$100 per month

By the time you retire. Let say at 60 year old you should be good. But need to save about $100,000. You got 401k? There is less expense, bills in Laos if your house, car is pay for. Then you only need to worry about food. You can also rent apartment starting at $150 a month. If you moving back to Laos don't plan to work for someone else for $100 a month. Open some kind of small business better.

Yeah U.S is about $12 trillion in debt. I don't think we will get social security benefits by the time we retire. Better save up ourselves, and company 401k retirement saving. Hopefully dollars will worst something by then.

The people in Laos who own a nice house and car don't work for other people. That's the difference. They are most likely a boss of a business or company.

Let me tell you about a lady in Vientiane who is just over 30 years old. She sells sandwiches and drinks, and makes about $1,000 US a day. That's about $30,000 US a month. She doesn't stand around making sandwiches, she employs her staff. Her family owns three cars, I'm told. It looks like a simple sandwich stall, but a very profitable business. Many customers like to buy from there because they think it tastes nice.

It goes to show that you don't need to start a big company in Laos. A simple business can reap many profits as well.

There is still more poor people in Laos, but they get by.

Admin Saovaluck wrote on 11^th Nov, 2010 at 11:11pm:


I'm a Capitalist Socialist. The more big company, corporation the better. Big business created jobs and opportunity for the people. With government pro business policy. Singapore business rank number one in the world with a GDP of $40,000 a year. China is another good example Capitalist Socialist where the East meet the West. China are pro business Capitalist, big corporation with socialist one party system, and they are very successful. Vietnam are also trying to be like China. I just hope China and Vietnam help Laos more with modernization, and  economic development. I don't care who is in power. I just want to see Laos prosper like Singapore, South Korea or Japan.

Communist was supposed to be for poor, peasant and farmer. With the size of Laos population only 6.8 million there shouldn't be many or any poor people in Laos. Most Laos population should be middle class. Not poor.

Admin Saovaluck wrote on 11^th Nov, 2010 at 11:11pm:


The problem is not everybody can make $30k a month in Laos, and accomplish like that lady. But let say if she decide to sell her food, and other food product all over Laos, and export it to other country. That mean her business, profits is growing so she need to hire more worker to help her out. The more she make the more she will spend, and hire more and more worker in the future. That's why I say yes to big business, and corporation.

In the U.S someone with good idea with enough fund, cash can get bank loan to open business. Small businesses employ a little more than half of all private-sector workers, pay 44% of total U.S. private payroll and have generated 64% of net new jobs over the past 15 years, according to the SBA's Office of Advocacy. In 2008, an average of 320 out of 100,000 adults created a business each month — representing about 530,000 new businesses a month. That's a slight increase from 2007. That's why people called U.S land of opportunity.