how much do you need to retire in the Philippines? Salee

[@Rolweng]

Plant vegetables in your backyard is one way to safe for food. Get away with relatives because they always think that you have lots for money. Limit going out to dine in or don’t bring anybody ( just you and wife) in going to grocery. Live a simple and there are beautiful place to unwind free like going to beach, buying karaoke for you to have at least happy time at home. Like I’ve said, live a simple but happy life.

[@salee_talks]

thanks for sharing

[@FarmProduceTV]

In other words don’t show off be the poorest of them all!👍🌏

[@penguinsforever1609]

​@FarmProduceTV Show off and watch all the hands reaching out for hand outs.

[@JosieDenion]

Yess

[@eugeneestalilla9017]

Retire away from your relatives. You will be their financial savior. Maraming mangungutang suwerte mo kung babayaran.

[@kinred28]

Plus 1000 points dito

[@heyjude5027]

That's so true and scary to think of. Lahat na ng hinaing nila related sa kahirapan o kakapusan, ipapaalam sau para ma-guilty ka and finally give in to help. Sa dami nilang nangagailangam, mauubos ka.

[@angelitaking3639]

Truelala ❤agree 💯

[@marianeil6630]

Don’t tell your savings, to nobody. That’s non of their business. Keep healthy, exercise, yearly check up!!! Keep up your vaccines, updated.

[@bekind3050]

I've been a breadwinner for 25 years. Pitong pamangkin ko nag aaral sa UST & MAPUA. They are engineering students. I don't give my money for FREE. 😂

[@faithfuldays3886]

OFW here from Dubai. Far from retiring yet maybe another 10- 15 years more. But it's good we don't have taxes here. Me and my wife struggling to run food businesses in the Philippines to earn passive income. It's difficult when you're not there. We tried but failed a few times. So we just chose to save money, getting into the stock market which is more managaeable and it beats infllation too. We bought a condo and planning to buy a simple lot located in the province for future retirement. We also have life insurance and memorial plans, lots, we continued paying our SSS. This is an important investment as well. But thanks for this video this gives us new perspective to think about our retirement numbers.

[@salee_talks]

thanks for sharing and watching 🙏🤗❤️

[@soniafontanilla747]

@@faithfuldays3886 No, taxes in Middle east no retirement benefits from employer, no pension , no SSS no 401K no medicare .if you will not save enough for your retirement you will end up old and gray and broke.😞 Like most OFW's.

[@percyvalpastor145]

Sa province ako maninirahan. Titira sa maliit na bahay. Healthy foods ang pagkain at inumin. Pa bisi bisikleta pag umaga. (Parang magbebenta ng hot pandesal pag 4am. Hehehe... )

[@salee_talks]

nice! thanks for sharing

[@haroldsandiego9975]

Location , life style and priorities . Don’t deprive your health needs . Priority is health and safety at the end of the day .

[@FarmProduceTV]

In other words health is wealth. Eat healthy, exercise, and good sleep to longevity and beyond!👍🌏

[@koukimonzta]

I can retire under “luxury lifestyle” but I choose basic because I am a minimalist and would rather use my extra retirement income for business opportunities in PH

[@salee_talks]

thank you for sharing 👍🙏

[@FarmProduceTV]

Scouts for cheapest apt/condo/townhouse in the provinces, buy them and rent them out. Once you’ve accumulated so much from being a landlord, fix them up and sell for double the price and then repeat all over again. There’s money in the Phils!👍🏠🌏

[@manijj4j52]

Hello salee!!! My mathematical methods of living ,retiring for good in my Davao place is:multiply your monthly expenses multiply by how many years you are going to live in this planet !( that’s our own way) I will cost you millions of pesos php! And we are ready for that ( my wife is a nurse in Davao with 2 kids plus some investments too! Life is sweet if you plan ahead! Good to you&your family

[@salee_talks]

thank you for sharing your method and your advise 🙏🤗❤️

[@time2eat850]

Dual citizen here. USA and Philippines. 100% agree that YOU NEED TO KNOW YOUR NUMBERS (Even it's a GUESSTIMATE). Mas madali mag plan for RETIREMENT. Hopefully I'll be financially independent in 5 yrs (I'll be 45 yrs old). Im a LVN, not a RN (I don't know if y'all have it in Canada). Right now I'm transitioning from being a nurse to FULL TIME INVESTOR.

[@salee_talks]

thank you for this. 🙏 we have LPN in Canada. I'm so excited for you! Hope you stay around and update us on your journey. ☺️

[@FarmProduceTV]

You meant Lic Practical Nurse? Not too fast pal. It’s easy said than done. Manage your debts at the same time scouts for cheap apt/condo/townhome in the province . Buy them and rent them out. Once you’ve accumulated enough as a landlord, fix them up and sell them for double the price and then repeat all over again. There’s money in the Phils!👍🏠🌏

[@FarmProduceTV]

In the Phils., I’m good with a budget of 1,000 pesos per week or 4,000 pesos per month. With no mortgage and car loans to pay I survived. Foods are cheap especially in rural areas. I’ve my tv, fridge, and a nice bed to be comfy heading to longevity.❤️👍

[@salee_talks]

thank you for sharing 🙏♥️

[@quickyreviews6597]

Loslos sa 1000 per week haha

[@sdfewvdevvv]

Malamang may lupa yan na pinagkukuhanan ng produce kaya kinakaya yung budget na ganyan.​@@quickyreviews6597

[@jerliedadios9710]

​@@quickyreviews6597 basin sa kinalayuang bukid ni sya nagpuyo

[@gericatbagan4967]

Napaka imposible naman yang 4K mo.

