Jump to content

My Retirement Plan


billyboy

Recommended Posts

Billy; with a requirement of B 50,000/mth (600k/year) (in todays money) the conservative rule of thumb is that you can withdraw about 4-5%/year+inflation from a well diversified stock/bond portfolio and survive a looong time without even eating the nest egg. So you would need about 12M Baht being USD 300.000. If you want to buy a condo in Pattaya that is from Baht 1M and up depending on size/location.

With your current net worth and income/savings potential you should be closer to USD 1M in 20 years time.

note: Things like medical insurance might go up in cost faster than general inflation.

Cheers!

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...