Category: Retirement Related
-
2050: 24% of Malaysians are 65 and above. (Including me!)
When I am retired, I hope to travel more often. Not so much of travelling the world because it may be too expensive for me but perhaps travelling between some cities or towns which I like, within Malaysia. Taking my own sweet time in visiting places I have never been and continue to be active…
-
Working longer as an alternative? I hope not, if possible.
When I was much younger, the retirement age for the Malaysian workforce was 55. It is currently 60. Malaysians are expected to live longer. We may need to ensure we have enough funds for 20 years after we retire. Even assuming we need just RM2,000 per month to survive, that’s RM24,000 per year or RM480,000…
-
Press Release by IMG-Lyon: Australian Retirement Living Operator Sets Up Regional Base In Malaysia
Press release: Australian Retirement Living Operator Sets Up Regional Base In Malaysia — start — 20 March 2017, KUALA LUMPUR – Independent Management Group (IMG), a leading specialist in senior living in Australia, has signed an agreement to form a joint venture company with Lyon Capital Sdn Bhd to provide consultancy and management services for…
-
A room for parents and more, needed.
Do we wish to stay with our parents? Same house or same area or same city? For those who answered same house, it’s good to plan for this even when we buy our property. Is there a room but it’s uncomfortable for them? Do we expect then to stay in the small sized maid-room? Whether…
-
Ditching landed for facilities? Perhaps not so soon.
I am currently staying in my wife’s home in Sandakan. It’s a landed property that she has stayed since she was still in primary school. I told her that I wanted to do some brisk walking in Sandakan a few days ago. (Eating too much food, must exercise a bit) However, it was raining and…
-
Retire in hometowns and working in KL today
I have been working in KL for nearly 4 years, after working in Penang for 14 years after my graduation. I think if I were to ask 10 different friends where would they prefer to retire, most would answer their hometowns. I used to also think the same, that Ipoh would be my most preferred…
-
Caring for ourselves is important too, could we?
I remember many years ago, there was an advertisement on tv about Chinese New Year. The scene was the old folks home. It goes something like this. First person said, ‘My daughter is a doctor. She earns a lot of money just by doing a surgery.’ Second person said, ‘My son is a lawyer. He…
-
Working longer may be a necessity and not a choice
Anyone here does not know that within less than 20 years, Malaysia will become an ageing nation? What’s an ageing nation? Haha. Well in brief it’s not that awesome for the economy, where growth is concerned. As we get older, our productivity drops. Please do not debate about how some at 60 years old are…
-
Compared to pension firms in US and the Europe, “EPF is up to standard”
Somehow, positive news about Malaysia are seldom shared nowadays. Everything is bad these days, it seems. Then, everyone wonders where the negative sentiment is coming from. Anyway, kopiandproperty.my will share them then. News about our Employees Provident Fund. (EPF) Harry Smorenberg, the Founder of World Pension Summit was quoted in an article in mysinchew.com. He said,…
-
RM100 Billion Simpanan Shariah, 25% snapped up in week 1.
Yes, I shared about this a few weeks back. I think this an option which we should know, whether or not we decide to switch over. Read here for the earlier one. EPF new Shariah-compliant savings scheme Latest news is that out of the initial RM100 billion allocation, about quarter has already been snapped up within…
-
‘Losing’ a bit now to have a ‘Winning’ surprise in future.
My parents find it hard to understand why people could spend RM13 for a latte. They have advised me to save, save and save as soon as I started working. Well, it’s tough to save on a monthly basis and therefore, I forced myself to ‘lost’ some money. Yes, I put it somewhere I would…
-
Sadness is a feeling, readiness tomorrow means doing something today
After we bid farewell to our full time job after 56 or 60, do we still want to continue working? The answer is not important as long as that’s what we really want. Today, I felt sad for a few minutes in an encounter with an old uncle. I was having breakfast with my family…