[@SusanaAvenida-vr5pr]

Don’t worry about everything just focus the basic lifestyle and enjoy life in simple way. I moved to Cebu city and my budget monthly is 30k with rent, utilities, internet and foods speaking of foods im vegetarian so i dont eat meat and my rent is only 14k and i live simple myself and my money is in the USA i only transfer money to peso account for my bills to pay and personal expenses thats all.

[@salee_talks]

thanks for sharing 🙏♥️

[@godministry75]

If you have a little farm with veggies, free forewoods, ricefields, water from bukal and no appliances in household you can manage go survived in the province even if you have regular pensions.

[@jamesa4508]

Yeah i agree, with minimal lifestyle at stake u can survive buddy!..

[@FarmProduceTV]

A fridge, tv and a comfy bed for me in the rural area heading to longevity!👍🏠🌏

[@williecamarador2502]

Very informative! First, this solidifies my belief that, although not my plan, retiring in the Philippines comfortably isn't a far- fetched at all. I hope every Filipino working abroad come across this video so they learn the importance of saving money, and that they can start coming up with a plan for when retirement comes, they will be prepared. I've seen so many broke Pinoys abroad and some of the reasons; they are better in spending than saving money; they don't set goals; they love the rich feeling that they try to afford things they really can't, and the list goes on. I would to add that if we are laser focused, and we should all be, on ensuring future financial freedom, learn to be frugal, invest long term through mutual funds, quit acting rich, stop buying things you can't afford, do not compete with your neighbors, avoid branded items, live below your means, and save save save. Combine the above with hard work and it will surely lead you to a kind of life you only dreamed not long ago.

[@leonidapineda2408]

We soon to retire with my wife in Phil's in urban city,Working in Sg for 22 yrs..We invested in Real property and continue paying SSS, We choose to live middle retiree lifestyle...

[@salee_talks]

That sounds like a solid plan! Investing in real property and preparing for retirement with a balanced lifestyle is so important. It’s inspiring to see how you and your wife are planning your retirement. Best of luck as you continue this exciting new chapter!

[@msbugan50]

Nice t o see various ways of retiring. I am retired widow but go home often to visit my mother while she is still living. Not decided yet with retiring in PI only satisfied with 3-4 mos per year as my children and grandchildren are here in the US. Good advice too about retirement planning.

[@salee_talks]

Thank you for sharing your story. Wishing you all the best and stay blessed! 🙏♥️

[@hansj.severino7119]

It is so Amazing,🎉 having watched you in Canada, now, in the Philippines!

[@salee_talks]

thanks! 🙏

[@esgiegee9576]

this is very ideal. However- consider if you have a big clan-- who you will expect that you are going to cover their emergencnies

[@akosiamarillo]

Based on me and wife’s current workplace pensions saving rate, by the time she is 60 and I am 61, we may get 166k pesos a month! Nearly 2M a year, guaranteed for life and inflation indexed. This is also separate from our house, savings and investments. Then state pension kicks in when in late 60s adding another 1.6M a year, again guaranteed for life. Pwede na siguro sa Pinas yan. But that is in today’s money not sure how much it is worth in 15 years time 😅. If you are an ofw or balikbayan, take advantage of your host country’s pensions and saving programs. For us, we are not even a heavy saver, we only do the basic. Marami pa sa mga kababayan natin ang mas nasa magandang position pag nag retire, lalo na kung sa Pilipinas. Pero marami rin ang baon sa utang dahil sa mga luho, stuck sa kbabayad ng malaking mortgage at kailangan pa magwork until nearly 70s kasi cannot afford retirement 😢

[@JenLimyu]

❤❤❤

[@nl201]

How? Can you give some tips? Is that through sss or insurance?

[@akosiamarillo]

@@nl201 i am talking about private workplace pension provisions, which most western economies have and in some, workers are auto enrolled. if you happpen to live in one of these countries, find out what they have - they are different from country to country. your company usually matches your contribution and in essence they are free money. ensure they are invested in good global index funds with low fees and accumulate for decades. government workers in some of these countries has pensions that goes inline with inflation when you retire - this is what me and my wife have but we are not retired yet, still a long way to go. but projections can be made and calculated. imagine getting a pension from overseas say Germany, Aus, US or UK - convert them to pesos when you are living your retirement in PH - i say it is good investment for future you. them countries also provide state pensions when you reach a certain age, separate to workplace/private pensions i mentioned above. warning - from your question you mention insurance. never mix insurance and investment. they tend to come in with ‘whole life’ insurance. if you are young, learn about personal finance and investing. you will understand more clearly. wish i know more about it when i was younger.

[@gordonstephen8329]

Your estimates don't consider costs of flying to ph, temporary hotel, type of retirement visa, visa deposit, finding a long term rental, deposits, transportation, health insurance, vehicle insurance. Tell the whole story instead of leaving out very expensive additional costs. Be honest with viewers

[@salee_talks]

Thank you for bringing up these important considerations. You're absolutely right-there are many additional costs associated with moving and living abroad that need thorough planning and consideration. My aim with the videos is to introduce these topics progressively to avoid overwhelming viewers. However, I appreciate your feedback and see the value in addressing these complex aspects more comprehensively. Your input is invaluable in making this resource as useful and honest as possible. Thank you!

