Retiring Early to Enjoy Island Life in the Philippines

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Retiring Early in the Philippines...
Offers several advantages that can be capitalized on, such as its warm climate, caring and friendly people, low cost of living, natural tourist attractions, fantastic beaches and outstanding scuba diving and snorkeling. Since I didn't have any guidance when I decided to move to the Philippines, I decided to try semi-retirement.

The Philippines is the only English speaking country in Asia. The Filipino culture is known for its hospitality, beautiful beaches warm, and friendly people.

You can experience a high quality standard of living at a very low cost. And that means with loyal live-in maids & helpers, cheap taxis, fine rental homes in quality neighborhoods with reasonable rents.

There are several Philippines cities (such as La Union, Cebu, Davao, Makati, Angeles City, Dumagete) that have a wide range of entertainment from exciting nightlife to golf, international restaurants to stunning resorts beyond compare. There is always a colorful Fiesta, pageant, street festival, and open public events going on.

Lush with bountiful natural resources, retiring in the Philippines gives you the chance to enjoy the numerous beaches, resorts, golf courses, and play just about any sport, except snow skiing. Scuba diving, snorkeling and fishing are among the sports which draw the most number of expats to the rich aquatic offerings.

The larger cities have many intangibles to bring you joy for no money at all when retiring in the Philippines. Ask any of the expats (expatriates) living in Cebu.

On a $1,000 a month in some places you will feel like a millionaire and be treated as one, a strange experience for some. Depending on your comfort level, it's possible to live in a small city or town and have a good life on as little as $500 per month.

And, if you insist on eating at a traditional Western restaurant, there are KFC, McDonalds, Pizza Hut, Buffalo Wild Wings, TGIFridays and other fast food chains. You will find excellent world class, upscale but inexpensive, international restaurants as well.

If you choose to enjoy Island Life with an early retirement, then you will likely have more expat close friends here than in your hometown since they tend to meet regularly and form a rather close bond.

Angeles City, Cebu, Davao and Manila have almost all of the amenities found in a large American City and far more than small town America. Anything you can find and buy in the U.S. you can buy here. ATM machines, cable TV and an internet connection makes you feel right at home. And in Angeles City, Cebu & Davao, violent crimes against expats are rare.

A lot of expatriates have been dumbstruck by the hypnotic lure of the Philippines. That's nothing new, though.

The islands have attracted retirees since the first American GIs set foot here during the Spanish American War in 1898. It continued to entice them to stay -- even after U.S. forces started pulling out in 1991.

Today there are thousands of Americans, Europeans, Canadians, Australians and others retiring in the Philippines. Catch them on any given day and most will say they'll never leave.

What draws them? One of the reasons is the low cost of living.
For example, as of 2016, a good meal costs about $3.90. Haircuts are $1.50 and movie tickets $3-4. An ice-cold beer to chase away the tropical heat is $1. While a root canal is about $50. Car insurance can be as little as $70 a year. And a ride across town in one of the colorful "jeepney" buses that abound is less than a dime. Rent for a three-bedroom home might be less than $350 a month. Add to that the cost of utilities and fees for a gardener and maid and it might be less than $440 a month. Not a bad deal for retiring in the Philippines on a fixed income.

Most of the early retirees love the lifestyle. And they can live on their pension and not have to work. A pension or social security check is pretty good money over here. You might not be rich, but you can live well. (But if you need an extra income, then I have a section  called ISLAND LIFE INCOME where you can operate a good earning international business from your home office).

For most retirees its the kind of life they have always dreamed about.

• No cold weather to stiffen up old bones.
• Feeling safe and respected by the locals.
• Warm, sunny beaches and, 
• A slower lifestyle for you to enjoy Island Life.

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