Applicants must either earn a monthly salary of at least 100,000 baht or have more than 3 million baht in their bank account, which cannot be withdrawn within the first year after receiving the visa. They must also have health insurance that covers hospital stays and provides at least USD$10,000 in annual coverage.
Visa holders will still have to check in every 90 days with the Bureau of Immigration, Athisit said.
I suppose if somebody is retiring they should have at least 60K in savings or they couldn't afford to retire. Why oh why you have to report every three months is beyond me and just another inconvenience.