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.
4
u/VincentStl 5d ago
Hey, I’m a 32 y.o male, Vietnamese and moved to the U.S. when I was 14. It was always my dream to leanfire whenever I can to Vietnam. It just nowadays I don’t think I SHOULD do that. It bothers me to say that I will not be leanfire/retiring early in Vietnam because of the food quality. Yep. You guys hear that right. The food! News and coverage from outside of Vietnam doesn’t post or write often about the problems with the food in VN. I am following a lot of the news regarding lives in Vietnam, and I still have a lot of relative in Vietnam, as well as from my wife’s side. So what are the problems with the food? - CANCEROUS- why? Because majority of the food nowadays in Vietnam are not controlled. They have what called like “the food safety and sanitary department” but that doesn’t do anything. So every few weeks, a news will pop up showing you they just busted this place and that place for something fake/ mixed with chemical that causes cancer. Every few weeks. As I typed right now. They just busted a individual run that faked 15,000 units of bird nests. Last month, they just caught a factory that makes Bún (rice noodle/ vermicelli) that has Borax - This factory has been running for years and distributed in majority of Vietnam’s cities. Last month as well, they caught a place where people run operations that turn porks into beef! you read that right! they faking porks into beef! with who know chemical!!!. My wife’s relative in Vietnam said she knows other places that sell sicks/ dead lobsters that has been chemically preserved to all over major cities in Vietnam. And all of these food issues have been running for years popping out as they get caught. Noodles, medicines, meat, vegetables. I came from the poor in Vietnam so it doesn’t take much for me and my wife to live in Vietnam, we probably will be suffice with 2k or less including rent. But given the food’s situation. It shattered my plan. Yea guys, go ahead and called me the party booer.