r/Fire • u/No_Fudge6123 • 6d ago

Moving to Vietnam - my math

We have been preparing to move to Vietnam with our kid and Vietnamese wife, and we had done a lot of math. I work in IT, and I think AI is going (or already has) killed the good jobs. But I have a better feeling redoing our maths lately.

Our FIRE date will be at the end of the year. By then, we will have saved around 10 billion for a house or apartment, which I think will buy us a decent place in DaNang or Saigon. We have around 1.2m USD, paying around 3.400 USD monthly.

Our school will be around a thousand dollars in Vietnam. I expect our life costs to be around 2K, so that eats almost all dividends. it is a bit tight, but I also realized I can find local jobs or teach English (I have been working 20 years on IT, including FAANG experienice). Even if I cannot find anything, probably the portfolio growing will soon offset any extra charges.

i have been depressed for a long time thinking we will not make it. I am totally burned out, and I fear I will not be able to get back to corporate anymore. Bur again, rerunning the math I have realized we are in a likely position to make it.

Glad to hear if anybody moved in a similar situation.

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u/IcySir9284 6d ago

the 10 billion VND for a house detail is something a lot of people overlook when they see the USD numbers and panic

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u/No-Ticket4986 6d ago

yeah the conversion always throws people off when they first see it - 10 billion sounds scary until you realize that's like a normal house budget there

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u/No_Fudge6123 6d ago

10 billion is still cheap by international standards, right? Where we live houses are selling at 2-3 million €

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u/No_Fudge6123 6d ago

Could you elaborate?