Philippine Retirement Home

Reasons Why You Should Save for Retirement

2009-07-08T18:19:00.000-07:00

Because you don’t want to work forever, and you will ultimately be responsible for paying for your retirement: If you want to stop working one day, you are going to have to think about how much income you will need to live. Social Security provides a basic “floor” of income that you will have to build on for a comfortable retirement. Pensions have provided about 1/3 of retirees with some added income each month. Look for a job that comes with a pension. Others have a savings plan at work. Use it.
Because you want to have enough money saved for a comfortable retirement: Many people assume that expenses will go down in retirement, but frequently that is not the case. Inflation means you will need more, not less. Higher property taxes could cause your housing costs to be more. You might spend less on clothing, except you’ll have more time to do it! Many other expenses may arise: increased medical costs and health insurance premium costs; financial help for children/grandchildren, or even elderly parents; more free time that could result in more money being spent on traveling and entertainment.
Because you don’t know how long you will be able to work: The 2007 Retirement Confidence Survey found that 37 percent of current retirees retired earlier than planned due to an unexpected event such as health problems or changes in their company such as downsizing. The earlier you start preparing for unexpected events, the better.
Because you don’t know how long you will live: People today are living longer. Retiring at age 65 today? A man would have a 50% chance of still being alive at 81, a woman 85. A 25% chance of living to nearly 90. A 10% chance of getting close to 100. How big a chance do you want to take of living longer than you savings lasts?

Because you don’t want to work forever, and you will ultimately be responsible for paying for your retirement: If you want to stop working one day, you are going to have to think about how much income you will need to live. Social Security provides a basic “floor” of income that you will have to build on for a comfortable retirement. Pensions have provided about 1/3 of retirees with some added income each month. Look for a job that comes with a pension. Others have a savings plan at work. Use it.
Because you want to have enough money saved for a comfortable retirement: Many people assume that expenses will go down in retirement, but frequently that is not the case. Inflation means you will need more, not less. Higher property taxes could cause your housing costs to be more. You might spend less on clothing, except you’ll have more time to do it! Many other expenses may arise: increased medical costs and health insurance premium costs; financial help for children/grandchildren, or even elderly parents; more free time that could result in more money being spent on traveling and entertainment.
Because you don’t know how long you will be able to work: The 2007 Retirement Confidence Survey found that 37 percent of current retirees retired earlier than planned due to an unexpected event such as health problems or changes in their company such as downsizing. The earlier you start preparing for unexpected events, the better.
Because you don’t know how long you will live: People today are living longer. Retiring at age 65 today? A man would have a 50% chance of still being alive at 81, a woman 85. A 25% chance of living to nearly 90. A 10% chance of getting close to 100. How big a chance do you want to take of living longer than you savings lasts?

