Andrew Henderson

Andrew Henderson

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Episode 10 – Brendan Tully, Offshore IRA’s, International healthcare and offshore investing as a senior

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:

BarefootRadio

TheSearchEngineShop

DidgerydooDojo

PredoMediaGroup

DynamiteCircle

Eway

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