ABCs of Personal Finance
Personal Finance 101: Financial Independence Retire Early, a realistic goal or just a dream?
A number of close friends have retired or says they will stop working soon
A number of close friends have retired or says they will stop working soon
One of the first few articles I wrote when I started kopiandproperty.com was my lifestyle when I retire. I do think I will stop having any full-time role by 56 years old. When I am 56, my children will be 18 (First Year Uni) and 20 (3rd year Uni respectively). I do not think they like to stay with me and every day listening to my stories, so they will stay at some place nearer to their university and my wife and I would travel.
Many years ago, a good friend said that she would need RM2 million to retire not-so-comfortably. That’s many years ago, probably she would have changed the retirement fund aspiration higher. Well, the Employees Provident Fund (EPF) says that Malaysians should have at least RM600,000 in order to retire comfortably in major cities. I read through their chief strategy officer Nurhisham Hussein’s comments and I believe this amount already includes the amount needed for shelter; a roof over our head even if we do not own a property.
Old and poor is not a good idea. Please take care!
Congrats! If you are within this 12% Malaysians who could retire early
Withdraw RM10,000 today is equal to RM100,000 or more when we retire
Malaysians should retire at 60. Do you agree?
What if we cannot afford to retire? Workpast 60 years old then?
Possible to retire with RM1 million or US$1 million? Many years ago, someone told me that RM1 million is not going to be enough to
How much savings is enough in future? Ever wondered who could save us if we did not save enough? Malaysians are definitely saving less these