Is Retiring Overseas Actually Cheap? Dan Tells the Truth

After traveling outside the US since After traveling outside the US since 2007, what surprised you the most about 2007, what surprised you the most about 2007, what surprised you the most about living overseas? living overseas? living overseas? >> Wow. So, [laughter] when I left the US >> Wow. So, [laughter] when I left the US >> Wow. So, [laughter] when I left the US in 2007, in 2007, in 2007, I was as American as it can get. Yeah, I I was as American as it can get. Yeah, I I was as American as it can get. Yeah, I mean mean mean >> I'd watched all the movies, the war >> I'd watched all the movies, the war >> I'd watched all the movies, the war movies, the love stories, and the one movies, the love stories, and the one movies, the love stories, and the one theme that's in all our movies is that theme that's in all our movies is that theme that's in all our movies is that the world's an the the world that the the world's an the the world that the the world's an the the world that the United States is an amazing place and United States is an amazing place and United States is an amazing place and everywhere else is a compromise. everywhere else is a compromise. everywhere else is a compromise. And uh the biggest surprise to me was And uh the biggest surprise to me was And uh the biggest surprise to me was that that wasn't even close to true. The that that wasn't even close to true. The that that wasn't even close to true. The whole world is a beautiful place and the whole world is a beautiful place and the whole world is a beautiful place and the United States has great things about it United States has great things about it United States has great things about it and it has terrible things about it just and it has terrible things about it just and it has terrible things about it just like every other country and every like every other country and every like every other country and every country is different and so when you country is different and so when you country is different and so when you explore the world you find out what's explore the world you find out what's explore the world you find out what's great about each country and what could great about each country and what could great about each country and what could use a little work. use a little work. use a little work. >> So you what I can hear is you see the >> So you what I can hear is you see the >> So you what I can hear is you see the another world outside the USA that another world outside the USA that another world outside the USA that surprise you?

surprise you? surprise you? Uh, I'm not surprised that there was a Uh, I'm not surprised that there was a Uh, I'm not surprised that there was a world outside the US. It's more world outside the US. It's more world outside the US. It's more surprised that really the like almost surprised that really the like almost surprised that really the like almost every country I've been to has something every country I've been to has something every country I've been to has something about it that's more charming and more about it that's more charming and more about it that's more charming and more amazing than the US. amazing than the US. amazing than the US. Um, and other things that are not as Um, and other things that are not as Um, and other things that are not as charming or amazing as the US. And so charming or amazing as the US. And so charming or amazing as the US. And so countries are kind of like kids. You countries are kind of like kids. You countries are kind of like kids. You know, you might have four kids and you know, you might have four kids and you know, you might have four kids and you love them. People say, "Oh, I love my love them. People say, "Oh, I love my love them. People say, "Oh, I love my kids the same." What they mean is kids the same." What they mean is kids the same." What they mean is there's parts of each kid they love. there's parts of each kid they love. there's parts of each kid they love. there's other parts they don't care for. there's other parts they don't care for. there's other parts they don't care for. So it's more like that I think. So it's more like that I think. So it's more like that I think. >> So can you tell me an example what you >> So can you tell me an example what you >> So can you tell me an example what you supply from one of the country or two supply from one of the country or two supply from one of the country or two three example you would like to share? three example you would like to share? three example you would like to share? >> There's this idea in the US that um >> There's this idea in the US that um >> There's this idea in the US that um everything we do is better our everything we do is better our everything we do is better our healthcare is better our uh our roads healthcare is better our uh our roads healthcare is better our uh our roads are better our education systems better. are better our education systems better. are better our education systems better. everything's better and it's in our everything's better and it's in our everything's better and it's in our popular culture and it's actually it's popular culture and it's actually it's popular culture and it's actually it's sort of sacrilege to say anything else sort of sacrilege to say anything else sort of sacrilege to say anything else in the US. Um but I think the healthcare in the US. Um but I think the healthcare in the US. Um but I think the healthcare in the US blows. It's completely in the US blows. It's completely in the US blows. It's completely overpriced and there's no access to it overpriced and there's no access to it overpriced and there's no access to it unless you can afford a really expensive unless you can afford a really expensive unless you can afford a really expensive policy and that's not true in most of policy and that's not true in most of policy and that's not true in most of the world. Like for example, I was I was the world. Like for example, I was I was the world. Like for example, I was I was in the hospital in India. Yeah, it's in the hospital in India. Yeah, it's in the hospital in India. Yeah, it's been 13 years ago, but at that time that been 13 years ago, but at that time that been 13 years ago, but at that time that hospital stay was $1,600 for 5 days. Two hospital stay was $1,600 for 5 days. Two hospital stay was $1,600 for 5 days. Two doctors, MRIs, blood work, food, doctors, MRIs, blood work, food, doctors, MRIs, blood work, food, everything. And it was a pristine everything. And it was a pristine everything. And it was a pristine hospital. And everyone was educated

