ARE WE TOO OLD TO ENJOY RETIREMENT?

When is Old too Old to Retire in the Philippines. Do you have Enough Money to Retire and how is Your Health. Don't ruin your retirement by Moving to the Philippines to Late in Life. Money Matters ‪@mikesphilippineretirement‬ ‪@DumagueteRentals‬
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[@fazbell]

I am nearly 74. I live in Thailand. I have survived prostate cancer and a brain cyst but I hadn't counted on how I might feel at the age I am now. Frankly, I feel awful. I can't walk more than two city blocks without sitting down. I am definitely in bad shape. Come earlier if you can, but if you can't, be sure you are healthy enough to have a good lifestyle.

[@mikesphilippineretirement]

thanks for sharing

[@3777177]

true any where you live....

[@Ironic_Jihad]

Your honesty is appreciated.

[@tomhunter2623]

I know I wish I came earlier. I am 73 now. I do enjoy my life but yes there are things I don’t do. Like go down 300 steps to see a water fall because you have to go back up those 300 steps. But I am ok with that. I do not know what is to old. Only I will decide when I am to old and go back to the states. I stay active have a scooter and travel around also start classes for diving I want to see if I can do it. There is no harm trying things. Mike may be correct 75 maybe too old. Will let you know in two years. But for now I am haveing a hell of a good life and living the dream. Philippines is a wonderful place to live.

[@mikesphilippineretirement]

thanks for sharing Tom

[@fenderbend3r]

I totally agree. If someone can, push to move to Philippines. No need to wait. Health is more important than anything else

[@mikesphilippineretirement]

Thank you for your comment I agree with you

[@Ladybug8899]

They say 60-70 is the go go years and 70 up is the slow go years. I think it boils down to one’s health and finances.

[@fenderbend3r]

Your level of stress in Philippines goes down a lot so you live longer there then staying in US with rat race. But yes, of course if you are financially capable retire or not definitely can retire to Philippines.

[@miketheman8169]

This is how you grew/grow your channel Mike. Just you and the camera spitting facts. Other videos I skip. Enjoy life everyone! :)

[@mikesphilippineretirement]

I appreciate that

[@boraborabob1]

No matter how you feel , money makes you feel better.

[@marvindockery-lo9cw]

I arrived in 2018 at age 77. Still doing ok at 82.

[@rustynail3630]

Expats should keep in mind one thing about Medicare. If you cancel it and decide you need it later, there is a 10% penalty for each year. So 3 years would be a 30% permanent penalty.

[@mikesphilippineretirement]

10 years it would double. If your good with your money no worries just save the $170 a month but if you spend what you have keep your Medicare

[@dukeman7595]

Age is subjective and determined by ones mindset. There are 40 year olds that act and appear as if they're 90. It's a mind meld so to speak, if you act and feel young and healthy, by all means go for the gusto, after all we only get one chance in this life, take advatage of it while you're able.

[@jerrymarshall2728]

I would have liked to come here at 62, but 3 years ago my late Filipina Wife was still alive. I’m happy with retiring and moving to the Philippines at 65. But I’m blessed with good health, for now

[@mikesphilippineretirement]

great to hear that. Will see you soon Jerry

[@Kzstraits]

Hi Mike. I have enjoyed your videos for a few months now. I don't post much. 65 currently and some health problems. I am scrambling to get there. There is a sense of urgency now. I already wish I would have started this 10 years ago. What is rather humorous to me is that the young guys know everything ( cough cough). Thanks you and Janet for all you do.

[@mikesphilippineretirement]

Thank you so much

[@herbwitt7710]

Mike I'm coming as soon as I get my SSI at 62. And my 99 year old dad has a factor on when I come to Philippines.also. ❤

[@mikesphilippineretirement]

family comes first Herb

[@geo525252]

60, 65, maybe even 70, you're probably okay. After that, you better be fit and healthy otherwise it's probably not going to be what you're hoping for. All that said, money matters. Younger and broke is as bad as old and broke down physically and mentally.

[@commonsenseisntcommon1776]

I'm 57, retired from the military and Federal service. I'll take my SS at 62. My only issue is both my parents are in their 80's and I dont want to be too far away from them if something happens.

