WorldTraveler wrote:Congratulations on the escape. I'm trying to escape too.
Where will you be moving to in the Philippines? How long did it take to sell your house and get rid of everything? Do you have things in storage in the USA?
What kind of budget do you have for living in the Philippines? Do you ever plan on living in the USA again? Does Janet want children? Anything else you can tell us would be appreciated. Good luck.

The downsizing has been an ongoing process for the past couple of years. For many of my peers approaching retirement or just plain old age, that is what they find most remarkable. They have all sorts of crap which they think will be impossible to get rid of. I sold what was a bit valuable on eBay and Craigslist and garage saled the rest. Right now Janet and I are down to the 9 balikpapan boxes we are shipping this week, plus 4 suitcases, the one guitar I have left (gave the other 2 to my kids), plus my computer. Other than all that the house is empty. So no, we did no storage of the furniture - it's all gone. Even stuff I never thought would sell (an expensive elliptical machine) flew out the door.
The budget will be interesting, both from a standpoint of expenses which should be lots less and income which is certainly going to be less. But I've had years to work it all out and have a pretty good emergency fund saved for the unexpected. We expect therefore to live well but not too well. We will accumulate more stuff but will keep it simple.
The house sold in 6 weeks and now we are going through an almost equally stressful closing process. We live in a "hot" real estate market, but it sure wasn't as hot as we believed. The "you're going to make a fortune" just didn't happen. But I'm happy with the outcome and just getting out of Dodge. Two more weeks till closing (fingers crossed) and a week later on the plane!
I don't plan to live in the US again, but I suppose you never say never. Don't know the stats but my guess is that the majority of expats return "Home" at some point for a variety of reasons. I intend to adjust and assimilate. I have a blog (a good place to watch our adventures) and just this morning I got an angry comment from someone saying he had lived in PI for 13 years but was going back to "civilization." He may be surprised by how much civilization has changed. OTOH, we will be visiting the US annually for a while to see family.
I retired two months ago and milked as much as i could out of my employer. I have worked there (a Fortune 500 company) for about 15 years and in that time only saw a handful of people actually retire. Saw lots get downsized, burned out and actually die, but very few retire. Believe it or not most guys 60+ can't imagine it either because of their finances, or inability to imagine a life outside of working. My identity was never caught up in working.