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How much are you earning annually

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  #71 (permalink)  
Old 05-03-2017, 11:29 AM
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its all abt standard of living. not everyone content to go east coast camping or eat economic rice all day.
I wonder what a kid will prefer. A mum who fully takes care of him/her or a maid/childcare. The objective of parents who choose to work to earn extra money is not about giving the best to their children but to fill their hunger for success and luxurious lifestyle.

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  #72 (permalink)  
Old 05-03-2017, 12:11 PM
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I wonder what a kid will prefer. A mum who fully takes care of him/her or a maid/childcare. The objective of parents who choose to work to earn extra money is not about giving the best to their children but to fill their hunger for success and luxurious lifestyle.
kids dun really care, there is nothing for them to compare against these days. in fact those guilty parents who dump their kids in childcare often sign up more enrichment courses & buy more stuff & go on more holidays so the kids also expect it as "normal".

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  #73 (permalink)  
Old 06-03-2017, 01:37 PM
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For those retrenched out there, you can just retire in Malaysia assuming you no longer have any dependents at age 55.

Passive income
Rent out fully paid HDB flat S$2.5k pm or RM8k pm

Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM400 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1k pm
Misc RM1k pm
Total spending RM3.9k pm
Savings RM4.1k pm

This retirement plan allows you to live in a condo and drive a car.

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  #74 (permalink)  
Old 06-03-2017, 03:56 PM
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Good advice. Singaporeans are very lucky as they get to buy very cheap HDB BTO flat. Twice. Not surprising there are many rich people.


Quote:
Originally Posted by Unregistered View Post
For those retrenched out there, you can just retire in Malaysia assuming you no longer have any dependents at age 55.

Passive income
Rent out fully paid HDB flat S$2.5k pm or RM8k pm

Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM400 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1k pm
Misc RM1k pm
Total spending RM3.9k pm
Savings RM4.1k pm

This retirement plan allows you to live in a condo and drive a car.
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  #75 (permalink)  
Old 06-03-2017, 05:10 PM
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Quote:
Originally Posted by Unregistered View Post
For those retrenched out there, you can just retire in Malaysia assuming you no longer have any dependents at age 55.

Passive income
Rent out fully paid HDB flat S$2.5k pm or RM8k pm

Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM400 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1k pm
Misc RM1k pm
Total spending RM3.9k pm
Savings RM4.1k pm

This retirement plan allows you to live in a condo and drive a car.
thailand is better. now budget flight to bangkok same price as kl/penang.
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  #76 (permalink)  
Old 06-03-2017, 08:29 PM
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thailand is better. now budget flight to bangkok same price as kl/penang.
Best is still tiongland
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  #77 (permalink)  
Old 08-03-2017, 05:13 PM
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Best is still tiongland
lol tiongland in 1980s? nowadays tier 1 cities much more exp than sg, even tier 2 cities ard sg cost of living.
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