hospital. And everyone was educated hospital. And everyone was educated there. They had the finest equipment in there. They had the finest equipment in there. They had the finest equipment in the world. And the whole bill was the world. And the whole bill was the world. And the whole bill was $1,600. In the US, that bill would have $1,600. In the US, that bill would have $1,600. In the US, that bill would have been $40 to $80,000. been $40 to $80,000. been $40 to $80,000. Um, a decade after that, a friend of Um, a decade after that, a friend of Um, a decade after that, a friend of mine was in the hospital in in Thailand mine was in the hospital in in Thailand mine was in the hospital in in Thailand and the bill was 3,600 for 4 days and in and the bill was 3,600 for 4 days and in and the bill was 3,600 for 4 days and in that bill in the US would have been that bill in the US would have been that bill in the US would have been about $40,000. about $40,000. about $40,000. So, we're talking 90% off um in much of So, we're talking 90% off um in much of So, we're talking 90% off um in much of the world. Some parts of the world it's the world. Some parts of the world it's the world. Some parts of the world it's only 20, you know, it's only 40% off or only 20, you know, it's only 40% off or only 20, you know, it's only 40% off or whatever. But this idea that a we have whatever. But this idea that a we have whatever. But this idea that a we have better doctors and we better better better doctors and we better better better doctors and we better better healthcare in the US is just not true. healthcare in the US is just not true. healthcare in the US is just not true. And that's just one example. And that's just one example. And that's just one example. >> What do you think Americans >> What do you think Americans >> What do you think Americans misunderstand most about retiring misunderstand most about retiring misunderstand most about retiring overseas? overseas? overseas? >> There's a couple kinds of expats that >> There's a couple kinds of expats that >> There's a couple kinds of expats that move overseas. move overseas. move overseas. >> There's the historical expat who've >> There's the historical expat who've >> There's the historical expat who've who've traveled enough around the world who've traveled enough around the world who've traveled enough around the world that they know that they cannot recreate that they know that they cannot recreate that they know that they cannot recreate the American culture in a foreign the American culture in a foreign the American culture in a foreign country. It's just impossible because country. It's just impossible because country. It's just impossible because nothing's the same. Every country is nothing's the same. Every country is nothing's the same. Every country is different. So when they go overseas, different. So when they go overseas, different. So when they go overseas, they're not trying to find America in they're not trying to find America in they're not trying to find America in Italy or America and Thailand or America Italy or America and Thailand or America Italy or America and Thailand or America in South America. They're just going in South America. They're just going in South America. They're just going because they're interested in that because they're interested in that because they're interested in that culture. They want to spend time there.

culture. They want to spend time there. culture. They want to spend time there. >> Um, and they want to retire there. Then >> Um, and they want to retire there. Then >> Um, and they want to retire there. Then there's another kind of retiree who goes there's another kind of retiree who goes there's another kind of retiree who goes overseas and they're going overseas uh overseas and they're going overseas uh overseas and they're going overseas uh for the first time or maybe uh the first for the first time or maybe uh the first for the first time or maybe uh the first time they've lived overseas and they time they've lived overseas and they time they've lived overseas and they have a little bit more of a struggle for have a little bit more of a struggle for have a little bit more of a struggle for the first year because when they arrive the first year because when they arrive the first year because when they arrive they're looking to get back into their they're looking to get back into their they're looking to get back into their habits from their home country. They habits from their home country. They habits from their home country. They want to eat in those restaurants that want to eat in those restaurants that want to eat in those restaurants that they would you know go to one or two they would you know go to one or two they would you know go to one or two nights a week or a couple times a month. nights a week or a couple times a month. nights a week or a couple times a month. They want to do the things bowling, all They want to do the things bowling, all They want to do the things bowling, all these different things that they did in these different things that they did in these different things that they did in their home country and they there's sort their home country and they there's sort their home country and they there's sort of a feeling they have in their home of a feeling they have in their home of a feeling they have in their home country and they go to this country and country and they go to this country and country and they go to this country and they don't they can't really get into they don't they can't really get into they don't they can't really get into their old routines and so they're a their old routines and so they're a their old routines and so they're a little bit like a fish out of water. little bit like a fish out of water. little bit like