[@mikesphilippineretirement]

family comes 1st

[@larrygraham3377]

Great video. Thank you so very much. I have often struggled with this question !!! I'm 71 years young and my wife is from the Philippines. Not sure if I want to live there because of my Medicare !!! However, the Philippines is always a wonderful place to visit !!! I really love it there !!! Again, THANK YOU for another great video !!! 😇😇😇

[@mikesphilippineretirement]

Glad it was helpful!

[@JenGioPhilippineJourney]

Plus I had the VA do my gastric sleeve surgery and I went from 387 pounds to right now 184 pounds I feel like 25 again. My diabetes went away and only bad habit I have is smoking 🚬 I don't drink no more Been over 10 years I'm active here fishing and walking. Get rid of the extra weight is the best thing

[@LivingTheLifeRetired]

It’s never too late to start taking care of your health by following a healthy lifestyle.

[@glenn9057]

good vid Mike. i just turned 68 here in Michigan USA. i was ready to go to the Phils last year until i got diagnosed with prostate cancer. thats a biggie. i received radiation treatments and hormone deprivation meds. i go to the gym 5 times per week and stay in good shape otherwise. but this health stuff prohibits me from making the move. so i watch and enjoy your vids instead. keep up the good work

[@mikesphilippineretirement]

Thanks Glenn

[@jackwill3578]

never too old ! Just go for a month and judge for yourself !

[@mikesphilippineretirement]

good advice

[@silverthorngoodtree5533]

Seriously considering to come over, only 48 retired, but physically cant walk, BUT i can walk in water or swim. It is a support thing. Would have come sooner but, lots of surgeries to stabilize, then years in traction etc.

[@kevincrowley6991]

Mike your blogs have improved so much thank you. Sensible content and total common sense, I recommend all dreamers to read and take notice. Biggest issue is Money ,health and common sense (A little Street wise) No different anywhere in Asia All down to choice

[@AKAAAK]

I'm bugging out to the Philippines at 55 (. But as far as the dating scene goes, I don't think my wife would appreciate that much. We are happy together by all means. And income won't be an issue with 2 retirements (401k/SS for both) and the proceeds from the sale of our home, ample funds to enjoy our life there. 😊 we're burned out on the rat race here in the states

[@mikesphilippineretirement]

thanks for sharing

[@josephperez5113]

I believe you will know because your body is going to tell you if you’re capable. If you’re going to the hospital every couple of months because of problems, probably not a good idea if you’ve taken good care of yourself throughout your years and always stayed active weight training, etc., then you could be ready. Listen to your body.

[@mikesphilippineretirement]

Thanks for sharing

[@stevemoreton2751]

Very true..I'm on the downside of the curve now..but I have had some great years!

[@mikesphilippineretirement]

Excellent! Keep it up!

[@johnpence1141]

Good points, I would rather not be crapping on my self by time I got there

[@brianmcmillan1925]

I have arrived in the philippines with adequate income ($4,000+/month) at the end of last year at 85 years of age. I am intending to marry a 43 year old college educated Filipina of considerable beauty and I have no health problems.

[@mikesphilippineretirement]

thanks for sharing

[@lazylarrylee2421]

Mike, I believe that ones health is the biggest determination of the wisdom of moving from your country to the Philippines.

[@mikesphilippineretirement]

we can agree on that point LLL

[@user-sz8gu8ik2r]

I moved from the US in 2019. I am living in Bustos, Bulacan. I am married to a Philipina. I am living comfortably on 1200 US dollars a month. I help my wife's family monthly. I just turned 70. I am in good health. I am the same size I was when I came out of college. Most importantly I am happy. I don't regret moving from the US to the Philippines, especially the way out country is headed. If you do not like the way your life is headed or are not happy with the US government, by all means check out the Philippines.

[@mikesphilippineretirement]

thanks for sharing

[@ericg9092]

Great comment. Thank you for sharing.

[@VeganV5912]

@@mikesphilippineretirement Plant-based/vegan. No fat, and no heart attack. ✅❤️⭕️💪😬😃🐵🐒🦍👍. I’m thriving, 45 years !!

