@Mark *******
you still ‘for the life of you’ can’t figure it out lol. Because basic finance is not your thing. Let me copy/paste from your previous lesson and you can tell us what you are failing to grasp.
Mark Hudson it would be quite the opposite. I make 7.2% on govt backed term deposits in Mexico. There is 10% withholding tax on foreigners. So net gain is 6.48% which is lowest in last 8 years.
On 800k baht equivalent, the 6.48% net is 51,840 baht annually. Agent annual renewals cost about 16,000 baht annually leaving with 35,000 baht annually to put on your bar tab. Or 350,000 baht every decade of retirement.
And… you waste zero seconds of your life bogged in government and banking lineups and bureaucracy. But any smart retiree can figure that out in about 10 seconds