[@gordonstephen8329]

@salee_talks you're welcome. I'm still searching for a house rental near bacong area for Feb when I retire. I'm going to extend tourist visa out to 3 years before deciding my permanent retire home. Maybe you can suggest possible rentals then. Would love to meet you then. I'm 62 from us and quite tall 6'6" brown eyes/hair. Look forward to your response

[@romab.8729]

Good video, I am 44 years old this year, 17 years of working dito sa US n check ko sa SSS ko at the age of 62years old Kung stop n akong mag work today I will get $1430 monthly sa akın pa lang yan plus meron din si hubby n makukuha from SSS nya for 28 years of working nya that I don’t know how much ang sa kanya for this time, Pero madadagdagan p yan kc we are still working uwi n kami ni hubby sa Pilipinas kc kung dito yan sa ÜS kulang p yan sa pambayad ng bills etc dito sa US Pero kung iuuwi namin ni mister ko mga pension namin Hindi n kami magiging kawawa sa Pilipinas..thank you for sharing your knowledge with us about retiring in the Philippines

[@salee_talks]

you're very welcome and God bless

[@matperez1168]

@@romab.8729 wise decision po Ka work ko Din uuwe na next year paano ba naman pension 1,400 renta 1,600 plus kung ano ano pa ba bills

[@JenLimyu]

Yes❤❤❤

[@jun4squarevids]

@romab.8729 good planning po, the earlier you start planning the better. I retired at 46.

[@FarmProduceTV]

Folks let’s utilize this forum here to enrich ourselves with relatable experiences and views from people who follow this channel’s platform. Thank you.❤️👍🌏

[@pearlviewrealty]

We retire here in Palawan since 2014.. It is right that Cost of living depends your lifestyle. My husband has its own social security and I don't, but I work and have real estate business. I just ask him for how much his monthly expenses he said 70,000 or less It include monthly groceries, Internet, electricity and water and fuel. We have our own house to live. Weekly grocery 4,000x4 weeks in a month Pldt 1,300 Water and electricity 7,000 Fuel 1,000 per week or less x 4weeks Dining 1,300 per week or less On the other hand I do have my own backyard gardening and i am buying my food some time fish and or chicken. - Living in Puerto Princesa City Note: most expensive is the fuel if you always roam around

[@MichiWoo]

Very good food for thought for future planning. I think you also should include the following costs to consider given the scenarios you gave - amilyar/property tax and village dues to the housing department 😊

[@NikkiGTA416]

Thanks for this helpful info. I plan to retire every 6months a year in the Phils (and return to Canada for the remaining 6months so I won't lose my provincial health coverage). I plan to explore PH so I don't plan to stay in one place but instead travel for a month or two here and there, likely island-hopping and staying in hotels and AirBnBs or short-term apt rentals. Would this be possible with a budget of $2000 a month?

[@georgeallen7667]

Depends on your priorities and choices. I do it with 5 peeps and once in a great while my budget hits above 700 USD. I know others who think they need something else and for two easily spend 4-5 grand

[@salee_talks]

You're absolutely right! It really does come down to priorities and personal choices. It's impressive how you manage with 5 people on that budget! Everyone's needs and lifestyle are different, and it just goes to show how flexible budgeting can be. Thanks for sharing your perspective! 🙌

[@apoloestrada2908]

Thanks for the video, I live with the budget of $1500 a month and that's in Tunasan, Muntinlupa City. Very happy enough to not paying any rent or mortgage. Only 5 farangs living in that area and both military veterans.

[@rabbitman702]

Early retirement goal ko is when I reach 55 to 56 yrs old.. may 6 more years pa for savings & investments.. every year stay ako sa Pinas ng 4 to 5 months. Then balik ulit sa Canada. Kuha na lng ng Property sa Palawan… bihira atA typhoon dion.

[@salee_talks]

that's a very nice plan!! getting a property in Palawan is a good idea 👍 Good luck and God bless 🙏

[@HAMBURGER-s1l]

Fantastic video.....keep rockin.

[@salee_talks]

Thanks, will do!

[@bengbeng208]

I don’t know what I’m doing here in the USA living alone retired for 8 years now. My total monthly expenses 2700 US$ each month. I think, it’s time for me to moved back home. My problem, I’ve been away for almost 50 years and I will be 70 years old next year. I’m kinda reluctant to move back not knowing what part of the Philippines should I be. My retirement income after Fed taxes is 4600 US$ each month. My kids are all grown and professionals and I need to go to a place where they can visit and have fun. I need 3 bedrooms with 3 bathrooms with live in maid. I have a little savings but I don’t want to buy a house. It’s not ideal for me. I might not like the place and I won’t be able to leave. Some insightful comments, please.

[@achiever0623]

Did you look on Cebu? There’s international airport there. Close to the city and close to the beaches as well. Hopefully, you can find a place to rent.

