Joys of Retirement at Chateau De La Mer (Seaside Garden Paradise): Is the Philippines Still a Good Place for Retirement Today?

Saturday, April 13, 2024

Is the Philippines Still a Good Place for Retirement Today?

Philippines Not in Top Ten Countries for Retirement, Dated 2020

Are you planning to retire next year outside the US? I have a number of friends who informed me that if Moron DJT( https://www.cbsnews.com/news/john-bolton-book-trump-revelations-the-room-where-it-happened/ ) gets elected, they will retire abroad. Is the Philippines still a good place to retire today? 💚💚

I did some search and here's the latest top 10 best countries for retirement from marketwatch.com dated February, 2020 based on housing, benefits/discounts, visas/residency, ease of fitting in, development, climate, health care, governance, cost of living and other factors.

Ten best countries to retire abroad
1. Portugal
2. Panama
3. Costa Rica
4. Mexico
5. Colombia
6. Ecuador
7. Malaysia
8. Spain
9. France
10. Vietnam

For details read:

https://www.marketwatch.com/story/this-gorgeous-country-is-the-no-1-place-to-retire-abroad-and-you-can-do-it-on-just-2200-a-month-2020-01-02

Note: Personally, Marinduque, Philippines is still my number #1 Choice for Retirement. https://whyretireinthephilippines.blogspot.com/search?q=place+for+retirement

The following video was made 4 years ago. It is a nice ad for the Philippines, but is it still applicable today? 💚💚

💜https://youtu.be/XuTow8dbWno?si=dpUW8Slfy9xm-oGx

Macrine and I enjoying the Sunset at Our Retirement Home in the Philippines

💜Nice video. But far from the truth of living in the Philippines. Philippines can be a good place, but a foreigner will always be a foreigner, even if married to a Pinay. Trying to start a business? forget it! You can lose the shirt on your back and there will be no one to help you, specially if you are in the province. Even the police will not help you there. Always remember, traveling through a country as a tourist, is not the same as living in that country and trying to make a living. Two different stories! If you marry a pinay, do not buy land or a house that will be in her name. She WILL eventually take it all from you. If you must, buy a condo in your name. If she insists, just walk. If you must prove your love to her, find another way. I know so many people, including myself , who have lost everything they paid for in Philippines to their wives, GFs, fiancés, in laws, and ended up with nothing. Oh, that's not true, they did end up with their heart broken.

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Joys of Retirement at Chateau De La Mer, Marinduque, Philippines

I have been retired from USFDA since 2002. At first, I feel I have lost my identity as an individual or have lost my contribution to society. However, within a few weeks all these feelings were gone. It started when my wife and I started baby sitting one of our grandchildren. As some economics professor states: "Your children are your capital investments, but your grandchildren are your profits. That is why you love your grandchildren more than your children". I really agree with the statement. Retirement also gives you lots of time to do things you like to do, such as your hobbies and of course travel. In my case, I turned my hobby of gardening and landscaping into a small business in the Philippines. This endeavor was planned about five years before 2002. That year my wife and I started construction of our retirement home in Boac, Marinduque , Philippines. The next year we built a beach house, followed by a Conference Hall two years later. Needless to say, planning and executing the landscaping was a challenge and very enjoyable. With the help of local labor, I not only enjoy the time gardening and landscaping, but also help improved the economic situation of the province by providing work and jobs to the local residents. With plenty of time, I have engaged into two specific activities as follows: First, I created a website for my small business. By trial and error, I created and design the website, www.chateaudumer.com I have never been a computer nerd or expert. But with plenty of time and patience, the fruits of my labor could be enjoyed if you visit the website above. The second activity, I have not done before was to utilize on-line activities, such as shopping, paying bills ( save you stamps) and playing computer games in the Internet. I really enjoyed playing duplicate bridge on line. You play with players all over the world and can chat in between games. But be careful, you are not spending too much time in the computer. It is very addictive. With a lots of time, my wife and I devoted more time on our favorite humanitarian project. For the last 15 years, we have been involved with medical mission to the province of Marinduque. For details please visit the website: www.marinduqueinternational.org As a summary, the joy one gets on retirement is very specific for an individual. Some enjoy their free time by learning new activities, getting involved with humanitarian projects or spending more time with their grandchildren. Others hate it, since they missed their former jobs and co-workers. Others with no children still enjoy retirement by traveling, turning their hobbies into business or more community involvement. Of course those that retire and hate it, is believe to die earlier than those that enjoy their retirement years. So, plan your retirement as early as you can. The happier you are on retirement, the longer you will live.

Saturday, April 13, 2024

Is the Philippines Still a Good Place for Retirement Today?

Philippines Not in Top Ten Countries for Retirement, Dated 2020

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