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Old 02-11-2007, 06:16 PM   #1
Confused about dryer sheets
Join Date: Feb 2007
Posts: 3

Helloo out there!

I'm not sure where to post this so I'll start here...

I'm pretty close to being able to retire as long as I keep my expenses below $16K/year.

Has anyone lived in Thailand or Mexico (or any other stable, inexpensive place) for more than a few months? If so, would you be willing to tell me your costs for rent, food, internet or anything else you can think of (except health insurance-I've already got that one figured out).
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Re: Thailand/Mexico
Old 02-11-2007, 10:41 PM   #2
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Join Date: Dec 2002
Location: Oahu
Posts: 26,839
Re: Thailand/Mexico

Welcome to the board, Lightfoot.

Originally Posted by Lightfoot
Has anyone lived in Thailand or Mexico (or any other stable, inexpensive place) for more than a few months? If so, would you be willing to tell me your costs for rent, food, internet or anything else you can think of (except health insurance-I've already got that one figured out).
I see you're getting answers to this question on the other section of the board. It can take a few hours for someone with the answers to stop by, so don't feel ignored if you don't get a response for up to 24 hours.

Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on "The Military Guide to Financial Independence and Retirement."

I don't spend much time here— please send a PM.
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Re: Thailand/Mexico
Old 02-12-2007, 10:02 AM   #3
Recycles dryer sheets
Join Date: Feb 2007
Location: Martin Alonzo
Posts: 111
Re: Thailand/Mexico

Have you considered the Dominican Republic? I retired there 5 years ago with a pension of CAN 1,600 per month with that I built a house, bought land, and have more that I had in Canada. Still saving a few dollars every month. If you would like more info contact me.
Living life to the fullest
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Re: Thailand/Mexico
Old 02-27-2007, 10:40 AM   #4
Dryer sheet wannabe
Join Date: Feb 2007
Posts: 10
Re: Thailand/Mexico

I love living in Panama!

We are currently buy a very nice house in a gated community just outside of Panama City.

The people here are very friendly, the infrastucture is excellent, and the scenery is beautiful.
There are a number of excellent restaurants (we've found some very good ones on the
Amador Causeway). We also feel right at home shopping at the local malls: Albrook,
MultiCentro, and... MultiPlaza Pacific, my favorite (and my husband's favorite too
because there's a very large hardware store in the mall).

We have excellent internet access here, and we have an "English speaking channels" cable
TV package (it's actually a bit odd watching CNN or FOX news now
that we don't live in the US anymore -- all the doom, gloom,and hysteria
going on back home seems very strange now, because everything's
so serene and laid-back around here).

The cost of living in Panama is cheaper than it was when we lived in America. And, our
standard of living is higher now, because our money goes much further. We are in the
Panama City area, which I suspect is one of the more expensive areas of the country because
it's a major metropolitan area. Still, it's cheaper to live here than it was when
we lived in Washington D.C. (and much safer too). My Spanish isn't very good; I'm still
learning. But, most of the time it's not a problem, because a lot of people here do speak
some English. We have encountered several people who only speak Spanish,
but we do OK because we can speak enough key phrases to get by (plus we carry a small
English-Spanish dictionary with us at all times, which can come in quite handy).The biggest
problem we ever had was when we called a large company and immediately got an
automated system (press 1 for this, press 2 for that, etc.) and they did not have any
options to get the message in English or a button to push to get an operator
right away. (We solved the problem by going directly to their office and doing business
face-to-face with a Panamanian employee of theirs who spoke English.)

I highly recommend Panama; it's a great place to live. We've been praising it so much that
now a friend of ours wants to move here too.
He's already gotten himself a plane ticket to come visit us for a week so he can see
everything for himself. We did the same thing before we committed to the move; we took a
2 week vacation here and quickly fell in love with the place. That's the smartest way to do it,
IMHO. Do lots of research on the net and all that of course (we did that too), but then come
to Panama and see the place for yourself to make sure it's right for you. At the very least you
will have a wonderful vacation.
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