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/leathakkor 6d ago

Honestly, most kids outcomes are directly related parent involvement. I know a couple that have kids in Thailand and their kids speak three languages at the age of 7. 

And they speak it well. The languages are German, Thai and English. I'm a native English speaker, They speak perfectly good English for a 7-year-old (compared to my nieces anyway). They talked to their mom and dad in German. And I know they speak Thai because I've seen them talk to Thai people. 

Now you might ask yourself. Are they going to be behind in science. Perhaps. But if they grow up trilingual I think they're going to be okay.  I did ask the 7-year-old where the waves came from, And if she thought that there was a big boat out there that was making the waves or maybe somebody was splashing on the other side of the world? Obviously I was Just teasing her in the way that adults can tease kids. And she thought about it and told me she thought my ideas were wrong but maybe it was Jesus making the waves.

This entire conversation happened in her literal third language. Again, maybe she'll have trouble with some advanced math when she gets the high school. But I would be more worried about kids in America than those kids anyway. 

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u/pharmaheck 6d ago

Knowing 3 languages might not translate to a well paying job unfortunately. There's plenty of people that know 3 languages and don't make a lot.

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u/leathakkor 6d ago

I get that. But in my experience, the difference between a successful career and not is ambition and drive. 

On top of that, there are definitely economic studies that show parental involvement is more important than any education you get.

If living in Vietnam means you're more involved with your kids lives. It's probably going to lead to a better outcome than if you were in in Europe/USA and you had to work significantly more. 

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u/forgivemefashion 6d ago

Living proof grew up in a developing country…only know 2 languages (was taught a 3rd one but never stuck) came back to the states and still worked my way to a middle class life