Retire with RM10k, sure Can!
I have ever asked a MY working in SG.
$3k p.m. can retire in SG?
She hesitated and replied: "Hard."
I asked again, "Can RM10k retire in MY ?"
Without hesitation, she replied: "Can!".
And that was 5-years' ago question. But I think that it is still Valid as $3k p.m. is a good buffer.
Imagine if I settle with $1k or RM3.2K p.m. retirement, the reply would be "Very Hard!" now with rising cost.
Of course, one can still scale down to $1k p.m. (or RM3.2k p.m.). But we dont treat ourselves badly in our last leg. Being frugal is one, but really, no $ no talk.
Old age has old age problem and cost, aggravated by inflation. So don't anyhow declare FIRE blindly now and becomes someone problem 30-years later. Cannot hao-lian one.
In other words,
1. If MY is the retirement road to take, maybe Act Now and find out more.
2. If it is ours & children Plan B or to follow Mr Loo for "Good Food", maybe Act Now and find out more.
But make your own decision hoh.
Comments
Post a Comment