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Unregistered 11-02-2016 10:14 PM


Originally Posted by Unregistered (Post 79632)
Don't worry.

For those retrenched ex-PMETs out there, such as ex-engineers and ex-bankers, do not be sad. Instead of worrying so much, you can just retire assuming you no longer have any dependents at age 55.

Good retirement plan in KL or Penang for a 55 years old retired couple.

Passive income
Rent out fully paid HDB flat S$2.5k pm or RM7.5k pm

KL or Penang cost of living
Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM500 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1.5k pm
Misc RM1k pm
Total spending RM4.5k pm
Savings RM3k pm

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

Your key retirement asset: HDB flat (we are very fortunate since we all get to buy cheap BTO HDB flats when we got married)

Gosh this info is at almost all the threads, stop the motherhood story

Unregistered 15-02-2016 07:53 PM

The 5 Things People Regret Most On Their Deathbed

Susie Steiner, The Guardian
Dec. 5, 2013

There was no mention of more sex or bungee jumps.

A palliative nurse who has counselled the dying in their last days has revealed the most common regrets we have at the end of our lives. And among the top, from men in particular, is "I wish I hadn't worked so hard."

Bronnie Ware is an Australian nurse who spent several years working in palliative care, caring for patients in the last 12 weeks of their lives. She recorded their dying epiphanies in a blog called Inspiration and Chai, which gathered so much attention that she put her observations into a book called "The Top Five Regrets of the Dying."

Ware writes of the phenomenal clarity of vision that people gain at the end of their lives, and how we might learn from their wisdom. "When questioned about any regrets they had or anything they would do differently," she says, "common themes surfaced again and again."

Here are the top five regrets of the dying, as witnessed by Ware:

1. I wish I'd had the courage to live a life true to myself, not the life others expected of me.

"This was the most common regret of all. When people realise that their life is almost over and look back clearly on it, it is easy to see how many dreams have gone unfulfilled. Most people had not honoured even a half of their dreams and had to die knowing that it was due to choices they had made, or not made. Health brings a freedom very few realise, until they no longer have it."

2. I wish I hadn't worked so hard.

"This came from every male patient that I nursed. They missed their children's youth and their partner's companionship. Women also spoke of this regret, but as most were from an older generation, many of the female patients had not been breadwinners. All of the men I nursed deeply regretted spending so much of their lives on the treadmill of a work existence."

3. I wish I'd had the courage to express my feelings.

"Many people suppressed their feelings in order to keep peace with others. As a result, they settled for a mediocre existence and never became who they were truly capable of becoming. Many developed illnesses relating to the bitterness and resentment they carried as a result."

4. I wish I had stayed in touch with my friends.

"Often they would not truly realise the full benefits of old friends until their dying weeks and it was not always possible to track them down. Many had become so caught up in their own lives that they had let golden friendships slip by over the years. There were many deep regrets about not giving friendships the time and effort that they deserved. Everyone misses their friends when they are dying."

5. I wish that I had let myself be happier.

"This is a surprisingly common one. Many did not realise until the end that happiness is a choice. They had stayed stuck in old patterns and habits. The so-called 'comfort' of familiarity overflowed into their emotions, as well as their physical lives. Fear of change had them pretending to others, and to their selves, that they were content, when deep within, they longed to laugh properly and have silliness in their life again."

Unregistered 10-05-2016 02:22 PM

We are a couple in our late 40s. Total combined income $160k pa.

We save $30k pa in cash.

How about you?

Unregistered 13-05-2016 11:14 AM

Couple both 39. Earns ard 11k monthly.
Sperms more than we earn
Savings nil.
Owes credit cards 50k.
Property 850k loan.
Car 1.2k monthly.

Unregistered 16-05-2016 11:57 AM


Originally Posted by Unregistered (Post 85486)
Couple both 39. Earns ard 11k monthly.
Sperms more than we earn
Savings nil.
Owes credit cards 50k.
Property 850k loan.
Car 1.2k monthly.

Like that you consperm cannot retire

Unregistered 16-05-2016 12:27 PM

And a slave for the longest time!

Unregistered 17-05-2016 10:50 PM

Old couple, 48 & 49
Savings $100k cash
CPF and other investments $1m
Home value $950k
No loans

icyboy 17-05-2016 11:47 PM

27yo 40k in bank 35k cpf

Unregistered 28-05-2016 07:18 AM

Couple 36 n 35
1 3rm hdb marine parade ~430k
1 landed property (20% share inherited) D15 east coast
Insurance 100k
Cash 270k

Combine (~115k pa)
Save 2.5k a month

How are we doing ?

Canberra 28-05-2016 07:45 PM

Another Sharing:

This is an earnest sharing from a pal of mine:

Homemade Entrepreneur: Pet Care and Health
Status: Millionaire, >2M net worth
Spending Habits: Frugality

Savings: approximately 1.1M in Fixed D.
Equities: <400K
Bonds: <500K
Property: 1 3-bedder condo in OCR

Succinct Summary
This friend of mine is not materialistic - probably from the way he dressed and the car he drives. It has been a long journey for him to accumulate such wealth as he doesn't possessed any investment knowledge nor assumes high risk in equities. It was just recently that he acquired some investment knowledge thus entries into bonds and stocks - before wasn't like this. Recently, upon passing down the shops to his children, he began attending wealth seminars as well as investment classes.

Feel free to share your thoughts or asked any questions.

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