What’s The Average Expat Retiree Make in the Philippines? Well it Depends…..Here’s Why !!

A brief description on what I see as the average Expat Retiree Income broken down by the type of VISA.

[@jiminfla5951]

If you're married to a Filipina all you need is a 13A Visa and you're golden. I show up to the BI Office once per year and it's 525 pesos. Don't fool around with any other Visa if you're married. Like I've said before several times....Filipino families are living on around $500 a month (families of 4-5). It doesn't matter how much money you make. Less than 3% of Filipino's are making more than $1000 a month. You can live a very happy life in the province (Mindanao for example). You can make it.....you're not living in the USA anymore, you're in the Philippines

[@Robert-lq5cc]

If I was married to a Filipina in the Philippines I would apply for the military SRRV because if my wife should pass away I would revert back to a tourist visa and if you want to go the 13A route then you can marry again. With the SRRV you can stay and leave whenever. That's just my take.

[@BrotherRoy]

You're right. For the first few years I did the leave annually, call it a vacation and traveled and came back after two days. After awhile that becomes boring and you get a certain age, you don't want to be bothered with traveling, which is my take. So, I got the 13A Visa and it's absolutely great. In fact, I took the hint of two Immigration officers who suggested, if you're married get the 13A because coming in as a tourist they can reject you. No guarantee's about entering. Actually, I don't even think it's 525 pesos per year for registering and now that Intramuros is not the only game in town, like this year went to MOA, no lines, I'm over 60 and it's in and out, and I sat the entire time except for when I needed to take the photo. One of the assistants had my wife do everything on my behalf! It was great. If she should pass before me, I would still maintain my status. No other place I'd rather be.

[@jimcunningham61]

That’s what I’m looking at the 13-A visa

[@davegoody-nr3gy]

Those immigration officers are of course on commission , it costs 35k to get via back door but in real money around 8k but yes it's the best visa if your married to a pinay and you only need to renew the ACR card each 5 yrs at around 3k...

[@davegoody-nr3gy]

​@@jimcunningham61 Best option out there dude

[@michaelstewart399]

I live on $ 1400 per month famley of 3 my visa 13 A if i were in usa we would be homeless

[@BelusTraveller]

Truth

[@zpatrickz81]

Fact.

[@nevergiveup-db6fp]

Yep😀🌴🌴🍺🍺

[@JenGioPhilippineJourney]

Perfect way to put it we broke in U.S.

[@rebeccacooper65]

You will have housing8 & food stamp entitlement LOL

[@stevemcclory2945]

Hi Steve, I disagree with a point you made. You mentioned the Government/VA is going to take away Disability Pensions from Disabled Veterans that earn high incomes. The proposal if I recall was if you earned more than $125k per year you could not collect disability. I am 100% disabled service connected, 53 years old and receive $3,622 per Month in VA Disability. I earn $165k per year and I live in Cebu City. I can barely walk Steve, I have over 20 different service connected injuries most of which sustained in a Combat Zone as a young Infantry Squad Leader. The VA Disability Pension Evaluation does not award disability based on Race, Income level, Education Level, Religion.. etc., but strictly on the service connected Injuries. Just because I do better financially than you since I left the Army after 7 years of honorable service, enlisted, I should not receive my disability pension? That I am hurting others because I earn a decent income? That is socialism, and just unfair. I wish I could go for a hike or just go for a long walk, it will never happen. My body is riddled with injuries from my military service. I see you walking all the time, it must be nice.The last thing I read regarding the proposed bill you were describing got shot down, didn’t even make it out of the gate DOA. FYI I am retiring in 8 months at 53, I really like your channel please do not take my comments personally.

[@Traveling-boomer]

They’re going to make adjustments but I think it’s going to be for the millionaire class. If you have a net worth of over 1 million then they feel it’s not necessary to show our disability or even Social Security because they look at it as if you’re a millionaire you should have enough to live on Without having the government give you anything even though you paid into it all your life because programs like that were designed to help people that don’t have a lot of money so if you have a lot of money you won’t qualify eventually that’s how they’re gonna pass the law I think it’s probably only fair I mean if you’re extremely wealthy, it really makes no sense to collect something from the government when you already have a mountain of cash

[@tg213]

i am a disabled vet., recently widowed. well off financially. i struggle to walk. contemplating retiring in the PI. how do you navigate and adapt in a place i suspect may not be as accommodating to the disabled

[@6foot596]

I am so sorry you have to go through that pain. I can't imagine navigating places in Philippines when you can barely walk :(. It's not very handicap friendly.

[@jmac5755]

100 percent correct.

[@Biotrog]

You deserve all your benefits coming to you and more. Thank you for your service, sir!

[@xtiann442]

I’m an estate planning attorney in the US. Always boggles my mind how people work so hard, and invest so smart only to live so frugally, only to have their family fight over the money in the end and only be remembered as a piggy bank. I always counsel my clients to enjoy the money while they are on this earth (at LEAST in the later part of life) because, 1. they earned it and 2. we will have no idea what happens to all we have worked for after we are gone. Have seen things go sideways more often than not when it comes to large sums of money. I guess as someone who doesn't have THAT kind of money I can't wrap my head around the logic of learn, earn save and die, all for someone else.

[@b.coxemba6799]

I understand your feelings, I give financial advice. I try telling my older clients, - you did well - it's time to start enjoying. I try expressing they're headed towards the average life expectancy as they hit 70. Explaining they don't have another good 50 years left. I guess old habits are hard to break.

[@kevink3975]

You make an excellent point ! It’s hard to switch from that saving mode for 40 years to spending. It’s taken me about 2 years into retirement to relax and spend. I won’t go crazy buying a Porsche especially in the Philippines, however I’ll do a lot of traveling and stay at nice resorts. The best thing is having the extra money to help others in many different ways here in the Philippines.

[@xtiann442]

@@b.coxemba6799 Thats a good way to put it. Old habits really are hard to break

[@burtonknows9201]

It depends on that person's situation. I was retired and enjoying a decent life, i.e., $25K a year pension, free retiree health, and I taught a class a semester at a local university. Then the bottom dropped out. My former employer declared bankruptcy. I lost retiree health, and my future pension increases were reduced. People criticized Obamacare. Thank God it was there. However, I was paying a hefty premium, even with a subsidy. I finally had to go back to work--at 59. Luckily, I got another FT job, putting as much money as possible into my 457(b) plan. But, I will have no retiree healthcare. I qualified for Medicare (worked PT and earned the SS credits) Part A, but I still will have Part B premiums, etc., and I don't want to be saddled with high out-of-pocket HC costs. Hence my large contributions per month to the 457(b) plan. My projected retirement monthly income is around $4500/mth, although my retirement projection says I might need $5200/mth. Given inflation and the fact I have four years and two months until retirement, the latter figure might be more accurate. Because of the concern for retiree HC costs, I'm looking overseas at countries with solid HC services at affordable costs.

