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  1. #101
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    Quote Originally Posted by Neverna View Post
    I bought some yesterday: 31 baht a can (~75p).


    You think that's expensive?
    Heinz baked beans 31bht a can. spuds 40bht.a kilo expensive they are when you have to THROW AWAY the ones that are black INSIDE.

  2. #102
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    DADDIES BROWN SAUCE 300g.3pounds ?
    DADDIES BROWN SAUCE 685g 1pound 85pence.TESCO UK.

  3. #103
    . Neverna's Avatar
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    Why not just piss off back to Wales, Taffy? You can buy all your UK food items there without the extra expense of transporting them thousands of miles.

  4. #104
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    Really though If I had a nut in the park I'd squirrel away something that paid dividends.

  5. #105
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    [QUOTE=headhunter;3841871
    so where do you do your shopping PAG.the exchange rate pounds to bht.is about 42.so for an example 2tins of baked beans come to,eq.55bht.spam 84bht.
    I don't know what I have done to you,but it seems you DONT LIKE ME.
    when you asked on TD.has anyone whose dog had been having nose bleeds,and I replied yes for 3yrs.and I can give you all what he experienced.
    you threw it all back in my face,saying you would rather trust a vet rather than an anonymous poster on the net.
    taff a true and honest person.[/QUOTE]

    Re our shopping, like many with access to such, for western food, Villa Market and occasionally from specialist shops such as Food For Foreigners, Tops (Waitrose products) and Makro for lamb and their selection of spices. M'Sahib uses Tesco for sundries like house cleaning products, local markets for fresh vegetables and fruits plus fish/seafood.

    Re my opinion of you, I don't have one, and tend to use this forum for humour and information rather than get into shitfests with other posters. I think I led my reply to your response to the problem my dog had with his nose with "with respect", nothing about throwing anything in your face, only stated my own view that I would accept the advice of a vet rather than a poster. Again from recollection, and no doubt your opinion was sullied by a bad experience, you essentially wrote all vets (at least Thai ones) off as useless. That's not our experience.

    I've been full time here for 11 years now, so am equally as aware of the exchange rate decline, however I still enjoy a lifestyle here that would be simply unobtainable in the UK for my budget.

  6. #106
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    Dead Metal's Avatar
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    SlimBoyFat you say you are only 45 . You could go back to England, work/rent, get yourself on the Gov; pension scale and save at the same time, you have 20+ years to go.

    That way you could return to Thailand with money in your pocket and a state pension !

    Too old to Rock 'N' Roll :

    Too young to Die !

  7. #107
    Thailand Expat armstrong's Avatar
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    What's the point of working your life away in the UK for 10years in Thailand? And that's at a point where you're too old to do anything.

  8. #108
    Hangin' Around cyrille's Avatar
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    Especially when this winter is all set to be one of the most depressing on record.

  9. #109
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by slimboyfat View Post
    As per the title. i'm 45 now but intend to retire at 60ish.

    Some options that I have thought of:
    One or two rental properties in your home country (mine is the United Kingdom) ?
    Dividend paying shares?
    Rental property in Thailand?
    Buy some farm equipment and rent it out to the locals (probably not a good idea as the big man of the moo ban does that)
    Buying a lot of lottery tickets and visiting the temple frequently to facilitate more wins?

    How do you survive?
    For myself and my wife - a pretty simple plan that worked. First, working in Thailand in the '90's the company I worked for went bust as a result of the asian financial crisis, married my Thai girlfriend and returned to the USA with my new Thai bride. Bought house with VA mortgage. We worked twenty years in the USA socking 15% into tax deferred retirement plan and payed off our mortgage.

    The company we worked for in the USA went bust so forced retirement at 60, sold the USA house, moved to Thailand, bought house, living off our nest egg (retirement plan) until my FRA (full retirement age) Social Security benefits kick in about 4 more years. It will work out just fine. Pretty simple plan basically called living within our means, avoid credit cards, no unnecessary spending, living "frugally" but not cheaply - never wanted for anything.


    Call it luck, or advanced planning, but really, it's just practicing common sense "live within your means" and realize this simple truth "money is for saving NOT spending"


    At your ripe old age of 45 you can do the same. Review, Plan, Implement. The sooner you start the easier it'll be. The two important things are "Live Within Your Means" and "Save for Tomorrow". Oh, and You gotta do it, ain't no one gonna do it for you.



