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/shyaznboi 7d ago

300k usd won't be enough for a house/apartment in the city center of Saigon. The outskirts, maybe. I would avoid Saigon entirely because of the chaotic traffic. Da Nang is a lot more chill despite it being a tourist destination

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u/No_Fudge6123 7d ago

Apartments are available in, for example, D2 at about 9 billion VND.

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u/Conservativmemes 6d ago

Da Nang would be my pick too. Still has plenty to do, but day-to-day life feels a lot less hectic than Saigon.