[@xtiann442]

@@nobeody111 For sure.

[@carls9310]

Gentlemen, if you are planning for retirement and acting on said plans--you are doing more than most. Best wishes to all my American brethren who are just trying to live their BEST life without wronging others! Happy Fourth!

[@nightguy5796]

I agree my friend. Happy 4th to you and your loved ones.

[@martyfenton6184]

This is very true.

[@ianlewis2813]

Don't knock the Tourist visa, it's a great system for those who have no long term plans...

[@LeonardMarlin]

I just applied for our 13A visa but for the last 2 years we started at 1,500 the first month then increased it to 2,000 then after 6 months we increased our budget to 2,200 We make it a point to live on 50 percent of our monthly income and save the other 50 percent for emergencies, vacations, holidays, anniversary's and birthday's.

[@OHANA-Beach-Suites]

Good info here! I have been to Philippines 19 times. Me and my Filipina wife will move from Seattle USA to Cagayan De Oro City to open our Beach Hotel. Excited! LOVE PHILIPPINES! LOVE CDO!

[@donaldhawkins8439]

I lived there a great place.

[@OHANA-Beach-Suites]

@@donaldhawkins8439 Nice! See u in the future!🙏

[@winduncan9818]

300k at 4% drawdown is 1k usd a month. So for a guy getting 1500 SS payment he'd only need 300k in his 401k for 2500 total usd a month (taxes excluded), 150k for $2000. These are very obtainable numbers for anyone that starts contributing early. You don't need millions. Just need to understand compounding interest and start the earlier the better.

[@martyfenton6184]

There ARE many different expats. I'm retired in terms of having pensions, but I also work. We have two kids and it affords us the chance to live a little better, but we will never need to live in poverty. Steve's advice is simple - if you fail to plan you are planning to fail.

[@kenjohnson9654]

Married expats can get a 13A residency visa for a modest fee, which is good for 5-years. The main inconvenience is the requirement to show up in person at a BI office once a year, either Jan or Feb, to pay a modest fee of 500 pesos. If you show show up after Feb, you will then have to pay a penalty for each month late. The visa is good as long as you are married to a Filipino. God bless, take care.

[@richieredw9218]

You're right about that, I left Ph in August 2018 and had a 13a visa that expired in January 2019 and I got my divorce in Sept 2019. In August 2023 I arrived on a tourist visa and the Immigration officer asked me for my Icard, I told him it had expired four years ago, but to my surprise he told me it was still active???? Really??? He said I had to " deactivate the card and also said I may have to pay the penalty for the months time I didn't do the annual report. I advised him that I had left Ph for good and since the 13a visa is a "spousal visa" and I'm divorced plus the fact that you have to be in person to do the annual report each year, I don't see how I would get a penalty, also there was a period of lock down,when I was not in Ph. It was the same situation when I exited Ph. so i said if that's the case then I'll never visit Ph again. I had to go on their website to get information on how to "deactivate" the Icard, but it's a no brainer, I'll have to contact their Embassy for advice because whenever I write to the BI they just refer me to their website, also I have to be in person when I want to deactivate my Icard. Now I'm wondering if any other expats have a similar situation.

[@kenjohnson9654]

@richieredw9218 You arrived on a tourist visa August 2023?

[@ThomasLJones-dq5gq]

Very informative. I was planning on getting that visa, but I'm wondering if the veteran's SRRV might be better.

[@richieredw9218]

@@kenjohnson9654 yes because my 13a expired in 2019

[@richieredw9218]

@@ThomasLJones-dq5gq That's your best bet, the SRRV

[@mike-ulove2travel]

Hey Steve, Mike here this is a very good video. I've been doing some research over the years on what it would take to live over there in the Philippines and the information you provide in this video is very useful.

[@user-bd8zh3wj3z]

Been watching a lot of the regular KZbinrs talking about life in the PI, and I gotta' say I like your videos. You're a down to Earth guy and don't seem like the kind of person whose just out to make money off of your viewers and new expats. I just subscried. Thank you, Sir!

[@MrSteven5975]

Thanks

[@rfbos]

Figure tourist visa P51.24 per every 2 months X 6 = $307.44 + ACR $50 each year = $357.44 per year. SRRV courtesy app fee $1,400 + $1,500 deposit + docs, medical, NBI approx another $200 = about $3,100 ÷ $357.44 = approx 8.7 years you can stay as tourist for the price of an SRRV. Also, if the exchange rate changes higher, it could be over 9 years. I did not add in visa runs every 3 years because that can be included as a vacation if you're smart.

[@MrJrweir]

Love your breakdown, but it's not set in concrete the cost of your bi-monthly visa runs, which is set by the government....but, its food for thought.👍🏼👍🏼👍🏼

[@floodreliefinc8137]

Something to consider ! Good math

[@egovorch]

There was a good point you somewhat touched on but didn't address. The cost of renewing the tourist visa over the course of 3yrs (for those that decide to stay that long) verses paying the application fee and military deposit. That would be a good vlog to show the cost comparison going both ways. Not to mention the constant trips to immigration to get the extension and the stamps on your passport....thanks again for another great vlog.

[@jatal4891]

figure about php 2K peso per month (total averaged) for tourist visa fees, not including transportation costs and hassle. that's 24K in one year

[@egovorch]

@@jatal4891 that sounds about right then times that by 36 mos….then add cost of airfare to leave for s day or two….vs cost of military SSRV…and never having to leave and renew for $20 for 2 years…just a thought

[@rfbos]

Figure tourist visa P51.24 per every 2 months X 6 = $307.44 + ACR $50 each year = $357.44 per year. SRRV courtesy app fee $1,400 + $1,500 deposit + docs, medical, NBI approx another $200 = about $3,100 ÷ $357.44 = approx 8.7 years you can stay as tourist for the price of an SRRV. Also, if the exchange rate changes higher, it could be over 9 years.

