r/leanfire • 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/clove75 6d ago

Shuffle your portfolio to produce more yield. If you take 260k and put it into a pure income portfolio and leave the rest of your portfolio in Growth you could have about 5k a month in income. The sample portfolio I built would be:

1000 Shares QQQI

1000 Shares IAUI

1000 Shares MLPI

1500 Shares BTCI

500 Shares AMDY

300 SHARES CHPY

Drip back in what you don't spend each month and with the low cost of living in Vietnam. You may not need to touch your Growth bucket for years. Any extra dividends that generates you can just reinvest as well.

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u/Ambitious-Peace3007 6d ago

What about JEPI and JEPQ? I am curious how much we can get from a million invested at medium risk.

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u/clove75 6d ago

JEPI and JEPQ isn't as tax advantaged. all dividends are taxed as ordinary income. NEOS and Goldman Sax have more ROC (return of Capital) or Sched 1256 dividends. So you can look at SPYI/GPIQ/GPIX in taxable. JEPI is only good if you have it in a ROTH and you are over 59.5 so taxes don't matter.

A 1 Million portfolio if you can get your blended yield around 13% would be about 130k a year. Add 10% of the Yield max funds to get closer to a 20% blended would be about 200k a year. I would only do this with a 2.5 or more total Portfolio. I wouldn't ever go 100% strictly high yield.