a fish out of water. They want the old food. They want an They want the old food. They want an They want the old food. They want an apartment like their or house like their apartment like their or house like their apartment like their or house like their old house. They want to buy a car and old house. They want to buy a car and old house. They want to buy a car and they want to kind of recreate this whole they want to kind of recreate this whole they want to kind of recreate this whole thing that they had going on for 50 or thing that they had going on for 50 or thing that they had going on for 50 or 60 years. And it's a little bit of a 60 years. And it's a little bit of a 60 years. And it's a little bit of a shock to people like that because you no shock to people like that because you no shock to people like that because you no matter how hard you try, you cannot matter how hard you try, you cannot matter how hard you try, you cannot recreate an American life overseas. You recreate an American life overseas. You recreate an American life overseas. You can get close. The budget for that sort can get close. The budget for that sort can get close. The budget for that sort of thing overseas is very high. So those of thing overseas is very high. So those of thing overseas is very high. So those kind of new retirees when they go kind of new retirees when they go kind of new retirees when they go overseas, they struggle a little bit overseas, they struggle a little bit overseas, they struggle a little bit because they they go to countries where because they they go to countries where because they they go to countries where there are already expats, often called a there are already expats, often called a there are already expats, often called a soft landing. And they go there because soft landing. And they go there because soft landing. And they go there because they have American food, they have they have American food, they have they have American food, they have American style apartments, they can rent American style apartments, they can rent American style apartments, they can rent cars at the airport, all the things that cars at the airport, all the things that cars at the airport, all the things that Americans do when they normally travel.

Americans do when they normally travel. Americans do when they normally travel. Uh, and but all of that stuff's really Uh, and but all of that stuff's really Uh, and but all of that stuff's really expensive. expensive. expensive. And so their budget can be much more And so their budget can be much more And so their budget can be much more than what they plan. Whereas people that than what they plan. Whereas people that than what they plan. Whereas people that are familiar with the culture are familiar with the culture are familiar with the culture go there, they know what food to eat. go there, they know what food to eat. go there, they know what food to eat. They know what a lifestyle is like They know what a lifestyle is like They know what a lifestyle is like overseas. Now that doesn't mean that the overseas. Now that doesn't mean that the overseas. Now that doesn't mean that the new retiree who hasn't been to spend a new retiree who hasn't been to spend a new retiree who hasn't been to spend a lot of time in that country cannot lot of time in that country cannot lot of time in that country cannot adjust. It just takes time. They have to adjust. It just takes time. They have to adjust. It just takes time. They have to adjust and find food they like. They adjust and find food they like. They adjust and find food they like. They have to adjust and find lifestyle they have to adjust and find lifestyle they have to adjust and find lifestyle they like. So it's a bit of a challenge in like. So it's a bit of a challenge in like. So it's a bit of a challenge in the first year. the first year. the first year. >> What are the bigger expenses retirees >> What are the bigger expenses retirees >> What are the bigger expenses retirees often underestimate when moving abroad? often underestimate when moving abroad? often underestimate when moving abroad? >> So I would say when people first move >> So I would say when people first move >> So I would say when people first move overseas. My name is Dan. I've been to overseas. My name is Dan. I've been to overseas. My name is Dan. I've been to 78 countries since I left the United 78 countries since I left the United 78 countries since I left the United States 19 years ago. If you'd like to States 19 years ago. If you'd like to States 19 years ago. If you'd like to learn all the resources we have to help learn all the resources we have to help learn all the resources we have to help give you a soft landing overseas, come give you a soft landing overseas, come give you a soft landing overseas, come to vagabondbuda.com. to vagabondbuda.com. to vagabondbuda.com. Click the membership details button and Click the membership details button and Click the membership details button and watch the video at the top of the page. watch the video at the top of the page. watch the video at the top of the page. So, I would say when people first move So, I would say when people first move So, I would say when people first move overseas, they're used to having a overseas, they're used to having a overseas, they're used to having a certain kind of lifestyle certain kind of lifestyle certain kind of lifestyle >> and they try to recreate it. I've said >> and they try to recreate it. I've said >> and they try to recreate it. I've said this over and over again already. So, this over and over again already. So, this over and over again already. So, they'll go try to get an apartment that they'll go try to get an apartment that they'll go try to get an apartment that reminds me of of them of their home reminds me of of them of their home reminds me of of them of their home country, whatever that is. Maybe it's, country, whatever that is. Maybe it's, country, whatever that is. Maybe it's, you know, tile floors or carpet and you know, tile floors or carpet and you know, tile floors or carpet and they'll want granite countertops and they'll want granite countertops and they'll want granite countertops and they want a twocar garage.