[@garrylafferty100]

Cost of living is a good reason to move Philippines nothing to do with U.S Government however if Trump elected a good reason to leave country he will destroy it

[@Farmerbrown1653]

I’m 62 years old and retired I’m just curious as to the type of lifestyle that I can live there based on my monthly retirement income of 6600 dollars a month it’s not taxable income because it’s disability , so what am I looking at if I decide to make the move I’ve been to the Philippines many times when I was overseas but never thought about retiring there

[@albertolucea-jt6dr]

Brother Mike you talk with common sense grounded on life's experience. 😊

[@mikesphilippineretirement]

Wow, thanks

[@theadaptivefitnesschannel4308]

Mike, you are living the dream all of us aspire to. I would come early. I’m 53 and my first visit will be next week in Cebu. I’ll be there for 10 days first time with boots on the ground. I plan on establishing a little bit every year by spending a few months in the Philippines. The only thing keeping me back right now is I still have minor children that will graduate high school just as I am turning 62. I got a late start. Perfect timing! Between investments, and Social Security, and good health I will be on my way. Sooner rather than later.

[@allen9129]

Great vid, good information. makes me think

[@mikesphilippineretirement]

Thanks for watching!

[@mikesphilippineretirement]

Thanks Allen

[@frankmazzie4855]

Dont drink,dont smoke,eat right,excersise..money not an issue these people live here on next to nothing average monthly for a filipino is 15kpesos. Talk to them watch what they do ...they'll show you what to do

[@mikesphilippineretirement]

a cup of rice and a piece of dried fish no thanks need 2k a month

[@ericg9092]

This is a great thought-provoking video. The health and enjoyment benefits of retiring early are real, but if we leave early and decide to draw social security at 62, that's essentially 30% less, every month, that we'll have for the rest of our life. This may become a real issue as time goes by and health problems set in, unless we're fortunate enough to go big when we pass with a sudden cardiac event or stroke that kills us on the spot. I guess we save like mad for now until we decide to pull the trigger and then live with the results...... Individual mileage may vary :)

[@mikesphilippineretirement]

Thanks Eric

[@Michael_Lane_Fishing]

65 + and the race is done physically and often mentally for a lot of expats. I feel for the Filapina's who are 30 or 40 or 50 dating these guys and watch their life go by for the next 10-15 yrs, with quality of life only getting worse in time. Get to PI about 50-55 is the ideal in my opinion. You will get a quality 10-15 years in and be able to enjoy everything the PI has to offer.

[@mikesphilippineretirement]

thanks for sharing

[@samuelaragon3465]

I'm retired going to Pi in June I'm 66 been working out since 35 don't drink or smoke going to Dumagey maybe run into you and your wife love. Your Videos

[@larrye2679]

It generally comes done to your time vs. your money. The really important factor is the quality of your health. Im surprised that the Philippines doesnt have facilities for seniors to help them live an independent lifestyle where things are geared to assist people.

[@mikesphilippineretirement]

thanks for sharing Larry

[@antoniochevalier797]

Thanks for being real

[@mikesphilippineretirement]

welcome

[@GBU61]

I am an early retiree (retired at 53) but at that time I still had a child that needed to finish high school before I felt able to go. By age 58, she was stable enough that it allowed me to make the move. I have a pension that is large enough that I only use 1/3 of it each month, which has allowed me to build up my savings plus travel when I feel like it. If circumstances would have allowed, I absolutely would have left the US as soon as I could but I am still in good health and expect to have many years to enjoy these years.

[@mikesphilippineretirement]

It all worked out

[@staceyallan1976]

Glad to hear your retirement is going well 👍

[@marichuarmodia2375]

Great video bro 👍

[@mikesphilippineretirement]

Appreciate it

[@JenGioPhilippineJourney]

If you are on VA disability and SSDI disability checks you should be fine like I Am. 14 years Army. So my income is great for living in the Philippines

[@wolfgangfranke2752]

very wise comments. I like it.

[@mikesphilippineretirement]

Glad you think so!

[@charlesmorris414]

Well, I believe in your mid or late 60s and your health is well maintained. For example, At age 65 to 68 can you walk up to 90 minutes non-stop without losing breath or hurt ing outside the norm. Approximately 20, 25 minutes per mile. If You can, I believe your in good shape both inside and out to tackle the Philippines.

[@emanuelusa63]

Im 60 and my Filipina wife is 59, we are planning on making the move to the Philipines when I am 65/66. I agree 100% with your assessment, and my concern is the health aspect of it as well. We figure that maybe 10 years in the Philipines, then back to the USA. I would make the move at 62, but I wanted to have at least 5K monthly which would be at 65/66 Retirement, at 62 we would have 3k. So time will tell, and I really appreciate your insight.

