Jump in the discussion.

No email address required.

Because it is better to rich in a poor country than to be middle class in a rich one.

I've seen this in real life and it unironically works, not a bad advice at all. Better to reign in heck than serve in heaven.

Latam was always a land of opportunity for highly skilled foreigners with the right cowtools to prosper, Argentina, Brasil and Chile are filled with stories like that since colonial times.

!latinx

Jump in the discussion.

No email address required.

I've seen this in real life and it unironically works, not a bad advice at all.

Ehhhh I'm still not sure about that, especially at the "mid" levels of wealth that any normal person is ever going to achieve.

Let's talk about, say, net worth of $5mil. Definitely rich, certainly enough to retire on, although you won't be able to buy your own island or anything. You'll be way safer in the US or some other developed country than in a third world shithole. Sure you can buy private security or whatever but that doesn't make you invulnerable by any means and at some point you're going to leave your fortress to go out into the normal world (unless you enjoy living in a bunker). You can buy a decent house in a decent area in the US, maybe not a mansion in LA but certainly a big house in a nice suburb. Or you can buy in a city at that price, if city living is your thing.

You can pay for maid services if you want, and landscapers obviously. Maybe not exactly a private chef but you can frequent decent restaurants easily. Fly first class wherever you want to go.

Now sure you can probably buy a whole villa or some shit in Argentina and maybe even retain some servants but you'll have a harder time getting luxury goods delivered there (you'll pay through the nose for imports, probably as much if not more than if you lived in the US) and your food options will probably be more limited, simply because in a developed country you can buy basically any food you want from around the globe. Your utilities will probably not be as stable as in a developed country and general construction quality is definitely poorer. You'll also have a target on your back whenever you go out.

Jump in the discussion.

No email address required.

$5mil is more than they're talking about, that's definitely above middle class in terms of living, at a 3% withdrawal rate that's $150k a year, more than enough to retire in America. They're talking more like retiring in a third world country on 1mil or even less where the alternative is not retiring in America


:#marseyviewerstaretalking:

Jump in the discussion.

No email address required.

I have family who did this and it really doesn't seem nice. Like his quality of life is definitely lower there than in the US, plus he's basically completely isolated from friends and family over there.

I suppose it ultimately depends how much you hate working but if he worked for an extra 5-10 years here he'd be able to retire here and face none of the issues that expats deal with.

Jump in the discussion.

No email address required.

Depends what you do with your free time. If your hobbies all include spending time on the internet and you don't have much family it becomes far more attractive. Quality of life is only meaningfully lower if you enjoy a lot of luxuries, if you only require basic necessities it's probably comparable or better.


:#marseyviewerstaretalking:

Jump in the discussion.

No email address required.

You can easily retire on $1 million in America, if you're willing to accept living like the average American.

Jump in the discussion.

No email address required.

Guess it depends how long you have left to live. If you own your home it's even easier, idk if 30k a year is average but I guess that's 30k expenses which is probably average


:#marseyviewerstaretalking:

Jump in the discussion.

No email address required.

It depends where you own your home and when you bought. Anyone who has bought their home in the last decade where I live is probably paying 30-50k/year in just property taxes.

A run down house that you have to completely gut and replace everything runs at least $2M (plus the cost to gut it). And they'll reassess your tax basis after you fix it up.

Jump in the discussion.

No email address required.

That's because the interest on a 1 million dollar retirement account is easily enough to pay your expenses, without even taking into account what social security pays you.

You don't even actually need that much to retire, it just makes things extremely easy.

If you have your retirement account in Fidelity and you're nervously staring at the retirement calculator they prominently place on the front page, that thing is assuming that you will still want to blow the same amount of money per year that you would at the age of 30 - 40, where most people are spending 90% of their salary because they're young and having fun. When you retire, you will probably be building a ship in a bottle or fishing or some other passive activity that costs virtually nothing. Even if you're the rare physically active 70 year old, you probably play tennis, which also costs nothing.

Retirement is cheap as long as you can imagine yourself as an old person who is too crotchety to actually spend money anyway, which is the likely outcome for 99.9999% of everyone.

Jump in the discussion.

No email address required.

Is that really true? What about factoring in health and medical care?

Jump in the discussion.