they want a twocar garage. they want a twocar garage. And, um, countries have a different sort And, um, countries have a different sort And, um, countries have a different sort of feel to them and a different way of of feel to them and a different way of of feel to them and a different way of living. Um, and so some of that stuff living. Um, and so some of that stuff living. Um, and so some of that stuff they need, some of it don't. And so they they need, some of it don't. And so they they need, some of it don't. And so they can often they often rent a place that's can often they often rent a place that's can often they often rent a place that's more expensive than they need when they more expensive than they need when they more expensive than they need when they first move overseas. Um, and the other first move overseas. Um, and the other first move overseas. Um, and the other thing is food. When they first go thing is food. When they first go thing is food. When they first go overseas, they don't they don't really overseas, they don't they don't really overseas, they don't they don't really know what to eat, you know? They're know what to eat, you know? They're know what to eat, you know? They're like, "What is this Vietnamese food or like, "What is this Vietnamese food or like, "What is this Vietnamese food or what is this whatever country they're what is this whatever country they're what is this whatever country they're in?" in?" in?" >> Can I say that? So they often to go to >> Can I say that? So they often to go to >> Can I say that? So they often to go to the food they are familiar with. the food they are familiar with. the food they are familiar with. >> Yes. >> Yes. >> Yes. >> Like whatever they used to eat, burger, >> Like whatever they used to eat, burger, >> Like whatever they used to eat, burger, pizza, pasta. pizza, pasta. pizza, pasta. >> Yes. >> Yes. >> Yes. >> You know those things. And it's not >> You know those things. And it's not >> You know those things. And it's not unusual for that food to be three or unusual for that food to be three or unusual for that food to be three or four times as much as the local food. four times as much as the local food. four times as much as the local food. >> And if they have no personal interest in >> And if they have no personal interest in >> And if they have no personal interest in that that culture, and food is a big that that culture, and food is a big that that culture, and food is a big part of culture, part of culture, part of culture, >> then they're going to keep going back to >> then they're going to keep going back to >> then they're going to keep going back to those western restaurants and the food's those western restaurants and the food's those western restaurants and the food's going to be more than maybe they going to be more than maybe they going to be more than maybe they budgeted. budgeted. budgeted. Um, but if they can find a local who's Um, but if they can find a local who's Um, but if they can find a local who's interesting and they have enjoy spending interesting and they have enjoy spending interesting and they have enjoy spending time with, they'll parade them around time with, they'll parade them around time with, they'll parade them around and show them what the local food is.

and show them what the local food is. and show them what the local food is. Uh, and that will get that'll cut a food Uh, and that will get that'll cut a food Uh, and that will get that'll cut a food budget almost in half, sometimes in budget almost in half, sometimes in budget almost in half, sometimes in half. Like if if I ate only Western in half. Like if if I ate only Western in half. Like if if I ate only Western in Western restaurants, I probably would Western restaurants, I probably would Western restaurants, I probably would average average average probably $8 per entree in a lot of these probably $8 per entree in a lot of these probably $8 per entree in a lot of these countries. And if I I only eat two meals countries. And if I I only eat two meals countries. And if I I only eat two meals a day, but that's food alone for one a day, but that's food alone for one a day, but that's food alone for one person would be $16 a day. Whereas in a person would be $16 a day. Whereas in a person would be $16 a day. Whereas in a lot of the countries like especially lot of the countries like especially lot of the countries like especially like in Southeast Asia, I can I'm like in Southeast Asia, I can I'm like in Southeast Asia, I can I'm awfully eating a $150 meals. And so, but awfully eating a $150 meals. And so, but awfully eating a $150 meals. And so, but I know where to go. I know what to eat. I know where to go. I know what to eat. I know where to go. I know what to eat. And it's the difference is time. But so, And it's the difference is time. But so, And it's the difference is time. But so, you have to put in your time. You have you have to put in your time. You have you have to put in your time. You have to work for it. You have to wander out to work for it. You have to wander out to work for it. You have to wander out into the jungle and and walk into these into the jungle and and walk into these into the jungle and and walk into these places and ask them, maybe with your places and ask them, maybe with your places and ask them, maybe with your phone, even if you don't speak the phone, even if you don't speak the phone, even if you don't speak the language, ask them what their best language, ask them what their best language, ask them what their best selling meal is that the locals eat and selling meal is that the locals eat and selling meal is that the locals eat and they'll whip it up for you and set it they'll whip it up for you and set it they'll whip it up for you and set it down in front of you. Sometimes you're down in front of you. Sometimes you're down in front of you. Sometimes