[@mikesphilippineretirement]

Thanks for sharing

[@garyjohn]

Agree with you 100%. In my opinion, finance come before desire. Just because I want something doesn’t always mean I can have it. Some things have to be earned, but it just said I can control how I take care of myself. Thank you for sharing this with us. Take care.

[@mikesphilippineretirement]

Thanks for sharing!!

[@Mikeyyyy_L]

It’s a balancing thing! You might be healthy, but not enough money so you work a few more years. Then as you’re working your health can change. I planned my retirement. I kept an eye on my ss statement so I could see what I would have coming in and had a workplace account also. What you suggested is a great idea. Take a trip there and do some research on where you would want to live and have around you. Watch some budget videos to get an idea what things cost.

[@mikesphilippineretirement]

Thanks for sharing Mike

[@hansreynders6853]

What things cost today is not comparable with what things cost a few years ago. There's before and after Covid.

[@RetiredArmy2012]

i think soon as possible with me i have the ability to go back and forth but in my mind i have lost 10 years of life im 52 with 4 back surgeries

[@mikesphilippineretirement]

sorry to hear that RetiredArmy

[@Bambam73398]

I’m currently 50 and plan to retire in Philippines at 62. My second trip to Philippines is this week, and I plan on visiting every year till I retire. I wish I could right now, but don’t want to burn up my 401k waiting on SS to kick in…

[@rickb7225]

I think age can affect your ability to cope with the heat in Ph, particularly in relation to personal health, staying active physically and mentally is important

[@mikesphilippineretirement]

I agree with you Rick

[@stanleyboothe4893]

Mike, this is a very good topic. It is a tough balance between having enough money and being able to enjoy life there. While i have been there 3 times ( 2001, 2008, 2012) but my visits were a month or less. My plan to is come ( Bacolod) for 3 months and the rest in FloriDUH. As i get older, i will try to spend longer there and less in US. I plan to sell my house and use some of that money to buy a house there in my wife's name.

[@mikesphilippineretirement]

sounds like you have a good plan Stanley

[@3777177]

Dont buy a house in philippines if from USA, bad idea, complicated, the rent is very inexpensive

[@Geoduck.]

Important topic. I agree with you Mike. Age and income are dependent on each persons needs and health. Also agree that a budget of 150K Peso a month or more is reasonable to live in most places in Philippines. More would allow for travel and extras like a car or SUV that typically an older guy would want. Strongly suggest at the very least 1 million Peso cash in the bank back home as a back-up/emergency. In some cases older guys are willing to accept the fact their health is not good so they are willing to risk an earlier death due to the lack of adequate health care. Each of us need to recognize that risk.

[@mikesphilippineretirement]

Thanks for sharing Geoduck

[@Jammer411]

"ALL POLO PLAYERS ARE RIGHT HANDED"!

[@rexlaughlin3897]

I am afraid if i come to early before 62 and take the smaller Social security check that when i get old i won't have enough to come back to the states and live out the rest of my life. I don't want to die in the Philippines.🙂

[@mikesphilippineretirement]

can you choose when you Die?

[@michaelmcgonigle4315]

Never to old, much cheaper to spend your last days with people who love you and will take care of you.

[@mikesphilippineretirement]

very true Michael

[@koufax174]

I think that’s the wrong question. It doesn’t look at the whole picture. I know a 89 year old, 90 year old, 87 year old who moved to Vietnam, Cambodia and the Philippines. I think the question is what mental and physical condition are you. I walk 3-4 hours a day and so yoga every day. I’m younger than you and went to Dr. I take no meds, have no medical conditions. I don’t eat meat, sugar, processed carbohydrates, and drink plenty of water. I’ve don’t his for decades. I had extensive solo slow travel trips to SE Asia to 7 countries and I was completely fine. I’m an optimist and very responsible for my life. I stayed in US until my mom passed a week ago. I’m on my way to start my SE Asian slow travel location independent life. It’s not age but what condition is someone physically, mentally, emotionally, spiritually. A pessimist wouldn’t do well. A controlling neurotic pessimist person wouldn’t do well. What mental, emotional, psychological, physical condition is someone. That’s the question. My role model is 93, excellent condition, happy, optimist, confident and actively works out every day. My mom passed at 96. My dad is still doing great at 96. I have awesome genes. I don’t drink, smoke, or abuse my body in any way. I ran 15 marathons from 40-45. My life is just beginning. It’s attitude also

[@mikesphilippineretirement]

thanks for sharing that KouFax

[@alastairfraser8177]

That's a great attitude

[@pacthesharwell3598]

Age dosnt matter ? Health is everything , a while back ? A bunch of Americans moved to Mexico, it was cool when they were younger and mobile ? As soon as they got old , and limited mobility the were bussed back to the U.S.A.

