Living on Social Security in the Philippines: What Works and What Doesn’t

Описание: Mike From Mike's Philippine Retirement...Living Abroad after 60 on SocialSecurity
Living on Social Security in the Philippines — What Works and What Doesn’t
More and more retirees are moving overseas with only one source of income: Social Security. And the truth is, living in the Philippines on Social Security can work… but only if you set things up the right way.

In this video, I break down the real-world checklist of what you need to do before you leave the United States, and what you must do once you’re living here to protect yourself financially and live within a safe retirement budget.

We’ll cover:

✅ How to receive your Social Security safely overseas
✅ The best banking setup for expats (U.S. banks + Philippines banks)
✅ Smart ways to transfer money each month
✅ Budget realities for retirees living abroad
✅ What mistakes cause retirees to struggle
✅ Medicare Part A and Part B — should you keep paying for it overseas?
✅ Healthcare planning and emergency savings

This is not a hype video. This is the honest truth about what works — and what doesn’t — when Social Security is your only income in retirement.

If you’re thinking about retiring in the Philippines, or already living here on a fixed income, I hope this helps you stay safe, stable, and prepared.

👇 Comment below: Could you live in the Philippines on Social Security alone?
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Living on Social Security in the Philippines — What Works and What Doesn’t

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00:00 Intro
00:46 Social Security Is Not a Retirement Plan
02:00 What Works
03:30 Before You Move
09:30 Once You're Living Here
16:39 Traps
17:37 Protecting Yourself Financially
20:41 Healthcare + Medicare
22:20 Wrap-Up