you're going to like it and sometimes you going to like it and sometimes you going to like it and sometimes you aren't. But that's an adventure. That's aren't. But that's an adventure. That's aren't. But that's an adventure. That's something that will that's a retirement something that will that's a retirement something that will that's a retirement where you're in an adventure. you're where you're in an adventure. you're where you're in an adventure. you're learning about yourself and you're learning about yourself and you're learning about yourself and you're learning about the world and you're learning about the world and you're learning about the world and you're learning about um a culture. If you stay learning about um a culture. If you stay learning about um a culture. If you stay with your own food from your own with your own food from your own with your own food from your own country, you're not really learning country, you're not really learning country, you're not really learning about that culture because culture is in about that culture because culture is in about that culture because culture is in my opinion it's at least half food. The my opinion it's at least half food. The my opinion it's at least half food. The next question is, is it really cheaper next question is, is it really cheaper next question is, is it really cheaper to live overseas or you can actually to live overseas or you can actually to live overseas or you can actually spend more if you want a comfortable

spend more if you want a comfortable spend more if you want a comfortable lifestyle? lifestyle? lifestyle? [laughter] See, there's a whole definition that's See, there's a whole definition that's built into comfortable lifestyle. built into comfortable lifestyle. built into comfortable lifestyle. Um, and for me, I'm comfortable when I Um, and for me, I'm comfortable when I Um, and for me, I'm comfortable when I go to a country, learning about the go to a country, learning about the go to a country, learning about the culture and learning about the food and culture and learning about the food and culture and learning about the food and learning something. Um, comfort to me is learning something. Um, comfort to me is learning something. Um, comfort to me is not where's the McDonald's, where's the not where's the McDonald's, where's the not where's the McDonald's, where's the Pizza Hut, where's Kentucky Fried Pizza Hut, where's Kentucky Fried Pizza Hut, where's Kentucky Fried Chicken. Um, and so if you're asking if Chicken. Um, and so if you're asking if Chicken. Um, and so if you're asking if that's comfortable, can you spend more that's comfortable, can you spend more that's comfortable, can you spend more overseas than in your home country? overseas than in your home country? overseas than in your home country? You're damn right you could. Cuz if you You're damn right you could. Cuz if you You're damn right you could. Cuz if you want see an apartment, a local want see an apartment, a local want see an apartment, a local apartment, right, rent for $300. apartment, right, rent for $300. apartment, right, rent for $300. But if if you want a western apartment, But if if you want a western apartment, But if if you want a western apartment, all over the world, there are landlords all over the world, there are landlords all over the world, there are landlords that know how to make an apartment for that know how to make an apartment for that know how to make an apartment for someone from the US or Europe or someone from the US or Europe or someone from the US or Europe or whatever. whatever. whatever. >> Mhm. So when they see it, they want to >> Mhm. So when they see it, they want to >> Mhm. So when they see it, they want to pay $1,000. pay $1,000. pay $1,000. So you can spend three times as much as So you can spend three times as much as So you can spend three times as much as the local. Now maybe a,000 is cheaper the local. Now maybe a,000 is cheaper the local. Now maybe a,000 is cheaper than maybe an apartment in your home than maybe an apartment in your home than maybe an apartment in your home country might be 1,500 or 1,200. You country might be 1,500 or 1,200. You country might be 1,500 or 1,200. You know, I can't really speak to that, but know, I can't really speak to that, but know, I can't really speak to that, but you can just by trying to recreate your you can just by trying to recreate your you can just by trying to recreate your your life in your old country, you can your life in your old country, you can your life in your old country, you can triple your rent. And the same goes for triple your rent. And the same goes for triple your rent. And the same goes for food. You can quadruple your food. um if food. You can quadruple your food. um if food. You can quadruple your food. um if it's uh just by eating all of these it's uh just by eating all of these it's uh just by eating all of these brands that are from overseas. What brands that are from overseas. What brands that are from overseas. What local food means ingredients that are local food means ingredients that are local food means ingredients that are sourced in the country you're in. What