[@neilis2405]

Thankfully I started a government job at a young age, so I'll be eligible to retire at 51. Not sure if I'll be retiring immediately but I'll be there no later than 55 :).

[@mikesphilippineretirement]

thanks for sharing

[@asakinzel4795]

Im 45 and would like to go now but I’m waiting for my 11 year old son to get older first. I’ll be in my early 50s by the time I’ll move there but I plan to start visiting soon.

[@mikesphilippineretirement]

family first

[@asakinzel4795]

Yesir!

[@J-Tyson558]

Old is a subjective word. It all depends on the health, emotional and financial status of the person. A 65 yr old might be in much better shape physically than a 55 yr old. But I think it's safe to say that if you're in the 70s that's probably too old for most people. I agree with you, it's best to come at a younger age if you are able to and you have the financial means to do it. The older the person gets the tougher it becomes physically and mentally. Great subject, Mike! (And no Browns joke today) 😂

[@mikesphilippineretirement]

thanks for sharing J-Tyson

[@dazamistwalker]

It seems to me that health and healthcare are inextricably linked together so a decision to go would depend on what you might be able to find over in PH for healthcare. I remember you talked about a physical that you had that was about $300 with complete metabolic tests and a CT scan. The CT scan alone here I had was $6872! Of course I'm still working so have insurance so I'm not paying full sticker price, but your full physical was a fraction of what my deductible is! SO if your health is in decline, where are you better off?

[@mikesphilippineretirement]

thanks for sharing

[@charlesanderson6986]

Great video Mike but for me I will only visit for three months at a time. I’m 60 but I’ve been retired for 10 years and have lived in the Philippines. But I like home and I want to be closer to my sons. I like to fish and hunt in America. And I live in a rural part in north west America. But who knows I could change my mind. Because I own a big house house in ilocos sur Luzon.

[@mikesphilippineretirement]

I understand and you get the best of both worlds

[@michael_Jon7]

In a few of your previous posts,in reference to food, you mentioned that all the food is sprayed heavily with chemicals and pesticides. I know that everywhere around the world that happens. My question is, is it easy to find an alternative, with organic fruits and vegetables that are not sprayed?

[@mikesphilippineretirement]

in the bigger stores in the big cities they have Organic . Not in the smaller shops or local markets that I have noticed

[@mattbraban8637]

It might say it's organic but is it!

[@rayrdelle]

Dam brother Mike. is this a sales video?

[@mikesphilippineretirement]

what is it you think i'm selling

[@markrenne6136]

Mike one serious consideration you did not count in your equation was someone already married to a Filipina in their home country, several years younger. I waited till later than I would have if I was single because my SS retirement will go to my wife as survivors benefits. You had to wait because of Covid my point is everyone has to look at what is best for them, but I do agree if your holding off because your afraid to take the jump come on in the water is fine.

[@mikesphilippineretirement]

family first

[@assetinvestco5820]

Thx for the videos and content. FYI, It's "If You're Too Old" not if your too old, 🤔🙄😂🤣

[@mikesphilippineretirement]

My bad

[@garrylafferty100]

Philippines never cross my mind until i met this filipina i was 63 age 70 this month Happy wife happy wife she dont like high cost of living here or hearing english every day nor the food. I won't drop medicare part B moving there medication high blood will cost me a lot more there my insurance pay most of it here if i knew her when i retired age 55 i probably would be there by know

[@rustynail3630]

You shouldn’t move at 62 unless you have 100k in savings and $2,000 a month in SS. You have to plan on living to 90. You don’t want to be running out of money when you are old. You don’t know how much inflation will affect you and what happens if the US government cuts SS benefits. Can you afford to take a 20% cut in benefits?

