Not at all. What's embarrassing? No idea what you're talking about. Everything confirmed with Sydney Consulate and they're the people who will issue it. I think like others you're misreading what I'm saying. I'm only talking about RETIREMENT purposes, nothing else.
Not designed for retirees but can certainly be used by retirees who want to avoid the financial criteria, and pick up other bonuses with it. Also avoids going to immigration every year, which is a huge plus
I've got it worked out from the retirement angle. Most retirees don't want a work permit. And with no financial criteria to meet in Thailand there won't be any tax liability in Thailand