[@jatal4891]

@@rfbos so that's an 8 year break-even timeframe... less if you factor out the $1500 refundable deposit, not to mention other hassles with renewing every 2 to 6 months

[@rfbos]

@jatal4891 1 month tourist is P1415. That includes express fee. Transportation is P60 round trip in a/c bus, about 10-15 min each way, so now P1475, not P2000. What hassle? I go there in/out 5-10 min tops. Once per year, it takes an hour for them to print an ACR card. It's a cheaper option for someone to get extensions to make sure they can even handle living in the Philippines than quickly wasting $1,400 on an SRRV and then having the hassle of getting the deposit back, which is not immediate. I do agree that if someone knows they are for sure, staying permanent, SRRV is the way to go, as the ROI is better

[@KrayPurn]

Listen, at the end of the day...regardless of how much money a person has, either they are going to have a really enjoyable retirement life in the Philippines, or they are not. Nobody, and I mean nobody can tell another human being what they would need to make it in the Philippines. I have both traveled around the Philippines and previously lived there and I have seen more than a few foreigners go belly up, and mentally broken...all of them because of a woman. If you are a frugal person, which you should be...you may often hear the word "Kuripot" or the less offensive term "Matipid" in the Philippines. Pay it no mind. More often than not it is an attempt to get you in the habit of opening your wallet when it should remain closed. Set up a budget of whatever initial amount and make adjustments every month until you hit your personal sweet spot. Don't allow a Filipina to throw you off your game and burst your budget. Don't be that Captain Save a Poor Chic type of guy as you will not make it, that I guarantee you. Foreigners not of a certain level of southeast Asia experience tend to become weaken and lose everything. So be patient, listen, and learn before you get yourself in to a situation where the water is above your head, and you find yourself on the verge of drowning. Not saying that you guys are not intelligent...just saying that intelligence don't often equate to street smarts and common sense. Filipinas have a way of making you feel like a combination of King Kong and Superman in the bedroom, while taking care of you as if you are their small child outside the bedroom. Your task should be ensuring that treatment is real by allowing time to past prior to you fully committing both emotionally and financially. Your best bet in my opinion is to enjoy the country, experience a bit of the naughty by nature side of the Philippines in order to increase the level of your BS radar, while waiting patiently for a Filipina who was either raised by her grandparent(s) or one who was orphaned.

[@imcaufieldholt]

Very wise words.... my experience has come from being Captain Save-A-Poor-Chick.... didnt end well and a lighter wallet for sure.

[@floodreliefinc8137]

Don't fall in love ?? Good luck with that ! The system is set up to help you fall !

[@marcmooney1713]

Thank you for an excellent breakdown of the visas for retirees, particularly veterans.

[@sonhuynh8222]

Just found ur channel. I really enjoy ur topics. Philippines isn’t my choice as I prefer Thailand but I think I can adopt most of the scenarios to Thailand as well. 👍🏼

[@jameswiggins7121]

Hi Steve, I disagree with a point you made regarding you belief that those veterans who might be high wage earners yet receive substantial disability compensation should be lowered and taken away. I was a healthy bodied individual prior to raising my hand to commit 20 plus years of my life to protect our country. so why should I have benefits taken away from me because my service connected disabilities allow me to receive $3,622 per Month in VA Disability compensation which is not a pension. I have over 20 different service connected injuries most of which sustained in a multiple Combat Zones. The VA Disability Compensation is strictly based on the service connected Injuries. I should not receive my disability pension? That I am hurting others because I earn a decent income? That is just unfair. I wish I could go for a long walk, or preferably a run it will never happen. My body is riddled with injuries from my military service. FYI I am retiring in 2 years and 4 months just days before my 67 birthday. No service member should have their benefits taken away because now you're setting a precedent similar to a lot of businesses who reneged on their promise to pay pensions to their employees who gave 25 - 30 years of the life to a company and to save the companies profit margin. The military would continue to suffer problems meeting its recruitment goals which might force this country to return to the draft. I'd love to see how our elected officials would deal with the mandatory call up of their children to serve and come home with life depilating injuries and think its ok to reduce the benefits their earned by their physical and mental sacrifices. 50 The Philippine Info Channel Reply

[@williamshaw8106]

Preach, brother!! 😮😮

[@danielwykowski6069]

Thanks for the info Steve, Im disposing of my belonging now but finding some days letting go of my lifes history hard. My goal is to there by fall. Hope to see you then.

[@lynnfulton9465]

Me too

[@realsteel8113]

I retire in 8 years, I really hope you’re still there when I arrive to help me figure out all this stuff 😅 Love your videos ❤

[@MrSteven5975]

You can do it!

[@bluedale6563]

If and when i come ...id budget for two Thousand Dollars a month plus insurance and emergency fund for my time in Cebu.....Thank u for another masterclass Steve

[@MrRichgounder1969]

My house is being built now for me and my wife and 3 kids. We will have no housing cost other than utility. We will live in the province about 10 miles outside Iloilo city. We will live on $1000 per month for a few years then $1800 after a few years. Everyone is different but if you really just want to live and survive you could make it on $400 per month.

[@miken.2847]

I have a buddy from Sweden that gets $700 per month. Wife's entire family live on that money in Olongapo. It's tight. He's one medical event from chaos, but it's his life. 🤷‍♂️

[@stevenhull5025]

I live on the same amount but it is only me. A one bed Nipa Hut with fan is my place of peace. It faces the sea with lapping waves to keep me company. My rent is $7 per night. I fish with locals, eat like a local and chill out like a local. My budget includes motorcycle rental. I don't smoke or drink alcohol. I'm now 70, a below knee amputee and living the Robinson Crusoe lifestyle. I have never been as happy as what I am now. No doubt I will die here. You do not need a lot of money to find peace unless you prefer western materialistic trappings of life.

[@glidden67]

@@stevenhull5025This is my dream. ❤

[@Robert-lq5cc]

Even though I'm not planning on living in the Philippines I personally think it's more important to have a substantial savings than it is for a 5 or 6 thousand a month or more pension mainly for medical purposes whether or not you have health insurance. I have tricare and BC/BS but you never know where your next emergency might be. Tricare preferred provider hospitals/clinics will file your claim once you pay your 25% and any deductibles. Certified providers recognize tricare and vice-versa but you have to pay the bill entirely and file your own claim for reimbursement. Not sure what hospital s accept BC/BS federal employees program insurance but i know Makati did and they would file your claim. Not sure if they do that now. I would set my budget between 2500 and 3000 dollars if I was living there and save the rest. Thats me and everyone has their own way of doing things.

