BMTH live in Jakarta 2024

Image
This time around Ravel gets it right and BMTH (Bring Me The Horizon) are headlining the Nexfest festival in Jakarta which also features Babymetal. In this format there is no seating - which makes for a much more intimate experience - although you do have to arrive really early if you want to pick a spot right up close to the stage.  We arrived about six hours before BMTH were scheduled to start their performance and bought plenty of drinks to stay hydrated in the tropical afternoon heat (mind you, some of those were Iceland vodka mix!) This was a gig I had long been looking forward to - especially after the debacle last year. Not everyone likes BMTH of course. For deathcore fans the band sold out. For metal heads the band is not purist enough. And for the wider mainstream audience, the band is too heavy. You can't please everyone of course but there are few bands in the rock world which can match the sheer emotional velocity of BMTH. To bring metal and even aspects of metalcore t
Post a Comment

How much money do you need to retire in Bali?

How much money do you need for retirement in Bali?Well how long is a piece of string? It all depends of course on your lifestyle and how much you will need to support that lifestyle. 

But however much money you need, the basic principle behind retirement is the same: build up a large enough nest egg that is invested securely and provides a steady stream of income. 

Easier said than done of course – as anyone who has invested in stocks will tell you after their savings had been heavily depleted as a result of the financial markets’ meltdown. 

And to live in Bali is not as cheap as many people make out. 

Sure a lot of things are cheaper here than in developed countries but there are plenty of expenses that can easily make the best planned retirement plans go awry. 

 So what is a reasonable sum that you could live on in Indonesia? 

 Well here are my estimates for living in Bali (per month for two people): 
 
Rental of a small but nice house (no swimming pool): Rp3 million 
Electricity: Rp500,000 (assumes 1 aircon) 
Telephone/internet: Rp300,000 
Food: Rp5 million 
Visa extensions: Rp1 million 
Petrol: Rp300,000 
Entertainment Rp1 million 
Miscellaneous expenses: Rp1 million
 
Grand total: Rp12.1 million/month or 12xRp12.1 million = Rp145.2 million for one year 

So how much would you have to have invested in a retirement fund to generate a perpetual income stream of that amount? Well, that’s a difficult question to answer precisely, but to be fairly conservative I reckon you could count on a fairly secure US dollar high yielding investment fund to give you a return of 5 percent – perhaps 7 percent if you were pushing it. 

That translates into an investment fund of between Rp2.1 billion (US$210,000) and Rp2.9 billion (US$290,000). A pretty sizable amount of money by any standards – and that’s just living simply. 

 Maybe Bali isn’t so cheap after all… 




Comments

  1. Unknown13 October 2009 at 05:26

    You have some great stories your welcome to post some on out travel site with link back to your blog

    http://101today.com/travel

    ReplyDelete
  2. Anonymous4 January 2011 at 12:24

    it can be much cheaper than IDR 12,1 million/month

    ReplyDelete
  3. Tempo Dulu4 January 2011 at 22:54

    Yes you can live on less, but not so well.

    ReplyDelete
  4. Anonymous7 June 2011 at 07:51

    well, I and my girlfriend lived on IDR 2,1 M for over 3 years and we could still be laughing at each other. As much as your analysis is true, but for me, it is more about how you determine to live with your money than how your money determine to live with you. As of now, we're living happily with IDR 6,4 M a month. :D

    ReplyDelete
  5. Pavel Batal17 September 2011 at 09:17

    Dear Sir, Madam,
    I intend to retire in Bali within the next couple of years. I am going to Bali in February 2012 for visit, and I would like to have a look at some rental properties. I would like to rent a one bedroom airconditioned apartment with a swimming pool / furnished /.
    Please email me at pavelbatal@hotmail.com
    Thank you
    Pavel Batal

    ReplyDelete
  6. Anonymous9 January 2012 at 17:17

    bali is poor country, you don't need 200k

    ReplyDelete
  7. Tempo Dulu11 February 2012 at 15:29

    anon: with a 200k investment fund, you will get monthly income of around Rp12 million in perpetuity. That's the point.

    ReplyDelete
  8. Anonymous7 March 2012 at 09:10

    Hello! I am a researcher interested in what is 'pulling' people to retire in Bali; and what is 'pushing' them from their own home countries. I'd love to read your comments.

    ReplyDelete

Post a Comment

Popular posts from this blog

The 10 best plus plus massage spas in Jakarta

Image
UPDATE 12/10/2018: due to the large number of hits this page has been receiving of late, readers should note that two of the spas on the list are, alas, no longer with us. They are: 1) Hotel Alexis , which was closed down for political reasons by the new Jakarta Governor Anies Baswedan and 2) Illigals , which was "closed" and promptly reopened with a new name due to its reputation as a drugs den. In place of Hotel Alexis, therefore, I would instead put Classic Hotel on the list - a real humdinger of a joint in this madcap city! A list of the top ten plus plus spas in Jakarta? Okay, without further ado (or should that be aduh!!!) here it is: 10. Malioboro Spa . Over cynical and commercial yet fun if you stick with it – a bit like watching Chelsea on one of their better days. Hey that’s a point – even Torres could score here! Hahaha! Wallet damage: Rp1million ++ 9. Emporium Spa . Overpriced but the facilities are pretty good. Go for the “one hour special package” if yo
Read more

20 things you should know about Indonesian women

Image
1. Unlike Western women who can’t drive to save their lives, Indonesian women are the best drivers in the world. I know this because my woman overtakes other cars at 130kms/hr on the inside safety lane of the Jakarta-Bandung toll road while, at the same time, keying in SMS text messages. 2. Indonesian woman love shopping. Indonesian woman love shopping. Indonesian woman love shopping. 3. According to the Indonesia Bureau of Statistics, 43 percent of 18- to 34-year-old Indonesian women live with their parents. So be very very careful if she invites you back to her place or you might get much more than you bargained for. 4. Indonesian women think dark skin is bad, but they still adore Anggun . 5. Thirty-two percent of women in Jakarta now color their hair, according to Estee Lauder (who are obviously hoping they can peer-pressure the other 68 percent). 6. Jakarta women can't live without tension. Every once in a while she's gonna pick a nasty fight with you for no reason whatsoev
Read more

The comfort zone (Jakarta hotel and spa)

Image
Yet another Indonesia WTF moment. And this time on the net. What are these girls employed as? - “Guest relations” officers - Tour guides - Personal financial advisors - Therapists - Security consultants Well, I’d have put my house on “guest relations” officers myself, but I’d be wrong. Cos these girls are, in fact, therapists . So if you fancy a difficult afternoon with one of these girls - who will undoubtedly do her utmost to delve deeply into the furthermost recesses of your mind - then you might like to pay a visit to one of the spas owned by the Comfort Group . But why the hell they have 65 therapists on their payroll is way beyond me! Services offered include both traditional and Shiatsu Massage, refleksi (foot massage), a hot and cold water pool, sauna and steam room and a mini bar and lounge. So why not finish your tiring day with a happy ending?!!!   Also see: The 10 best plus plus spas in Jakarta Contact details for the spas managed by the Comfort Group, undoubtedly some
Read more