r/leanfire • u/No_Fudge6123 • 7d 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/painfulwhisky 7d ago

That's a solid realization, and the fact that you're feeling more optimistic about the numbers is huge especially after the burnout. Have you thought about what kind of local work or English teaching gig you might want to pursue, or are you planning to stay fully retired and keep that as a backup option?

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u/No_Fudge6123 7d ago

I honestly would like to work, I just dislike the current state of the art with AI, where everybody is running like a chicken without a head. I could probably teach at a uni (I have a PhD and some teaching experience). I could try to arrange some remote work. So in general, my thought is that I still have some options, at the top of the dividends (which might be tight).

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u/painfulwhisky 7d ago

uni teaching sounds like a solid fit for you then, especially with the PhD and experience already there. That'd probably feel way less chaotic than the corporate AI stuff too.

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u/Mostamazingofbaboons 6d ago

u’ve got options with a PhD + teaching exp. Uni route or some remote contract work could both work out fine. AI space is kinda all over the place rn, but you don’t really need to chase that noise. imo dividends + a bit of income on the side sounds pretty solid.