No email address required.

Medicare is an actual thing even though Redditoids like to pretend it doesn't exist and that they need gorillions for medicines

Jump in the discussion.

No email address required.

Retirement is cheap as long as you can imagine yourself as an old person who is too crotchety to actually spend money anyway, which is the likely outcome for 99.9999% of everyone

might as well just give it up at that point, not sure what's so attractive about being alone and watching twitch in your pod like most olds will do in 2070

Jump in the discussion.

No email address required.

fricking gross :ramonajak:

Jump in the discussion.

No email address required.

One of my favorite things is watching dramatards larp as blue collar workers only to accidentally out themselves as trust fund babies by thinking it's normal to inherit tens of millions of dollars.


https://i.rdrama.net/images/1728611539221579.webp

Jump in the discussion.

No email address required.

Only tens? lol poor

Jump in the discussion.

No email address required.

Huh? Several million is pretty standard to achieve by retirement age.

Jump in the discussion.

No email address required.

Dawg less than 5% of Americans have a net worth of at least $5 million (and that's factoring in the house, look at investable assets and it's way lower), it's absolutely not the standard lmao.

Congrats on having a rich dad.


https://i.rdrama.net/images/1728611539221579.webp

Jump in the discussion.

No email address required.

I said standard, not average.

100k is standard entry level salary, that doesnt mean its the average.

Do you have standards? Or are you just going to complain your whole life.

Jump in the discussion.

No email address required.

What are you even talking about lol. I'm just amused by rich kids larping as salt of the earth laborers.


https://i.rdrama.net/images/1728611539221579.webp

Jump in the discussion.

No email address required.

bro Im not larping as shit.

Im just saying that $5 million is a pretty standard retirement. Idgaf about your poor butt.

Jump in the discussion.

No email address required.

More comments

me? I just a-love the simple life working with my hands on my (2.2 million acre) ranch. Just upgraded the runway this weekend

Jump in the discussion.

No email address required.

It's an unrealistic line of thinking. Idiot kids now think that's what they need to aim for. My mom just retired with 90,000 bucks in the bank. 5 million bucks is like 0.001 of Americans, why even use it as an example?

Jump in the discussion.

No email address required.

What's your mom favorite brand of cat food?

Jump in the discussion.

No email address required.

She's doing fine. If she weren't I would help her. She doesn't even need me. You're being lied to by investment bankers.

Jump in the discussion.

No email address required.

>You need at least 10 million which should be managed by me because you're too dumb to do it on your own

:#littlestchuddyjew:

>Continue to produce goywidgets and the pitiful portion of surplus calue that we choose to give you, you should save so that we can use it for you by investing in the "right companies"

Jump in the discussion.

No email address required.

Let's talk about, say, net worth of $5mil

Who's talking about that level of wealth? I'm talking about middle-class

You'll be way safer in the US or some other developed country than in a third world shithole

There are many South American cities which are safer than large American metro areas, especially in the Southern Cone.

and your food options will probably be more limited, simply because in a developed country you can buy basically any food you want from around the globe

You first cited Argentina which is the most terrible example for having "lack of food options" lol. Same for Brazil, cities like São Paulo and Buenos Aires have everything.

Your utilities will probably not be as stable as in a developed country and general construction quality is definitely poorer

The construction industry here is subjected to many rules and international standards, same for materials and especially if you can afford them.

!latinx !macacos

Jump in the discussion.

No email address required.

I'm talking about middle-class who can become richer and make money in LATAM

neighbor they'd make more money in a developed country (especially the US) and it's not even close lmao as if some middle class schlub with a $70k/yr marketing job is gonna make more in Argentina

the whole meta here is to make your money in the US or similar and then retire in latam where the money is worth more.

Jump in the discussion.

No email address required.

the whole meta here is to make your money in the US or similar and then retire in latam where the money is worth more.

It still applies if you have the money.

Jump in the discussion.

No email address required.

who can become richer and make money

bb pls read ur own comments

Jump in the discussion.

No email address required.

Bah, isso acontece quando eu fico me atrapalhando com a minhas ideias na cabeça.

