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originally posted by: cosmicexplorer
a reply to: TDawgRex
I just do wood spirits...and i looked it all up on youtube and bought a couple books...although im sure there is tons on chainsaw carving...that stuff is amazing....youtube it! And good luck
originally posted by: 727Sky
a reply to: TDawgRex
I retired in 2005.. I am not rich by any means. Not being a drinker or a party dog my life is pretty simple...I suppose my only extravagant expenditure is I do play golf several times a week. I do golf because otherwise I might turn into a couch potato plus I still enjoy the competition.
I got very tired of paying property taxes, and ISD taxes and insurance on a house not to mention trash, water, and electric bills; all the normal things we pay as Americans.. I am lucky for I have had ties to Thailand for over 40 years and actually own a small farm there. There are no taxes on the farm house..no school taxes, if you have kids in school you pay, trash collection is $6 a month, water is $1.75 a month, and the highest electric bill I have ever received was $57. Car full coverage insurance cost me $600 a year per vehicle with no deductible/ My wife's medical insurance cost $540 a year full coverage . Once a year I do have to pay the government to renew my visa which is about $60...but other than that...?
There are many expats in various parts of Asia; not all countries are created equally that is for sure but at this stage in my life I can live very well on $1500 a month and anything over that is just money in the bank. Not for everyone and there may come a day when I return with my tail between my legs... But I plan on dying of old age in Thailand with my wife at my side....She will Probably be thinking, "well it took him long enough" ! Poor attempt at a joke..
Anyway there are many expats from all over the world, all looking for greener pastures or a place they can afford to live on their retirement funds... Certain countries in central and south America seem to work for some.. Laos, Cambodia, Malaysia, and Viet Nam all have their expat communities... I spoke Thai so it was much easier for me to make the transition plus I always liked their Buddhist culture.. My American wife passed away in 2000; I was some kinda messed up when she died... She was way to young and wanted to live and be with me as I did her... We were married for 25 years and still going strong.
I had always promised myself one day I would go back to S.E. Asia and thank goodness I was able to go back to Thailand...I had been stationed there from 1973 to 1976 and it was a very happy time of my life...
The advice you gave in your op was very sound... I read or heard many people do not have $10,000 in a savings account as they approach retirement.. That is very bad happenstance or piss poor prior planning if that is the case and now with ACA (Obama care) it may be harder for many to have anything saved if what I read is correct. If they think they can live on social security they will have a very rude awakening when the time comes IMO.
We have been back in the states since February selling the stateside house, taxes, and getting rid of stuff . I cannot believe how much everything has increased in price ! I am seeing price per gallon at the gas pump of $3.39 to $3.49 and we are in North Houston at the moment which is not known for outlandish gas prices...! A trip to a fast food burger joint now cost as much as a real restaurant used to cost ! Anyway if you do not have something you enjoy doing that gets you out of the house... retirement will kill most out of boredom.. I personally feel I am busier now than I was when working.. But I can always just sit down and say, "no thanks" which is nice.. Sorry for the long write up guess I was bored, wink wink nod nod !
originally posted by: Dfairlite
a reply to: benrl
"he lost his entire lives work to bankers who milked him dry of all he had, before taking everything he owned. "
If I'm interpreting this correctly he owed a lot of money and they made him pay it, they didn't take things he owned, they took what he OWED, big difference. Cry me a river.
If I'm interpreting this wrong I apologize. Feel free to correct me.
originally posted by: cosmicexplorer
Im retired...in my mid 30s...not rich by any means...saved a crap ton and make a little here and there through some ventures...and a steady payment....im never bored...
In fact I dont have enough hours in my day to do what I want. Between...chess, reading, guitar, composing music, computer games, fishing, rock climbing, wood carving, astronomy....almost all those are free or dirt cheap...even buying a basic set of stuff can last you 10 years...such a small investment. I bought a nic 100 dollar wood carving knife...itll last probably forever...I walk in the woods...find nice little log..and carve out one of the ugliest faces you will ever see...but I love it.
My time has let me be more creative....I have coffee or tea almost every morning..I get to know the people there and talk with them....but thats aobut the human interaction I intentionally get haha....find some hobbies..some cheap ones...youl be amazed at how good you get at something in only a couple months.
Write an ebook too...you can knock out those on a free publishing sites...ive written 2...both suck but one got a good review by a professional reviewer! I didnt make much off them ..but still made something. Im working on a board game now and another book...both will probably suck but its fun anyway.