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What happens if we have no property when we retire?

Okay, for this article, let’s just only show numbers, numbers and numbers yeah. Haha. First up is Malaysia’s life expectancy. That means how many years we will be living up to. Statistically, as at 2016, Malaysians are expected to live to 75 plus. Except for Singaporeans, we are living longer than most of our neighbours … Read moreWhat happens if we have no property when we retire?

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Before the R day, think of these 5 things in advance yeah.

R here stands for retirement lah. Whether it’s 45 (wow… congratulations to you), 55 (okay, about normal), 65 (still healthy, why sit down and watch TV?) or even 75 (like some seniors who could not afford to retire yet). On second thought, I do think I want to keep working but not a full time … Read moreBefore the R day, think of these 5 things in advance yeah.

Stories of potential buyers / owners of today

The world we live in today. 🙂 Rich parents. (Maybe just too rich). Son bought a RM750,000 condo a few years back. The condo had one of the highest price per sq ft in the area. The advantage is that it’s luxuriously designed and has KLCC Twin Tower view even though it is not next … Read moreStories of potential buyers / owners of today

100k bankrupt Malaysians. 70% has less than RM50k in EPF.

Without our own additional savings, it’s only the EPF savings by the time we retire. However, the scariest thing is when we do not own the place we live in when we retire. Earlier article here: Escape poverty through property By then, without an income and still needing to pay a monthly rental is going … Read more100k bankrupt Malaysians. 70% has less than RM50k in EPF.

Proud because one can still work at 77? Depends on role and start planning!

Someone shared a status on FB and said that his relative, an elderly man at at the age of 77 was still healthy enough to keep working in Singapore. (a repetitive daily job for 8 hours) I just wanted to say that I have every intention to continue working until the day I say bye-bye. … Read moreProud because one can still work at 77? Depends on role and start planning!

Age-friendly city for the children and in future for the elderly too.

I was looking through some articles and found this term ‘age-friendly’ city. We have heard of Most Liveable and Best Retirement cities but age-friendly is the first time I have seen such as word. Article in Edgeprop.my here: Malaysia plans age-friendly cities The Women, Family and Community Development Ministry together with UN Development Programme is … Read moreAge-friendly city for the children and in future for the elderly too.

Retired and turbulence in the market arrives…?

If I follow the convention, I need to work another 15 years before retiring. 56 years old. Hopefully, I can keep working in something I like for far longer than 15 years though after retiring, I hope to be doing more travelling instead. Should we worry about retirement when we retire or now? Answer is … Read moreRetired and turbulence in the market arrives…?

The elderly, that property and AirBnB for more money

It’s not an easy task to help the elderly. This is especially when they retire and no longer have a fixed income and has to rely on their savings or even their EPF. In fact one advice for retirement is NOT to retire so early! Earlier article here. Just look at the ageing population in … Read moreThe elderly, that property and AirBnB for more money

Serious matter yeah. Be financially savvy and do something. Else…

Let’s understand these two facts. 90% of rural households do not have any savings at all. For urban households, 86% have zero savings! This meant that only 14 percent of households in cities have savings. The full article in TheStar here: Sad Truth about Financial Standing. Within the article, it was pointed out that most Malaysians … Read moreSerious matter yeah. Be financially savvy and do something. Else…

Tips for retirement? It includes ‘don’t retire so early.’

Specifically for Malaysians. When should we retire? Let’s focus this question only on age before moving on to other reasons. Is your answer as follows? 55? (This was long ago…) 60? (Yeah, this is supposedly current number) 65? (British men’s retirement age) 75? (Forbes article says so, in reference to millenials in the U.S) 93? … Read moreTips for retirement? It includes ‘don’t retire so early.’

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