@Sean ******
Most retirees want a bank account, so that's the biggest stumbling block. Although I'm a regular traveller and enjoyed the fact that I didn't have to visit immigration every year, I do regret the switch, although I'm more than happy now going onto LTR, which is probably the best visa for Thailand as there's very good concessions, such as priority entry, no 90-day reporting, and zero tax liabilities, and is multi-entry, so the flexibility is still there.