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financial planning
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This page displays all the results for the Financial Planning tag, sorted by the most recent activity. There are a total of 6 questions that have been tagged with Financial Planning. Explore the questions to find discussions and information relevant to this topic.
T H A N K S in advance for any useful answers you might provide as a result of your experience or interactions with others. Bail out now if you tire of long posts.
Post reason: data gathering for decision support...
-------------------------------------thinking about :-------------------------------------------------------------------------
Selling u.s.house this year
.vs.
Rent out for a few years(3-5) while price increases AND HELOC gets paid off.
(I have a trusted young friend who can manage/mauntain for the next 3-5 years)
Taking the cash now verses possibly doubling it in 3-5 years will affect my nest egg size.
E$timate$: (on the low side, allowing for less than "stellar performance")
Much & Many Thanks to anyone who hangs in there and reads this long post, but it is something all?most? of us will/are/have consider/ing/ed.
0. Currently living in Thailand part time on two 3 month visits per year. I'll be on a non0 by Oct (yes agent, a whole other topic)
1. Monthly pensions>100kThaiBaht, so I'm ok on the monthly for 2people in Thailand🇹🇭.
2. No nest egg other than 1 u.s.house and ~$70k life ins.policy.
2.a. life ins.policy is intended for my girlfriend.
3. Health insurance will be some what difficult to get at a reasonable cost for 70 yr old and won"t cover pre-existing conditions and a few other old.dude things.
Reading up on healthcare in Thailand I find that self-insuring is a thing.
For the record: self-insure = big$ca$h in a bank [or equivalent credit / easily liquidated].
Besides the knee, I'm in good 70.yr.old health with demonstrated family longevity into the upper 80s to mid 90s.
From US - living now in Thailand- I put in 800,000 in Bangkok bank and will be getting non-O retirement visa end of next month - all squared away.
I also started putting 65,000 THB in every month - probably prematurely already done for 2 months, but was planning on doing that as well for a year - so that I can take back out the 800,000 THB the next cycle (and continue to put in 65,000).
That ties up a lot of money that could be drawing interest - and exposure to the vagaries of the Thai Bhat - and if I keep going ahead with this I wonder whats the best way to get it back out?
I assume they just want it consistently going in- don't care too much how it goes out. I can use the debit card all i can, of course expenses here that are in THB... But wondering about going direct through the bank/debit card for things that are in dollars.... will I eat a lot of exchange fee this way? Vs, transferring some of it back to a US bank through Wise the other way around. And I guess making cash withdrawels and exchanging for dollars at money places before I'd go back to the US perhaps - which would be infrequent.
hi group, im looking for Thai based licensed financial planner with comprehensive expertise in Australian Public Sector Superannuation Defined Benefit scheme/ATO non resident regulations, International equities and ASX knowledge. TIA.
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