Which place is cheaper for a person to retire: Thailand or the Philipinnes?

I am thinking about retiring in about 10 years and I want to start planning. If I stay at my current job, I can retire with about $2950 per month (a little under 100 per day). I would like to retire overseas. I am concidering Thailand and the Philippines. Which one would be cheaper? Which one has the better quality of life for retirees?

Public Comments

1. Depends on what you like. PI is more westernized. Thailand is getting better. If you are out in the provinces its alot cheaper. Do you have a wife? You question is kinda broad. I would say PI. But I love BKK
2. First thing to do is check on longterm visa requirements
3. For now this amount would be OK at least in Thailand but nobody can predict how the situation will be either here or the Philippines in 10 years. Guess life will be more expensive also due to enviroment problems.
4. You are welcome to stay in Thailand. Everything in Thailand would be cheaper than Philippines'. There are a lot of activities to do in Thailand, i.e. nice people, wonderful places, etc. Come and enjoy your great times in Thailand. Good luck!
5. I think either one would be fine right now. I think the Philippines is a little more friendly on visas for froeigners and the peco is better now then the baht, but a lot can change in the next 10 years. Recommend you visit both places a few times in the next 10 years and see what fits you best.
6. I have lived in both places at different times as a civilian and in the military. Both countries have something good for retirees but if I had to choose again one over the other Thailand is still my choice. I have (retired) friends that lived in the Philippines and they moved to Thailand. They felt safer and believe that their life would be a little better in Thailand. Before you make any decisions spend some time in both places. Talk to expats in both places and see what they think. You will find retirees in the Angeles City area, Subic Bay area and Manila. (Other areas too of course.) Some of the places in Thailand where you will find foreign retirees will be Bangkok, Pattaya and Phuket. Visit first and then decide! Thailand is my choice, I think it is safer, cleaner and the hotels are cheaper too! Just an opinion. In the Philippines almost everyone speaks English, they drive on the same side of the road as Canadians and Germans. In Thailand they drive on the same side of the road as Australia and UK. Visit first several times. You can fly to Manila or Bangkok and take a side trip to the other city and look around. Do the research now before you put your money down! http://www.alloexpat.com/philippines_expat_forum/ http://blog.totalphilippines.com/ http://www.expatfocus.com/expatriate-thailand http://www.expatforum.com/articles/country-guides/thailand-country-guide.html Good luck.
7. I am myself a retired guy and if given a chance of life, I would like to settle in Thailand and not in Phillipinnes. Its a lot cheaper and life is more comfortable in Thailand.