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
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