[@mikesphilippineretirement]

good points

[@user-sz8ng7oj8s]

I think there is a sort of half way solution, taking the retirement early but rather than going straight to the Philippines, take a job in Vietnam, Thailand or Cambodia as a EFL teacher. Earn some cash, save a little but still spend holidays in the Philippines.

[@mikesphilippineretirement]

easier said than done. Working overseas

[@user-sz8ng7oj8s]

@@mikesphilippineretirement True but there are accredited TEFL Courses you can take either online or in the country of your choice including Vietnam and Thailand. The courses offer an induction to the city, all class work and some hours actually in the classroom. They also offer support to get a teaching job after completion. I checked into it once.

[@ricksdestinationcebu]

The last 3 years anyone who gambled waiting for years past 62,,lost due to inflation..If you use a ssn calculator use never lose a dime by going at 62 till u hit 77..For those extra years you work and gain very little..Soon as my 16 year old is semi settled we are gone...

[@mikesphilippineretirement]

good point Rick see you soon

[@dantheman11121]

I totally disagree your quality of life is fully dependent on a higher income so taking social security earlier than 65 is a foolish mistake.You have to live a healthy life and work out religiously which most people won’t do makes a huge difference 🤷

[@nobudgetcharlie7753]

I came here at 50 yrs old. I was financially able only because I'm a military veteran. I'll be taking my SS later this year at age 62.

[@mikesphilippineretirement]

great to hear that Charlie. Thanks for sharing

[@leroyrunk4422]

There's a lot more then money to look at. I took 3 months off and spent it in Davao. At the end I knew what I wanted

[@mikesphilippineretirement]

Good point, come and see what it is like in the Philippines

[@rcardoosuna6491]

My net monthly retirement would be $3950 at 62 and would be $4650 at 63. Would you wait an extra year for the significantly larger sum? My physical shape and health is good.

[@mikesphilippineretirement]

live a very nice life here with 4k a month more is always better

[@rickedelman]

Mike, I am 55 plan on working to 62. My SS will be 2100 at 62 and I have a pension of 6650 per month. I can live comfortably ere in the US but nervous about living in the Philippines. I see the bloggers expenses but just nervous about not living a good life? In your opinion should I be okay??

[@mikesphilippineretirement]

your money is plenty you will not spent that much in a month. Come and check it out

[@paulgriffin6256]

There is a great TED talk on 'enough'. Work on that principle, dont keep working beyond that point.

[@mikesphilippineretirement]

Like what?

[@gerbourke1952]

In this case age is definitely just a number. Its really going to come down to physical shape. As you know Mike the philippines is not very disability friendly. Moving here early? Well im 45. Been going to and from the philippines since my late 20s to visit my uncle in makati. Met my now wife there. Going back to the younger age..... it's a hard one to call. We have a very successful farm in mindanao but without initial investment from our logging business in ireland it wouldn't have happened. Every situation is going to be just as different as the person getting off each plane. What are you going to do in the philippines at 45 with a small budget??? There's the question

[@mikesphilippineretirement]

Big Question

[@gerbourke1952]

@@mikesphilippineretirement "I will buy a boat and open a dive centre" "I will buy a resort" "my online girlfriend said we can open a sari sari store and live comfortably" (making 1 piso on each transaction?) "I am tech savy. I will start a recruitment agency" "bar/restaurant" I have seen it all before. I have witnessed such guys come and go. The philippines is dotted with closed down resorts and dive centres and the rotting hulls of dive boats left in their wake while they were lucky to somehow get back home with their tail between their legs. The philippines schooled them and they can't always blame a filipina for that

[@mikesphilippineretirement]

"my online girlfriend said we can open a sari sari store and live comfortably" no way my friend sorry if your disagree but you will go broke with a sorry sorry store

[@tomjeffersonwasright2288]

There is no going back in time. Now is all you have. After about 65, physical condition is more important than age.Phillipines will not make a magic change. You will probably live the same life you have chosen at home. The surroundings will be different, though. some ways better, some worse. flexibility counts for a lot.

