Readers Question:- Can you retire to Thailand for THB.500,000 per year?

I recently received an enquiry from a reader asking if it was possible to live/survive in Pattaya on THB.500,000 per year. The answer is basically yes, but the question is: Would this style of life satisfy you? THB.500,000 relates to THB.41,500 a month. Not a vast amount but let’s look at the costings.