HOW MUCH DO YOU NEED to RETIRE in the Philippines? | Simple Extraordinary life

Nowadays, not only does one have to think..how much do I need to retire, but also, WHAT WILL IT TAKE to get there? Disclaimer: This video is not a financial education type of video.
Hello! We are a family of 4 building our own home in La Union Philippines. After 25+ years of living in Toronto, Canada, we decided to move back to the Philippines to start a new chapter.
We are in the initial phases of our home build. Our goal in this new chapter is to prioritize those important to us, things that add value to our lives, and master the art of simple intentional living. The real fun is about to begin!
In this channel, you will find a snippet of our province life, as well as things we learn along the way.
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[@J-Tyson558]

It's great that some Filipinos are still going strong in their 80s and staying physically active. But the reality is the average life span in the Philippines is 72 years, whereas Canada is 83 and the US is 80. Diet, physical activity, emotional support, good genes and social factors all come to play.

[@Dapper_Dean]

My lola lived up to 103, because she ate a lot of veggie dishes with very little meat too. She's from the Abra province, which has a very healthy environment as well.

[@reflections-relaxmusic]

My dream is to also retire in the Philippines one day. It is very inspiring to see your beautiful family living out your dreams. More power to you!

[@Angelwinggsaustralianpinay]

We did not have 1 million but we made it here in Philippines from Australia..very happy now and not even a retired age ..😂😂😂❤❤❤

[@OHANA-Beach-Suites]

GREAT JOB ON ALL YOUR PROJECTS! LOLA LOOKS AMAZING AT 86 YEARS OLD! VERY TRUE ON AGING IN THE BEAUTIFUL PHILIPPINES! LETS GOOOOOO!!!!🤙🤙🤙

[@neilanthonytijing3663]

You’re building a big house and it looks great! You do have extraordinary life… but not simple anymore 😊

[@robocop581]

To those that don't have millions, please don't judge us as we didn't necessarily work that hard to reach two, three or five million. A lot of people with high net worth let their investments work for them while they slept like a baby at night. Of course there's an initial grind but that's just like any plane that needs to take off from the ground to reach altitude.

[@ebbust6181]

Very achievable if we all work hard on it. Staying positive . Work hard in silence . Your business looks awesome good luck ❤️ from California

[@loudspeakerp2637]

Wow 86 vn still going strong when most half her age r having health issues

[@raffybbc]

More power to you guys! Will definitely book a vacation at your properties! 👍💪🙏

[@khaxandrakhaxandra1400]

hi you guys are Ilokano fam? that's amazing to know..wow which part in elyu is your resort soon? Im glad you're back home! I am an ex OFW as well but sooo good of you guys to have each other, to reach dreams together..Itsss sooo good to be back home, money is here too!🇵🇭

[@artvandelay409]

I respectfully disagree with your analysis of the elderly being more independent in the Philippines than Canada. The reality is that most elderly in the Philippines are dependent on their children financially and to provide a roof over their heads. In Canada, elderly people live independently on their own and don't depend on their children financially. Society in the West accommodates the elderly much better with wheelchair access on the side streets, better healthcare services that are free, home delivery of food, para-transit services that feature custom-built buses that can accommodate wheelchairs for mobility-impaired seniors, and community outreach programs for the elderly. The elderly also live much longer in Canada. It's very common to find seniors over the age of 85 still living on their own in Canada and able to get out to grocery stores in their own cars. You rarely ever see anyone in a wheelchair in the Philippines because they don't have the infrastructure in the cities to support wheelchairs. That means many elderly are confined to their homes.

[@lizalim3840]

Agreed 100%!

[@user-tq2uv6cc6k]

Yes i agree too! Canada and US still the best to retired. I’m sorry.

[@daveariz]

100% true. Their definition of “independent” is limited and lacks depth.

[@sidlee7205]

That's all true, but what he's saying I think is that his grandma is independently moving around on her own and still have the strength to do things without physical assistance and at the same time looking healthy and not sickly at her age compare to those he took care of in Canada when he was in the health field.

[@artvandelay409]

@@sidlee7205 I don't think he meant that at all. He never said that anyways. Besides, he worked in a hospital where he provided care to very sick people. You can't make a fair comparison to someone who is sick in hospital to someone who is not sick at all.

[@GioRoyale]

"...How come a sprinkler give US so much JOY...?" I feel you. Maybe it takes much less than a million bucks. Love you guys.

[@RDLACHICA]

Stay safe and happy and healthy! Malapit naaaaaaa and resort!!

[@Kitinstravelandfoodtrip]

Ang ganda ng intro🎉❤😊, nice sharing your story my friends 😊🎉. I loved that you talked about your lola.

[@jetd9716]

Looking good, almost done. Can't wait for my 50% discount coupon in the mail. Greetings from Cebu.

[@arnolyns8559]

You are inspiring and right! PASSION OVER PAYCHECK❤ Living in the Philippines if you have savings from working abroad, is the real way of LIVING BELOW YOUR MEANS and LIVING THE DREAM😊 Cheers to retiring early! 🎉We will be there soon too.

