Quote:
Originally Posted by Unregistered
48 M
I’m thinking of retiring in JB next year.
Rent out my fully paid flat for S$3.5k pm.
This gives me passive income of RM11k pm.
Can live a comfortable life in JB for RM6k pm.
Can rent a condo there for RM2k pm.
Food and other expenses RM4k pm.
Save RM5k pm.
What do you think?
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Brilliant! You are financially independent.
Shows how important our home is as a cash generating asset.
Not forgetting you will have a monthly annuity at 65.
No need to have millions in the bank to retire.
Just need to be smart. No more office politics!