sourced in the country you're in. What sourced in the country you're in. What that means is if some farmer 100 miles that means is if some farmer 100 miles that means is if some farmer 100 miles from you or 200 or 300 miles or from you or 200 or 300 miles or from you or 200 or 300 miles or kilometers around most of the world um kilometers around most of the world um kilometers around most of the world um is growing whatever you need to make is growing whatever you need to make is growing whatever you need to make that thing. And so the labor that went that thing. And so the labor that went that thing. And so the labor that went into making it and the truck driver and into making it and the truck driver and into making it and the truck driver and the road and the gas prices and the road and the gas prices and the road and the gas prices and everything to get that food to market is everything to get that food to market is everything to get that food to market is way le less than having it grown in a way le less than having it grown in a way le less than having it grown in a country around the world, packaged, country around the world, packaged, country around the world, packaged, shipped in boxes and in cans or whatever shipped in boxes and in cans or whatever shipped in boxes and in cans or whatever and then shipped to the some other and then shipped to the some other and then shipped to the some other country and then marked up because the country and then marked up because the country and then marked up because the only people could afford to buy that are only people could afford to buy that are only people could afford to buy that are other expats. Um, yeah, that can be other expats. Um, yeah, that can be other expats. Um, yeah, that can be three, four or five times as much. And three, four or five times as much. And three, four or five times as much. And so if comfort to you means living in a so if comfort to you means living in a so if comfort to you means living in a foreign country halfway around the foreign country halfway around the foreign country halfway around the world, but eating your same food every world, but eating your same food every world, but eating your same food every day and renting a place that looks like day and renting a place that looks like day and renting a place that looks like where you left when So I have a question where you left when So I have a question where you left when So I have a question for you. Why did you Why are you going for you. Why did you Why are you going for you. Why did you Why are you going around the world? Because if you think around the world? Because if you think around the world? Because if you think you're going to get a better price by you're going to get a better price by you're going to get a better price by recreating your old life in a new recreating your old life in a new recreating your old life in a new country, country, country, I don't know. Maybe you can save a I don't know. Maybe you can save a I don't know. Maybe you can save a little money, but some people spend little money, but some people spend little money, but some people spend more. On average though, I'd say even if more. On average though, I'd say even if more. On average though, I'd say even if you recreate your old life in a new you recreate your old life in a new you recreate your old life in a new country, you'll save a little bit of country, you'll save a little bit of country, you'll save a little bit of money. But here's the thing about money. But here's the thing about money. But here's the thing about budgets.

budgets. budgets. It doesn't matter what my budget is. It It doesn't matter what my budget is. It It doesn't matter what my budget is. It doesn't matter what anyone else's budget doesn't matter what anyone else's budget doesn't matter what anyone else's budget is. You can watch all the YouTube videos is. You can watch all the YouTube videos is. You can watch all the YouTube videos you want. The only way you know what you want. The only way you know what you want. The only way you know what your budget is is when you say, "I want your budget is is when you say, "I want your budget is is when you say, "I want to rent this place. I want to eat this to rent this place. I want to eat this to rent this place. I want to eat this restaurant's steak. I want to eat this restaurant's steak. I want to eat this restaurant's steak. I want to eat this restaurant's sushi and I want to drink restaurant's sushi and I want to drink restaurant's sushi and I want to drink this whiskey and I want to sit in this this whiskey and I want to sit in this this whiskey and I want to sit in this new car I bought overseas. And you add new car I bought overseas. And you add new car I bought overseas. And you add all that up and now you know what your all that up and now you know what your all that up and now you know what your budget is. Because I can live on 1,200 budget is. Because I can live on 1,200 budget is. Because I can live on 1,200 bucks somewhere, it doesn't mean you can bucks somewhere, it doesn't mean you can bucks somewhere, it doesn't mean you can live on 3,000. And so that I think live on 3,000. And so that I think live on 3,000. And so that I think that's the thing that um and the other that's the thing that um and the other that's the thing that um and the other thing is when you see a life that thing is when you see a life that thing is when you see a life that matches your life in a foreign country matches your life in a foreign country matches your life in a foreign country and that sounds interesting to you, when and that sounds interesting to you, when and that sounds interesting to you, when you get over there, that country might you get over there, that country might you get over there, that country might not feel right to you. And so you have not feel right to you. And so you have not feel right to you. And so you have to be careful about the country you to be careful about the country you to be careful about the country you pick. Pick a region of the world most pick. Pick a region of the world most pick. Pick a region of the world most interesting to you and go explore around interesting to you and go explore around interesting to you and go explore around that region. When you're in somewhere that region. When you're in somewhere that region. When you're in somewhere like right now we're in Southeast Asia, like right now we're in Southeast Asia, like right now we're in Southeast Asia, um short hops, flights are like a um short hops, flights are like a um short hops, flights are like a hundred bucks.