[@thachad098]

Mas okay po na TFSA ang unahing i-maximize kasi wala na pong tax yun unlike kung RRSP, iisipin nyo pa kung magkano ang babayaran sa CRA which will also eat your retirement fund

[@homeofjoy2164]

Hi from California love your videos totally relatable; for me kc ang goal ko to retire early as much as possible so i can spend more time with my family through passive income , mybe businesses, or from investments. Some how yearly vacation sa Pilipinas din sana. Good thing i found your channel😊 learning so much! Thank u for sharing your thoughts, looking forward to ur next video=)

[@jonjonambion8613]

Watching from California, good luck to your channel.....

[@salee_talks]

thank you 🙏♥️

[@jun4squarevids]

We retired at 46 (47 na kami ngayon). We intentionally choose the comfortable lifestyle instead of a luxurious lifestyle to be able to invest regularly and live off only on passive income. With this strategy, we can leave an inheritance to the next generation.

[@ardeemaq2114]

sir ask ko lang po kung meron po kayo medical/hospital/health insurance? ask ko lng kasi nghahanap ako para sa tulad ko na 40+yrs old plus para pag ngretire ako eh di ko na isipin hospital bills

[@jun4squarevids]

@@ardeemaq2114 Yes po. Necessity po ang health insurance kaya kasama dapat siya sa monthly budget aside pa sa emergency fund.

[@nourishyourdna]

great thoughts Salee! keep them coming! 🥰

[@salee_talks]

thanks! 🥰🙏

[@alfonsotan9997]

Problema kapag nag retire ka sa Pinas, parati kang aabalahin ng mga relatives and friends asking for ayuda.

[@salee_talks]

😁

[@marianeil6630]

Live far away

[@apoloestrada2908]

Walang problema yan sa relatives ko, majority of them have a decent jobs and working abroad.

[@kristinhannah001]

up to you to set clear boundaries and limitations, bakit laging pinoproblem yan? hawak ba nila wallet at ATM nyo?

[@FarmProduceTV]

Retire broke no one will bother you!👍🌏

[@solhoffmann7491]

How about living alone and wanting to retired in the Philippines ? How much do I need monthly ? Greetings from Germany.

[@jb769]

May nakalimutan ka Ms.Salee sa computation should multiply the annual savings to the expected year after retirement.

[@salee_talks]

Hi @jb769, thank you for pointing that out! I decided to omit that calculation because everyone's lifespan is different 😊

[@Bobjesb]

What about if you don’t have a house, just want to rent? Since you want to go back to the US every year.

[@salee_talks]

Great question! If you don’t have a house and plan to rent, you’ll need to budget for rental costs depending on the area you want to live in. Renting offers flexibility, especially if you want to travel back to the US annually. I'd suggest researching rental rates in different regions and factoring in how often you'd travel. It’s all about finding a balance between living costs and your travel goals!

[@robocop581]

These are usual complaints I see from Retirees in the Philippines. Dogs barking, karaoke parties in the late hours, incessant jeepney and bus noise, crappy clinics and hospitals, ATMs running out of cash, terrible food and restaurants, expensive price of imported goods, slow internet, periodical power outages, and poor road conditions and flooding. Like I always say, don't blame the place. Blame your budget.

[@salee_talks]

that's a good one! 👍🙏♥️

[@methemonkeyking]

How about traffic and government corruption?

[@jayandtina]

​@@methemonkeykingSame as other countries

[@robocop581]

​@@methemonkeyking I usually don't get affected by traffic whenever I'm in Manila because everything I need is within walking distance in my neighborhood CBD. And even if I have to go somewhere, as a retiree or visitor I can avoid the peak traffic hours and only visit other areas between 10am to 3pm. Past 3pm forget about getting a taxi or Grab. I also reserve my long drives on Sundays as the roads tend to be maluwag.

[@Herb2062]

😂

[@mickdhingsvlog]

Retire at 60 years old and GOD gives us another 20 years to live..20 to 30 years from now sobrang mahal na ng mga bilihin kasama pa mga Hospital Bills. Kaya need ng passive income kahit retired na tayo..Invest in stock Market or magtayo ng Negosyo...Buy stocks na maganda magbigay ng Dividends Like TEL or other Blue Chips Stocks in PSE. Invest in Tech Company AI Stocks NVIDIA. Study Forex another way to have passive income ask help for reputable Mentor yong talagang galing sa mga Institutional Bank Hedge Fund Manager na mga Mentor sa Forex..Hindi KZbin Mentor.

[@salee_talks]

Thank you for sharing your thoughts on retirement planning! I completely agree that passive income is key, especially as the cost of living continues to rise and unexpected expenses like hospital bills can add up. Investing in the stock market, building a business, and diversifying income streams are definitely solid strategies for securing a comfortable retirement. Your point about finding a reputable mentor for areas like Forex or stocks is important, too. Getting advice from experienced professionals who have proven success in these fields can make all the difference. I appreciate your suggestion and your detailed input! Wishing you the best on your journey to financial freedom and retirement!

[@Littleye2k2]

Salamat for giving examples! What is a good website to look for apartments to live?

[@gaviny-w3569]

The last option u sold me on philippines! How do I plan to go to the Philippines for retirement visa please? Definitely cannot do 3000 a week in new Zealand on that!! Nice video too :-)

[@retirementguidephilippines]

The retirement visa of the Philippines is called SRRV. You apply by yourself or get assistance from an accredited marketer.

