moving to the phils, part 25 i think

[stevewool]

well those who want to make the move to the phils like me, what do you think you need to live out there, cash i mean, try to work it out be realistic, will you pay rent or buy and where abouts, try to think how much you will need, i have been doing this for quite a while now and the figure keeps changing from very little to thats nice and i could go now sort of thing, i am still waiting till i am 60 before we go, so we should have LOADS OF MONEY, sorry about that, but how much do you real need, do we go sooner and with less money, my biggest worry is not having enough money, but also i have been thinking what if i dont have that long on this plannet, why am i saving for 20/30 years plus, so hard sometimes, plus having a .... week at work dont help, anyway what do others think

[lastlid]

I have mixed views on it Steve. Just like the forum is inclined to have as a whole. Opinions are split.

By the way, Steve, have you maxed out on your personal contributions to your pension plan?

[stevewool]

personal pension plan, well i did, but the ex wife had half of that, a lon

[lastlid]

personal pension plan, well i did, but the ex wife had half of that, a lon

Oh. I see. I managed to hang on to mine, when everything was carved up.

[imagine]

now or later, its a gamble since we dont know whats round the corner

[lastlid]

now or later, its a gamble since we dont know whats round the corner

I think you are right. It is a bit of a gamble.

[stevewool]

thats right what is around the corner, mortgage is paid next june, and i have someone that is intrested in renting the place very long term, at a price i am happy with, but i will not have enough money in the bank to last us a few years, yes £500 a month coming in is a nice figure over in the phils,

[imagine]

thats right what is around the corner, mortgage is paid next june, and i have someone that is intrested in renting the place very long term, at a price i am happy with, but i will not have enough money in the bank to last us a few years, yes £500 a month coming in is a nice figure over in the phils,

whats the earliest you can retire, and still be in good health, energetic enough to still enjoy it,
i know theres pros and cons, and you know what your own are,
for me i would have gone more than 10 year ago, but apart from the news of imelda many shoes, id never heard of philippines,on the other hand the odds are i would have still got the cancer there,would i have been able to afford treatment,would i have had insurance,
you know whats best for you, i would be inclined to say do it now enjoy it, cos it might never come

[stevewool]

whats the earliest you can retire, and still be in good health, energetic enough to still enjoy it,
i know theres pros and cons, and you know what your own are,
for me i would have gone more than 10 year ago, but apart from the news of imelda many shoes, id never heard of philippines,on the other hand the odds are i would have still got the cancer there,would i have been able to afford treatment,would i have had insurance,
you know whats best for you, i would be inclined to say do it now enjoy it, cos it might never come

we dont know what will happen Stewart, we have to think thats it i am off, i think i am fit and i intend to be gone to the phils when i am 60, or before, stress and the english weather is 2 things that will improve once i am over there so i think my life will be better, no work no stress, insurance well thats another matter

[imagine]

we dont know what will happen Stewart, we have to think thats it i am off, i think i am fit and i intend to be gone to the phils when i am 60, or before, stress and the english weather is 2 things that will improve once i am over there so i think my life will be better, no work no stress, insurance well thats another matter

at least you have a plan, a goal to reach, no stress better weather = better quality of life

[Manila_Paul]

thats right what is around the corner, mortgage is paid next june, and i have someone that is intrested in renting the place very long term, at a price i am happy with, but i will not have enough money in the bank to last us a few years, yes £500 a month coming in is a nice figure over in the phils,

I'm quite lucky in that my place will be paid off in a few years. Could probably get 600 a month for it, at the current (crazy) rental rates. But I don't really fancy the 'simple living' thing just yet. I want to be in Manila or ideally Tagaytay. And I want to be working or running a business. At least it would then be a shot to nothing, to an extent. I've always still got my place here if things don't go as planned.

[DaveW]

I would love to move there, but I have to be realistic as i'm only 35 and would never earn the same money doing the same job.
My wife is trying to get us to leave London and go out to Panggasinan to get involved with the business of her sister. Which is supplying car parts. She claims they are earning a good salary enough for us to live on. I'm tempted but not stupid , but then i think why not try it for a year. It would beat living in Deptford London. I have enough money to last a while, but i dont like wasting it on bullshit ideas. So i will see

[jake]

Dave,
I moved here when i was 30 years old. Ive now been here 14 years and dont regret my decision. It is possible to make money here if you play your cards right. Started our business with the mighty some of 2,000 quid! You never know until you try.

I would love to move there, but I have to be realistic as i'm only 35 and would never earn the same money doing the same job.
My wife is trying to get us to leave London and go out to Panggasinan to get involved with the business of her sister. Which is supplying car parts. She claims they are earning a good salary enough for us to live on. I'm tempted but not stupid , but then i think why not try it for a year. It would beat living in Deptford London. I have enough money to last a while, but i dont like wasting it on bullshit ideas. So i will see

[Ako Si Jamie]

Dave,
I moved here when i was 30 years old. Ive now been here 14 years and dont regret my decision. It is possible to make money here if you play your cards right. Started our business with the mighty some of 2,000 quid! You never know until you try.

£2k is nothing for starting up a business. You couldn't do it in the U.K for that amount nowadays. That's the route I'm looking to go down - starting off a biz in the Phils.

[fred]

£2k is nothing for starting up a business. You couldn't do it in the U.K for that amount nowadays. That's the route I'm looking to go down - starting off a biz in the Phils.

