Phnom Penh tops Best Places to Retire on $30,000 a Year

This is a part of our Cambodia forums to chat about anything Cambodia-related. This discussion forum is at the top of our site because it's usually the busiest part of the expat community chatter with random topics on just about everything, including expat life, Khmer politics, Cambodian blogs we have or have come across, or whatever else our members want to discuss. Whether you're an expatriate, tourist, Cambodian or random traveler just passing through South East Asia, you are welcome to talk about anything or start new topics yourselves.
User avatar
Kung-fu Hillbilly
Expatriate
Posts: 2451
Joined: Sat May 17, 2014 11:26 am
Reputation: 2197
Location: Behind you.
Australia

Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by Kung-fu Hillbilly » Sat Jul 07, 2018 11:07 am

Image

July 3, 2018

If you are worried you don’t have $30,000 a year to retire, there are still spots where you can live well on a modest budget—like super-affordable, exotic Cambodia. For the third year in a row, Cambodia claims top spot in the cost of living category in IL’s Annual Global Retirement Index.

Phnom Penh

San Diego-native Tom Richter lives in Phnom Penh, Cambodia’s capital city. “This country has made me feel 15 years younger, compared with living in the States,” Tom says. “I made the right decision coming here, and I know it.

“My check from Social Security comes to just over $1,000 per month. But in Phnom Penh that’s a sizable amount.”

Mafra, Portugal

The town is a low-key place of white-washed houses trimmed in yellow and blue, lining narrow cobbled streets. The scent of grilling sardines is ever-present in the air, along with the sound of laughter and clinking glasses in the village’s many cafés and bars.

Here, a couple can live well on a monthly budget of $2,034.

Cuenca, Ecuador

A couple can enjoy a wonderful retirement on $1,680 per month in Cuenca, excluding travel—which can vary greatly from household to household, depending on your lifestyle.

Central Valley, Costa Rica

A single person can live on between $1,500 and $1,800 a month. Some single people scrape by on considerably less, and others spend hundreds of dollars more. In most cases a couple can live well on $2,000 per month and even better on $2,500. It depends on your lifestyle.

Pedasí, Panama

The Gaults own their own home and car and Jim says, “I’m collecting my Social Security and we live comfortably on $2,000 a month, including several trips within Panama and one trip abroad per year.

Full https://internationalliving.com/5-best- ... 00-a-year/
The idea that seeing the world is going from place to place to look at obvious things is an illusion natural to dull minds.
User avatar
that genius
Expatriate
Posts: 4065
Joined: Wed Dec 06, 2017 7:53 am
Reputation: 960
Sweden

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by that genius » Sat Jul 07, 2018 11:10 am

Best way to fuck up the place, publish a report overseas.

Not aimed at you, KfH
User avatar
cptrelentless
Expatriate
Posts: 2940
Joined: Wed Jul 01, 2015 11:49 am
Reputation: 509
Location: Sihanoukville
Korea North

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by cptrelentless » Sat Jul 07, 2018 11:41 am

Is Mehico getting a bit too rough, then? Portugal is in the euro so it's not going to be that cheap. Bulgaria and Romania are becoming quite popular, so are the Baltic countries if you don't mind it getting a bit chilly. Apparently Goa has gone to shit these days, that used to be popular, too.
User avatar
AndyKK
Expatriate
Posts: 2345
Joined: Tue Jun 13, 2017 7:32 am
Reputation: 618
Cambodia

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by AndyKK » Sat Jul 07, 2018 11:54 am

30.000 per year retirements. 1.000 per week for Phnom Penh?
I don't know what World wide incomes would be. State pension for brits come in at under @1.000. So what would the alternative be. Stay in the home country or rough it in Cambodia?
shnoukieBRO
Expatriate
Posts: 758
Joined: Tue Oct 27, 2015 3:42 am
Reputation: 102
Cambodia

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by shnoukieBRO » Sat Jul 07, 2018 12:11 pm

Based on the verdict on the report it's obviously a crap one.😂
violet
Expatriate
Posts: 1032
Joined: Fri May 23, 2014 3:48 pm
Reputation: 326

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by violet » Sat Jul 07, 2018 12:31 pm

Where's the best place for those that have 30k for their entire retirement years?
Last edited by violet on Sat Jul 07, 2018 12:49 pm, edited 1 time in total.
User avatar
Artful Dodger
Expatriate
Posts: 527
Joined: Thu Apr 12, 2018 6:17 am
Reputation: 153
Location: Cambodia and Vietnam
Cambodia

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by Artful Dodger » Sat Jul 07, 2018 12:42 pm

I saw the topic of this thread and was prompted to say something... then I read the thread and convinced I have to say something...

Can''t remember his name nor his business name... Opposite GSM.. has a small bar. First met him 2 years ago. Lives upstairs... He told me he loses money at his bar at a rate of $200 a month, but compared to renting an apartment and food and so on, he was effectively living very comfortably in Cambodia for $200 a month.
Water quenches the thirst, alcohol releases the truth.
User avatar
Duncan
Sir Duncan
Posts: 7231
Joined: Tue Jun 03, 2014 8:22 pm
Reputation: 1841
Location: Wonder Why Central

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by Duncan » Sat Jul 07, 2018 1:23 pm

violet wrote:
Sat Jul 07, 2018 12:31 pm
Where's the best place for those that have 30k for their entire retirement years?

In your case, the best place would probably be sitting on a bar stool waiting for a rich man.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
violet
Expatriate
Posts: 1032
Joined: Fri May 23, 2014 3:48 pm
Reputation: 326

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by violet » Sat Jul 07, 2018 1:30 pm

Duncan wrote:
Sat Jul 07, 2018 1:23 pm
violet wrote:
Sat Jul 07, 2018 12:31 pm
Where's the best place for those that have 30k for their entire retirement years?

In your case, the best place would probably be sitting on a bar stool waiting for a rich man.

We've not met then?
I'll get in before the haters and say, I'll be waiting a bloody long time.

I'm really not what men are looking for here.
User avatar
that genius
Expatriate
Posts: 4065
Joined: Wed Dec 06, 2017 7:53 am
Reputation: 960
Sweden

Re: Phnom Penh tops Best Places to Retire on $30,000 a Year

Post by that genius » Sat Jul 07, 2018 2:04 pm

violet wrote:
Sat Jul 07, 2018 1:30 pm
I'm really not what men are looking for here.
You make it sound like a bad thing

why?
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: BklynBoy, fazur, gargarouf, hmmmokay, nathaniel.killick, perter, Sweet Lemon and 435 guests