[@BestoFornitero]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 200k to a decent 632k in the space of a few months... I'm especially grateful to Evelyn Infurna, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@BestoFornitero]

She's often interacts on Telegrams, using the user-name.

[@BestoFornitero]

@Infurnaevely1

[@kristenxmarie00]

Evelyn Infurna has really set the standard for others to follow, we love her here in Canada🇨🇦 as she has been really helpful and changed lots of life’s

[@RissJesse-lm9fm]

It's important to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.

[@NianLisa]

Profitable trading requires experience, a solid strategy, and preparation, which many lack. Understanding buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.

[@RobertShroder]

This is very helpful, thank you!

[@salee_talks]

Glad it was helpful! 🤗

[@michaelabrigo351]

Gr8 video...only 2 answers here...good health and alot of 💰💰💰💰💰

[@salee_talks]

🤗👍 thank you for watching

[@ronniebandonil9552]

I think if you have P50M in the bank it is enough to retire in the Philippines. Assuming you have substantial real property in the Philippines like farm and business. In addition to your pension in the Philippines and Abroad. Yong P50K na pension from US or Canada di mo na mauubos yon sa isang buwan.

[@salee_talks]

thank you for sharing

[@Ninya_B]

thanks Miss Salee ....love this video !

[@salee_talks]

You are so welcome!

[@franklindelrosario5936]

for retiree a couple basic life style Php 10,000.00 per month is expensive hindi magkakain masyado ang mga senior.

[@salee_talks]

Thanks for sharing your experience! It’s true that living expenses can vary depending on lifestyle choices. Some retirees find it easier to live on less by prioritizing certain aspects of their lifestyle, while others prefer a bit more flexibility in their budget. Finding what works best for each situation is key.

[@alextobias1320]

I try already ,mas lalong magastos,walang good inviroment, super hot the weather,walang kang magandang protekson,kahit Anong laki ang retirement pension mo doesn’t work Sa totou Lang, mas safety pa rin dito sa US,bakasyon puede pero tumira dyan No Way!

[@salee_talks]

@@alextobias1320 thank you for sharing

[@alextobias1320]

@@salee_talks yeah Sa totou Lang mas comfortable pa din ako sa US everything is here hindi ako nag-aalala specially Malaga ako nagretiro At the age of 50 years old dalawa ng Anak ko both are professional a Phd. At IT both still single,magastos dyan try na kami sa Cebu we have a Condo unit closed to the Airport,meron din kami sa Samal Island Davao, sa Batangas pa,cguro around $15,000 in every 2 months ang nagagastos ko pagkain,travel dyan ,kaya nga Mabuti hindi ako bumili ng sasakyan agad kundi laki ng pagsisisi ko,marami pang mga kapag-Anak na humihingi ng tulong,kaya nga ako bumili ng Condo sa Cebu para hindi na nila ako pustahan doon pero ganon pa din, ako Born and Raised ako sa Manila,at age of 24 years old migrate na ako sa US,maganda Lang dyan ay good for vacation in a month, for stay a permanent no Way! Marami pang manloloko dyan na mga Doctor kapag Alam nila na US resident ka tapos magpa-emergency ka sa Hospital wow grabe ang laki ng bayaran mo muna kahit my Insurance ka.

[@angelitaking3639]

Thanks for sharing this ideas very impressive ♥ God bless u ❤

[@salee_talks]

you're welcome ❤️🤗

[@SetFree-l4m]

250,000 pesos amount is all you need to retire in the Philippines comfortably.

[@MariaBusybunny8]

Yong mga pinoy galing US mas malaki ang retirement kasi kong magaling ka lng dito mag budget you will have plenty of money sa retirement mo. May SSS, IRA, stock, 401k..that's a big money coming in..halos naman sa pinoy walang mortgage masyado..

[@salee_talks]

thank you for sharing

[@airframer120]

Can you do a luxury budget for a family of 3? Meaning I’ll be sending my kid to a private/international school. Planning on retiring early sa pinas pero mejo bata pa kaya I still have a young kid. As of now I’m receiving 6k+ monthly and would like to know kung smart bang magretire na lang jan or just continue working abroad and makes 13k+ monthly

[@FarmProduceTV]

Good for you. You’re doing fine for now. Stay where your bread and butter is - that’s either the US or Canada or other abode? Then vacay to Phils once a year if you may. While on holiday scouts for cheap condo/townhouse/apt to buy with on-site mgmt company looking after the bldg. (because that’s the only way you can own properties in the Phils if you’re naturalized citizen). No worries if you’re dual. You can buy a detached home or a beachfront property. The condo is your abode while vacationing in the Phils. Let the on-site mgmt company look after your place for executive rental once you’re done vacationing. Let your child study abroad. On those Ivy League schools (does he/she got good grades?). He/she can be a very good manager of your clan properties when the right time comes. That’s how the Hiltons, Trumps, and the like started their empire. You can do it with the right mindset friend since you’re aiming for more and doesn’t sit quietly like me at the comfort of my humble abode in the rural area somewhere in the Phils. God bless and all the best.❤️👍🌏

[@airframer120]

