Have you ever calculated how much money you would need to retire in Thailand if you lived to 90 years old?
According to the government, expats need a minimum of 65,000 THB per month.
Let’s do the math!
Age 65 to age 90 is 25 years.
25 Years X 12 months a year = 300 months
300 months X 65,000 THB per month = 19,500,000.00 THB
Once you retire and depend on your retirement pension, social security and savings for income, it is still the same 65,000 a month or 19,500,000 THB until age 90.
*Disclaimer: This does NOT include any cost of living increases or decreases in exchange rates over those 25 years.