We are a couple in our mid 50s. We are planning to retire in a couple of years time. We have decided to go to Penang for our retirement. We will sell our terrace house. We will get about $2m in net proceeds. We also have cash of $500k. So we will convert $2.5m to RM and will get RM6m at least. We will be multi millionaires and will retire in luxury. We can even afford to employ a maid to do all the household chores and marketing while we enjoy our days at the swimming pool or the beach.
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Originally Posted by Unregistered
You have a point there. My condo will appreciate or go for enbloc. I should focus on paying down the mortgage then. In 20 years time, I can sell and retire somewhere cheaper.
Any ideas where is the best place to retire?
Malaysia?
Thailand?
China?
Australia?
NZ?
Philippines?
Cambodia?
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