Retirement Communities in the Philippines

2009-06-30T02:36:00.000-07:00

ALPHA GRANDVIEW CONDOMINIUM Manila 1716 M.H. del Pilar St., Malate, Manila +632 5238791 +632 6382388 +632 6365108 Visit Website	Contact Person: Mr. Alberto Yu; Ms. Millet Blasquino; Ms. Tess Santos Email: miles_blasquino@yahoo.com
ALTA MONTE SUBDIVISION Tagaytay City Magallanes Drive, Brgy. Kaybagal West, Tagaytay City 843-7771 to 74 Visit Website	Unveil the splendor of Mediterranean living at the heart of Tagatay. An ideal home for every family, exclusively design for a country side community. A great place to live wherein beautiful sceneries and superb facilities come together only for you. Contact Person: Mr. Rolando Angeles; Mr. Edward Lo Mobile: Mr. Roland 0917-7310820; Mr. Edward 0918-9631618 Fax: 844-3221 / 843-7743 Email: dontimdc@yahoo.com
CANYON WOODS RESIDENTIAL RESORT Tagaytay City Diokno Highway, Brgy. San Gregorio, Laurel, Batangas 4221 +632.521.2222 +632.521.7878 +632.664.6170 Visit Website	Nature and health are the twin themes of Canyon Woods. The rustic ambience is enhanced by the cultivated dense canopy of pine trees and foliage, and the pleasant uniformity of architectural designs showcasing log cabins and country type homes. The Residential Resort sits on land classified as Tourism-residential. It is situated about 500m above sea level, on gently rolling terrain. This elevation makes for an ideal Baguio-like climate, and panoramic views of mountains and ridges, Taal lake, Taal volcano, Balayan Bay, and Batangas Valley. Manila Office Address: 1226 Apacible St., Paco, Manila Contact Person: Mr. George S. Go / Mr. Tony Villa-Real Fax +632.892.9987; 664.6169; 522.3357 Email: tonyv@canyonwoods.com / tani_ria@yahoo.com
ELYSIUM COMMUNITY CONDOMINIUM Parañaque City Blk 21 The Elysium Phase III, West End Aguirre Ave., BF Homes, Parañaque City +632.828.8087 +632.828.8009 +632.820.7022 Visit Website	The Elysium is a well- conceived private community in Metro Manila right in the heart of progressive Parañaque City. A stylish and comfy residential district with an area of 4 hectares. The Elysium was designed to suit a happy and relaxed way of life. The houses are patterned to the styles of European structure, mixed with contemporary design. Equipped with a 24- hour security device and CCTV cameras, The Elysium is a safe haven for retirees and foreigners, and promises a high- value living and a Home Sweet Home. Contact Person: Mr. Kazuo Noro; Ms. Becky Concepcion Mobile: Ms. Becky 0917-4961452 Fax +632 828-8137 / 8250970/79 Email: phi5090-jpn@csdi-elysium.com
FORESTVIEW LEISURE RESIDENCES Olongapo City El Kabayo Road, Subic Bay Freeport Zone, Olongapo City (047) 252-6089 (047) 252-9823 +63908-4258460 Visit Website	Contact Person: Ms. Joycelin Torres Rodriguez Email: manager.forestview@gmail.com joycetorres_hotel@yahoo.com.ph
GREENVILLE ESTATE Greyback Drive, New East Kalayaan, Subic Bay Freeport Zone, Olongapo City (047) 2528752 +63918.913.0248	Contact Person: Grand Pillar International Development, Inc. - Ms. Josephine Chua Email: jho.chua@gmail.com jm3_chua@yahoo.com
McKINLEY GARDEN VILLAS Taguig City 115 Upper McKinley Hill, Upper McKinley Road, McKinley Hill, Taguig City 816-2911 856-7667 Visit Website	Contact Person: Ms. Angela C. Cortes / Ms. Lissa Pedrosa-Dela Cruz Fax: 856-7668 Mobile: Ms. Angela 0917-8335690; Ms. Lissa 0917-2095803 / 0922-6402985 Email: angiecortes@megaworldcorp.com; lissa.pedrosa@yahoo.com sales@megaworldcorp.com.ph
POCO A POCO CONDOTEL Subic Bay Freeport Zone Dewey Ave., Central Business District Area, Subic Bay Freeport Zone, Philippines 2222 +6347 2522569 / 5198 Visit Website	Contact Person: Mr. Shoji Watanabe / Ms. Sosana T. Rivera Fax +6347 2522913 Mobile: Mr. Shoji +63917 8032704; Ms. Sosana +63917 5120299 / +63920 2487288 Email: poco@animo-jws.com; poco-a-poco@animo-jws.com shoji@animo-jws.com; sosanarivera@yahoo.com
SERENDRA Taguig Bonifacio Global City, Taguig City +632.841.5577 +632.759.4711 to 14 +632.759.4230 to 33 Visit Website	Situated within the 12-hectare garden condominium development of Serendra in the emerging business district of Bonifacio Global City, One Serendra offers a unique living proposition: a gracious suburban lifestyle within the conveniences of the city. As the lowest-density condominium development in the metropolis, One Serendra will allow residents to enjoy freedom of space in large units within a unique architecture that blends the Filipino bahay-na-bato aesthetics with European low-and mid-rise housing design. A suburban feel is granted by how two-thirds of the entire Serendra development has been dedicated to greenery and open spaces. Set apart due to its complexity and richness, this unique greenery features plants and flowers that are not merely part of the scenery, but part of daily life as well.. And finally, exclusive amenities and a unique retail promenade ensure that urban conveniences are but a few steps away. Contact Person: Mr. Francis Roxas Mobile: 0917-8398059 Fax: +632.759.4711; +632.759.4248; +632.848.5336 Email: roxas.francis@ayalaland.com.ph
SUBIC HOLIDAY VILLAS Olongapo City Lower Kalayaan Heights, George Dewey Convention Center, Subic Bay Freeport Zone, Olongapo City +632.426.7215; +632. +632.426.3002 loc. 4 0928.251.9040 Visit Website	Contact Person: Mr. Iris L. De Guzman; Mr. Jose Pobocan; Arch. Henry Steve R. Olonan Fax: 4267214 / 9270608; (047) 252-5549 Mobile: Ms. Iris 0918-2126650 Email: info@subicholidayvillas.com; iris@subicholidayvillas.com hsro@subicholidayvillas.com
SUBIC HOMES Olongapo City 56-A. Lanzones St., Binictican, Subic Bay Freeport Zone, Olongapo City +047 252-1906 +632 8135831 Visit Website	Contact Person: Mr. Januario F. Ramos, Jr. / Mr. Boyie Bernardo / Ms. Nimfa Tiburcio Fax: +047 252-2608; 8135835 Mobile: Ms. Nimfa 0920-3032403 Website: http://www.subichomes.com
TROPICAL PARADISE RETIREMENT VILLAGE Subic Bay Freeport Zone 30 A&B Acacia St., Binictican, Subic Bay Freeport Zone 0919-4424726 Visit Website	Contact Person: Mr. Nobuyuki Takahashi / Ms. Theresa Ablao Telephone: 074 2521691; Fax +6347 2521692 (Subic) / 074 2525015 (Subic) +632 8428197; Fax +632 7722650 (Manila Office) Website: http://www.tpv-phil.com Email: tprv@info.com.ph masaji@subictel.com

