By Will Irwin

 

Are you now ready for retirement and find that you have lived a dull life, void of adventure and excitement, and one where you went paycheck to paycheck? Or, have you lived a fun filled life, but now find yourself a victim of the economic deterioration of your life savings and limited pension, and that retirement life in the U.S. or U.K. is not going to be that exciting? Then I encourage you to take a look at the opportunity to retire in the Philippines.

 

Following are 12 of the most popular reasons for an Expat to retire in the Philippines that I have encountered as a consultant on retirement.

 

1. An Expat can retire with more money in his pocket at the end of the month.

 

The cost of living in the Philippines is about one-fifth to one-fourth of the cost of living in the U.S. or the U.K

Consequently, a retirement pension buys more lifestyle for less money and permits the retiree to even have savings at the end of the month.

 

2. You can escape those cold U.S. winters.

 

The weather in the Philippines is similar to Hawaii. Although warm year around, it is a bit cooler
during the months of October through March, and then hotter during the period April to September.

 

3. You can escape the rat-race America and the UK have become.

 

We all know the pace of life in the 21st century is fast, fast, fast in the U.S and the U.K. However, in the Philippines, things move at a much slower pace, which reduces one's stress level.

 

4. You can retire with one or two maids, and a driver.

 

The cost of a maid is approximately $40 monthly and the cost of a driver is about $60 monthly. Not only does the maid take care of the residence, but she will also navigate the weekly market shopping needs for the best and lowest purchase price for you. Having this kind of value added to one's life for this small monthly amount of money is unheard of in the western world.

 

5. After 40 years of toil with no return, working on a job and always "running out of money before running out of month", retirement in the Philippines reverses this.

 

Due to the low cost of living in the Philippines, one who retires there will find that due to the lower cost of living, one will always "run out of month before they run out of money". This is a very delightful experience.

 

6. You will be able to go to bed every night and wake up every morning free of frustration and anxiety over a lack of money.

 

When one is continuously anxious about the lack of money, it leads to chronic stress which spills over into health and self esteem problems. By retiring in the Philippines, due to the lower cost of living you can eliminate this stress from your life.

 

7. You can have your first and only wife be a beautiful and exotic Filipina. Or if divorced, you can have a beautiful Filipina who completes you rather than competes with you.

 

Women outnumber men in the Philippines, and due to low per capita income in the Philippines, Filipina ladies are attracted to foreigners with a steady pension income. Further, they are attracted to older foreign men than to younger foreign men. They consider them less likely to philander.

 

8. You will have great personal relationships that are full of love and friendship and true caring for each other.

 

Filipinos find themselves by being surrounded with others and having lots of friends. They are not independent people like those from the U.S, rather they are "joiners" and family people. You will develop many warm and lasting friendships while retired in the Philippines.

 

9. You can live in a male oriented society, as compared to a female, feminist oriented society where males are confused about what it is to be a man.

 

The Philippines culture is one where the man is looked at to be the leader of the family unit. The wife is taught from time of childhood the importance of being in submission to her husband. The Philippines is a male oriented society.

 

10. You can have nurses and caregivers readily available to care for you, if desired.

 

One of the major vocations taught in the Philippines is nursing. Nursing schools and graduates are everywhere, with many seeking employment overseas. This generates a pool of highly qualified nurses readily available and seeking employment as personal nurses and caregivers, if desired, at extremely low costs compared to the western world.

 

11. You can live in a country where travel to exciting and adventurous locales in Asia is inexpensive.

The Philippines is very centrally located in Asia, with just a few hours flying time to Tokyo and Korea, a little over an hour to Hong Kong, a couple of hours to Bangkok, and a little over an hour to Singapore.
 

Airfares are highly competitive and there are lots of daily flights in and out of the Philippines. This makes for a fun retirement life full of travel and excitement, at a very reasonable cost, and with little pain of long travel times.

 

12. You can live in a country where elders are respected and treated with dignity.

 

Like other Asian countries, people are taught from their childhood of the need for respect to the elderly.

While living in the Philippines as a senior retiree, you will be treated with respect and dignity unlike you can find in the U.S. or U.K. As an elder, you are considered to be wise and someone to listen to and learn from.

Your years of life experience are viewed by the Filipino as one of you most valuable assets.

 

I recommend you read my latest book "Retirement Living in the Philippines", which expands on these reasons, and provides further discussion on additional reasons to retire in the Philippines. It is available for download at my personal book website: http://RetirementLivingInThePhilippines.com

 

About the author

 

Will Irwin is a powerful entrepreneur and business and life coach. He has started many online and offline businesses both in the USA and in the Philippines, residing in both Hawaii and the Philippines He has started a new life in the Philippines at age 66.

 

Article Source: 12 Reasons to Retire in the Philippines