hundred bucks. hundred bucks. a a minivan might cost you 20 or $30 to a a minivan might cost you 20 or $30 to a a minivan might cost you 20 or $30 to go to another country, go to another country, go to another country, but if you're in South America and you but if you're in South America and you but if you're in South America and you want to go from Brazil want to go from Brazil want to go from Brazil to Chile, to Chile, to Chile, that could be $300 one way. And Europe's that could be $300 one way. And Europe's that could be $300 one way. And Europe's a little cheaper cuz it's really close a little cheaper cuz it's really close a little cheaper cuz it's really close in. So, all of these things vary. And it in. So, all of these things vary. And it in. So, all of these things vary. And it and the only way you find out is just to and the only way you find out is just to and the only way you find out is just to wander out into the jungle and see what wander out into the jungle and see what wander out into the jungle and see what things are going to cost for you because things are going to cost for you because things are going to cost for you because it's your own self you're trying to make it's your own self you're trying to make it's your own self you're trying to make happy. And it doesn't matter what I happy. And it doesn't matter what I happy. And it doesn't matter what I think. Oh, you need to eat local. No. If think. Oh, you need to eat local. No. If think. Oh, you need to eat local. No. If you want to eat steak every night, you you want to eat steak every night, you you want to eat steak every night, you want to drive a a Tesla want to drive a a Tesla want to drive a a Tesla uh in wherever you go in the world, all uh in wherever you go in the world, all uh in wherever you go in the world, all the power to you. Congratulations. But the power to you. Congratulations. But the power to you. Congratulations. But you need to go find out what that cost. you need to go find out what that cost. you need to go find out what that cost. >> The next question I think is very tough >> The next question I think is very tough >> The next question I think is very tough for you to choose. for you to choose. for you to choose. >> Okay. What do you think is more >> Okay. What do you think is more >> Okay. What do you think is more important for retirement overseas? Low important for retirement overseas? Low important for retirement overseas? Low cost of living, safety, health care, or cost of living, safety, health care, or cost of living, safety, health care, or quality of life?

>> I want to see how you answer this. >> I want to see how you answer this. To me, it's a soup, right? To me, you To me, it's a soup, right? To me, you To me, it's a soup, right? To me, you have this is why you pick a region of have this is why you pick a region of have this is why you pick a region of the world and you travel around it for a the world and you travel around it for a the world and you travel around it for a few months few months few months >> because life is a soup. You know, if you >> because life is a soup. You know, if you >> because life is a soup. You know, if you take this country might have it's not take this country might have it's not take this country might have it's not quite as safe, but it has better quite as safe, but it has better quite as safe, but it has better healthcare and that's what you care healthcare and that's what you care healthcare and that's what you care about. So, picking a country is like about. So, picking a country is like about. So, picking a country is like making soup. You go to one part of the making soup. You go to one part of the making soup. You go to one part of the world and you travel around that area world and you travel around that area world and you travel around that area and you find out how much of those and you find out how much of those and you find out how much of those ingredients is the minimum for you and ingredients is the minimum for you and ingredients is the minimum for you and then what does it feel like being there? then what does it feel like being there? then what does it feel like being there? Like we were in this in Florinopoulos in Like we were in this in Florinopoulos in Like we were in this in Florinopoulos in Brazil. Everyone in the world is going Brazil. Everyone in the world is going Brazil. Everyone in the world is going to tell you how dangerous it is. to tell you how dangerous it is. to tell you how dangerous it is. >> Yeah. >> Yeah. >> Yeah. >> But I didn't feel in danger there. >> But I didn't feel in danger there. >> But I didn't feel in danger there. >> I don't feel >> I don't feel >> I don't feel >> and I love the food. I love the beaches. >> and I love the food. I love the beaches. >> and I love the food. I love the beaches. You get me? You get me? You get me? >> Yes. >> Yes. >> Yes. >> And so for me, >> And so for me, >> And so for me, >> Brazil's fine. I would live in >> Brazil's fine. I would live in >> Brazil's fine. I would live in Florinopoulos, but the taxes might be Florinopoulos, but the taxes might be Florinopoulos, but the taxes might be too much for somebody. If you make a lot too much for somebody. If you make a lot too much for somebody. If you make a lot of money, Brazil, they're going to eat of money, Brazil, they're going to eat of money, Brazil, they're going to eat you alive in taxes. So, there's a soup you alive in taxes. So, there's a soup you alive in taxes. So, there's a soup of things you can't really know until of things you can't really know until of things you can't really know until you go there and feel it. Um, I mean, my you go there and feel it. Um, I mean, my you go there and feel it. Um, I mean, my favorite part of the world is Southeast favorite part of the world is Southeast favorite part of the world is Southeast Asia. A lot of that is food. I just love Asia. A lot of that is food. I just love Asia. A lot of that is food. I just love I love Asian food. The other part of