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. |
Me and wife want to stay in Ipoh when retire next year. Rent 1s house rm 450 pm, buy a secondhand motorcycle rm 2500, food rm 350 pm, petrol rm 30 pm, electric and water rm 50 pm, gas rm 28 pm, others rm 100 pm. No road tax. Excluding one off motorcycle purchase, plan to survive with SD5000 pa. Can't help, low pay, no saving.