How I was able to retire early and move to the Philippines

  Рет қаралды 5,232

Backwoods EX-Patriot

Backwoods EX-Patriot

Күн бұрын

Пікірлер: 53
@kelvinrwalker
@kelvinrwalker 6 күн бұрын
Deja Vu! We bought our house back in 2013 in Page, AZ. It would take me 6 years to renovate. Im a retired nurse of 27 years. Im 54. Like you this house would be our ticket to move to the Philippines. Back in 2010 and 2012 we bought land and farms here in the Philippines. So it was always our plan to be here upon my retirement but we decided to sell the house and retire early. We started building our house here in the Philippines in 2018 but it was delayed some during Covid. But we finished it when we moved here in 2022. So we are trying to make money now with our farms and sari sari store. Lol! We too have a YT channel. The Walker Explorer. Best of luck to you.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@kelvinrwalker I'm afraid to invest in any businesses here, i earn income selling covered calls and cash secured puts on the stock market
@willow881000
@willow881000 5 күн бұрын
Hello! I'm your new sub fr SoCal. Well, you got me all curious about your story now. Can't wait for your next vlog. Good luck in your next undertaking!
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@@willow881000 Welcome!!!
@KMJ1936
@KMJ1936 5 күн бұрын
I admire your journey to the Philippines at a young age. I wish I had all my ducks lined up earlier also. My goal is to be there by 60 in 13 months. 🙏🏼 Bisaya or Visayan language. Yes June is hot, just like every month in the Philippines, April and May or the true test hottest months in the Philippines. Regular heat index numbers over 110 up to 120.
@elivizsla7903
@elivizsla7903 5 күн бұрын
Wow! Congrats and good luck on your journey. I myself am looking to move back to the Philippines to retire in a few years. I'm looking at farms that I can hopefully raise a few cattle and chickens.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@elivizsla7903 there's really not many cattle farms here, especially where I live in Mindanao, I've never seen one here at all
@elivizsla7903
@elivizsla7903 5 күн бұрын
@@BackwoodsEXPatriot I'm looking in the northern part of the Philippines (Luzon).
@johngillbonnie6004
@johngillbonnie6004 5 күн бұрын
keep us updated
@jmfarrell5
@jmfarrell5 5 күн бұрын
Great video… amazing adventure.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@@jmfarrell5 Thanks for watching!
@alanjohnson6369
@alanjohnson6369 Күн бұрын
Just found your channel today. I am a subscriber now. Do a monthly budget. I like seeing different ones because everyone is different. I am interested in your investment you were talking about waiting to see. Thanks a lot for sharing. I am just a old fat truck driver waiting to see
@BackwoodsEXPatriot
@BackwoodsEXPatriot Күн бұрын
@alanjohnson6369 We are the same...I drove a truck for 10 years also
@peter-bakestar
@peter-bakestar 16 сағат бұрын
New subscriber here Look forward to watching your videos
@BackwoodsEXPatriot
@BackwoodsEXPatriot 12 сағат бұрын
Thanks for watching and subscribing!
@GerinPhils
@GerinPhils 6 күн бұрын
We have a very similar story...im selling my house now and preparing for the move..looking forward to the video on how you earn money from the Phils
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@@GerinPhils I'll give you an inside secret...lol...I sell covered calls and cash secured puts on the stock market
@GerinPhils
@GerinPhils 5 күн бұрын
@@BackwoodsEXPatriot awesome brother....would love to learn how to do it
@wayfaringstranger4115
@wayfaringstranger4115 8 күн бұрын
Man with a plan may fall, but a man without one will definitely fall.
@HumansLiveForMoments
@HumansLiveForMoments 3 күн бұрын
Great vid. Im interested in early retirement
@BackwoodsEXPatriot
@BackwoodsEXPatriot 3 күн бұрын
I think most people are...but it means something different to each person. For me it meant not trading my time for money anymore and adjusting my lifestyle to match
@zdbru3742
@zdbru3742 5 күн бұрын
im really interested in moving to the Philippines. Im currently retired and receive my pension and I have been sitting at home watching these videos for 2 years. How is housing there? Do you need good credit as well as decent income?
@frankmazzie4855
@frankmazzie4855 5 күн бұрын
Trip over first. Its not for all,just a suggestion
@sting114
@sting114 5 күн бұрын
If you have a wife , kids that depend on you, don’t move to the Philippines. If have need medication 💊 every week or month, don’t move to the Philippines.
@dsrrellgriffith1161
@dsrrellgriffith1161 5 күн бұрын
You are so funny,,,,good credit? hahaha,,,They do not check your credit, and they do not care about income. You just give them the deposit, and copy of your passport. thats it,,,I rented condo in cebu for 7 years, i always got my full deposit back. I use rentpad website. The agents are usually good, if u rent from a direct owner then u might not get your deposit back full. The condos can be hit and miss, i had noise issues in a lot of them. Other condo owners making too much noise late at night, airbnb people who party all night,,,etc,,,,Construction on other condo construction can go all night sometimes. etc
@gs46
@gs46 5 күн бұрын