Ok, you win on that and I'm editing that because nowadays it doesn't apply. But I wanted to say that historically Europeans with some technical knowledge above the general populace easily became rich in LATAM as they could start a business in something first. It still applies in some countries but I don't think you'll find them very confortable even with money, doesn't happen in Brazil and the Southern Cone anymore as the work markets became professionalized and competition is now fierce.

But my point about SP and CABA being great cosmopolitan cities with tons of options (and the construction industry is not low quality at all) still stands.

Jump in the discussion.

No email address required.

But I wanted to say that historically Europeans with some technical knowledge above the general populace easily became rich in LATAM

I see your point, but ngl I don't think someone who can only eke out a middle class lifestyle in the US of all places really has much technical knowledge.

I didn't mean to diss latam as a terrible place to live, I just think the idea of "I don't have enough money to live comfortably in the US but I can retire like a king in latam" is at best outdated. Not to mention that obviously none of the people who post in that sub about migrating have more than $10k to their name at best.

Jump in the discussion.

No email address required.

see your point, but ngl I don't think someone who can only eke out a middle class lifestyle in the US of all places really has much technical knowledge.

Up to a few decades ago, a foreigner with a university degree from the US, let's say an engineer, would have caused some impression and easily get a top paying job, but yeah it won't happen nowadays. I personally met some Euros who migrated and started their business here and are all quite well-off, but again a different time and they knew what they were going to do.

Not to mention that obviously none of the people who post in that sub about migrating have more than $10k to their name at best.

Oh absolutely, and if you're going to be working class then the US is 100% much better.

Jump in the discussion.

No email address required.

More comments

Well they could have a decent life in latam but they would need some cultural (language, etc) and technical skills which they don't have or they would be more successful in Oregon or Minnesota or where ever they live, so I guess this is true

Jump in the discussion.

No email address required.

Ok you were talking about poorer than us IG. Carry on soldier. :marseyarchangel:

Jump in the discussion.

No email address required.

>No--no, no, your house will simply fall apart, and the r*pes will start, and you'll have no food except chimichangas or whatever the frick those people eat! Much better to live in Oklahoma and eat processed cheese slices.

:fatbrain: :muttshooting: :muttscooter: :soysnoo6:

lol Argentina has some of the best fricking beef in the world and you can afford eating out every night in Michelin restaurants

Jump in the discussion.

No email address required.

Lmbo at $5M you can't both buy a house and retire, at least not in a real city. A shack will cost you half of that and then you're paying 50k/year just in property taxes.

Jump in the discussion.

No email address required.

:#marseysleep:

Jump in the discussion.

No email address required.

So you admit you're wrong and r-slurred?

Jump in the discussion.

No email address required.

:#marseysleep:

Jump in the discussion.

No email address required.

Buy a shed from Home Depot, portable AC unit, a chemical potty and solar shower. Buy a small piece of land with electricity outside of the city

:marseybigbrain:

Most people have houses when they retire though

Jump in the discussion.

No email address required.

I think more reasonable people would move to American expat communities in places like Portugal, Belize, Vietnam, or wherever. The advantages would be in numbers. There are Americans to meet and talk to, infrastructure would be kept up to decent standards, companies are used to shipping products there, and it would be an international incident if anyone tried to target that many people with serious crime or whatever.

Of course I'm not sure how long this will stay cheaper than living in America as more and more people get the idea.

Jump in the discussion.

No email address required.

Meh, wealth is overrated. :marseyjesus2: Everyone ogles me and immediately pegs me as wealthy but it just makes genuine human connection harder to come by. There's a blind beggar who frequents the Sunday Masses in town and he's my favorite indigent local because I know his cup extends to me with no judgment or greed, only genuine need.

Women are also very rude to my wife when she's with me out in public in an obvious display of jealousy while I avoid going out in Manila alone to avoid the offers and temptation. :marseybegonethot:

Maybe this would be different in LatAm/SA but I kinda doubt it. :marseyshrug:

Jump in the discussion.

No email address required.

Everyone ogles me and immediately pegs me

:#marseykink:

!slots321

Jump in the discussion.

No email address required.

:#marseytwerkinitfaster:

Jump in the discussion.

No email address required.

Meh, wealth is overrated.

Lmao. I don't think you'll ever hear a poor person saying that. Much less someone who came from poverty but is now middle-class or rich.

