How Much Do People Normally Pay for Their Retirement?

The amount people pay for retirement expenses can vary greatly depending on several factors such as lifestyle, location, and healthcare costs.

Here are a few estimates based on different scenarios:

1. Modest retirement: A retired couple living on a budget might need $50,000 to $70,000 per year to cover their expenses.

2. Average retirement: A retired couple with a more moderate lifestyle might need $70,000 to $90,000 per year.

3. Upscale retirement: A retired couple with a more luxurious lifestyle might need $90,000 or more per year.

If you relocate to Thailand for your retirement, your cost of living can range from only $1,000-$4,000 per month including accommodation, food and healthcare.

However, this range of estimates of expenses in Thailand depends on your choice of accommodation, healthcare assistance and location. Talk to us to find your exact estimate today.

It's important to note that these are just estimates for your information and your specific retirement expenses will depend on your individual needs and personal circumstances.

It's also recommended to have a financial plan in place and to regularly reassess your expenses to ensure you have enough funds to cover your needs throughout your retirement.

We are here and happy to help you enjoy this best time of life.