freedom and control? Aren't we just swapping one lifestyle with another which is now restricted geographically (cheap countries like SE Asia), politically (visas and visas run), family/friends (many to none close by) and other comfort (that car in the driveway to public transports). I know which life is more sustainable. You can't travel and live like this as an economic migrant till you are 60 or 70s.
It’s like sports
You can’t play in the pro league forever
But you don’t let it stop you now
Go
Travel
No excuses or what ifs
In my 50s it’s go time globally
i has before live and working in malaysia and need say , not my option stay reitree, all cost same than europe, totally expensive live small retiree money, need 2000-30000$/month minimum if want live comfy good pension life in malaysian, i has test nd live and working 27 country and looking were can stay live retiree, and Thailand have only were have perfct live old time good and comfy. no malaysia,no philippines,laos,china,spain,israel,romany,poland,all europe country NOT, worst have cambodia,laos,malaysian,vietnam,korea,china, not normal western men good countrys all, need too lot money can live comfy perfect good life, but Thailand i has go back again and again because can live perfect dream life less than 2000$/month. but need invest own house,car,motorbike first and maybe Thai wife ,help you lot if marry local.
Thank you for this comment
I appreciate it