[@MS-oz2wu]

Do you have a vid how to get setup in Cebu? I'm retired but don't want have to get a lease because I might not like it there. My thoughts are to get some kinda weekly/monthly apartment while I look around for a Condo with pool & a real gym, not just treadmills & other bs equipment, and a mall with healthy food & water. Just though I'd ask. Thanks for the vid

[@joeriley2643]

I hope you went to Italianni’s. Best Italian restaurants in Philippines. Thanks for this interesting vid .

[@joeriley2643]

👍

[@josephputnam7586]

Thanks Steven. Very insightful video.

[@A-RHINO-IN-THE-PHILIPPINES]

$1200 a month I will have a ssrv. I live life to live. "Some people get wet and some feel the rain" " I feel the rain.

[@KB3TLE]

The SRRV cost - even for veterans - is expensive for many & cheap for some. > A tourist visa + a terrific vacation every 3 years - seems like a better use of the money to me ? -- Why not use the same money for a very fun enjoyable vacation (?) - instead - of giving it to the their government ? - - - Just my thoughts. - - - I'm amazed by 'how cheap' the very frugal are able to survive there - many out of necessity - compared to being homeless in the US for example. -- Colombia is another place - only requires $800 / month ! -- Cambodia too is very cheap.

[@51dbail]

There is another group on the tourist visa. People that split their time between their home country and the PI. Snow birds! I think the Canadians can only be out of country 6 months a year to keep free health ins. I think 3 months in home country and 9 months in the PI a yr would be a good balance.

[@ralphwilloughby915]

I live in the province with my Filipina wife on a tourist visa. I wear local clothes and slippers (flip flops), and my wife loves the bleach in the wash so they look all bleached out. When people ask, i say i am a simple pensioner.. I am not giving my income but i do pretty well, i make bank every month.

[@RBV1962]

Good stuff Steven. I see options when I hear you comment on the visas agendas.

[@Geoduck.]

I would say you are correct. It's difficult to know the average wealth of Expats. I would agree that 2K would be a base living expense for Philippines more would be better but we all have our own wants and needs. Edited; Often we see other channels click bait "You Can Live In Philippines for 1K USD"and that is unrealistic and disingenuous.

[@mabuhayproductionltd3627]

But many do it, especialy if they own a house or condo.

[@larzhillbot1443]

@@mabuhayproductionltd3627 i agree i have a small cottage in the province that i own and could live very easily for 500 or less per month

[@mabuhayproductionltd3627]

they big expenses is entertainment, if you dont need that or is happy with the lady you got ? then expences are much lower. Travel is a big expence too, but if you are happy where you are?, realy not needed. @@larzhillbot1443

[@floodreliefinc8137]

I kinda disagree ..... If you already own a house, car, motorcycle, you should be able to live on $1k per month needs only no wants ! Unless you have health problems

[@dustbusterz]

Dumaguete You Don't Need $2,000 + To Live There. Many Many Live There on $1,300 to $1,800 A Month and Do Quite Well.

[@MrSteven5975]

Not well though…… I’ve talked to some. Well is living like you want to live as a retired expat.

[@bobb7918]

Good honest video. Nice overview

[@samdavies7665]

It's called 'The Millionaire Next Door'... they don't buy new cars every year, they probably still have a car with 100k or 200k mi; they don't spend a ton on new clothes; they value life experiences more than material things.... they recognize the effort, discipline and hard work to achieve their money and don't want to blow it frivously. Good vid my Bay State brother, continued success, Sam

[@jumpinjehoshaphat1951]

Doesn't make sense to me that a person with a pile of money would retire somewhere with second rate infrastructure and second rate healthcare.

[@oceanproalaska2203]

Why would anyone put down 10,000 20,000 for an SSRV?, when you can stay on a Tourist Visa for 3 Years then take a vacation outside the Country then come back and start over again? No thank you, I would rather Keep my money in my U.S Bank Account Someone that stays on a Tourist Visa for 3 Years is no less of an Ex-pat than someone on an SSRV. You need to do more research, Duma is a lot less expensive than Cebu. You can live well on 1500 to 1600 per month ,Unless you like to drink and Party a lot.

[@samuelmartin707]

Great video Steve!!!! 2 thumbs up my friend!!!!

[@alcourtines4707]

Steve, You know I'm a retired teacher. I visit each winter for 2 mo. with a Tourist Visa. My hotel in Angeles is $63/night. I guess that's considered a lot, but I get great security, WiFi, AC, and restaurant in the hotel. Owner provides a real refrigerator. My GF brings the microwave I bought her. I know there are much cheaper places to stay, but I question security at any other place. Perhaps you can comment here?

[@MrSteven5975]

AirBNB can be great and cheaper

[@vutran-oi8xz]

One way to ball park what a millionaire gets would be to first assume that they reap a conservative 5% rate of return on their $1,000,000 money which means they get $50,000 from their investments. Now, assume they are in a 12% Federal tax bracket tax rate so that leaves them with $44,000 a year after federal taxes. For State taxes, let's assume 5% which means they have $41,500 after Federal and State taxes which means if you divide by 12, they have in the ball park of $3,458 a month before they have to go into their principle. So, they are going to have enough money to live relatively comfortably for a very very long time.

[@b.coxemba6799]

Taking similar numbers, a retired federal worker who has a pension of $40k plus cost of living adjustments, don't pay state taxes on the pension don't have to worry about running out of money. Basically millionaire? Following the 4% rule.

[@vutran-oi8xz]

@@b.coxemba6799 Yes, same math applies

[@jeeveswinston2545]

Been looking at the value of a defined pension, and the reverse seems about true. The tables I see show the same, $50,000 a year pension is valued as having about $1.2million in the bank. (With a retirement age of 56)

[@vutran-oi8xz]

@@jeeveswinston2545 , you are doing the full value of the $50,000 while I am accounting for the state and federal taxes which reduces the $50K to $41.4K. If you take the $50,000 pre taxes and divide by 0.04 or the 4% rule, you get $1,250,000. So the question becomes is the pension taxed. I assumed yes while your assumed no.

[@jeeveswinston2545]

@@vutran-oi8xz No State tax, but I guess the Feds will get theirs. I keep my BC/BS insurance, which is Cadillac, but will have factor in my monthly premium. I can anticipate COLA’s as they are tied into what ever is negotiated by the union. Last two years was 2.5 & 3.5, they bargin the contract every two years. So sometimes more, some times less. Last 20 yrs was averaged out to 3.5%…. Thoughts?

