Search results

  1. U

    What are people cutting back on?

    We have a piddly 2 acres of mountain grassland with exposed rocks. Other people’s cows, horses, goats and sheep cut our grass. We get nicely kept grounds and free manure. At no cost.
  2. U

    What are people cutting back on?

    That's correct. Like I said, electricity costs about 4 cents per kW but there's a free allowance up to 250kW per month for yurts and 350kW for houses, at the moment. At times, the government has offered free night time electricity in winter. We are using about 100kW per month, so it should be...
  3. U

    Hobbies

    I'm building a yurt ('ger' in Mongolian) compound in the mountains of Mongolia. Simply living there is challenging and my full-time hobby. I was actively participating with the construction and I suppose I'm also the self-appointed architect/project manager. However, a couple of weeks ago my...
  4. U

    What are people cutting back on?

    Thanks for the encouragement. I'm documenting the process of getting established on virgin, mountain land in photos and videos. I'm hoping to have a specific YouTube channel on the yurt compound we're establishing. Unfortunately, the internet is so slow, it's impossible to upload decent quality...
  5. U

    Here's how young Chinese go into ER: "Let it rot"

    I lived and worked in China for 3 years (2007-2010). I didn't see any passion for work in company type employment. However, entrepreneurs were the opposite. I saw a lot more of the hard working spirit in the USA when I lived there actually (1985-2007). I worked my butt off in the USA but I was...
  6. U

    What are people cutting back on?

    We're cutting back but this was an overall strategy which preceded the current economy woes. Also, we live in Mongolia so things are quite different here. We used to be renters since we moved around Asia a lot. After taking early retirement 2 years ago, I decided I could settle in one spot. So...
  7. U

    Hip/groin injury - frustrating - no real diagnosis or solution

    As an extremely active person, now 58 years old, I've had my share of sports injuries. There's plenty of good advice on therapy. In my case, injuries did heal (herniated discs) and knee injuries, but they took an annoyingly long time to do so. I've had no surgeries at all. I just continued with...
  8. U

    How many have bought something "cool" after an inheritance?

    Without exaggeration, I have to say my generous inheritance from my parents changed my life for the better. It allowed me to FIRE when otherwise I would've worked until I was 67 when my UK and US pensions kicked in. So I was able to retire 9 years earlier. Furthermore, it will allow me to buy...
  9. U

    Importance of locking in housing costs?

    Thanks for asking. It will definitely be an adventure as I grew up in the suburbs in the UK then cities all over the world. However, I think I'm still young enough to have a 3rd act in my life in the countryside. Regarding the electricity situation, it could be a hybrid solution. There's...
  10. U

    Importance of locking in housing costs?

    I'm British but live in Mongolia so what I tell you might not be relevant to most of the members. Maybe it's interesting to some. I only took FIRE last year and was a renter since 2006. This was entirely suitable since I moved so much. Now I need a base (or maybe 2). Land is cheap in Mongolia...
  11. U

    Go Go to Slow Go... when did/has it happened to you?

    Here’s a tip if you want to use obscure acronyms: write it in full then you can use the acronmym all you want: “When did you stop Blowing That Dough (BTD)? I stopped BTD when I hit __ years old.” For me, I’ve not stopped or even started BTD. I’m only 1 year into FIRE at age 58 now. I have...
  12. U

    retired early; moved abroad; living on less than $500/month

    Thanks for sharing. I’m based in Mongolia but leave for the winter to avoid the worst of the winter (-40). So last winter my Mongolian wife and I came to Nha Trang, Vietnam. We’re still here 16 months later due to covid19. I took early retirement almost 1 year ago due to a decent inheritance...
  13. U

    Your purpose/mission after FIRE?

    I found an interesting purpose. I’ve been a keen motorcycle rider since I was a wee lad in the UK. My first vehicle was a motorcycle and my current vehicle is a motorcycle. When I travel I rent motorcycles at my destination. I haven’t owned a car since I left the USA in 2007 and moved to Asia...
  14. U

    What to do if you want to retire abroad

    I'm 57 now and just took early retirement. I'm a UK citizen but haven't lived there for 35 years. I spent 22 years in the US until I got sick of it then moved to China, Mongolia and Vietnam with a short stay in the Philippines. We're stuck in Nha Trang, Vietnam right now as covid refugees but we...
  15. U

    Poll: When Did You/Are You Planning to Start Soc Sec?

    I decided to take both my US SocSec and my UK pension at age 67. I'm 57 and retired last year. My longevity looks promising so I'm in no rush. Based on family history and my own health, I think I've got a good chance of living into my late 80's or early 90's.
  16. U

    Wow, I can't believe Im getting nervous. anyone else had this issue?

    You'll get used to it and the negative feelings of not having a job will fade. I'm only 9 months into early retirement and I'm over that feeling. Being financial secure without risky investments might help. My early retirement funds are just in a bank but I should move the funds into something...
  17. U

    Making friends in new location

    We're in Vietnam temporarily, probably moving on soon when the pandemic allows...to Turkey. We haven't made friends in Vietnam because we never expected to stay but I'm a gregarious fellow and just strike up conversations with pretty much anybody, as long as it's in English. My Vietnamese is...
  18. U

    How low can you go?

    I used to live in the USA (Brit with greencard) but now my Mongolian wife and I live in Nha Trang, Vietnam. We live on about $800-1000 per month, so let’s say $12k per year. We just rent, pay no taxes, hold no debt. I only ride 2 wheelers which were paid for in cash. We don’t have health...
  19. U

    Do You Miss Being Young?

    I love the wisdom that comes with years (I’m 57 now) and the financial stability from receiving my inheritance (thanks mum and dad) but not so much the physical decline. My best years were my mid-40’s. I was incredibly fit as a mountain climber, bike rider, gym rat. Also I was still attractive...
  20. U

    Coupling up again in retirement

    I wasn’t in my 60’s when I divorced my 1st wife after a 20 year marriage. I was only 43 but I found it easier to meet women than before I was married. Enjoying dance and being decent at it was quite significant. Also, my confidence was much higher at 43 than at 23 which is pretty normal...
  21. U

    Still waking up early in retirement

    I’m just 5 months into early retirement and I’m happy not to need alarms any more. I wake up when my body decides I’ve had enough sleep. This morning it was 5:40am so I read for a bit, looked out on the balcony and went back to sleep after an hour. If I wake up early, I’ll have a nap later. If I...
  22. U

    Old Man Dad Club trying to figure out $$ needed

    I’m divorced with 2 grown kids. I retired this year at 57 years old. My fiancée is 30 years younger so, unsurprisingly, she wants at least 1 kid. I hadn’t factored having another child into my calcs. I think I’ll push her to get a kitten instead.
  23. U

    My life is complicated.

    I’m getting conflicting info. So I did a search. I don’t live in Vietnam but I’m stuck here because of covid19. My country of residence is Mongolia. However, if I have to, I could move to the UK for pension purposes. I also have 7 years national insurance records in the UK. I’ve read I can top...
  24. U

    My life is complicated.

    I’m trying to contact my tax accountant who did our taxes for most of those years. He might be able to provide numbers because I just need estimates at this point. I’m still a few years away from retiring. Another member questioned my eligibility. Well, I checked the website for my eligibility...
  25. U

    My life is complicated.

    Hi Alan, Thanks for the reply and information. I’m trying to setup an account with the link you provided but it’s asking for a US mailing address and a 10 digit phone number. I don’t see a choice to skip this. What to do?
Back
Top Bottom