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Total entries in this category: 51
Published On: Mar 07, 2006 03:02 PM
Total entries in this category: 51
Published On: Mar 07, 2006 03:02 PM
Looking Forward
I'm not as close to retirement as I'd like to be,
but I still spend a lot of time thinking about whether or not it makes sense to
retire in China.
The biggest advantage is financial. The very best,
brand-new, apartments in town cost about $25,000. The cost of living is
equivalently cheaper. Health care is not great, but it's getting better, and
like everywhere else, your care is improved with
$$$.
The downside is political. Currently, the Chinese government is allowing more personal and financial freedom, but I can't be sure that trend will continue. On the other hand, the trend in the US is in the opposite direction, so maybe the paths will cross.
Today, I realized that trying to predict the future is a waste of time. My decision about where to live can't depend on having that certainty. I'm now thinking that my decision will have to be based on which country's future I hope to share. Increasingly, that country is China.
The downside is political. Currently, the Chinese government is allowing more personal and financial freedom, but I can't be sure that trend will continue. On the other hand, the trend in the US is in the opposite direction, so maybe the paths will cross.
Today, I realized that trying to predict the future is a waste of time. My decision about where to live can't depend on having that certainty. I'm now thinking that my decision will have to be based on which country's future I hope to share. Increasingly, that country is China.
Posted: Tue - December 30, 2003 at 03:01 AM