[@jamesalias595]

I would have had a million dollar retirement account if I didn't get divorced, of course if I hadn't gotten divorced I wouldn't be in the Philippines, and probably would have been dead from stress. Money isn't everything but you need enough to live. Are there a lot of broke expats in the Philippines? Probably, but I bet the under the radar, 2k to 5K monthly out number them by far. With inflation a 2K monthly budget is looking to be about right. While inflation hasn't hit the Philippines as bad as the USA, those USA products we all want once in a while, or even more expensive to import.

[@coffeecup3177]

James sorry to hear you and your wife were not saving adequately for retirement. The semi good news is you have $500,000 plus your SS not a lot but it is something. If you are in the PH retirement in a lower cost community should be wonderful.

[@Cons2911]

Balikbayan box might save you some money, takes about a couple of months though so only ship select items that way, but it’s a good way to get stuff from the US

[@westerlywinds5684]

Jamesalias595 I am twice divorced but now happily married to a Filipina. Yes, I was wealthy once in money but now I’m rich in love. Divorce is hard on finances. It decimates savings and investments, as well as credit scores.

[@violaceous7174]

I'm 46 and will have around 500k investment (most of that from selling my house) and 200k retirement Roth IRA at age 52. I also have a condo being built in Cebu. My wife and I should be able to pay it off before I hit 52. Also, my wife is 44 and she currently has about 20k in Roth and other investment index funds, so she probably will have near 60k in the next 6 years. She is a nurse too and Filipina. I will have a small pension at 62 ($600 and ssi $2200). I should easily make that 500k stretch 10 years till 62. But I'm scared to retire at 52 because if I wait to 57, I can keep my federal health insurance which will reimburse me for oversea expenses and of course cover me in the USA. I have diabetes and am overweight. Also waiting to 57 my pension would be much higher as I'm a high earner as a title 38 employee for the VA. It so hard to decide because as a nurse I never had a patient dying telling me their biggest regret was that they work longer, instead it is they wish they spent more time with their children, family, and friends. Do I retire at 52 and have more time to enjoy life or wait another 5 years and have a lot more money? I had 2 grandparents never made it to 62 and 3 aunts and 1 uncle died before 65.

[@steveng8727]

If you wait until 57 will your federal health insurance cover you for the rest of your life? If so I would recommend waiting however since your getting soc sec won't you also get your MediCare at 65?

[@violaceous7174]

My federal insurance options will be the same as other federal employees that are still working and it's for life. The Blue Cross and Blue Shield plan would cover oversea charges however to be reimburse I would be required to submit the claims. So, I would have to pay first. As of now when I turn 65 I would file for Medicare but am not required to apply for part B. However, it wouldn't surprise me if that changes in the next 18 years. The FEHB (Federal Employee Health Benefit) may require me to purchase part B to save them more money but as of now I don't need to worry about it. I have medical issues (diabetes being one) so I'm kind of scared to retire without a health plan.@@steveng8727

[@gregorybrown6739]

If you invest the $700,000 @ 6% dividends, subtract taxes, you would have around 168,000 pesos per month. That puts you in the top 1% income level in the Philippines. You could live a very good life with that income in the Philippines.

[@gilmer3718]

That clothing stuff is similar to where I live in USA. I was at work when going to school, I worked as a cashier in an independent pharmacy and the pharmacist pointed out this old guy in a flannel shirt and old blue jeans and old boots and he says, "You wouldn't know it to look at him, but he's a multimillionaire. He made all his money leasing out farm equipment."

[@Matthew-gz4oh]

It is hard to say as most Americans have 401k's at home, but that balance may be 50k, or maybe 500k. Varies. If you work to SSN FRA I would say monthy SSN is 2500-3500 before taxes for most

[@MrSteven5975]

But most expats come here because it’s cheaper rents and living but it’s catching up with inflation here too.

[@steveford2626]

Steve never judge a book by its cover, I work for billionaires, they have nothing to prove, they don't try to draw attention to themselves. This makes them a target wherever they are in the world. I will dress poor there, I don't have a fortune, enough to live comfortably with no mortgage etc. People who dress like they are rich is a front a lot of the time, in UK people with money live in the country, people who think they have money live in the city, most have weekend country estates. I know a billionaire, has a 600 m dollar yacht, yet wears ripped jeans etc. I will email you, not say anything on here. When I go to private airport to collect clients from the plane on the tarmac press are often waiting to take a picture, this life is interesting to some. I will be happy to retire and forget my work, not see everything money can buy daily, live in a nippa hut etc.

[@derekcasanares4785]

i think he's speaking on general terms

[@Eric-qm5xw]

Lol fella that’s a real generalisation. I live in the phil’s and was comfortable in the UK..depending on where ya live in the phil’s, ya can drive nice cars …watches …nice places in nice areas. It’s just depends on your financial situation. BGC is very affluent for example ..

[@jz3689]

@@Eric-qm5xw yeah no crap. This guy is a complete whacko

[@humungushumungus213]

And then you woke up, for the nurse to change your diaper 😂

[@steveford2626]

@@humungushumungus213 Believe what you want, it won't change my lifestyle. Hope your work is as enjoyable, seeing the world while getting paid for it.

[@undercover1968ru]

I met a foreigner who said he had the 20k buy in visa and they told him it would be a month then he would have his money back in his US bank but 5 months later he still didn't have his money and of course no one answers the phone in philippines so he had to come back and stay for 2 months to get his money back supposedly ithey couldn't get to transfer correctly to his Canadian bank ot something like that of course he could just be the exception to the rule

[@user-no6tp6nr4k]

Be reminded that the US Government requires persons with IRAs (Individual Retirement Accounts) to withdraw funds on an annual basis. The mandatory withdrawal percentage is age-dependent. The older you are, the higher the percentage of your total amount of savings, the higher the percentage.

[@anadollcrazy]

ROTH conversations can easily solve this problem.

[@marshallsislandadventures798]

Most of your rich people get that way by not spending money and they are not going to break that habit when they retire. The other thing is if you are rich it's best to keep a low profile when traveling, especially in developing countries. I am not retired but I did serve and have a DD214 with an Honorable Discharge. I will be 50 in November so maybe I would qualify for the military visa. It's my understanding that if I do the retirement visa I have to put 10000K down. Is that correct? The other thing is that even though other expats consider them broke a foreigner that makes $1800- $2200 a month is considered rich by Pinays

[@Kevin-G-7]

I agree that the high earners skew the average. What is more instructive is the median income, not average. For those who don’t know, the median is the number that 50% of people make more and 50% of people make less. The average can be a lot higher or lower than the median. In the case of incomes, the median is lower than the average in all countries. It would be nice to know the median income of U.S.expats in the Philippines. But, as you pointed out, that information is not available because no one is required to report their entire income, thus the data isn’t available. We can all guess based on what we hear from expat vlogs. I am just guessing, but I think the median monthly income is 2,500-3,000. I know that is a large range but I suspect the true median is in that range.

