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Hi everyone,
I've been interested in learning more about what retirees prioritize when choosing a place to settle down. Singapore often comes up as an option given its amenities and quality of life. However, the cost of living is higher there than in other Southeast Asian countries.
For those of you who have researched retiring abroad, what factors weighed most heavily in your consideration? Was affordability a main concern over other desirable attributes like climate, activities, healthcare access, or proximity to family/friends?
I'm curious to hear what really matters to people when selecting their retirement destination. While a developed location might seem ideal, a less expensive area could allow for a more financially comfortable lifestyle.
Where have you contemplated retiring and why does that place appeal? Any insights into how you balanced different priorities would be greatly appreciated. Discussing retirement planning with others in the same life stage can provide helpful real-world perspectives.
Thanks in advance for sharing your thoughts and experiences!
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Depending on your preferences, Singapore is a safe place to live in. Some might prefer to live in the city and eat and live like the local while some prefer a more cheaper country and live like an expat.
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Yes - but that because family is here and I am ok living simply.
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Singapore is a popular retirement destination for many people due to its high standard of living, excellent healthcare system, safety, and cleanliness. Singapore also offers a range of recreational and cultural activities, making it an attractive option for retirees.
However, the cost of living in Singapore can be relatively high, so it's important to consider your financial situation before making such a decision. It is best to start retirement planning as soon as possible to ensure that you have the funds for a peaceful and fulfilling retirement, perhaps with this 5-Step Plan to Investing for Retirement. You can use this Retirement Calculator to get a picture of how much you need in your retirement fund
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I will base myself in SG, but maybe sacrifice my privacy a little by renting my room out. Then depen...
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If house fully paid yea because rest of col can be low