Where Can I Enjoy A Comfortable Retirement On US$1,071 A Month?

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August 1, 2013

“I receive a pension of US$1,071 a month, and I’m thinking of retiring to the Philippines. How comfortable of a life would I have on this budget? Or do you have any suggestions as to where I could retire comfortably with this small pension?”

Donald E., United States

Asia Correspondent Wendy Justice responds:

“Yes, you could live comfortably in the Philippines for US$1,071 a month. I’d recommend taking a look around Cebu and Dumaguete where you could live a middle-class lifestyle without having to worry about money. It’s very inexpensive there, and you could enjoy a fine quality of life for US$1,000 or less a month.

“Other areas to consider would be around Chiang Mai, Chiang Rai, and Pai in Thailand and Nha Trang, Hoi An, and Danang in Vietnam. All of these places have a much lower cost of living than in the West. There are also some parts of Malaysia, such as Kuching, where you could live a comfortable, middle-class lifestyle for US$1,000 or less per month.”

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Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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