Jamie..
To start a business with a capital start up here with only 140,000 PHP would be very very tough proposition even if you are an extremely business minded and industrious person with a ton of experience in competing with local businessmen..
Certainly,if you are young enough,give it a go as a bit of fun and to gain some experience..
Just get ready for lots of frustration and headaches..
Its a good way to learn though and its what I did for a year or two.
Now if you are serious and have lets say 10 Million PHP,I can show you a way to make an easy 75,000 PHP per month.

[stevewool]

i do not want to work or rely on a income when we move over there, yes i want to keep busy but that will be looking after the lot and growing all we want and just enjoying life and getting back into some sort of living of the land thing,but knowing also we have back up if we need it

[imagine]

i do not want to work or rely on a income when we move over there, yes i want to keep busy but that will be looking after the lot and growing all we want and just enjoying life and getting back into some sort of living of the land thing,but knowing also we have back up if we need it

just live within your means, your means there, not based on your means here

[DaveW]

I think younger people like myself want everything now. The thought of waiting for retirement seems so far away, so I envy your predicament. Enjoy what ever choice you make and good luck.

[imagine]

I think younger people like myself want everything now. The thought of waiting for retirement seems so far away, so I envy your predicament. Enjoy what ever choice you make and good luck.

nothing wrong with wanting everything now, retirement will come much sooner than you imagine,and when you retire , will you be fit enough for the things you wanted and waited for

[andy222]

Wow what a question. It all depends on what living standards you want steve. Me I could live on £500 a month out there but you might have different standards. It all depends on how much you want to live out there.

[imagine]

Wow what a question. It all depends on what living standards you want steve. Me I could live on £500 a month out there but you might have different standards. It all depends on how much you want to live out there.

you will be living a good life style at that i would think,

where i will be looking at far less than that , infact absolubt minimum, with the exception of med expenses, a simple stress free life will do me just fine

[andy222]

Exactly Imagine I am so stress free when I go there. But if you can live for less there tell me how to do it. When you think about it it is great place if you have money of coarse. The temperature is great and where I go the people are friendly. What more could you ask for.

[stevewool]

Exactly Imagine I am so stress free when I go there. But if you can live for less there tell me how to do it. When you think about it it is great place if you have money of coarse. The temperature is great and where I go the people are friendly. What more could you ask for.

we are all in the same mind, its making that jump, knowing that there is no coming back because there is nothing to come back

[imagine]

Exactly Imagine I am so stress free when I go there. But if you can live for less there tell me how to do it. When you think about it it is great place if you have money of coarse. The temperature is great and where I go the people are friendly. What more could you ask for.

you have to be a tight yorkshire man like me and graham to cunningly live on nowt

its my intention to go live there all being well , as soon as im able after iv returnede from my xmas visit, im lucky i have no house or property to pay for over there, though i will help to maintain, at the moment lolita works a teacher, her out goings are very little, she has a small source of other income,
i can make small amounts of cash too without killing myself to live, as for luxuries well im happy to live a very basic existance , and i wont strive to live in an expensive area or house,
but i admit , i have yet to try it, but im sure as heck i can live on £100 a month , less if i can

[stevewool]

£500 is the minimum amount that we will have per month then upwards to over 3 times that much,if i stay here till i am 60, that way we could have our own place and have enough for emma if anything happened to me, its not knowing how much you will need because you have never lived there before, its not a holiday but real life and i am just trying to be realistic, sorry to keep going on about it but the best advice to get is from people who are there or planning to be in the phils

[lastlid]

£500 is the minimum amount that we will have per month then upwards to over 3 times that much,if i stay here till i am 60, that way we could have our own place and have enough for emma if anything happened to me, its not knowing how much you will need because you have never lived there before, its not a holiday but real life and i am just trying to be realistic, sorry to keep going on about it but the best advice to get is from people who are there or planning to be in the phils

Steve. What about taking a long holiday there. Say next year or the year after, in rented accomodation with the aim of replicating what you might do when you eventually retire there. A sort of dress rehearsal or dummy run.....try and live on a fixed budget for several weeks.

[stevewool]

.try and live on a fixed budget for several weeks.[/QUOTE]

a few years ago i started living on a budget and thats how i live now, since Emma has been here, the budget has gone up a little not much , i live better eat better but still save and live about the same, so i know that living in the phils we could live on very little, i am not into wanting the best or the biggest, just want to be happy

[imagine]

£500 is the minimum amount that we will have per month then upwards to over 3 times that much,if i stay here till i am 60, that way we could have our own place and have enough for emma if anything happened to me, its not knowing how much you will need because you have never lived there before, its not a holiday but real life and i am just trying to be realistic, sorry to keep going on about it but the best advice to get is from people who are there or planning to be in the phils

3 times as much,,,, well thats a big temptation to wait untill your 60

[andy222]

I was thinking that lastlid but steve might have some commitments. If I was in his shoes I wouldnt think twice I would be gone. I was thinking about taking a career break In the nhs you can have one up to a year and they have to keep your job open for you. I think £7000 would be enough for a year.

[lastlid]

I was thinking that lastlid but steve might have some commitments. If I was in his shoes I wouldnt think twice I would be gone. I was thinking about taking a career break In the nhs you can have one up to a year and they have to keep your job open for you. I think £7000 would be enough for a year.

Not a bad idea. Would you therefore delay the visa application?