Why Retire in the Philippines?

2009-06-28T02:33:00.000-07:00

Retirement? For many Americans, retirement time is just around the corner. The prospect of trying to live on a pension, in old age is a daunting one. For some, moving to retire in another country such as Mexico (for North Americans) , or Portugal and Spain ( for Northern Europeans) is an option which has been successful. But why not consider retiring in the Philippines?

Over the last decade, the Philippines has become a retirement haven for thousands of foreigners, particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the Philippines developed communications, infrastructure, and service delivery systems specifically geared to meet the needs of foreign retirees.

The principal appeal for retirement in the Philippines is the lower cost of living. At present, the Philippine Peso ( PhP) exchange rate is approximately PhP 53/40 to $1.00 . Housing, food, and labor costs are quite reasonable. A two bedroom condominium in one of the posh ” villages” in Makati City costs about $400 per month. and one can dine out on average at a three star restaurant for less than $ 10. including tax and tip. If you plan to hire domestic help, a private driver’s salary is approximately $ 200.- per month, while a trained housekeeper will earn approximately $100.- month. These salaries are lower if you live in the provinces.

A Japanese company will be building a medical facility in Tagaytay city exclusively for Japanese nationals within the year. There are now close to 10,000 Japanese retirees in the country, and the number is growing annually.

The British government recently acquired a large tract of land in Fort Bonifacio to build a large Embassy. The British ambassador explained that larger facility is meant to help serve the growing number of British nationals retiring there as well. There are also Japanese and Korean investment groups buying homes and condominiums in Manila, and tracts of provincial land for retirees. This has caused a mini- Real Estate boom in the country.

A retirement village exclusively for Japanese nationals already exists in Tagaytay, and more are planned. These are strong indicators of what is on the horizon English is the Philippines’ official business language. Most of the people you will meet, from hotel workers, taxi drivers, sales or service people, government employees— speak English, or have a working understanding of it. The middle class speak English, without exception.

“Smile at Life in the Philippines.” This is our invitation to our former Filipino citizens and foreign nationals to choose the Philippines as their second home. Famous for our vibrant culture, hospitality, friendly English-speaking population, natural attractions, and tropical climate, retirees can expect the good life in the Philippines at an affordable cost.

Visit the land of fun, flowers, food, fruit, and friendly people. You might not want to leave it anymore. Mabuhay!

for more information visit the www.pra.gov.ph website.

