Quote:
Originally Posted by Unregistered
My wife and I are in our mid 50s, no kids.
We plan to retire soon and here's our plan.
We will retire in Malaysia or Thailand as it is cheaper.
We will sell our flat for $800k and invest in dividend stocks.
With 5% dividend yield, we will get $40k pa in dividends which is RM104k pa or RM8600 pm.
The income is a lot to retire on since it is only for two persons.
When we reach 65, we will get more money from CPF Life.
What do you think? Thank you. |
YES, GREAT idea to retire in Malaysia or Thailand! Very smart, just go & buy many properties there and tell us how you fare years later. Haha.
Singapore is NOT the place for you.