    Some options that I have thought of:
    One or two rental properties in your home country (mine is the United Kingdom) ? Landlording is hard work and extremely difficult if from afar
    Dividend paying shares? markets returns fluctuate and require a considerably large nest egg to provide adequate returns to live off of - but, this is the most viable of your options
    Rental property in Thailand? Landlording is hard work and extremely difficult if from afar
    Buy some farm equipment and rent it out to the locals (probably not a good idea as the big man of the moo ban does that) will probably make your wife a widow
    Buying a lot of lottery tickets and visiting the temple frequently to facilitate more wins? That's the Thai way


    Good Luck With It

  10. #110
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by headhunter View Post
    they are when you have to THROW AWAY the ones that are black INSIDE.
    You or your misses needs to know how to select potatoes.

    Quote Originally Posted by bowie View Post
    FRA (full retirement age) Social Security benefits kick in about 4 more years. It will work out just fine.
    Good luck, a reasonable plan and one many await for it to kick in. One hopes it does and the exchange rates hold up. Currently "It's too early to say".

  11. #111
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    Quote Originally Posted by armstrong View Post
    What's the point of working your life away in the UK for 10years in Thailand? And that's at a point where you're too old to do anything.

    Yes its a big price to pay but he would have money coming in for the rest of his life, ( state pension ) , better than nothing !

  12. #112
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    I cannot for the life of me understand why anyone would move from their homeland to Thailand or any other place for that matter and then get bent out of shape when things do quite work out. if you consciously made the decision and sold up in your homeland and have no option to return then you really only have yourself to blame. I have known quite a few expats for years who over the past 10 years have gradually, inexplicably become verbally sour with me as to why i still maintain and will continue to maintain property in UK etc. The simple answer is because i can and will continue to. No one has a crystal ball to help them understand what the future holds but you can make a conscious choice to hedge by not pigeon holing yourself into one option so if you do why get all bent out of shape with those that have chosen not to. Fukin beggars beleif.....or not.

  13. #113
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    And another thing............. erm, if you can only afford ayam baked beans you need to leave or develop a very good home cooked version, just remember to post the recipe on the kitchen thread for those who will otherwise have to leave Thailand because of baked bean deficiency. I mean...baked beans can literally be the straw that broke the camels back.

  14. #114
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    Damn, i just had a pertiffany. No not the neighbors kid or pie.

    I'm thinking sauce. That's right, fishes sauce. Bound to be a hit in Asia. We'll take the continent by storm.

    Just need a brand name.

    Wait I've got it, Uncle Harries fish sause.
    Last edited by fishlocker; 24-10-2018 at 04:04 AM.

  15. #115
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    Tired of dishes with tropical fishes?
    Bananas and leave before one could grieve.

    Try Uncle Harry's fish sauce at your local New Delhi now.
    Last edited by fishlocker; 24-10-2018 at 04:06 AM.

  16. #116
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    bobo746's Avatar
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    Worked until i was 55 paid off a couple of mortgages, own a unit in brissie,a house in Pak Thong Chai can claim my superannuation tax free after 60(now) get pension at 65.Worked out well.Life is good.

  17. #117
    กงเกวียนกำเกวียน HuangLao's Avatar
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    Quote Originally Posted by Neverna View Post
    Why not just piss off back to Wales, Taffy? You can buy all your UK food items there without the extra expense of transporting them thousands of miles.

    A decent and sound suggestion for many.....

  18. #118
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    Quote Originally Posted by bobo746 View Post
    Worked until i was 55 paid off a couple of mortgages, own a unit in brissie,a house in Pak Thong Chai can claim my superannuation tax free after 60(now) get pension at 65.Worked out well.Life is good.
    Damn Dude don't look a day over 40.

  19. #119
    I'm in Jail

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    I'm not knocking what you've done. Not in the least. I've Been there and done that in my own way so to say.

  20. #120
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    You look about 30ish.
    You know with the right hair color...


    Never mind....


    The fish

  21. #121
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    Green is the color of her eyes...











    Fish

  22. #122
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    Quote Originally Posted by Neverna View Post
    Why not just piss off back to Wales, Taffy? You can buy all your UK food items there without the extra expense of transporting them thousands of miles.
    sorry nev.if I struck a nerv.but I like it here.if you would like to come for tea,on the way from TAFFYLAND,welsh cakes,xmas puds and birds custard.no thorntons chocs.