Philippine Retirement Home

Reasons Why You Should Save for Retirement

Retirement Communities in the Philippines

ALPHA GRANDVIEW CONDOMINIUM

ALTA MONTE SUBDIVISION

Tagaytay CityMagallanes Drive, Brgy. Kaybagal West, Tagaytay City843-7771 to 74Visit Website

CANYON WOODS RESIDENTIAL RESORT

Tagaytay CityDiokno Highway, Brgy. San Gregorio, Laurel, Batangas 4221+632.521.2222+632.521.7878+632.664.6170Visit Website

ELYSIUM COMMUNITY CONDOMINIUM

Parañaque CityBlk 21 The Elysium Phase III, West End Aguirre Ave., BF Homes, Parañaque City +632.828.8087 +632.828.8009 +632.820.7022 Visit Website

FORESTVIEW LEISURE RESIDENCES

Olongapo CityEl Kabayo Road, Subic Bay Freeport Zone, Olongapo City (047) 252-6089 (047) 252-9823 +63908-4258460 Visit Website

GREENVILLE ESTATE

Greyback Drive, New East Kalayaan, Subic Bay Freeport Zone, Olongapo City (047) 2528752 +63918.913.0248

McKINLEY GARDEN VILLAS

Taguig City115 Upper McKinley Hill, Upper McKinley Road, McKinley Hill, Taguig City 816-2911 856-7667 Visit Website

POCO A POCO CONDOTEL

Subic Bay Freeport ZoneDewey Ave., Central Business District Area, Subic Bay Freeport Zone, Philippines 2222 +6347 2522569 / 5198 Visit Website

SERENDRA

TaguigBonifacio Global City, Taguig City +632.841.5577 +632.759.4711 to 14 +632.759.4230 to 33 Visit Website

SUBIC HOLIDAY VILLAS

Olongapo CityLower Kalayaan Heights, George Dewey Convention Center, Subic Bay Freeport Zone, Olongapo City +632.426.7215; +632. +632.426.3002 loc. 4 0928.251.9040 Visit Website

SUBIC HOMES

Olongapo City56-A. Lanzones St., Binictican, Subic Bay Freeport Zone, Olongapo City +047 252-1906 +632 8135831 Visit Website

TROPICAL PARADISE RETIREMENT VILLAGE

Subic Bay Freeport Zone30 A&B Acacia St., Binictican, Subic Bay Freeport Zone 0919-4424726 Visit Website

Why Retire in the Philippines?

Tagaytay City
Magallanes Drive, Brgy. Kaybagal West, Tagaytay City
843-7771 to 74
Visit Website

Tagaytay City
Diokno Highway, Brgy. San Gregorio, Laurel, Batangas 4221
+632.521.2222
+632.521.7878
+632.664.6170
Visit Website

Parañaque City
Blk 21 The Elysium Phase III, West End Aguirre Ave., BF Homes, Parañaque City
+632.828.8087
+632.828.8009
+632.820.7022
Visit Website

Olongapo City
El Kabayo Road, Subic Bay Freeport Zone, Olongapo City
(047) 252-6089
(047) 252-9823
+63908-4258460
Visit Website

Greyback Drive, New East Kalayaan, Subic Bay Freeport Zone, Olongapo City
(047) 2528752
+63918.913.0248

Taguig City
115 Upper McKinley Hill, Upper McKinley Road, McKinley Hill, Taguig City
816-2911
856-7667
Visit Website

Subic Bay Freeport Zone
Dewey Ave., Central Business District Area, Subic Bay Freeport Zone, Philippines 2222
+6347 2522569 / 5198
Visit Website

Taguig
Bonifacio Global City, Taguig City
+632.841.5577
+632.759.4711 to 14
+632.759.4230 to 33
Visit Website

Olongapo City
Lower Kalayaan Heights, George Dewey Convention Center, Subic Bay Freeport Zone, Olongapo City
+632.426.7215; +632.
+632.426.3002 loc. 4
0928.251.9040
Visit Website

Olongapo City
56-A. Lanzones St., Binictican, Subic Bay Freeport Zone, Olongapo City
+047 252-1906
+632 8135831
Visit Website

Subic Bay Freeport Zone
30 A&B Acacia St., Binictican, Subic Bay Freeport Zone
0919-4424726
Visit Website