You can actually retire now in Malaysia.
You just need to sell your condo and then invest $1m in high dividend yield stocks which gives you 5% yield pa or $50k pa dividend income. This is equivalent to RM130k pa, which allows you to retire like a king there. If you retire in Thailand, you can retire like a king x 2.
Quote:
Originally Posted by Unregistered
45 & 42 yo couple, $150k combined income.
Upgraded to a condo in 2003, now fully paid up.
Condo worth $1m.
Total net worth, including condo, $1.5m.
Any advice how we can retire in 15 years time?
What do we need to do to prepare for our retirement?
We save $30k pa in cash and CPF combined.
Pls help. Thank you. |