Is a monthly pension of $3,500 sufficient for a family of five living in Thailand?

ExcellentTurtle3764 I was going to say that. There’s more to life than straight economics

Carey Bradley I've lived in Thailand for many years & in that time I've submitted dozens of medical claims to the Tricare Overseas Program & I've been reimbursed for those claims. I will attach the link to the web portal for the Tricare Overseas program.

ExcellentTurtle3764 I get it. Pension. In my country, we do have retirement funds after we reached a certain age. For me, Singaporeans is 55. And my retirement funds is 300k. So I dare to take the chance to retire in Thailand. We can’t have a sabai retirement life with that kind of money in my country without working. It can’t even last us 5 years in Singapore without additional income. Yet I have passive income of 10k every month. But at times I still feel insecure financially living in Bangkok, because of age and medical expenses that maybe needed when getting old. So OP mentioned 41k pension. What can 41k pension do?

onestandonline yes I definitely agreed with you that we can live on 30k-40k baht a month in Thailand. No question. But OP post said bring in only 41k pension and that’s it. So? How long can 41k last. OP didn’t even mention if he is still working or intend to work in Thailand. And I never agreed that a foreigner should come Thailand to sabai and still need to find employment. Ok since now OP has edited his post. He mentioned that he has USD3500 coming in every month. But for me, Just USD3500 coming in is definitely not enough to live in Thailand. Because what about emergency? Does he she thinks about emergencies? Let’s say touch wood you had an accident and needed to fund a hospital bill of 0 baht etc. I would still not take the plunge. And remember you are out of your country which is far away, money if not enough for other emergency fund will definitely be a problem. As said, I come retired in Thailand with a pension of 300k in total and yet with a monthly passive income of 10k. I still always felt insecure about money. Because we are not in our own country, we need definitely set aside money for emergency and also for all the extra sabai we want. The travelling expenses to different countries added in for a quality life. I travel to at least 6 designations a year with my Thai wifey as we enjoy travelling out of Thailand too to escape the heat. And we are just a couple. OP has 3 kids under 10 still. International schooling in Thailand is not cheap. Still, I don’t know how he or she is going to manage. Wish him or her good luck. 🤞🏼

onestandonline If 30k baht was enough for you years ago whilst living such a lifestyle, imagine a family of 5 people living on less than that, each? I think that once you have kids, you have to prioritise their needs over yours. You don't just relocate without any plans just because "life is short."

Aaron Kang sorry big typo, 20k by year.

I mean you wrote that family can't survive 40k by year. Yes they can. Do you know how expensive Nordic countries are in Europe and people live half of that money.

When I lived in Thailand I paid rent 10k thb and 15-20k thb I put for living including insurance, phone etc by month. I don't drink alcohol, I don't smoke weed and I don't eat western foods. I had nice house, motorbike, I eat out every day, but I live simple life. Because that's enough for me.

You are right insurances are very important (and good ones).

Marty Pollard but it does require you to be aged 50 or more.