What are your long term plans?
What are your long term plans?
Just wondering what everyone's long-term plans are? 5-10-20 years out.
Mine are to continue working until 50, after when the kids will be out on there own. By that point my house should be paid off and I should have a nice stash saved up from years of working. After that, either retire to a low COL country (China or Thailand, per my mainland Chinese wife) or switch to easy part time work and spend 1/2 the year in the US and 1/2 the year outside of the US, relaxing as much as possible.
Would love to travel as much as possible before then, but the childcare situation + the cost of overseas trips + not much vacation time at work makes it difficult.
Mine are to continue working until 50, after when the kids will be out on there own. By that point my house should be paid off and I should have a nice stash saved up from years of working. After that, either retire to a low COL country (China or Thailand, per my mainland Chinese wife) or switch to easy part time work and spend 1/2 the year in the US and 1/2 the year outside of the US, relaxing as much as possible.
Would love to travel as much as possible before then, but the childcare situation + the cost of overseas trips + not much vacation time at work makes it difficult.
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Re: What are your long term plans?
My plan is to retire in Thailand/Malaysia/Philippines at 45, and if my savings rate stays consistent along with a conservative rise in the stock market, it should be doable.
Plans always change of course. My parents are getting older and if they fall into bad health, I'll stay here to take care of them until they pass.
In the meantime, I'll continue taking annual trips overseas. I always cheap out on lodging and never rent a car, so it really isn't that expensive.
When I actually move to Thailand/Malaysia/Philippines, I'll live in a dirt cheap apartment with no AC and spend the rest of my days exploring the countryside and taking a couple of long trips per year to Japan/Korea/Singapore/China and maybe visiting Europe every few years. Airfare will be less to visit Asian destinations as I will already be in that area.
Plans always change of course. My parents are getting older and if they fall into bad health, I'll stay here to take care of them until they pass.
In the meantime, I'll continue taking annual trips overseas. I always cheap out on lodging and never rent a car, so it really isn't that expensive.
When I actually move to Thailand/Malaysia/Philippines, I'll live in a dirt cheap apartment with no AC and spend the rest of my days exploring the countryside and taking a couple of long trips per year to Japan/Korea/Singapore/China and maybe visiting Europe every few years. Airfare will be less to visit Asian destinations as I will already be in that area.
- GuyAbroad8293
- Freshman Poster
- Posts: 348
- Joined: May 19th, 2018, 1:33 am
Re: What are your long term plans?
Basic plans:
-Never buy a house, only rent. That way I can remain mobile and free to move around.
-No kids, it's too much attachment and burden. With kids you have to stay in one place for 18 years.
-work on developing passive income online, keep working on online work
-basically just enjoy life
-Never buy a house, only rent. That way I can remain mobile and free to move around.
-No kids, it's too much attachment and burden. With kids you have to stay in one place for 18 years.
-work on developing passive income online, keep working on online work
-basically just enjoy life
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i'm literally bulletproof, for real. My friend shot a gun at me and the bullet bounced right off me.
i'm literally bulletproof, for real. My friend shot a gun at me and the bullet bounced right off me.
Re: What are your long term plans?
I think I am done with cubicle life, so will carry on teaching for a while.
I should think about a retirement base. Thailand, Malaysia and the Philippines all have good visa programs. Penang in Malaysia is worth a look, I will check it out some time.
I worked out my UK apartment is now a serious cash cow. I get rental income and I can invest that income to make even more income.
I should think about a retirement base. Thailand, Malaysia and the Philippines all have good visa programs. Penang in Malaysia is worth a look, I will check it out some time.
I worked out my UK apartment is now a serious cash cow. I get rental income and I can invest that income to make even more income.
I was Happier Abroad for a while but Covid killed that off.
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- Junior Poster
- Posts: 869
- Joined: June 18th, 2014, 11:47 pm
Re: What are your long term plans?
I plan to stay in Mexico the rest of my life and not go back to the States, raise my future kids in a more traditional environment away from the modern world.
Re: What are your long term plans?
I am just going to keep on going. I'm just waiting to see where God will take me, and what wonders He will work, if any, to hold me up. So far, so good.
As for particular plans, I wouldn't disclose any of that information.
As for particular plans, I wouldn't disclose any of that information.
Prudence is the knowledge of things to be sought, and those to be shunned.
- Contrarian Expatriate
- Elite Upper Class Poster
- Posts: 5415
- Joined: December 2nd, 2009, 9:57 pm
Re: What are your long term plans?
Continued perpetual travel with yearly breaks in South Florida for medical appointments and new clothes shopping. My pace is a changing countries every month, but that will slow as I get older.
The plan is to keep doing this as long as I am healthy enough to do so.
Death is 3 decades or more away but will hopefully come on an airplane in first class after eating a wonderful meal.
The plan is to keep doing this as long as I am healthy enough to do so.
Death is 3 decades or more away but will hopefully come on an airplane in first class after eating a wonderful meal.
- GuyAbroad8293
- Freshman Poster
- Posts: 348
- Joined: May 19th, 2018, 1:33 am
Re: What are your long term plans?
Penang is f***ing beautiful. Beach city and a really chilled, laid back vibe. They also have a lot of very good apartment high-rises in gated communities and I believe they are pretty affordable.xiongmao wrote: ↑July 11th, 2018, 2:05 amI think I am done with cubicle life, so will carry on teaching for a while.
I should think about a retirement base. Thailand, Malaysia and the Philippines all have good visa programs. Penang in Malaysia is worth a look, I will check it out some time.
I worked out my UK apartment is now a serious cash cow. I get rental income and I can invest that income to make even more income.
___________________________________________________________________
i'm literally bulletproof, for real. My friend shot a gun at me and the bullet bounced right off me.
i'm literally bulletproof, for real. My friend shot a gun at me and the bullet bounced right off me.
- flowerthief00
- Junior Poster
- Posts: 866
- Joined: January 10th, 2017, 8:14 pm
Re: What are your long term plans?
Penang is affordable as hell. I had a super delicious meal there for about the equivalent of $1. I had a super delicious meal in Bangkok for about the equivalent of $2 so Penang wins. Yes, rent is hella cheap too.
- GuyAbroad8293
- Freshman Poster
- Posts: 348
- Joined: May 19th, 2018, 1:33 am
Re: What are your long term plans?
I remember going to an outdoor market that had like 50 different food stalls set up under a massive canopy, and lots of tables too. Pretty much everythin you could want was there, asian food, western food, indian food, pretty nice and i remember it was cheap as shit too, like 1.50 dollars for a full meal.flowerthief00 wrote: ↑July 14th, 2018, 1:01 amPenang is affordable as hell. I had a super delicious meal there for about the equivalent of $1. I had a super delicious meal in Bangkok for about the equivalent of $2 so Penang wins. Yes, rent is hella cheap too.
___________________________________________________________________
i'm literally bulletproof, for real. My friend shot a gun at me and the bullet bounced right off me.
i'm literally bulletproof, for real. My friend shot a gun at me and the bullet bounced right off me.
Re: What are your long term plans?
Just trying to make more money I guess and to handle being incel alone in the years to come. I had dreamed about visiting Europe and other countries but now the news makes it seem the whole world has turned into some kind of system failing nightmare. I'm not really interested in visiting or moving to se asian countries.
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