[@mamanet4895]

Would really love to visit La Union once your project is finished!

[@tedlasalvia9668]

Words from a young family to live by! The biggest hurdle that people have is the Fear of Change! The purpose of the $1,000,000 is for people to be able to survive their future mistakes. I love this video as I wish I had seen this 30 years ago. At 62, I'm not yet retired and I have a great job. My focus is preparing for that retirement in a handful of years while getting my daughter through college. Contrast that to the life you've lived. What people don't see is the grinding you did for a number of years to save everything you could in order to realize your dream. You just decided at some point it was enough. It's a great philosophy to have as you know that we are never promised tomorrow. Now, you are doing a different type of grinding in the PI, but it's grinding for your dream! Ok, that's enough words from the boomer! Be sure to enjoy your dreams!

[@tunaypinoy7201]

We may not have a good healthcare in the phls... but our elderly here are more mobile and enjoys the bonus plus age they have ... Both sides of my grandparents are in their 90’s ... yun isa give up na nya ang permanent residence nya sa America , mas mapapadali Lang daw sila mamatay pag nasa Ibang bansa sila...sa pinas kc Madami sila kausap , gulay ang kinakain Nila at Kahit senior citizen na pinoy children would still bring their parents sa mall..

[@lifewithnagh]

Hopefully you’ll be open soon! We are coming home in two months and would love to visit your resort😊

[@oursimpleandextraordinarylife]

Definitely open in 2 months, can't wait to have you here. There's a chance we might put you in our vlog. Haha just playing : )

[@lydiadrapiza1707]

Glad to see the whole fam happy and enjoying simplicity of life.❤❤❤

[@JunRoss-pp3mv]

Just remember that healthcare in Pinas is so expensive. Living in the province is cheaper but when it comes to healthcare, doctors doesn't have advance medical knowledge. Hospitals are ill equipped. If you need a more complex tests, procedures or major surgery, you have to go to Cebu or Manila. It ain't cheap. Major surgery cost 1.5 million pesos.

[@lucitajavier1469]

Lakas pa ni lola, mga ilokano mahilig sa mga gulay. no maintenance galing.

[@mariasilot9441]

Thank you for your advise help to think about retiring.

[@lynn8126]

Being Canadian citizens, you don't have to worry about healthcare. I would love to retire now, but the US does not have universal healthcare; hence, work until I've reached that "comfortable blissful lifestyle" and the ability to afford healthcare out of pocket. I do hope you two succeed in the Philippines. You've worked too hard not to succeed.

[@gorioecho9789]

one million US is the equivalent to a pension of $3k per month for the rest of your life (1.3m $4K monthly) ($670K at $2K monthly) so how much do you need? lol - wait till 70 to claim Social Security for absolute max (benefits you if you live beyond 80) - my projected Social if I wait till 70 is between 4-5K monthly - if I retired this moment could live on about $2.5K monthly till 70 then $4-5K on top - wouldn't be easy in the US but easy to live off either in the phil's ... let alone stacked, lol

[@lermadonnachie735]

You're so lucky you've left work at an early age. Most people can't do that. They work beyond retirement age of 65. But I admire you both because you've got the guts to leave work and pursue your dream of having a resort. When do you think your resort will open. I would love to visit it in the not too distant future. Thank you for the update.

[@oursimpleandextraordinarylife]

Hi Lerma we are already open ☺ we would love to have you in the Resort one of these days

[@lermadonnachie735]

We would love to visit your place when we're on holiday next year. Wow! It's wonderful to see Inang still so strong and healthy at her age.

[@debp9]

Truly an inspiration.We hope we also have the courage like yours to settle down in the Philippines.🥰

[@beccacorey]

Hi, I enjoyed watching your videos! Thinking of moving my family back to the motherland. I’m still weighing the pros and cons. If it was just me, it’s an easy yes but my husband is white and our son has to go to an IB school because he has to go back here in the states for college.

[@MinervaJeanFalcon]

BRENT in Baguio has an IB program.

[@beccacorey]

@@MinervaJeanFalcon Yeah, I wanted the one in Subic because the one in Laguna is super expensive. Baguio is the cheapest.

[@hellokitkath3329]

for you guys, how much do you think is needed to move to the phil and start a business like yours?

[@dare2bda137]

Your g'ma is lovely. God Bless her heart 🙏 Im so excited and so happy to see this video. It's a blessing.. I would normally watch on the TV and no option to leave a comment or I just haven't figured it out. Lol. I will definitely stay in your resort when I visit soon.

[@oursimpleandextraordinarylife]

Can't wait to have you here : )

[@rachelzigler9796]

Love the A house and your Family

[@junmedrano7441]

How come you guys are not making anymore videos?did you go back to Canada for good?

[@limtseho3540]

And no response.... Disappointed.. Hope u come back

[@MRS.RM1]

Philippines is our blue zone ❤

[@oursimpleandextraordinarylife]

Yes Blue zones 💙 definitely exist here specially in the provinces.

