if someone said here you are here is £???????? off you go to the phils and never come back what would that figure be, remember you cant come back but you will receive your state pension once you get to that age, so what figure may tempt you
if someone said here you are here is £???????? off you go to the phils and never come back what would that figure be, remember you cant come back but you will receive your state pension once you get to that age, so what figure may tempt you
try me , im holding my hand out
50,000Originally Posted by imagine
try me , im holding my hand out
peso or pounds
your a hard man to please, pounds
''Don't be serious..Be Sincere''
When I lived in Philippines I had £7000 in the bank, lived on my state pension and when I returned I still had £7000 in my bank also managed to save £300 per month in my Phil a/c.
I remember going to Hong Kong once, with 80 quid in my pocket.
Spent a very pleasant month there before returning home in profit.
how long was you there Michael, and when was you there too
Last edited by Terpe; 10th February 2013 at 22:03. Reason: tidy up quote
How did you manage that Michael ?When I lived in Philippines I had £7000 in the bank, lived on my state pension and when I returned I still had £7000 in my bank also managed to save £300 per month in my Phil a/c.
How much is an airticket ?
2 shillings and sixpenceHow much is an airticket ?
a million pounds
A place for everything, everything in its place.
Here's my personal opinion.
As long as I have a regular income stream that allows me to be content, that's enough.
I believe that when living abroad savings don't do anything, except maybe decrease.
No offence to anyone, personal opinion
Saving do something.. They are a safety net in a country where cash is king.
Remember... No NHS here!
If you have a pension that covers all expenses its still very nice to have 20/30 grand stashed IMO.
As I said, no offence to anyone just expressing my personal opinion.
Of course savings can increase or decrease anywhere.
Exchange rates, inflation may or may not play a role.
I didn't say anything about not having savings.
I expressed a personal opinion
So we agree
A friend of mine has used much of his savings building two, 2 bedroom houses either side of the house they live in.. He did it so that when he kicks the bucket and his pension is gone his wife can continue to live there and collect rent for a rather nice income..
This method produces inflation proof cash and is a good future investment too!!
Im hearing from more and more expats living here is that their biggest worry is how their partners will survive here after they die..
No offence taken for goodness sake!!..
All we can do is share our opinions honestly.
i dont think it realy matters if your in uk or anywhere else, its normal to want your wife to manage ok after your death,its kind of built in instinct, as its usualy the man that pops off first, what do you think?A friend of mine has used much of his savings building two, 2 bedroom houses either side of the house they live in.. He did it so that when he kicks the bucket and his pension is gone his wife can continue to live there and collect rent for a rather nice income..
This method produces inflation proof cash and is a good future investment too!!
Im hearing from more and more expats living here is that their biggest worry is how their partners will survive here after they die..
No offence taken for goodness sake!!..
All we can do is share our opinions honestly.
with enough income to get by year after year, do you think 20/30 grand is enough in phill for the unexpected hospital horror?
Define hospital horror illness..
Look,who really knows and how long is a piece of string etc etc..
I dont spend my time worrying about such things too much..
If I did,I would probably still be in the UK,worrying,stressed out and watching Eastenders and Corry with a bowl of Cornflakes.
now thats enough to harden the arterys
no its just something i need to figure what my emergency cash should be set aside, i guess you can never realy know whats enough,
even a relatively simple heart opp,or any other opp could have unexpected complications to throw the cost even higher,
so its a gamble just decide what you think i guess
With no regular income I'd want a quarter of a million. That should do me 20+ years.
But if I was making say £300 p/w until my pension I'd settle for £30k under those circumstances.
The hospital I went into in the province you could have bought for 20 grand.
investment oppertunityThe hospital I went into in the province you could have bought for 20 grand.
Just avoid sex Stewart. You'll be alright mate.
Just avoid sex Stewart. You'll be alright mate.
and theirs me thinking its good for ya
intresting thoughts from many,
Saving i must have, i dont know where to put them and i not bothered what intresti will get its the total amount that is in the accounts that many, that can go towards the monthly living if you dont manage on what is coming in,
Live modest over there and i am sure the money will go a long way compared to here, but its what amount that is
I personally wouldn’t consider “ never coming back “ to the UK under any circumstances, and can’t comment on how much would be needed to live in the Philippines.
Naturally I am concerned with health !
• The Philippine Heart Center “ Surgical Package Deal “ states what is – and is not – included. ( Includes cost of hospitalization for specified number of days, medications, operating room and professional fees. Does not include cost of blood and/or screening of blood products and cost of Intra Aortic Balloon, Graft for Peripheral Vascular Bypass, Cardiac Rehabilitation, Pacemaker, Introducer Sheaths, and Complications of Surgery.)
• I’ve said before ( in the context of “health tourism “ -
elective health care abroad ) : -
• Do your research into the clinic / hospital, including language used / communication / costs.
• Have a full consultation with the doctor or dentist.
• Consider aftercare such as corrective treatment.
• Consider travel risks such as air travel after surgery.
• Many insurers won't cover planned treatment abroad.
• The UK has reciprocal healthcare agreements with a few non-EEA countries, but not the Philippines. Travel insurance is vital for short visits, and local health insurance ( such as “ PhilHealth “ ) desirable for living there permanently.
• If you choose to live in another European Economic Area (EEA) country or Switzerland on a permanent basis, you MAY be entitled to healthcare paid by the UK, for example if you're receiving a UK state pension or long-term incapacity benefit.
• Of course none of us know what health problems - especially emergencies - we may have in the future. Paying for the NHS through taxation means the less healthy get their money’s worth at the expense of the healthy. “ Cost “ of health can’t just be measured in financial terms ! True, we will all die eventually, but good diet, exercise, moderate alcohol intake and not smoking improve our chances of NOT suffering ill health and its consequences ... wherever we live
You are right Alan, good advice never to say never. Even now I am an 'expat' and with a good health insurance here in China, I still pay my taxes to keep my health care and pension going.
If you want your dreams to come true ...... first you have to wake up
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