You need it retirement visit it's that simple and so does your wife I believe because she is also out of country passport. You have to show 800,000 baht in the bank every year you have to keep it in the account and be able to pay all your other bills of course. It's not cheap for three people to live in Thailand especially Bangkok if you go to the countryside or smaller cities it could be a bit cheaper. That's for you to figure out how you want to live.