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Retirement How much money is needed to retire comfortably, and what do you do in retirement




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  #31 (permalink)  
Old 23-02-2025, 03:16 PM
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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

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Old 23-02-2025, 03:49 PM
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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.

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  #33 (permalink)  
Old 25-02-2025, 04:03 PM
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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.

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