You are faced with the huge task of saving for your future. Retirement plan options and mutual fund names are thrown around like mayflies and you are supposed to catch the best one out of the air. The restrictions put on these accounts are not for your benefit and you don’t have access to your cash. Andrew’s team can sift through the muck for you and help you to go where you are treated best. In the interview, Brendan finds friendlier people in Chiang Mai but he may still end up back in Australia. Finally in your questions, Marlo’s primary concerns related to moving overseas are social security and healthcare. Currently in his 60’s, will he be able to get over the stigma that tv has taught him about offshore living and investing?
Key Takeaways:
Andrews Editorial:
2:30 A plethora of retirement plans
3:48 Is your money growing the way that it should be?
4:49 Andrew is a true nomad
6:11 Don’t let the match lure you in
7:20 The offshore IRA
7:48 Have access to your cash
8:29 The government can change the rules when it suits them
9:54 Territory restrictions can be costing you a fortune
12:00 Quit funding your IRA
13:00 Countries are broke it’s open season on your investment account
14:45 The double penny example
Interview:
17:39 The Didgeridoo Dojo
20:10 There isn’t physical access to lessons
21:25 Brendan’s backstory
23:10 We went from services business to a product business
24:02 Forum based marketing and SEO
26:20 No A-ha moment led to Thailand
28:20 Why Chiang Mai? Dynamite Circle
30:00 The comfort of home
31:40 The key is being outside of your home country
32:20 The merchant bank situation
33:16 The bank deposit tax
34:30 Citi has the worst customer service
35:01 Growing the business in Thailand has been easier than I thought
36:45 Less tech savvy people make better clients
38:51 Drop ship competition friction in Thailand
42:40 Signing bigger deals must be done in person
45:23 People are so friendly and open in Chiang Mai
The Lightning Round:
47:40 One business – Catering to the Nomad Scene
48:22 One country – Australia
48:35 One book – Living the 80/20 Way
49:19 One tool – Zendesk & Zapier
Listener Question:
55:22 Marlo asks “We are concerned about Medicare and Social Security but we want to live overseas. What do you recommend?”
55:50 Health care is not just a senior concern
57:06 International Medical Tourism can provide quality care
58:44 Take the whole family to where they are treated best
59:51 M2H – Malaysia’s My second home program
Mentions:
DidgerydooDojo
PredoMediaGroup
DynamiteCircle