@@FarmProduceTV well I’m turning 40 soon and I feel like working abroad is a waste of time when I’m already receiving my pensions. The way I see it is if I stayed here in the U.S I’ll just be working just to pay bills and not living the dream. Yan Ang pangit dito sa America if you’re a working class, you’re paying a lot of tax just to support those lazy people who wants nothing but handouts from the government. Meron naman malaking land and property yung mama ko pero sa probinsya at as much as possible ayaw kong malapit sa mga kamag anak kasi napakatoxic nila akala nila mayaman lahat ng nagaabroad 😂 my kid is a straight A student kaya importante saken ang school na papasukan niya till high school lang naman then I’ll send her ass back to U.S for college 😂 planning to rent out my house here in Southern California if I ever make that move para naman may maipamana sa anak ko when the time comes. Mejo napupusuan ko ang nuvali laguna area so magreresearch pa ako if that’s the right location for us

[@gaviny-w3569]

Thank you very much for the expenses for lifestyle in Philippines. How about expenses for makati city, comfortable or luxury lifestyle please - for a foreigner / filipina couple please?? Thank you very much. 😊😊😊

[@DiKambingcorn]

Gandang topic. Mejo mahirap lang pag dito sa Pinas nagwowork and dahiil rin sa inflation.

[@salee_talks]

thanks!

[@redmimisoo5960]

How bout the effect inflation of save money ..more effective if you invest ur money and double interest like potential asset like house for rent or commercial space for lease and bnb ..

[@salee_talks]

You're absolutely right-saving alone isn’t enough due to inflation. Investing in assets like rental properties or commercial spaces can definitely help grow wealth and hedge against inflation. Real estate can be a great way to create multiple income streams, especially if well-managed. Thanks for highlighting that important point!

[@Jo-me2zb]

My question is, paano po makukuha ang pension from here, kung mag retire kami ni mister sa Pinas. I’m dual citizen and American ang hubby ko?

[@benzito97]

Is that US or CAD?

[@romt5970]

Good information. May I know what kind of private health insurance coverage can you get for the budgets you mentioned under the comfortable and luxurious scenarios?

[@enchanting10]

This! Tsaka ang alam ko no private health insurance will cover seniors. I tried getting one for my parents, but they won't cover preventive. Hospitalization lang ang meron. This doesn't make sense. Mas gusto pa nila magkasakit muna yung matatanda. If you have recommendations on health insurance carriers who will cover seniors, please do share. We all need to know about them. Salamat!

[@JunRoss-pp3mv]

@@enchanting10 No affordable health insurance in Pinas when you're 70's & above. A few companies but it will cost you $500 to $600 per person a month with limited coverage. Big problem in Pinas if you retire. In the US, you pay $174 a month for life with unlimited coverage.

[@enchanting10]

@JunRoss-pp3mv in the USA, it is against the law to deny health insurance based on age and pre existing conditions. Insurance premium though gets more expensive as you age. But at least you'll still get coverage. So are you saying there are health insurance available for seniors in PH? They covered preventive, not just hospitalization?

[@JunRoss-pp3mv]

Talking about Pinas healthcare after 70's & above. Few companies will insure you & it will cost you $500 to $600 a month per person with limited coverage.

[@tjcben1]

This is the biggest variable especially as you age. There's no socialized health care plan so 50 to 70k a month-maybe more- is more realistic. Quite sad since other countries offer far less for retirees.

[@noelechalas6485]

i'm turning 62 next year 2025 and i'm a green card holder can i get my monthly pension if i want to go back to the Philippines ?

[@mfrancisco4242]

Public transpo like jeep or tricycle are for younger people. Kapag retiree ka, mahirap sumakay sa ganyan transpo even climbing up the bus overpass and the MRT. Tama ang small car na 2 man lang para alternate sa coding.

[@salee_talks]

"I agree, public transport here in the Philippines can be challenging for retirees. Having a small car can definitely make life more convenient, especially with the coding scheme in place. It’s good to plan ahead and consider what works best for your mobility and comfort. Thanks for sharing your insight!

[@butchpam]

Absolutely. Liked and subscribed too fellow vloggers too

[@salee_talks]

Thanks for the sub!

[@normastafford9716]

Can i retire comfortably in the philippines for a $2250 SSS monthly ??? Olease help ::: thanks

[@salee_talks]

With a monthly $2,250 SSS, it's definitely possible to retire comfortably in the Philippines, but it depends on your lifestyle and where you want to live. Some areas are more affordable than others, so I suggest looking into locations with lower costs of living while still offering good amenities. Planning your expenses carefully will make all the difference!

[@jaime2581]

Great Topic, but applicable only to those with business or high paying jobs. Maybe you should edit the topic and include that as a disclaimer.

[@salee_talks]

thanks for watching

[@loraqgui]

Having a high-paying job or running a business have nothing to do with retirement, so your comment is out of topic, actually. I am not sure if Salee will have the experience to cover those topics (how much do you need to earn via a job or business to live 3 different lifestyles in the Philippines if you are not ready to retire).

[@florenciaclaveria5838]

Consider..hmo, property 8nsurance, househelp..etc

[@sdrsdr1176]

Lahat maayos kung mag re-retire ka sa Pinas kung meron ka ngang bahay. Paano kung WALA? Imagine kahit high roller ang pension mo at your age bibile ka pa nang bahay. Sa koryente nalang na every year at tubig tumataas ang mura lang sa Pinas pagkain. It's better just to tour Pinas. Ma-init, Traffic, Polluted. Ang mga nag re-retire lang sa Pinas are people coming from the province who have worked abroad. Baha-in pa Brownout at internet connection mahina. People who are tired of cold climate & wants sunshine all day long that's what some foreigners like. But, the congestion & unpredictable weather. I don't see why retiring in the Philippines is good.

