Looking to retire in Chiang Mai

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member19 December 2018 22:14:33

My wife and I are planning to retire in Chiang Mai in March ~ April. We are in our 60's. Would you please review the following budget and advise us if the costs we have listed are reasonable?

RETIREMENT - ESTIMATED MONTHLY BUDGET (Living in Moo Baan)
CHIANG MAI
19-Dec-18
Bhat

Rent 20000
Cell Phones (two) 1400
Vehicle Insurance 1400
Vehicle Maintenance 1000
Home Maintenance 2500
Medical / Medicines 6500
Petrol 2400
Vehicle Taxes 650
Food 17500
Electricity, heating, cooling, water, garbage, etc) 4600
Internet / Cable TV 850
Pet Needs / Veterinary / Food 2500
Entertainment 3500
Miscellaneous 5000

See also

Healthcare for the elderly in Thailand - Guide
retired - Chiang Mai - 1 Reply
Retiree for Chiang Mai? - 57 Replies
Buying a guesthouse in Chiang Mai and retire there - 8 Replies
Are 25.000 enough for a work in chiang mai? - 6 Replies
Retiring in Chiang Mai - 6 Replies
Would love to semi-retire in Chiang Mai - 62 Replies

thepcman Active member

Member since 16 July 2015

thepcmanActive member19 December 2018 23:38:49

Over excessive!

$2000 USD every month!

JOHNMELL Contributor

Member since 23 May 2015

JOHNMELLContributor20 December 2018 01:51:29

103

Health insurance?

Steve Sarich Member

Member since 17 December 2018

Steve SarichMember20 December 2018 10:21:04

Well, you will certainly be living well with that kind of a budget in Chiang Mai!

If you don't have a realtor yet, shoot me a message and I introduce you to a guy here that's taken GREAT care of me.

You'll love it here!

Steve Sarich

Ffdish17 Active member

Member since 18 April 2018

Ffdish17Active member20 December 2018 16:19:28

with this amount, a couple can live almost everywhere

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member22 December 2018 14:17:49

Johnmell you asked about health insurance. I am 68 yrs old and I've heard health insurance for the elderly is prohibitive. I would like to purchase health insurance for my wife and me. We will be able to put a little cash back for medical emergencies, but not all that much.

Can anyone give me advise on health insurance for persons my age???

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member22 December 2018 14:19:19

We have a realtor lined up to show us some rental homes on Friday 1st February. ChiangMaiBuddy set this up. Do you have other suggestions?

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member22 December 2018 14:21:11

Any suggestions on which items to reduce? I'd like for the budget to be relatively accurate so I can include health insurance premiums.

We are considering purchasing a vehicle for near & far transportation, so I need to include funds to cover petrol, insurance, etc.

Steve Sarich Member

Member since 17 December 2018

Steve SarichMember23 December 2018 00:54:08

Yes....absolutely. Talk to Leo at Chiang Mai House. Highly recommended! They went over and above expectations!

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member24 December 2018 21:41:45

#10

Will do - thanks Steve!

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member24 December 2018 22:06:25

#11

Steve:

Is there a restaurant / coffee shop / pub frequented by American Expats where I might be able to find someone for a general Q&A about how to go about retiring in Thailand, such as visas, banking, purchasing a vehicle, health insurance, vehicle insurance, etc? We (wife & I) have just basic questions.

Best Regards,

Richard Morrow

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member24 December 2018 22:09:26

#12

Steve - I've sent an email to Leo at Chiang Mai House. Thanks for the lead.

Richard

JOHNMELL Contributor

Member since 23 May 2015

JOHNMELLContributor25 December 2018 06:32:36

#13

103

There is a Chiang Mai expats club who have regular meetings. Just Google
'Chiang Mai Expats Club'.

GuestPoster7512 Guest

GuestPoster7512Guest09 March 2019 08:08:13

#14

Hi there,
Are you guys here in Ching Mai ? I have a house to rent, 2-storey house, 3 beds, 2 bathrooms, fully furnished. it’s $550/month. If you are interested, please let me know. Thank you !

RDMTULSA Active member

Member since 02 October 2013

RDMTULSAActive member09 March 2019 21:29:40

#15

We will be relocating to Chiang Mai in mid to late June. What is the address for the home so we can locate it on Google Earth?

pikfreedom New member

Member since 29 January 2019

pikfreedomNew member10 March 2019 00:16:44

#16

You will Love, Smoge, Traffic and excessive sweating.

If you do not want to be stuck in CM, Do not rent anything long term

tipmick Active member

Member since 16 July 2018

tipmickActive member10 March 2019 12:23:23

#17

CM is much pollution and the traffic is very jam. My UK husband and I live in Surin city which cost of living lower than CM, quiet city. We have many houses here for rent, have many foreigners living here too. If you would like to take a look , we 're very welcome.