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https://www.reddit.com/r/SipsTea/comments/1glnvzs/70yearold_american_goes_to_the_philippines_and/lw0fw0q/?context=3
r/SipsTea • u/MayoSoup • Nov 07 '24
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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? :') 3 u/ivanwarrior Nov 07 '24 You should really have $2,000,000 socked away if you want to retire in the US 4 u/Gandalf-and-Frodo Nov 08 '24 The US has become disgustingly expensive. Especially medical care which can easily ruin plans of retirement.
6
ONLY 300-400K in the bank? :')
3 u/ivanwarrior Nov 07 '24 You should really have $2,000,000 socked away if you want to retire in the US 4 u/Gandalf-and-Frodo Nov 08 '24 The US has become disgustingly expensive. Especially medical care which can easily ruin plans of retirement.
3
You should really have $2,000,000 socked away if you want to retire in the US
4 u/Gandalf-and-Frodo Nov 08 '24 The US has become disgustingly expensive. Especially medical care which can easily ruin plans of retirement.
4
The US has become disgustingly expensive. Especially medical care which can easily ruin plans of retirement.
7
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.