  23. #123
    The Fool on the Hill bowie's Avatar
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    This thread concerning “passive earnings” has morphed considerably – I’ll continue the morphing and yet attempt to bring it back to the OP’s original questioning.

    Cost-of-Living, Cost-of-Relocating, and basically, anything concerning money varies considerably from person-to-person, location-to-location and situation-to-situation.

    Depending upon you and your significant other(s) desires, druthers, have already(s), must haves, and, would like to haves, numbers change and change significantly.

    I can, and will, only speak for myself and my wife. The numbers are rounded but pretty much on-the-mark and correct. USA male 62yo, Thai wife 57yo, Thailand @ 3 years mid-90’s, company went bust, relocated to the USA, 20 years living and working in the USA, company went bust. Sold all, consolidated nest egg, moved to Thailand for our retirement aka “Golden Years”.

    As per earlier post – socked 15% into a tax-deferred 401k retirement plan. Worked my entire life paying into the USA Social Security plan, engineer by trade so I’ve contributed significant funds. Basically, when I start claiming in a few years I will receive a reasonable monthly benefit, as thing stand now, I’ll receive more than enough to live comfortably in Thailand and not have to worry about pinching pennies or cutting coupons. If I stayed in the USA (northeast coast) I could live “OK” but, I’d be watching pennies, clipping coupons, and well, scrimping and buying everything based on price and on the cheap.

    We, wife and I did a three-month anniversary celebration and retirement planning sojourn to Thailand early '17, investigating legal requirements. Cost of Sojourn was USD @ $20k.

    The move mid '17; temporary lodging(s), household goods packing, shipping and storage, miscellaneous costs including legal consultations, etc. was USD @ $30k.

    Past couple of years ’17 & ’18 we’ve been spending USD @ $40k/annum

    For the most part the selling and buying of our housing was close to a fair trade.
    Generalization; we traded a 60 year old house in the USA for a new house in Nonthaburi.


    So, for the OP, at 45 years old you are in/at your “peak” earning years. The key to everything is “savings” – start today, investing 15-20% of your earnings. Invest conservatively into a well-diversified portfolio. Set it up with a professional investment firm (due diligence required in selecting the firm). Then, pretty much “ignore it”. It will grow.

    Of all options available – savings and investing is the proven method of achieving the goal of a secure retirement.

    Running a business, be it a store, a service company, or real estate rentals, is costly, time consuming and financially perilous. Not to take away from the successful businessmen among us (I’m not one of them) but, far more failures and nest egg losses than success stories. I know of several failures and only one success story – and the success spoiled a friend and turned him into a rich, miserable bastard whose only concern was people stealing from his fortune and/or off-his-plate.

    Anyway, our USA Social Security payments should be slightly above average. USA social security is based on your highest thirty-five years of contributions. Me as an engineer will exceed the average payment, my wife with only 20 years of contributing will receive considerably less than average, but, she can claim as my spouse. 2019 average USA Social Security will be about $1.4k/mo X 2, we should receive about $3k/mo ($36k/annum). It will work for us.

    It will work for you, but, you have to start now. The longer you wait, the longer you will have to wait before you retire. And, unfortunately for most of us. Few get to choose their retirement date, medical problems or un-employability typically determine when you will be forced into the ranks of the retired.

    Good luck.

  24. #124
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    Nothing is easy.

    Save early and often. As for passive income ask my kid when I pass.

    Seriously property is good if you're in it. Beats a park bench on a cold winters night.

  25. #125
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by Dead Metal View Post
    have money coming in for the rest of his life, ( state pension )
    Lets hope all investments, continue to flow at an acceptable rate.

    Quote Originally Posted by NamPikToot View Post
    I cannot for the life of me understand why anyone would move from their homeland to Thailand or any other place for that matter and then get bent out of shape when things do quite work out
    Having a plan "B" is important. Mine is not returning to a place I left behind. There are other mountains to climb, waterfalls to be splashed by, bushes to clear and caves to explore.

    Quote Originally Posted by bobo746 View Post
    claim my superannuation tax free after 60(now) get pension at 65.
    Yes the idea of guaranteed pensions have always been enticing, I look forward to the pension funds delivering the dream.
    A tray full of GOLD is not worth a moment in time.

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