Jump in the discussion.

No email address required.

:marseyshrug: My wife grew up in a tin roof shack relying on extended family to afford college (only specific majors are offered by the state funded public schools) and would give up globetrotting to settle down fully integrated (within reason, obviously yeah, she wants to not have to worry about basic expenses). Her dad took out a payday loan to afford a laptop for her to write essays and she refuses to throw it out even though we've long since upgraded. :marseycry:

My family has almost all been in medicine for a few generations living in the NE corner of the US and similarly drive around in beat up Nissans/Kias to avoid public attention... and we are by no means "rich" on the level of the truly wealthy. Just look at the Musk children or whatever for a high-profile example of this principle acted out in practice. Family and friends > wealth once you get past poverty.

Jump in the discussion.

No email address required.

maybe I'm r-slurred but I don't get your point

yeah that's your wife's story, she was poor as dirt, but that's not your story

does she share the feeling of "wealth is overrated"?

you even said you come from a family of doctors in the US

:marseyconfused:

just what is going on here

:marseyquestion:

Jump in the discussion.

No email address required.

Yes I'm saying that she agrees with me that the (perception of, at least) wealth beyond basic comfort is more of a burden than a blessing speaking as an actual expat. Maybe narcissists or normies would feel differently? I grew up in religious schools surrounded by that crowd and they're all cut from the same cloth in terms of being upper-middle/lower-upper in the USA but maintaining a fairly austere lifestyle beyond the occasional vacation.

I'm not being coy or whatever, it's genuinely obnoxious to get a ton of attention and that was the thread between the two thoughts. My nuclear (@nuclearshill :marseysoypoint:) family is one of the poorer sections of the clan tbh.

Jump in the discussion.

No email address required.

How could it be a burden if no-one knows you have it?

Jump in the discussion.

No email address required.

Neighbor I'm a 6'5 white guy living in a poor Asian country (average height 5'0 for women 5'2 for men) and plane tickets are 1k+ USD a pop to even get over here. Beggers/vendors/scammers/pimps approach me all the time. I don't walk around flashing cash or something.

Also why'd you guys sidevote me but upmarsey each other :soycry: @nuclearshill @Horned_waifus_shill

Jump in the discussion.

No email address required.

Sometimes I accidentally skip and @Horned_waifus_shill is a sidevotecel

average height 5'0 for women 5'2 for men

Holy shit lmao

Jump in the discussion.

No email address required.

More comments

The frick would you marry a flip for as a rich tall white man. Neighbors stay lying

Jump in the discussion.

No email address required.

More comments

Oh I didn't realize you were an expat, that's very based.

Jump in the discussion.

No email address required.

More comments

while I avoid going out in Manila alone to avoid the offers and temptation.

not beating the yellow fever allegations

that said kino line about the blind beggar

Jump in the discussion.

No email address required.

Holy shit you're a Filipinx, that explains so much lmao.

Jump in the discussion.

No email address required.

He's not, he's a white American who married a Philipino woman. I thought he was a based philipino-spanish mestizo

Jump in the discussion.

No email address required.

Holy shit that's even better/worse.

Jump in the discussion.

No email address required.

He confuses me too.

He takes weird pride in the actions of imperial Spain and Catholicism even though he seems to be of Anglo WASP descent. It would be more understandable if still hilarious if he was Filipino and trying to find some link to Europe like a true thirdie nationalist

:imwhite:

Jump in the discussion.

No email address required.

He takes weird pride in the actions of imperial Spain

Yeah, that made me believe he was a Philipino/Spanish mestizo as he referred to Philip II and the Spanish Empire as "us"

Jump in the discussion.

No email address required.

Weird Catholic unity stuff maybe?

Jump in the discussion.

No email address required.

I've no joke thought about it for retirement, but I like shooting guns too much...

Jump in the discussion.

No email address required.

Crime is concentrated in certain cities/states and countries. Peru for instance is a very safe country with a very low homicide rate (much lower than the US) despite being poorer than the state of Rio de Janeiro. The city of São Paulo is quite safe, I mean you need precautions as in any big metropolis but it's comparable to any major American metro area. And the Southern Cone is all safe, you can walk on the streets of Buenos Aires and Santiago at night without being afraid of nothing.

