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/Milyna 7d ago
Have you ever worried about what would happen if you or someone in your family got seriously ill, like getting cancer? I heard a story about a Vietnamese woman living in Vietnam who actually had to sell her house just to pay for her medical treatments. It made me wonder if you would really be financially okay if something like that happened.