I am Singaporean....kids will either attend international school or commute with me...

But prob will be staying on in Sg as more lucrative to locum fulltime here than get an employee job in Tuas or Woodlands...

so you can't retire now, back to square one.

As explained in great detail earlier, we can if we want or need to by selling our Sg properties but kids will have to study local u...and my condo within 4yr SSD so we will not for now...

So given the restrictions on your condo and your wish for your sons to study overseas, you can't retire now. You need to work, like most people, for the next 20 years or so. Not easy to retire young for 99.9% of the population. Only the top 0.01% can retire in Singapore in their early 40s. The ex top bankers, ex top lawyers and ex top executives.

Ordinary working professionals earning $150k plus pa considered normal for professionals, not high enough to retire in Singapore in their early 40s. But they can retire early in Malaysia or Thailand if they don't have kids schooling in Singapore or old folks in Singapore to take care of.

Can you retire if you rent out your Sg properties instead if selling? International school fees are a major cash drain and you still need to repay your loan on the johor property. Suggest not to sell else will cost more to buy again next time if living in johor doesn't work out.

Depends on rental market and interest rates. Most optimistic scenario if can rent out high and interest rates stay low, possible to retire in JB, esp if kids go to Sg by bus...

Terrace : $5000 rental
Condo : $3000 rental

Pay off condo

Mortgage for terrace at current low rates:$2250
Mortgage for jb semi d :$1200

Passive income = $8000-$2250-$1200=$4550

This is too optimistic. Why not you retire fully in JB while your husband continues to work since he is earning $100k pa, which is RM250k pa. With this amount, you can afford to send your kids to an international school in JB and they don't have to wake up so early. You can take your time to send and fetch them in a cheap JB car. Your hubby can happily go to work at 5am and come back home at 9pm. You can spend your retirement reading books, cooking and relaxing. Everyone will be happy. Good plan?

Don't think my husband will be happy doing that...anyway his job quite unstable...last year was a good year for him...I came up with this plan in case we r both forced to retire early...

Johor just announced the site for the RTS to Sg! It will be at Bukit Chager...supposed to be built by 2019 and will link to Thonson Line....my plan is to stay in my semid in JB and buy a malaysian car and commute with my sons to Sg in the morning for their school while I work halfday...so semiretiring in JB....would have paid up my terrace in Sg by then and passive rental income should be enough even if I do not work...

Hi,

I can try providing some decent advise, but could you repost or provide the link to the post describing your situation? (Too much post between)

I was occupied cursing the chap who was using this thread to show off his current lifestyle. :)

Cheers