Hi friends, Kiwi guy, 52, living overseas most of my life and my current job being dissolved in 4 months. I can stay on for less money and more work but after covid years have had enough and want to be free to pursue new directions in life.
I'm scared for sure, I have just over $ US 1 million and probably could use a few more years as a buffer, as I don't qualify for a government pension, social security, or super fund anywhere. But, I figure I can test drive FIRE and in the next 5 years if budget doesn't work or worried about income/ability to live okay in my dotage I can return to my country and will qualify for pension eventually. I need about 9 years to qualify.
Planning to move to Philippines, as I lived and worked there in the early 2000's for a few years and can fit in easily and live close to the bone if needed. Budget will be US$ 2000 a month. Can revisit this every few years. I don't smoke or drink and happy with simple foods.
Currently, my funds are all over the place, not in index funds/ETFs and I'll need advice on this going forward and I'm sure on many other things. It is invested and returning a safe rate in time deposits and shares for now, while I'm working. Have about 15% in crypto (BTC and ETH) that thankfully I got back in the day.
Look forward to engaging with y'all.
I'm scared for sure, I have just over $ US 1 million and probably could use a few more years as a buffer, as I don't qualify for a government pension, social security, or super fund anywhere. But, I figure I can test drive FIRE and in the next 5 years if budget doesn't work or worried about income/ability to live okay in my dotage I can return to my country and will qualify for pension eventually. I need about 9 years to qualify.
Planning to move to Philippines, as I lived and worked there in the early 2000's for a few years and can fit in easily and live close to the bone if needed. Budget will be US$ 2000 a month. Can revisit this every few years. I don't smoke or drink and happy with simple foods.
Currently, my funds are all over the place, not in index funds/ETFs and I'll need advice on this going forward and I'm sure on many other things. It is invested and returning a safe rate in time deposits and shares for now, while I'm working. Have about 15% in crypto (BTC and ETH) that thankfully I got back in the day.
Look forward to engaging with y'all.
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