@Rich ******
With respect man that is NOT ENOUGH to retire at 47 in Thailand and not trying to sound offensive or condescending to you at all. You will be cutting into your 50K buffer right away. Think, you want a bike or car, BOOM it drops. meet a girl, it happens, drop more, get sick drop more and GOD forbid have any decent lifestyle 1K a month is NOTHING I would want to live on there. You need a LOT more savings with that income, not even double as I see it, MUCH more to live your life out unless you are terminal. That's the reality as that is all you get with 1K a month, lay on a beach and eat, occasionally buy a beer. Meet a girl and treat her like a girl, what are you going to say "I really love you baby girl, so much, I will save up and next month supersize McDonalds for you" I say that tongue in cheek, but I am very good with money and it doesn't take an MBA to extrapolate that you will be crawling back home, perhaps with a smile within a 2-4 years as you will be out of money.