[@roberthertel5565]

Assuming one has already decided to retire in the Philippines , I'd say do so at the earliest opportunity providing important things such as finances are in order, yes that amount varies for each individual but we should certainly have a very good idea of just how much (the minimum) we would could live on and still be happy and ideally we would have a little extra at the end of the month we could put away. I would think most of us could live on just our SS benefits and a lot of us would or certainly should have other sources of income such as savings, 401K or other investments we've made during our working years, of course unfortunately there are those that end up with unexpected bills or whatever that wipes out their savings but if you are going to receive at least $1,500 from SS that should be enough to live on, not a great life but shouldn't be that bad and if you think about it, if that's your total income and live in the US, you would certainly struggle even more just to get by.

[@mikesphilippineretirement]

thanks and some good advice

[@robertwestlasvegas]

Never too late to improve your health, Mike. Take a page from Old Dog. Meat plus low-carb veggies or just meat will improve your health. Stay away from grains, sugar, highly processed foods, and vegetable oils. Give it 3 to 6 months you will be shocked how much your health improves

[@mikesphilippineretirement]

YES I will try that

[@homebasebelgium359]

I agree that there is no age restriction and no income ristriction, but there is a health restriction. Some guys are still healthy at 80 and others are already in a bad shape at 60. I think health is the determining factor.

[@mikesphilippineretirement]

big factor

[@jlinks101]

I have sufficient income and retirement savings to retire in the Philippines. Would setting aside 50K USD for SELF INSURE for my health and medical emergencies be enough. I don't plan on getting heath insurance, and medtcare part b at 65 yrs old. SS benefits at 2150 USD at 62 and 300K+ USD (sale of all assets in US) investments

[@mikesphilippineretirement]

Thanks for sharing

[@valeriek5020]

The 80 year young expat living on $800.00 a month would be an interesting interview. Life is unpredictable...............I think foreigners are more concerned about healthcare living away from the security of the States. If the finances can support how you want to live in another country, why not retire when you can. Is all money kept in the States or land of origin, with easy access when needed. Is SS deposited into your bank in the States or in the Philippines. To decide to move to the Philippines without a good amount of time living there might turn into a disaster. I am sure boredom comes into play after the newness wears off and how to handle that would be concerning. Having other foreigners to relate to helps in many ways and of course proves to be beneficial to everyone.

[@mikesphilippineretirement]

he does not want to be interviewed

[@BenzJaguar]

You’re Never Too Old !

[@mikesphilippineretirement]

true. Age is but a number

[@user-rk4hv3fb2n]

You might not feel great in phillipines at 75 but you might feel even worse in the West where you can't afford a home or household help.

[@mikesphilippineretirement]

good point but as you get older you have social services to call for help if needed. Here your alone or with filipino Family

[@ripley7t429]

One thing that I think is really a hollow argument, the US has social services. Yes there is social security and Medicare. Other than those, I hate to tell you, but with the economy and tightening rules, thinking there is a safety net in the US is garbage. If you live in one of the poorer States, money is tight. I cannot even begin to tell you the number of elderly and other disadvantaged folks that are discarded or conveniently found ineligible. The .gov makes the admin application process lengthy and hard to navigate. I am a 40 year Federal employee. To be honest, I do what I can, but in the end it will take all of us to fix this issue here in America. So many homeless, many Veterans, and yes I am well aware of the programs that are touted by the VA. When you have homeless Vets on the waiting list for 2 years or more, I would say the programs are more of a publicity item than real help. You better have a knowledgeable advocate to get you through the process, because otherwise you will just end up with one rejection after another. I love America, but somewhere we seem to have lost our identity/unity.

[@mikesphilippineretirement]

some places help you with rent. You can get rides to the doctor and stores. food stamps ect

[@3777177]

time to run...out of USA, you cant fix it...socialism....

[@theverdict4322]

Do i need to fill out a form to enter the filipines?

[@mikesphilippineretirement]

not sure check with your airlines

[@ricksdestinationcebu]

If your budget is a struggle in Philippines,,how bad is it in the US..

[@mikesphilippineretirement]

yes you can live here better on a small budget but remember no social services to fall back on

[@romelmuli3065]

60 is thebest provided money and health are there

[@mikesphilippineretirement]

thanks for sharing

[@brucesnyder690]

Retired expat in the US living in Thailand six years. Came here in 2018, Wife passed away in 2017. Should have come earlier, but don't thjnk Wufe would have fit in. When I came I met a great Thai woman, we've been together ever since. Life here great. People nice, warm weather, long mcycle rides, plenty of trave.. Everythig great.l I would say come as early as possible, if ypu can afford it I walk 5 miles a day, some weights. And the long rides are a bit of a workout. Every person is different. All j can say is life here is great. Would never go back to the US. Good luck and stay safe.

