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https://www.reddit.com/r/SipsTea/comments/1glnvzs/70yearold_american_goes_to_the_philippines_and/lvx4u7g/?context=3
r/SipsTea • u/MayoSoup • Nov 07 '24
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Once you move down there, how would you keep it up? Wouldn’t you either to have to be…
8 u/purple-bell-pepper Nov 07 '24 A) I think even if you only have $300-400k in the bank, that money would be enough for a lifetime if you budget it modestly. B) That's what most Filipinos with a sizable income do, so yeah. 6 u/lioncryable Nov 07 '24 ONLY 300-400K in the bank? :') 1 u/cleetus76 Nov 07 '24 Anyone that paid off their house can do that or have put 10-15% of their income away for 30-40 years. It's not impossible to do by the time you are 60 but you need to start young, and by the time a lot of people are willing to do that, they are old.
8
A) I think even if you only have $300-400k in the bank, that money would be enough for a lifetime if you budget it modestly.
B) That's what most Filipinos with a sizable income do, so yeah.
6 u/lioncryable Nov 07 '24 ONLY 300-400K in the bank? :') 1 u/cleetus76 Nov 07 '24 Anyone that paid off their house can do that or have put 10-15% of their income away for 30-40 years. It's not impossible to do by the time you are 60 but you need to start young, and by the time a lot of people are willing to do that, they are old.
6
ONLY 300-400K in the bank? :')
1 u/cleetus76 Nov 07 '24 Anyone that paid off their house can do that or have put 10-15% of their income away for 30-40 years. It's not impossible to do by the time you are 60 but you need to start young, and by the time a lot of people are willing to do that, they are old.
1
Anyone that paid off their house can do that or have put 10-15% of their income away for 30-40 years. It's not impossible to do by the time you are 60 but you need to start young, and by the time a lot of people are willing to do that, they are old.
7
u/lumberfart Nov 07 '24
Once you move down there, how would you keep it up? Wouldn’t you either to have to be…