[@salee_talks]

thanks for sharing your thoughts

[@jamesa4508]

If you have a house and lot and a farm with SUV to ride with in the Philippines and have enough funds and savings i think you can have a sweet retirement and enjoy the rest of your life most specially if you are in the province with fresh air no traffic less stress...its a happy life enjoy it.

[@sdrsdr1176]

@@jamesa4508 As I was saying. Paano kung wala? I can live in Pinas with a house & lot on a $800.00 retirement plan even without a car and don't tell me to buy a house retiring at 70.

[@Amanda_downunder]

Is it possible to live there on a pension, the Aust pension is not that much .. I wish to retire away from Australia. I like basic, but with some comfort. I may also consider Vietnam or Cambodia, not sure yet. I will listen to your videos ... I need safety, and nice environment. ty. 👌💚

[@Jesus-w3d8l]

Anong year yan? Now maybe you should inflate that by at least 10%

[@delvinatabing5598]

Bakit walang budget for property tqxes and house insurqnces doon sa me sariling bahay

[@francis6856]

how about the effect of inflation

[@matperez1168]

Income namin ni misis combine $190,000 isang taon Kulang sa usa sa mahal ng bilihin California here

[@joserizal1158]

$190,000 kulang sa California bka celebraties status ang liftsytle nnyo!! 😱🤣

[@matperez1168]

@@joserizal1158 di mo ba nababasa madami na 30 40 anyos bumabalik na sa parents para share nalang ng rent Need po dito ay 300k pataas para mabuhay ng maayos

[@JenLimyu]

❤❤❤

[@bengbeng208]

@@joserizal1158if that’s gross income, more than 30% goes to Social Security, FICA, Health care, Medicare, SDI, Union dues(?), and FTB. I retired in 2016 as a compliance specialist at the state of California in 2016. My pensions with CALPERS and SS is little over 60k a year that’s net except Federal taxes. I have moved out of California because I can’t afford it. I’ve been divorced many years ago and my kids are all grown and professionals. We don’t live with our kids or our kids don’t live with us in this country. You’re on your own.

[@marivetboysillotravel8223]

Im love to be back in philipines whennim retired

[@salee_talks]

thanks! 🤩

[@dang2902]

You should include expenses going to relatives

[@salee_talks]

👍

[@KingRod026]

English sana ang pag explain mo para sa mga foreigner. Tayong mga Pinoy, madalas umuwi kaya alam na namin ang in and out ng buhay ng Pilipinas.

[@salee_talks]

thanks for the comment.. noted

[@tawjoy]

*DALAWA BAHAY KO. MAY BAHAY AKO SA AMERICA AT MAY BAHAY AKO DITO SA PINAS. FULLY PAID NA ANG MGA BAHAY KO. RETIRED U.S. ARMY AKO. I SERVED 22 YEARS SA ARMY. $7000 A MONTH ANG PENSION KO FOR THE REST OF MY LIFE. FREE HEALTH CARE AKO SA SAINT LUKE HOSPITAL DITO SA PINAS AT SA VETERANS HOSPITAL SA AMERICA. 45 YEARS OLD LANG AKO AND SINGLE. DI KO KAILANGAN NG ASAWA. ASUNGOT LANG ANG ASAWA*

[@laagpamore-j4d]

e capital ko rin AKO RIN AYOKO NG ASAWA, SUPER ASUNGOT LANG ANG ASAWA :)

[@maehutto5]

Tanong ko lang po pag vet dito sa US at mag retire sa Pinas at magkasakit, yung VA sa Manila ba may accredited na hospital na pagdadalhan na VA ang sasagot? Di po sya retired sa military but may VA benefits sya since nag army sya like hospital,.meds nya is galing VA.

[@tawjoy]

@@maehutto5 *YES EVEN IF YOU'RE NOT RETIRED, IF YOU GET VA BENIFITS IN THE U.S. THEN YOU CAN GET FREE HEALTH CARE AT ST LUKE'S MEDICAL CENTER HERE IN PINAS. ARE YOU A COMBAT VETERAN OF IRAQ AND AFGHANISTAN WAR? ME HERE WAS SENT THERE DURING THE WAR*

[@joserizal1158]

HA?? 😱ano 22 yrs service retired sa Army $7000 monthly pension mo eh ano ka 4 Star General rango mo ng magretired ka??? 😂🤣

[@maehutto5]

@@tawjoy asawa ko po ang vet.

[@bettybush8806]

It's easy for you to say that.But for us it's hard to do especially when you don't have enough money.Okay t This is just my opinion?

[@Amanda_downunder]

There seem to be lots of expenses.

[@mkga6274]

You dont want to retire. Mas maganda pa rin palagi ka may pinag kakaabalahan kesa pahiga higa at parelax relax lang

[@salee_talks]

Retirement doesn't have to mean stopping everything. It's about having the freedom to choose what keeps you busy. Whether it's pursuing hobbies, spending time with loved ones, or even starting new projects, staying active is key to a fulfilling life. 😊

[@mkga6274]

@@salee_talks that makes sense.

