Quote:
Originally Posted by Unregistered
I see a lot of people here discussing on retirement. I don't understand why so difficult to retire? I don't see any problems retiring and I'm already prepared. My retirement plan is simple. I now own a 5 room exec flat which I paid up. When I retire at 65, I will rent it out for $4k pm or $48k pa. My wife and I will also get $1.2k each pm from our CPF life. So we get $28.8k pa. In total our passive income is $76,800 pa. We plan to retire in Malacca, so after converting to RM, we will get RM200k pa. We will retire in luxury with this amount of money. See, so simple to retire. |
Actually, there are many families who already retire in JB. They do exactky what you said. They don't need to so much. If they rent out their flat at $3k pm or $36k pa, they can get RM93k pa, which is big money in JB.
There is a doctor in this forum already going to retire in JB and she is only 35 years old I think.