Quote:
Originally Posted by Unregistered
We're also thinking of retiring in JB. We're older than you, in the mid 40s. Our son is in NS and once he goes to uni (foreign uni, study funds prepared for him), we will retire. Most likely he will work overseas as well. We plan to rent out our fully paid condo in Singapore. We also have dividends from solid blue chips. When we do our sums, we will get a passive income of RM100k. This will takes care of our rent in a new JB condo (3 room, RM1,000 pm), food, transport and leisure, which amounts to RM60k pa. We can still save RM40k pa. What do you think of our plan? |
I think it is good but if you intend to fully retire, can choose safer cities or even rural places unless you foresee working parttime like me occasionally, then proximity to Sg is important...many r renting out their
hdb to retire in JB with their cheap rental...especially since we can even use medisave in some of their hospitals...