[@manijj4j52]

True ! Doesn’t mean you are a retirees to stay flat everyday ! I bought a lot with coconut plantation ang veggies ! With my point come to retiree my wife &1 simply do are planting cultivating etc! Di ba fresh fruits veggies from our own lot! Save our money too😁

[@Elias-q2w]

Totoo po ba pwede mag retire on Bitcoin?

[@RosemarieBalasbas-bk5ws]

Thank you

[@salee_talks]

welcome

[@AngelFire-q9b]

How about house repairs and maintenance , property taxes, home insurance ?

[@salee_talks]

just add it to the estimates

[@josedolly9699]

*_ako me $3k/month pension d2 sa US, pwede na yun siguro, kaso in 4 yrs pa, kaso sakto lang pala sa kwentahan mo_*

[@salee_talks]

Thank you for sharing, Cesar! $3k/month is definitely a good benchmark for many, especially depending on lifestyle and location. It’s great that you're already planning ahead. Wishing you all the best as you get closer to your retirement goals!

[@Fredieprayla]

Maniniwala ako sa mga pinagsasabi mo kung ikaw ay may sariling karanasan, pero base sa edad mo, I don't think you are the right person to talk about retirement.

[@salee_talks]

Thank you for sharing your opinion, @Fredieprayla. I understand that I may seem too young to talk about retirement, but I’ve learned that knowledge isn’t only measured by age but also by experience and research. I share these insights to help others start planning early, based on both my own experiences and lessons from those who have already retired. It's important to start early to secure a better future. I appreciate your feedback, and I hope you found some valuable information. 😊

[@henrycallueng3000]

Please include taxes and insurance of properties

[@joejoe-is7ul]

570 minimum wage...pede po ba akonmag retire sa luxury class? 🧐

[@hernstv]

Invest, invest, invest.

[@JoReyes-d3w]

Most provincial areas have now access to all needs so stay away from big cities but stay in provincial cities.. I have lived for 2023-2024. Have a house water electric 5k w ac, for internet 1k, gas driving Camry every day 5k a week, medication 1k, Lantus insulin 1k. Food to cook fresh fish fresh kill meat cheap veggies but eating out sr discounted 20%+ or @ 1.5k a day.. 33k plus food say 50k including treats! 83k total!!! I’m a golfer every day so that’s personal so not included hereHaha

[@mindalogronio8726]

August 2024 THAT'S NOT APPLICABLE NOW

[@mkhuang2760]

👍👍👍

[@BEACHDUDE71]

3000 a month should be fine

[@Jmtoledo69]

Hello po pano naman po kung may kids pa Tapos ng rent eh gusto na po umuwi Ng Philippines

[@salee_talks]

you might want to check my other video "cost of living of family of 5 in the Philippines" to have an idea

[@Jmtoledo69]

@@salee_talks thanks

[@magnummesiona72]

👌👌

[@horstguenterstahr7728]

If a Filipina has a bank account, then she could possibly receive money from me in dollar currency. then she goes to ikea and shops in dollars.

[@nakuryenteh5636]

Very easy to understand the presentation. Thank you.

[@rabidfarmer9765]

Confusing what the car cost is -was that the monthyly payment? or gas only? I did not see the cost of hospitalization? LOL. All this is crock - half of cost is food? The healthcare cost is just the monthly payment coverage and they have not even been to the clinic of the hospital. Those costs you are putting out, how does a normal Pinoy pay all that? or pang Expats lang yan? Too funny -

[@medinam420]

Depende sariling Life style magastos lagi sa Mall

[@gisellelim1424]

Stick to one currency , confusing with 2 currencies you dont know which dollar your talking about U.S ,canadian, austral etc . Headache doing convertion and listening to lots of figures. Unhelpful video just a headache numbers

[@salee_talks]

Thank you for the feedback! I appreciate you pointing that out, and I understand how switching between currencies can be confusing. I’ll make sure to stick to one currency or clarify the conversions in future videos to make things easier to follow. Thanks again for watching and sharing your thoughts!

[@happyjojo626]

Savings / stocks / SS pension at 62 y/o I just want to live the remainder of my life in peace. My properties in the US bahala na mga anak ko. They can sell it when i am gone in this God's green earth. At least kapag gusto ko pumunta ng US may bahay ako na tutuluyan. Sa Pinas naman ayaw ko tumira sa Manila , punyeta sa ingay. Papasyal lang for 3 nights 😁😁😁

[@salee_talks]

It sounds like you’ve built a solid foundation for a peaceful retirement! Having properties and investments in place definitely gives peace of mind. I can totally relate to wanting to avoid the hustle and bustle of Manila! Enjoying a visit for a few days sounds like the perfect balance. Thanks for sharing your story.

[@happyjojo626]

@@salee_talks You know the biggest mistakes of some Filipinos in the US? They invested in liabilities like expensive cars, vacations in exotic places, expensive clothings kala mo Hindi sila tatanda.

[@coragardner5555]

Thats not true

[@salee_talks]

Thanks for sharing your perspective! Everyone's retirement situation is unique, and what works for one person may not work for another. Could you share more about your experience or what you believe is true? I'd love to hear your thoughts!

[@soulfly1120]

Lapit nko dyan.

[@salee_talks]

yey! congrats

[@albertjavar5873]

Isang sakong bigas ang kailangan na magretire babe