Quote:
Originally Posted by Unregistered
I am 39 years old and feel like retiring now in Malaysia as my husband and I can sell our terrace and MM and get S$1.6 million with savings combined and we are awaiting state consent for our JB semid. We can put the money in a fixed deposit giving 4%pa which will give us S$5000+ a month which is more than sufficient for a family of 4 in JB. Our sons can even go to international schools...
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Good idea. I did that already. I sold my landed last year and got a net of $1m cash which we then invest. My stocks dividends give me 5% pa or $50k pa or RM130k pa. More than enough for me and wife to retire in JB. We are in our mid 40s.