[@ethananthonyrodz26]

I just need half a Mil to retire, ill be a happy camper.

[@user-tq2uv6cc6k]

Hi i’m sorry to say this. But those dog are really uncomfortable for them. Please let them lose inside your home. If you can’t take care of them just put them to the shelter. Dogs need activities like us. Imagine being in the cage all day? If you can imagine the the jail. You can still walk around. We us filipino need to change this. My dog is roaming in my house potty trained , This is really sad. That lady is cleaning the cage too?? If you leaving in simple life. Take those dog outside the cage please!!

[@oursimpleandextraordinarylife]

Yes, I definitely agree... those dogs are our other family members dogs. Will let them know about your comment.

[@hannaliza2221]

That’s what I want over looking the ocean with infinity pool 🤗😂

[@rabidfarmer9765]

Asked my grandma = apay nga nabiag ka pay lang? She laughed - LOL. I love Ilocos - grew up there.

[@herbs369]

❤❤❤ the A frame.

[@ebbust6181]

Are you guys ok?? From California

[@rein3684]

How much was your house? Filipino American here

[@Lizzi7529]

You said you may or may have not washed your face yet, but how would you not remember if you had washed your face? Does that mean you can't remember if you brushed your teeth as well when you filmed this video? But mostly, you did washed your face.

[@mrslsbc6594]

By the time I’ll be in pinas it’s not gonna be done in April and May I guess …sayang wanted to stay 😊

[@oursimpleandextraordinarylife]

We should be open by the end of March, so we would love to have you in the resort : )

[@kennethso6811]

Question: Why don’t we just hire a property manager and rent out our primary residence in the United States. We’ve all been working our whole lives to pay it off. Then retire on the rental income in the Philippines or Thailand?

[@oursimpleandextraordinarylife]

Thats what I am saying, when the mind starts to shift you'll find a way to reach any goal.

[@IvansBikesBmws]

If you are saying to yourself, wait for one more million , than you will never get there.

[@LGP-rn3rn]

One million is not much of a nest egg ….you will find that out when you live independently. Right now, You are living off of your family’s resources. So you are content. How long before they get fed up and kick you guys out?

[@artvandelay409]

@@LGP-rn3rn They had a condo and house in Toronto. Have you ever seen the housing prices in Toronto? I don't think they are having issues with money. lol

[@oliveleanda6480]

Nice na day

[@johnprantner6191]

Very sad how you keep those dogs in cages

[@kooob81]

we're gonna visit ur resort soon it looks great i hope the price is also great.😂

[@oursimpleandextraordinarylife]

Please do! Best price in town

[@chibogabog9554]

Hello, who pays for the electricity and water being used for the constructions of your projects ? Builder po ba or owner ? TY !

[@oursimpleandextraordinarylife]

The engineering firm pays po for their own electricity being used in the site

[@grasvaldez184]

For me Its better you invested your money in Mp2 in Pag.ibig the interest rate ds time is 7.05% and free tax...your 35M will earn 2.4Mplus interest every year...

[@oursimpleandextraordinarylife]

Wow g2 look into that

[@oursimpleandextraordinarylife]

Thanks

[@artvandelay409]

@@oursimpleandextraordinarylife The higher the payout the more unstable the investment is...becareful.

[@venusmendoza694]

True, if it's more than 4%, start to worry because there's a catch big time!

[@MinervaJeanFalcon]

Pagibig Mp2 is locked in for 5 years!

[@carara979]

True👍🇵🇭🇨🇦

[@corazongregorio9098]

Are u near to Kabsat Restoration…

[@adlrvet5313]

the title of your video is How much do you need to retire ........... WALANG GANUUN EH. did you just want to show the progress of construction and the pool?

[@khairosaranquin412]

Karruba🇵🇭

[@Danny-wd3tq]

I can't wait to leave the United States. The way of life is just so not it in the United States.

[@johnramos3335]

U speak fluent tagalog bro don’t pretend!

[@oursimpleandextraordinarylife]

Yes I do very much specially being here for 3 years now. I'm proud of it, but sadly when I speak it and a bit of taglish comes out the locals know already I ain't from here. I wish I could speak the native language Ilocano too but lost it growing up in Canada since 7 years old. But I'm here to regain the roots : )

[@coolstorybro2838]

Hey guys, we’re here in Bacnotan is your resorts done? We’re looking to rent.

[@oursimpleandextraordinarylife]

Yes we are up and running... go to our FB page ( Paraiso Del Bacnotan Resort) and book there and hope to see you here.

[@coolstorybro2838]

Wow, malapit kayo lng dito sa tita ko, sa baroro .

[@glenlynch1]

Let's get real... you stated you worked in Canada's Health Care System for 12 years. And compare your "clients"? "needing care/assistence" to a Philipino... Look at the "life expectancy" to prove how wrong your claim is. The wverage Canadian wo/man lives near 20% longer... Case closed...