Post
Topic
Board Economics
Re: Which country would you like to retire in?
by
dothebeats
on 04/04/2025, 09:27:40 UTC
I would still live here in the Philippines at old age, though I would love to travel different countries if I have the funds in the future. Given that there are tons of places you can settle in, especially in the provinces, to lower your cost of living, there are also tons of people here that will treat you as if you're family and would always check on you even if you're just randomly walking to exercise or buying something. There literally is no other perfect place to retire for me than here.

My retirement plan is also pretty simple: invest in crypto, UITFs, MP2 (government-backed investment), and gold until my 60s. Sell some of these investments for my own enjoyment and leave the rest to my kids (if I will have any). The cost of living in the Philippines is extremely cheap even if you're renting your house. It will be a lot cheaper if you managed to own the house as it eliminates the need to pay for rent--you only have to pay for taxes and maintenance, which is not a monthly-recurring theme anyway, and you will have no problems with dealing with a landlord.

Hopefully my investments perform well to be able to attain the retirement life I envision myself in. It's hard to grow old without funds and without a home to call your own.