I love Asian food. The other part of I love Asian food. The other part of that is I love wandering around and not that is I love wandering around and not that is I love wandering around and not even thinking about safety. And that's even thinking about safety. And that's even thinking about safety. And that's Southeast Asia. And also love the fact Southeast Asia. And also love the fact Southeast Asia. And also love the fact that Asia believes in karma. You believe that Asia believes in karma. You believe that Asia believes in karma. You believe you if you're kind to people, it comes you if you're kind to people, it comes you if you're kind to people, it comes back to you. in the in the US and other back to you. in the in the US and other back to you. in the in the US and other parts of the world, they believe that on parts of the world, they believe that on parts of the world, they believe that on Sunday morning, you go ask for Sunday morning, you go ask for Sunday morning, you go ask for forgiveness from the priest and whatever forgiveness from the priest and whatever forgiveness from the priest and whatever you did the week before, you're forgiven

you did the week before, you're forgiven you did the week before, you're forgiven and you're starting, you know, so all and you're starting, you know, so all and you're starting, you know, so all your mistakes can be forgiven. And so I your mistakes can be forgiven. And so I your mistakes can be forgiven. And so I think that creates a different kind of think that creates a different kind of think that creates a different kind of um experience and I I don't think you um experience and I I don't think you um experience and I I don't think you can really know this. can really know this. can really know this. You have to feel this stuff. It's not You have to feel this stuff. It's not You have to feel this stuff. It's not just knowledge. It's a feeling you get just knowledge. It's a feeling you get just knowledge. It's a feeling you get when you're somewhere. And by the way, when you're somewhere. And by the way, when you're somewhere. And by the way, you need to have some savings. You can't you need to have some savings. You can't you need to have some savings. You can't go you can't go over you can't leave go you can't go over you can't leave go you can't go over you can't leave your home country and live somewhere your home country and live somewhere your home country and live somewhere else in the world on a really low else in the world on a really low else in the world on a really low pension and without any savings. If you pension and without any savings. If you pension and without any savings. If you have a high pension, it's a little have a high pension, it's a little have a high pension, it's a little easier, but you still need to have some easier, but you still need to have some easier, but you still need to have some savings because if you have a 10 or savings because if you have a 10 or savings because if you have a 10 or $20,000 $20,000 $20,000 uh problem and your pensions, whatever uh problem and your pensions, whatever uh problem and your pensions, whatever you think is high, 5,000, that takes you think is high, 5,000, that takes you think is high, 5,000, that takes four months to pay for it, right? And four months to pay for it, right? And four months to pay for it, right? And you might need that money today. So if you might need that money today. So if you might need that money today. So if you have money handled, you're going to you have money handled, you're going to you have money handled, you're going to solve a lot of problems. The US State solve a lot of problems. The US State solve a lot of problems. The US State Department has a course they give US Department has a course they give US Department has a course they give US citizens before they move overseas. And citizens before they move overseas. And citizens before they move overseas. And it talks about the the three or four it talks about the the three or four it talks about the the three or four stages you go through psychologically stages you go through psychologically stages you go through psychologically when you first move to a new country.

when you first move to a new country. when you first move to a new country. And and I would say that's probably the And and I would say that's probably the And and I would say that's probably the biggest challenge when you hear when you biggest challenge when you hear when you biggest challenge when you hear when you hear people talk about how some people hear people talk about how some people hear people talk about how some people just move home. It's because they don't just move home. It's because they don't just move home. It's because they don't adjust well in that first year. if they adjust well in that first year. if they adjust well in that first year. if they if they pick the right country because if they pick the right country because if they pick the right country because they did the exploratory visit and they did the exploratory visit and they did the exploratory visit and they're aware of the emotional conflicts they're aware of the emotional conflicts they're aware of the emotional conflicts that people go through in the first year that people go through in the first year that people go through in the first year moving overseas. Those are the two moving overseas. Those are the two moving overseas. Those are the two biggest hurdles. And by the way, my biggest hurdles. And by the way, my biggest hurdles. And by the way, my retire overseas course uh has the retire overseas course uh has the retire overseas course uh has the discusses this kind of thing, the first discusses this kind of thing, the first discusses this kind of thing, the first year and whatnot and what those emotions year and whatnot and what those emotions year and whatnot and what those emotions are. And so those are your two biggest are. And so those are your two biggest are. And so those are your two biggest risks. Bye-bye.