About this Video

• Video Title: How This American Veteran Retired Early in Da Nang Vietnam (DONT Wait for Social Security!)
• Channel: Evan Eh! 🇨🇦
• Speakers: Eddie Colbe, Evan (implied)
• Duration: 00:21:17

Introduction

This video features an interview with Eddie Colbe, an American veteran who retired early in Da Nang, Vietnam. The video aims to showcase the affordability of living in Da Nang and encourage viewers to consider early retirement in Southeast Asia, particularly for those unattached and nearing retirement age in the US. Eddie details his monthly budget, covering expenses like food, healthcare, transportation, and entertainment.

Key Takeaways

• Affordability of Living in Da Nang: The cost of living in Da Nang, Vietnam, is significantly lower than in the United States or even Mexico, allowing for a comfortable lifestyle on a modest budget. Eddie's monthly expenses, including food, gym membership, healthcare, and transportation, total around $1200.
• Detailed Monthly Budget Breakdown: The video provides a detailed breakdown of Eddie's monthly expenses, including food ($300), gym membership/personal training ($100-$125), healthcare ($100), utilities ($25), and transportation ($80). Visa costs add approximately $75 monthly. Rent is approximately $360.
• Early Retirement Strategies: The video suggests that early retirement in Southeast Asia is a viable option, particularly for those who are unattached and find the cost of living in the US too high. Planning and budgeting are key to making this transition.
• Healthcare Considerations: While healthcare in Vietnam is affordable, it is recommended to research and find reliable providers. The lack of a comprehensive online rating system presents a challenge for foreigners.
• Transportation Options: Owning a motorbike is a common and affordable transportation method in Da Nang. However, it's essential to comply with local driving laws and regulations, obtaining the necessary permits.