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25-02-2025 04:03 PM

Unregistered

After early retirement in our JB Austin heights semiD with MM2H, we can bring our kids till they are 34 years old (provided single).

With S$9k or RM 30k per month, we can support them financially till they get married.

Hope they marry Msian girls, easier to stay on in Msia. If not, will have to come up with USD 150k each to apply for MM2H themselves.

Our semiD is big with 5 bedrooms, 3 ensuite. Can stay with my married boys and their families in future.

Looking forward to retirement and enjoying good and affordable food in JB.

23-02-2025 03:49 PM

Unregistered

Quote:

Originally Posted by Unregistered

Maybe kenna critical illness…need to spend $ to cure yourself…still need to work…dun need to retire le

I did have Stage 1c breast cancer 2 years ago, claimed insurance.

Operation and hospitalisation under B2 is super cheap. I only paid S$17.

Now, no more CI insurance but with B2/C ward subsidies and basic Medishield, should be no problem.

23-02-2025 03:16 PM

Unregistered

Quote:

Originally Posted by Unregistered

Hubby and I in our early 50s, combined networth about S$5mil, looking forward to early retirement soon.

Either in a HDB in Sg or in our JB semiD.

If in JB, will have about S$ 9k /mth passive income

In HDB, will have about S$7k/mth passive income.

Maybe kenna critical illness…need to spend $ to cure yourself…still need to work…dun need to retire le

21-02-2025 03:04 PM

Unregistered

20-02-2025 01:46 PM

Unregistered

It's been 2.5 years. Update on my current income streams:
salary $24k
rental 1 $3.8k
rental 2 $3.5k
side hustles $8k
dividends $2k
interests $1k
Total: $42.3k

Net worth is about $4.5m.

Still constantly worried about losing my day job. Don't dare to buy a conti car even though it's been my dream to be able to show off and keep up with my close friends who are doing well.

Quote:

Originally Posted by Unregistered

My current income streams:
salary $23k
rental 1 $2.5k
rental 2 $2.2k
side hustle 1 $6k
side hustle 2 $1k
dividends $1.3k
Total: $36k

If I retire I will lose my salary of $23k, leaving $13k.

However, these are my expenses:
parents 4.5k
helper 0.7k
ppty tax 0.4k
credit cards 6k
bills 0.5k
loan 1 6k
loan 2 3k
income tax 3k
Total: $24k

If I exclude income tax, it is still $21k. Granted that both loans are technically paying off properties which are assets, they are still depleting my cash.

Am I able to retire?

05-12-2024 07:44 AM

Unregistered

Quote:

Originally Posted by EducareTutoring

Everyone is running his/her own race. I think what is important is that we are constantly progressing in terms of our savings and investments. Comparison will always be the thief of joy.

Not always. Sometimes, comparison brings forth happiness.

02-12-2024 06:36 PM

EducareTutoring

Everyone is running his/her own race. I think what is important is that we are constantly progressing in terms of our savings and investments. Comparison will always be the thief of joy.

25-11-2024 08:43 AM

Unregistered

The rich and retired might be bored and want to provide some friendly feedback.

18-11-2024 03:28 PM

Unregistered

So many Haolian posting here ..... ppl who are rich and free won't spend time browsing here lah

17-11-2024 05:32 PM

Jared_81

retirement is easier if you don't have kids, everything in Singapore so expensive - food, clothing, tuition

for example tuition, 1 hour already charge $60-100. tip for those who want to save money, found a centre offering affordable classes at only $30 for 2 hours here

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