Quote:
Originally Posted by Unregistered
This is stupid people thinking. The way to retire well is to retire somewhere cheaper. So many people are now retired in Malaysia. They have a paid up flat and now renting them out at $3k pm. They also have passive income of $2k pm from dividends, CPF, etc. So they get $5k pm or RM12.5k pm. They rent a nice condo in KL for RM2k pm and spends RM5k pm for food, car, utilities, holidays, etc and can save the rest. No need to think too much. |
This is a brilliant idea indeed. You don't need millions to retire. Just need a fully paid
HDB flat, some stocks to give you dividends and
CPF. In fact if you can rent out your flat at $3k pm, you can retire in Thailand now. With just $2k pm, you can retire comfortably in Chiang Mai. Just google or type in "retire in Chiang Mai" and you can get lots of info.