[@kevink1214]

Out of curiosity Steve, would you plunk down 20k for a SRRV if you had not been in the military? You have to realize that many of the guys that are getting the SRRV are ex military, and why not, if you only have to give 1500 USD to the phil govt. For everyone else, it is hard for guys to justify tying up 20k in a phil bank. Many might have that money, however they would rather keep that money in their own bank and live there in a tourist visa. I have the money to put down but would chose against it.

[@chrisj302]

Agree. If they lowered the amount to say $5-$10k then I think you would see less expats on a tourist Visa.

[@MrSteven5975]

Had I not been in the military I probably would

[@GUITARTIME2024]

If you can't put 20k to the side, that youvwill someday get back, don't move there. You're thinking small.

[@kevink1214]

@@GUITARTIME2024 I do not think 20k locked up and unusable while retired there is thinking small. If the amount was say 10k then I would. Don't forget, you are retired there, and most likely you probably are not leaving, so you do not get it back. I could easily do the tourist visa or wait until I get married and get a 13a.

[@GUITARTIME2024]

@kevink1214 it's absolutely a small thing for anyone moving there who should be moving there, and it can be part of an inheritance, so its not lost money. Too many small timers moving there to drink their last 10 years away and play grab ass. Riff raff will eventually ruin things for everyone, trust me.

[@kentpengelly9896]

I am from Canada when I retire there I will have money from different sources as well. Union pension plus government pension plus Old age security check plus registered retirement savings plan.

[@mikefriedman8320]

folk who get the $5k-$6k from SS USA, paid that and more into the fund during their work life. So it's equitable.

[@burtonknows9201]

Reduce Social Security if people make too much? That's ridiculous!! The SSA doesn't reduce your FICA tax. In fact, I'm friggin subsidizing your SS if you get it. Because I will have several municipal pensions and spent 20 years contributing to SS as a part-time university instructor, the SSA and the Regan Administration passed the Windfall Elimination Act, which cuts my SS payment in half. What about the other half? The government keeps it. If you're so worried about the US federal budget, tell the Republicans to quit giving tax breaks to the wealthy and uncap the income level for FICA taxes. Disproportionately, the middle class and poor pay more in FICA than the rich. Yet, I'm penalized, and my SS payment is reduced by 50% because someone says I make too much money? Friggin stupid!!

[@Dan-xx5jq]

It is so depressing as I have less than $900/months disability with zero savings. That is why I decided the Philippines is not for me.

[@josiegraham2591]

That amount of money you be ok in the Phil but no girlfriend you will live normal so long you don’t spend your money on woman ,alcohol, gambling ,or drugs you can still save

[@Dan-xx5jq]

@@josiegraham2591 good to know. But I would be lonely. Although I also don't want any baggage or someone controling me, so I am torn. I have not seen anyone address loneliness in the Phi? I mean I am alone now, but have a few friends at a stone's throw. Although they too are getting old and are busy with their own issues. When some of sharks see that you are alone it sets you up for predators...is what I call them. Over here I kinda of know who to look out for. I have a bit of talent in the arts so I could keep busy painting, making things etc and I love animals....but will I still crave human companionship? Thanks!

[@gregmasters8558]

​@@Dan-xx5jqhm 900 like 40k pesos a month youd be considered middle class in the philippines.

[@aggierowe9574]

Maybe Thailand? The problem is you would also feel lonely due to not knowing language. Filipinos are super friendly and speak English, but it would be a challenge to find deeper friendships, and without being able to support a GF/wife and her family, it’s tough

[@johnthompson284]

$900 a month in my province you would do fine. $900 X 56 php= P50,400 per month. breakdown P8,000 to P12,000 lower if you can barter, or make a deal on some house repairs. 1-2 bedroom 1 bath house. Local water per month maybe P1200. Drinking water delivered P150- P200. Electricity P1200-P 1500. Gas maybe P400 my tank last almost 2 months and it cost me P840 to refill. Food would be your biggest expense depending on your choice of food products.I have been know to spend P20,000 but that is for 2 persons. I know I could do it, but I do have an advantage because I speak Tagalog fluently and I don't pay (Hey Joe) Prices for anything.

[@dennish4603]

I live on 14k per month............2 houses and travel. at 58 I am semi retired, when I turn 62 the bugdet will be 14 k per month.....savings, soc sec, pension all add up! I am self employed and have been saving towards reierment for 35 years. I live well but always put a few pennies for a rainy day!!!

[@donaldhelie115]

If the Philippines allowed people to buy and own land and build homes would be more advantageous to the Philippines instead of retirement ssrv.

[@sunraymoonbeam2270]

Yes but then china would own all of the Philippines just like America.

[@realsteel8113]

Not necessarily, the Filipino people are generally very poor, and if foreigners were allowed to buy all the land they would basically be relegated to slavery. Also, China, Japan, and Korea are already trying to buy up all the land they can through loopholes and special circumstances. It would destroy the Philippines if foreigners could freely buy land. As it is foreigners are already driving prices out of reach for many Filipinos.

[@toddsmith3017]

Land is already overvalued due to all the overseas workers from the Philippines.

[@pharcyde8083]

It wouldn’t be advantageous to Filipinos. China and the U.S. would just buy up all their land and kick them out.

[@floodreliefinc8137]

Home prices would be about 5-10x higher though, and the Chinese would own 1/2 the country

[@abritishexpatinthephilippines]

Steve a great video and insight too of Americans here in the Philippines, a definable group money wise and approach to living either the big shot or the quiet millionaires🤣🤣♥️

[@garysieg9355]

I get $1390 per month, my wife about 1650 per month, were B of A in Los Angeles, to many problems here as my friends tell me.

[@acknights4951]

Im one of those guys that invested in stocks when I was young, retired from the military 20+ years and 100% p&t. I saved my a$$ off to get to where Im at now. Yes, my family and I live in a 400 sqm house in Tagaytay thats paid in full. I did 20+ years of someone telling me when to eat, sleep and shit. So I gives a damn about what someone here in the Philippines or anywhere thinks about me when Im riding down the street in my Lamborghini Huracan😎

[@curtisake7431]

Semper Fi my man!!!!!