[@mikesphilippineretirement]

thanks for sharing Bruce

[@commonsenseisntcommon1776]

How old r u?

[@brucesnyder690]

@@commonsenseisntcommon1776 77

[@teds8928]

I would have to wait til at least 67 with my pension from work plus social security, my biggest issue would be emptying out my house, selling my house, property, vehicle and motorcycle. For 62 my health is good, no major concerns, dental, well another story, got work done but can they keep up with it there?

[@mikesphilippineretirement]

just make the right choice for yourself Ted

[@teds8928]

@@mikesphilippineretirement I debate that everyday of my life my friend. Plus I edited my comment above. Added to it 😂

[@mikesphilippineretirement]

they have good dentist here in the bigger cities

[@ricksdestinationcebu]

Visit Cebu a few times,,it will motivate you😊

[@teds8928]

@@ricksdestinationcebu I been to the Philippines while I was in the US Navy back in 84-86, always told myself I wanted to live there, yes, I know it’s changed for the better. Hoping to get out there come September for 2 weeks

[@commonsenseisntcommon1776]

The question is where to live? PI, Thailand, Malaysia, Vietnam, Cambodia, etc etc.................we must balance safety with affordability.

[@mikesphilippineretirement]

good point

[@goochi5544]

You want to live long? Don't drink or smoke. Drink good water. Eat bitter veggies. Don't be miserable.

[@mikesphilippineretirement]

good advice

[@papadougpapadougsadventures]

I’m 64 and will be moving to the Philippines in the next 3 years. Social security full retirement age is 67 and that is my target

[@mikesphilippineretirement]

see you in 3 years

[@papadougpapadougsadventures]

@@mikesphilippineretirement thanks Mike

[@christofotto2499]

oh 67 like here in Germany , depends on year of birth though am 60 and 7 years is too long to hammer out something 😂

[@commonsenseisntcommon1776]

If you live until then

[@stephengutman6335]

The problem here is I didn't even think about of leaving the US until I was 70 and everything had been in chaos for 5 years! It is lonely here. I am getting disrespected/

[@mikesphilippineretirement]

life in America sucks for old people

[@blazerk.7189]

Just look at Terrence ,arrived busted flat at 74....married a girl 50 years younger...and is now a tycoon...compliments of starting a charity to 'help' disadvantaged filipino students!

[@mikesphilippineretirement]

Who is Terrence????

[@blazerk.7189]

Has his own channel...A Foreigner in the Phils....terrence and Beth...e-beggar extraordinaire.@@mikesphilippineretirement

[@mikesphilippineretirement]

do not know him I just follow Dumaguete YT and Friends

[@toddhomman2569]

57 is my magic number, oh ok 57 3/4 but be there in 4 weeks.

[@mikesphilippineretirement]

see you soon Todd

[@davidhosking436]

It depends on your health some people are healthy at 70 some people are not healthy at 60 but you need money to cover health care if you can't afford health care you are gambling

[@mikesphilippineretirement]

lots of folks take the gamble some win others lose

[@RealGaryGibson]

These guys are gonna end up dead if they wait too long before coming to the Philippines. So many of my classmates are already gone. Life is short, live your life!

[@mikesphilippineretirement]

Life is short, live your life good point

[@eddiemoney61]

Tomorrow is not promise.

[@mikesphilippineretirement]

so true

[@jerryhumphrey2785]

I don't think age should be a factor. If you are healthy and in decent shape, then do it. No one is promised tomorrow. Don't waste your life being afraid to try something different, just because someone says you shouldn't.

[@mikesphilippineretirement]

Thanks for your comment Jerry

[@boraborabob1]

I waited to long. Rich and sick!

[@glenn9057]

everything i read is Phils are getting expensive. people recommend Vietnam, Thailand, Guatemala and other places. any truth to that?

[@mikesphilippineretirement]

prices are going up but still great place to be. Way cheaper than back home

[@rolandtaimanglo8943]

You should rename your blog to "Philippine Retirement Almanac."

[@mikesphilippineretirement]

hahaha