You interested in buying nice durable house an lot will last you life time.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 4 күн бұрын
Take a trip over here and stay a while before selling everything is my advice. Maybe stay in manila or cebu at first and explore from there. The real philippines, out here in the provinces and less popular islands life is very different from what a person experiences in manila or cebu or dumaguette. So just k own yourself and explore around before choosing a spot to settle. Housing is a wide variety...depending on budget and location, there's luxury condos and then there's basically nipa huts you can rent for $30 per month...again, it depends on who you are personally. There's no such thing as credit here, you pay in cash and no one asks questions.
@temujinkhan6326
@temujinkhan6326 5 күн бұрын
good video
@BackwoodsEXPatriot
@BackwoodsEXPatriot 4 күн бұрын
Thank you, I'm glad you liked it!
@ok-hd4so
@ok-hd4so 8 күн бұрын
best wishes! how is the food there? did you have to learn the language or is it easy to get by using english?
@BackwoodsEXPatriot
@BackwoodsEXPatriot 8 күн бұрын
@ok-hd4so the food is hit and miss. They use lots of vegetables and small amounts of meat. It's very easy to use only english for simple conversations. Most all Filipinos know some english. I am slowly picking up on some Basayan but it's difficult since their sentence structures are different. Thanks for watching!
@eddieBoxer
@eddieBoxer 6 күн бұрын
The food in the Philippines is terrible.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 6 күн бұрын
@eddieBoxer you're not completely wrong...there are a few good dishes like adobo, pancit, lechon, lumpia, and siomai
@williamgonya6893
@williamgonya6893 5 күн бұрын
​@BackwoodsEXPatriot try crispy pata
@dsrrellgriffith1161
@dsrrellgriffith1161 5 күн бұрын
@@BackwoodsEXPatriot those dishes are greasy and fried,,,horrible for you,,,,Adobo is so salty,,,,I lived in cebu for 7 years, and visting 30 years,,,I only enjoy grilled food, and try to make western style salads,,,,
@fredtarronas5073
@fredtarronas5073 4 күн бұрын
Hello, what area in the Philippines are you located?
@BackwoodsEXPatriot
@BackwoodsEXPatriot 4 күн бұрын
@@fredtarronas5073 Dipolog City in Mindanao
@marcus22771
@marcus22771 5 күн бұрын
The only problem I see here is the fact that you're still young. When it's time to collect social security that check will be very small and you currently only have a small investment that you're living off.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@marcus22771 I'm not counting on social security anyway...To be honest the way i feel about it, I wouldn't take it if given anyway. I know i paid into it and it's mine by right, but morally I feel better taking responsibility for my own retirement and feel proud to basically say screw the government is don't need them
@streetglide_24c62
@streetglide_24c62 5 күн бұрын
Nice video man I would like to hear how you are surviving off your hundred thousand dollars i’m 41 that’s about how much I got saved up trying to figure something out myself.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@streetglide_24c62 i will make that video next...but I'll go ahead and tell ypu, I'm selling covered calls and cash secured puts on the stock market. I only need $1000 usd per month to live comfortably.
@fnqwaz5816
@fnqwaz5816 5 күн бұрын
Interesting story, i can't help think you sold your house too cheaply...only $100k more than you paid, less your renos cost, less legal fees, taxes etc during covid boom.. anyhow i really hope you can successfully retire at 40 in phils.. good luck
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
In my area that's what the house appraised for...I was into it a total of $73,000...so after agent fees i walked away with $87,000 in pure profit so with an investment of $73k that's an 83% profit margin or a little more than 10% per year...I figure that's better than any high yield savings, money market or even S&P 500. So far it's going good with my financial strategy and since I'm living on less than $1000 usd per month it's not difficult...thanks for watching!!
@fnqwaz5816
@fnqwaz5816 5 күн бұрын
@BackwoodsEXPatriot sounds like you've done your sums, I still have 8 yrs until I retire at 60 to Philippines, I will follow your journey, good luck 👍
@damoneymaker
@damoneymaker 5 күн бұрын
You better buy XRP and you will thank me later! Good luck!
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@@damoneymaker You really think i don't own xrp?? Lol
@damoneymaker
@damoneymaker 5 күн бұрын
@BackwoodsEXPatriot nice than you'll make it in the Philippines. Just don't flaunt your riches!
@BackwoodsEXPatriot
@BackwoodsEXPatriot 5 күн бұрын
@damoneymaker my house is 50 sqm so I don't think anyone would say I'm rich lol
@joshtkachuk2439
@joshtkachuk2439 5 күн бұрын
I wanted to listen to your story but bro you're a terrible story teller.
@BackwoodsEXPatriot
@BackwoodsEXPatriot 4 күн бұрын
I agree with you...I need to edit differently and compile the story with maybe less side details. I will work on becoming better, and hopefully the quality and content will improve. Thanks for attempting to watch!
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