Category: Retirement Related
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Why a declining population will be scary? Starts with ageing nation.
One of the earliest sign of a declining population is when the nation becomes an ageing nation. World Health Organisation (WHO) is making 2021 – 2030 the Decade of Healthy Ageing. When it concerns even the WHO, we get an idea how serious the situation has become. Anyway, let’s look at all these issues and…
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Stay healthy. You need to work LONGER; past retirement.
Will you continue working past retirement? I guess the answer depends on whether we have enough to cater to our lifestyle. The lesser we spend, the lesser we need and the longer our savings could last us. Typical retirement age is probably between 56 – 60 years old today in Malaysia. This is on the…
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Elon Musk wants freedom. Selling his homes. Do you want your freedom too?
Do you know who is Elon Musk? He is the founder of Tesla and SpaceX. You have to know that Tesla is a manufacturer of electric cars. SpaceX has a vision of one day transporting people to Mars. One earlier article about how affordable it is to one day travel to Mars from Earth. When…
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When Earth gets too expensive, let’s move to Mars! Okay, how much?
Sorry, I will not treat this as serious because there’s just too many places on Earth which I would love to visit before I say bye-bye to this world. Definitely not looking to stay in a red coloured planet yet. Want to know what it’s like to live in Mars? A man survived and I…
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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…
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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.…
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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…
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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…
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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…
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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…
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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?…
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Time to retire just like Jack Ma? Wait a minute… not yet.
When I posted an article about Jack Ma’s retirement in my Facebook page yesterday, the number of reach was super-high. There were also comments and well, many did not believe that Jack Ma was about to retire. I too have my doubts but then again if one of the richest man in the world says…