[@Landmantx]

There’s a Lambo rolling around Tagaytay? Rock and roll. I am selling my 911 to fund the house build in Bohol. I will miss her.

[@acknights4951]

@@Landmantx yep....look for it. sportiva green

[@alanaldpal950]

Good for you, I never would begrudge another man for how he spends money that he worked hard for, how ever I would caution about keeping a low profile for safety/security reasons.

[@acknights4951]

@@alanaldpal950 low profile....Im going to live my life on my terms. Im not walking around here afraid to do what I feel like any warm blooded person should be able to do and thats live your life to the fullest. Ive been through two wars, Ive taken a bullet for my country and injured by a granade. Im in the fourth quarter of my life and Im living it my way.

[@joneslo5572]

Yes, what's the reason retirees flock to the Philippines. Young women??

[@time2eat850]

I worked for the Department of Veterans Affairs for 3 yrs. Yes it’s hard to average the income of some of this Veterans.

[@maximuscomfort]

Great information. I forget the situations that'll get you down after the initial ups like sun and beach and cheap living.

[@johnkeogh42]

I want the SRRV visa to stay permanently with gf in our new house being built. Yes, I vetted my gf after 3.5 years of daily texts and video calls. I came over Aug 2022 for 8 months renting house. Coming back before end of year to stay. I make $3000 in retirement.

[@djdg1973]

wont go into how much I make but I will say I own my house and another small house I rent out here in Philippines, have my wifes brother live with us and he helps pay for the internet and groceries, my bills are about 70$ for electricity ( have a solar panel system) , 100$ a month for my daughters school, 30$ a month for my property taxes and HOA fees, 40$ for water including drinking water, and about 250$ for food , entertainment is about 100$ , 100$ for medical savings = about 700$ a month. So you can make alot or you can reduce costs various ways. I am too young to collect my pension or Social security yet and I still save money. When I do hit that age I will be saving even more. Took alot of money to setup my situation, so if your coming here with only 10's of thousands in the bank you better have a pension or Social security.

[@robertpinkerton940]

Hello. I live on the island of Mindanao. I am thinking about having a solar system installed on home. I was wondering what size system you have and what the cost was. The power bills here are eating me alive - around $160 per month.

[@djdg1973]

@@robertpinkerton940 cost was around 300k peso , 5.4 kw brought my cost down from 200usd a month to 70 usd a month

[@EttoreSorbara]

Did I hear correctly that there is a US VA facility in Manila. That would be a game changer for me

[@MrSteven5975]

Yes

[@jmac5755]

VA no longer uses income (based on rating) to deny benefits. Income should not be used to justify paid benefits. If you served and earned a rating then you should get paid. Nuff said.

[@alanaldpal950]

Tell that to the Dems that are proposing basing you utility (electric/water bills) rates based on your income levels. You make more money…. Then you get to pay more for water and electric….. socialism sucks.

[@bakerfamily808]

Damn! I bring in about $5500 with 25yr military retirement and 90% VA…. As well as $700K in investments I’d be living like a king 😂😂

[@derekbassett9083]

I am getting my retirement visa i have my ssi and my savings do I still need to pay 1400.00 for fees

[@greg617ma]

Hey Steve, I always enjoy your videos and perspective on most things. I disagree with you strongly on the DAV comments about personal income. What Service Members did while enlisted and the injuries (mostly lifelong) they received while enlisted should have nothing to do with how successful or unsuccessful they are financially. If you are disabled whether it be 10% or 100% I believe you earned that money regardless of your current financial status.

[@jamesduff6851]

Good info. Thanks. Hey Steve how about a vlog comparing and contrasting your retirement in Belize vs the Philippines? Just curious and interested in Belize because of the close proximity to the Us for medical care ect. 😊

[@egovorch]

Hello....I did the same thing Steve did when I retired...I went to Belize also. I lived in Ambergris Caye and had a great thing going until I boredom set it. I learned several lessons about being in Belize....Don't try and live in a place you vacation at..when the newness wears off....it does get boring.....The expat population is transitory....I knew many expats that had significant real estate investments there on the Caye....and still came back to the US after several years....The reality is even if you LOVE SCUBA diving..there is just not a lot to do there. They do have a retiree program just like PH....I was called QRP....Qualified Retiree Program.....but it has since changed names....Do you research and if you still decide to go, rather than go in whole hog....go down for 6-10 mos and you will look at Belize with a different lens than just living on a beach in the Caribbean....hope this helps and gives you some things to think about..

[@fredandretrondsen9015]

P.19 500 one year tourist visa included ACR card. To leave every 3 years , is usually cheaper compare travel around inside The Philippines + see and feel something else, Is good for the soul. Been to 17 countries , so I have more to compare. However, 13,a is bedt deal of all visa.

[@kennethedwards1677]

2K/month here should allow you to live like a king, but comes across as being pricey for living in a developing country. If you plan on taking responsibility for the extended family and want to make it on 1-1.5K/month, look elsewhere or stay where you are. You can live here as a single guy better than with a costly and non-financially contributing partner.

[@raymondzehrung9274]

Regarding the way people dress when they have money. They know they do not have to impress anyone. They are comfortable and to them, clothes are just things you have to wear to be accepted in public and not be arrested. Hahahaha...Just like vehicles. Some of the richest people I have known in my life, drive old vehicles because they realize a car or truck is simply a means of transportation. They just want a reliable way to move about. In the mid-1970's, one of my wealthy uncles asked me what I wanted to do with my life (I was about 15 years of age). I told him I wanted to be rich and famous. He said "rich is good, famous is very tiring and you grow weary of it". He was right. It's better to have money for safety and security, but not necessarily have people know who you are. I became rather well known in my industry (I hold 16 US utility patents and have written a couple of books, taught classes, gave speeches etc.) and at one point, I just got exhausted with all of the daily obligations. I quietly destressed my life. I quit going to conferences, quit writing articles for trade publications, quit teaching. Now...I live on the edge of the high Sierra desert, with a nice home in the Philippines we just got back from. My vehicle is 23 years old (my newest one, my oldest one is a '68 Ford F100, restored). My plan is to split my time between the USA and the Phils. Thank you for your work and your common sense. You're a good man.

[@BelusTraveller]

That is a Really good video bro, Really covers everyone, Happily married, ☺️, Condo in City Beautiful Home in the Province, Condo is passive, It’s not what you make it’s what you save, ☺️

[@zinkszinks4555]

Service connected vet here. Thanks for the information video, I'm kicking around Thailand or Philippines to relocate to within next 2 months. Your comments about VA pay might be cut and how it might be best to help america save money. When we give millions, and millions of dollars to Afghanistan for Gender Studies that basically kills any idea of cutting any funds to any veteran that put their life on the line. So I respectfully disagree with the premise that it might be warranted.

