Question about cost of living for retirement - Page 2

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Question about cost of living for retirement - Page 2


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  #11 (permalink)  
Old 19th April 2015, 11:18 PM
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I lived here with my wife 4 years before we got married. My wife being the youngest child learned during that time that she is not responsible for all her families needs/wants. Not saying we don't help if there is an emergency or major problem, but that is on an individual case and an actual need versus a want.

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Old 20th April 2015, 12:28 AM
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Quote:
Originally Posted by bidrod View Post
I lived here with my wife 4 years before we got married. My wife being the youngest child learned during that time that she is not responsible for all her families needs/wants. Not saying we don't help if there is an emergency or major problem, but that is on an individual case and an actual need versus a want.
Very much the same here. It is not the relation of my wife who live in our barangay they are great and never ask. It is the Aunts, Uncles, Cousins from out of town who give me shudders when I see the trikey pull up. But my wife has learned to say no unless it is a REAL medical emergency. ”Sorry but they should have planned better” repeated enough times finally works.

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Old 20th April 2015, 06:12 AM
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It sounds like you are in great shape for retirement in the Philippines.
My suggestion is to NOT develop a lifestyle which uses all your income each month.
Also, save up some money which will act in lieu of insurance money, so save up some money for unforseen future medical issues and some money for unforseen home repair issues.

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