You don't need to move to Fortaleza or San Pedro Sula in Honduras.

Jump in the discussion.

No email address required.

you can walk on the streets of Buenos Aires and Santiago at night without being afraid of nothing.

Yeah I mean I do this in Chicago. Doesn't apply to the whole city obv but in the better neighborhoods you really can just walk around at night without worrying about shit. The crime is unironically extremely regional.

Jump in the discussion.

No email address required.

Ok, I'll put it in another way.

Chicago had a murder rate of 22.85 per 100k inhabitants in 2023

Buenos Aires has a murder rate of 4.5 per 100k inhabitants

Santiago has a murder rate of 6.7 per 100k inhabitants

São Paulo had a murder rate of 4 per 100k inhabitants in 2023

!nooticers

Jump in the discussion.

No email address required.

I will propose during the next World Jewish Conference to import more africans into Argentina.

Jump in the discussion.

No email address required.

Do you know how many jews live in Buenos Aires? In 1919 the city was home to the only pogrom in the history of the Americas

Jump in the discussion.

No email address required.

Do you know how many jews live in Buenos Aires?

Not enough, clearly, or the nation would be rich.

Jump in the discussion.

No email address required.

For a Brazilian you sure talk about Argentina a lot :marseythonk:

Jump in the discussion.

No email address required.

Y que decís vos de eso? :#marseythonk:

Jump in the discussion.

No email address required.

In English :marseytroll:

Jump in the discussion.

No email address required.

Y para eso tenés el google traductor boludo

Jump in the discussion.

No email address required.

More comments

That's pretty low. Now what's their conviction rate?

:marseysmirk2:

Jump in the discussion.

No email address required.

In Argentina is 65%, similar to California at 61%

Jump in the discussion.

No email address required.

Why is Chile's crime rate slightly higher than Argentina or Uruguay's?

Jump in the discussion.

No email address required.

Chile as a whole has a lower crime rate than Uruguay and similar as Argentina, but ever since the "estallido" in 2019 there has been a crime spike in the capital, Santiago. I wouldn't discount the hundreds of thousands of immigrants (Venezuelans and Haitians) who entered Chile in the past few years as well.

Jump in the discussion.

No email address required.

Are there really Haitians? I knew there were Venezuelans committing crime but who in their right mind would let Haitians in.

Jump in the discussion.

No email address required.

Yes, they let around 180k haitians in lmao, all within a few years in the 2010s.

Many left though, remember that migrant caravan in the US border?

https://i.rdrama.net/images/17219070661355193.webp

Many of those guys were living in Chile and they found their Chilean IDs they had thrown near the Rio Grande.

Jump in the discussion.

No email address required.

:mjlol:

Jump in the discussion.

No email address required.

>Peru for instance is a very safe country with a very low homicide rate (much lower than the US) despite being poorer than the state of Rio de Janeiro.

:#marseynotes: !latinx seems that other than the Communoids occasionally blowing shit up in rural regions, then Incaland looks like a pretty wholesome place to live in! https://en.wikipedia.org/wiki/Peruvian_conflict

https://i.imgur.com/l0XpyTT.gif

Jump in the discussion.

No email address required.

Based Fujimori killed 95% of those commies. Those are just weak remnants

Jump in the discussion.

No email address required.

https://i.rdrama.net/images/17218670934976454.webp life in Peru looks quite comfy!, too bad that Peruvians are absolutely insufferable in online games tho. !latinx

Jump in the discussion.

No email address required.

Andeans (Peruvians and Bolivians) are insufferable irl, why do you think no one likes them?

Jump in the discussion.

No email address required.

Redditors won't even be rich in poor countries

All the people who cry about leaving on Reddit are unemployed, unskilled, mentally ill losers

Jump in the discussion.

No email address required.

I would just hate the feeling of being the only whiteoid and the attention it would bring

Jump in the discussion.

No email address required.

South America is not short of white people though, lmao.

You could be blonde and blue-eyed and no one would take you for a foreigner where I live unless you talk.

Jump in the discussion.

No email address required.

Grats, you learned why representation and diversity are important.

Jump in the discussion.

No email address required.

Link copied to clipboard
Action successful!
Error, please refresh the page and try again.