[@kennethboehnen271]

I'm in Thailand. I think it's more comfortable than the PI.

[@JenGioPhilippineJourney]

I think I'm going to do in Philippines Steve. I'm going to see if we can set up a VA office to answer veterans questions to help them like County VA offices here in America. Why not if us Veterans can't help each other out . We All brothers and sisters no matter what branches. But need to set up some kind of network for veterans in Philippines

[@jdtravels5140]

Happiness is a nice pension, high social security, 401k, Roth, and Individual Investment Account.

[@opsecclassified6469]

@the Philippines info channel I haven't seen any talk or heard of any legislation about the VA cutting funding for our disabilities...even if we make over a certain amount. There is so much other b. s. that could be cut before cutting VA disability funding. The VA disability pay is provided to help deal with the challenges of such disabilities. Anyone have any links they can share which discusses that topic?

[@opsecclassified6469]

I struggle every day with said VA disabilities during my civilian work I try to do. If that nonsense ever did kick in.... (Taking funding from vets that make too much money) then I would quit my civilian job in a heartbeat and be a drain on america. Ultimately my "give a sheit" drive would be non existent and I would stop trying. Any one else relate to that idea?

[@MrSteven5975]

Yes

[@bobnewhart4318]

If you're lucky enough to be in the Philippines or anywhere overseas living off your capital gains residuals life is good, life is very good.

[@craigsphilippines466]

I dont know how long you have lived here, but I am 11 years with visits back home once or twice a year for a couple of weeks, but if you are living here you dont talk dollars you talk pesos, because the exchange rate changes the amount you earn, it throws me when you say some live on 1200, or whatever, thats completely irrelevant, depending on what country they are from depends on how much they earn, and if you have lived here a while you dont dress differently to the locals, Tshirts and shorts is the wear, I see expats getting around in nice collar shirts and such, and I think he is new, the girls are not impressed and the guys here think you are a tourist

[@glenn9057]

great vid. im planning to visit the Phils later this year. what do i need to bring and show for a tourist visa? i receive social security $1,800 a month after deduct for medicare. and i have income from investments. should i bring a copy of my 1040 tax return? what else? copy of my birth certificate? drivers license? what all? what are the fees for a tourist visa when i arrive? how much cash should i bring for starters. i plan to stay 3-5 months and check it out. thanks for all you do

[@benguenther1162]

How do you deal with the two factor authentication in the Phillipines? Thanks. Ben

[@MrSteven5975]

They call me MagicApp

[@lindadorman2869]

It doesn't make sense to deposit $10K-$20K into an account in PH when you can earn over 5% interest in a high yield savings account in the US and access the funds whenever needed. Seems better to live in PH on a tourist visa for up to 3 years, travel for a bit and reset the clock. Unless there are some extra benefits that come with the SRRV retirement visa?

[@RetiredArmy2012]

hello from indiana it shocks me that adult men will tell you there monthly salary or your just guessing

[@MrSteven5975]

I talk with many getting there SRRV’s and many will share and some will not. We help hundreds per year get Visas here.

[@henryvanderbeek2973]

Great video, but as a newbie thinking about retiring there, you used a lot of acronyms, and I have no idea what they mean....Are you able to do a video explaining just the basics, not using any acronyms.......also, it seemed geared towards Americans....what about retirees from other countries....?

[@wesgraham2262]

Cambodia is much cheaper than the Philippines and anyone 55 or older can get a multiple-entry, 12-month retirement for $290. No money required to deposit. Simple. Easy. Cheap.

[@kennethso6811]

Question. Why don’t we hire a property manager and rent out our primary residence? We’ve all worked our whole life to pay down our mortgage. Then retire on the rental income in the Philippines or Thailand? Thoughts?

[@johnbergeron9997]

I get 2200 a month but we are lucky if we can save 300 to 400 a month, so not a lot of extra

[@WanderingWolf365]

For 2 people? - WW

[@johnbergeron9997]

It's 3 of us

[@PHVIDave]

Nice video and I agree with most of what you shared with viewers. I live in Taguig, Manila. I moved from the US full-time in March, 2023. I think it's important for viewers to see first hand what kind of rent u get for the money your taking about. For that kind of money one could be taking a big step backwards from what your used to in the US. It's very important guys & girls to do your homework. Do not listen to just one vloger but use the information and do ur homework. You must visit and spend a couple weeks before making decisions or you may regret it later. Myself, I visited for 3 weeks and then went back 2 months later just to see if I felt the same about the area I thought I wanted to live in. As it turned out I was very glad I did and spent a little more money on a nicer place. You want to feel good about the place you live in!!! Remember, the Philippines is a 3rd world country. Yes, you can actually live on 800 to 1000 a month😬 I live on more than that because I like to see the beauty of the Philippines, not just the extremely busy street life daily. Bottom line, the people are a joy to see on a daily basis. Soooooo much better than the US. Thanks again for a nice video!

[@glorgau]

If you ain't got $20K after a lifetime of work are pretty broke. Also, you could buy yourself an annuity and use that to prove your income. Makes thing simpler.

[@dovoso5685]

Very interesting video. Thank you for sharing.

[@RBV1962]

13A visa? I'm going to the Philippines soon. Going for the SRRV visa. Can l change it for 13a visa if l want?

[@josephputnam7586]

Most of us in the higher income bracket live off dividends.

[@MrSteven5975]

Most get good pensions here.

[@51dbail]

1 million today in a CD at 5% is 50k a yr. That’s 961 a week. Don’t I wish a had a million😁💰

[@johnniehooks6737]

Good information Steve, Ill reach out to you around november, Im comming over in January for two months and i could use your input on bringing money, insurance ect..

[@bigbearhugebear9018]

Most people with money won't talk about it. If they have they spend a good amount millionairs don't live on 1200 a month... Do you still live in the apartment that's only 65 USD per month?

[@thinkforyourself9334]

Yes he still lives in that apartment.

[@charlesstanfa3969]

Hi Steve ,what city do you live in ,and do you like iloilo, cebu want to move to the Philippines in Oct, I want to thank you very much for your help, be safe and God bless you and your family

[@brentonharvey2404]

are you talking USD, regarding 20K SRRV Visa retirement?

[@MrSteven5975]

Yes, that’s only for some with no pension