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Fairly large nest egg needed to retire comfortably in Thailand

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31 minutes ago, BritManToo said:

We already saw what happened during the weakening power grid in the USA last winter.

Those same conditions wouldn't hurt most elderly Thais at all.

Wonder what will happen in Europe and the UK next winter if there's no Russian gas or oil?

It's going to be interesting to see how things 'evolve' if Russia defaults in May on their loan obligations.

More so, how the financial markets will use that to screw the rest of the world.  Except providing energy to EU, Russia is a big nothing in the grand scheme of things.

 

But the slightest MSM hysteria will be milked for all it can.

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    This "tradition" may well have declined over the years, however I still feel very sorry for quite a few women I know here, who are constantly being asked for money by their parents, and they simply do

  • My gf had to at one point tell her parents she couldn't any longer just hand over everything she made in Bangkok to them and the other country relatives, who would never stop asking. She started a bus

  • True. Show me an average Thai person who has 100,000 baht saved up, let alone 3,1Million

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52 minutes ago, GarryP said:

Obviously that went straight over your head. 

No, I get it and I gave my 2 cents.

On 4/14/2022 at 2:40 AM, BritManToo said:

Works out at 7,700bht/month.

For a rural farmer on the family farm that would be plenty.

Another 600bht pension, free electricity, grow some rice, fruit and veg.

 

Plenty or just not complaining about it.

On 4/14/2022 at 10:47 AM, KhunLA said:

If I make to 75 ish (8 more yrs) I'll be quite happy.  

Interesting concept... will you be quite happy as you lie on your deathbed at 75 yo, or just after you pass? It is about quality of life isn't it.. health is important. 

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38 minutes ago, jacko45k said:

Interesting concept... will you be quite happy as you lie on your deathbed at 75 yo, or just after you pass? It is about quality of life isn't it.. health is important. 

Yep, if something goes wrong down the line, I have no desire to live a few years longer, but not mobile or coherent.  Don't want to be a burden, waste money for couple c r a p p y years in discomfort.  If I can't take care of myself, I'll take matter into my own hands.  Simple and painless enough.  Wife already has instruction if major oops along the way.  She an Atheist also, so no conflict.

Well said (the last post). I also have plans like you. Who wants to be a burden on anyone or have a low quality of life? Some people couldn't bring themselves to do it, but I think some can (and do)!

 

2 hours ago, Stray Cat said:

Well said (the last post). I also have plans like you. Who wants to be a burden on anyone or have a low quality of life? Some people couldn't bring themselves to do it, but I think some can (and do)!

 

It is also my plan, but when it actually comes to that time I am not sure whether I will be brave enough to  follow through. I also think that with declining faculties, such as senile dementia, alzheimers (sp?),  some may not even remember that they intended to do it. Those will continue to live on not realizing the burden they are to others.  

2 hours ago, GarryP said:

It is also my plan, but when it actually comes to that time I am not sure whether I will be brave enough to  follow through. I also think that with declining faculties, such as senile dementia, alzheimers (sp?),  some may not even remember that they intended to do it. Those will continue to live on not realizing the burden they are to others.  

Are you doing enough to reduce the risks of dementia and Alzheimer’s? You seem to have a plan going forward. 

3 minutes ago, Eric Loh said:

Are you doing enough to reduce the risks of dementia and Alzheimer’s? You seem to have a plan going forward. 

I have no idea what I need to do to reduce the risks. Probably look into it once I retire. All I know is that it does not appear to be an issue on either my father's or mother's side of the family so at least the genetic aspect is in my favor. 

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22 hours ago, GarryP said:

I have no idea what I need to do to reduce the risks. Probably look into it once I retire. All I know is that it does not appear to be an issue on either my father's or mother's side of the family so at least the genetic aspect is in my favor. 

I used to know what to do to prevent it but I forgot.

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