View Full Version : ~ Retirement plans ~
hv u actually given yr retirement a good thought?
I hv been thinking of retiring as far as abt 5 yrs back? :scared-4: :o
I really dun wan to work till cannot work, retire old n sick leh.
when do u intend to retire? wat do u wanna do after retirement?
lip lai sic so tat I can get some inspirations fm u :p
hmmm ... ideally I hope to retire in less den 5 yrs from now. I will nid to work until I tenant my condo out. I intend to use my passive rental income to provide for the loan repayment while my daily expense, hmmm ... I haven plan yet, perhaps can get a sugar daddy to dao ka chiu :D :p
I suppose I will engage in touring n nurturing of interest since I will be so free after retiring.
my main reason for retiring abnormally early :p is becos I scare I cannot finish using my $ :(
hv u actually given yr retirement a good thought?
I hv been thinking of retiring as far as abt 5 yrs back? :scared-4: :o
I really dun wan to work till cannot work, retire old n sick leh.
when do u intend to retire? wat do u wanna do after retirement?
lip lai sic so tat I can get some inspirations fm u :p
hmmm ... ideally I hope to retire in less den 5 yrs from now. I will nid to work until I tenant my condo out. I intend to use my passive rental income to provide for the loan repayment while my daily expense, hmmm ... I haven plan yet, perhaps can get a sugar daddy to dao ka chiu :D :p
I suppose I will engage in touring n nurturing of interest since I will be so free after retiring.
my main reason for retiring abnormally early :p is becos I scare I cannot finish using my $ :(
no scared no scared ... u canot finish i help u...
:D:D
anyway .. no 65 no retire for me..
no scared no scared ... u canot finish i help u...
:D:D
anyway .. no 65 no retire for me..
y u wanna work until 65yo sia?
slog till 65, liddat life still got 意思 meh?
even if u hv many children oso can retire early de mah.
u look at bro chestnut wanna retire b4 50yo :D
y u wanna work until 65yo sia?
slog till 65, liddat life still got 意思 meh?
even if u hv many children oso can retire early de mah.
u look at bro chestnut wanna retire b4 50yo :D
my weapon can only fill up my storeroom.... chestnut weapon can fill up the whole of ikea tampines leh...
my weapon can only fill up my storeroom.... chestnut weapon can fill up the whole of ikea tampines leh...
u nid to work till 65 isist becos u can only stop working after yr youngest graduate?
I see many older generation ppl having such mentality.
u nid to work till 65 isist becos u can only stop working after yr youngest graduate?
I see many older generation ppl having such mentality.
.... i tink maybe i younger den u leh... simi older generation pple?????
:D:D
.... i tink maybe i younger den u leh... simi older generation pple?????
:D:D
I dunno if u r older or younger, but usually how ppl call u?
if most ppl call u uncle den cfm Im younger liao la! hahaha! :p
p/s : seldom ppl call me auntie one :ashamed1:
hv u actually given yr retirement a good thought?
I hv been thinking of retiring as far as abt 5 yrs back? :scared-4: :o
I really dun wan to work till cannot work, retire old n sick leh.
when do u intend to retire? wat do u wanna do after retirement?
lip lai sic so tat I can get some inspirations fm u :p
hmmm ... ideally I hope to retire in less den 5 yrs from now. I will nid to work until I tenant my condo out. I intend to use my passive rental income to provide for the loan repayment while my daily expense, hmmm ... I haven plan yet, perhaps can get a sugar daddy to dao ka chiu :D :p
I suppose I will engage in touring n nurturing of interest since I will be so free after retiring.
my main reason for retiring abnormally early :p is becos I scare I cannot finish using my $ :(
If u enjoy what u are doing then its not work. To me as long as I enjoy what I am doing. I want to have the option to do it till I cannot contribute.
A active mind is a health mind.
If u enjoy what u are doing then its not work. To me as long as I enjoy what I am doing. I want to have the option to do it till I cannot contribute.
A active mind is a health mind.
mayb u r rite, I dun enjoy my occupation. in fact, I feel bored after working for 1 yr! :scared-4:
working to me is merely to exchange my time for $.
my mind is very active, hehe :D
sometimes I feel sad.
an interesting person living a boring life! haiz :(
I am coming to 50 soon and have been doing free lance work for the past 7 years. So I can be considered as in semi-retirement.
I do enjoy my work but the industry that I am in sucks. So the best compromise is to do free lance work.
Actually, one does not have to retire completely from work; doing part-time work is the best option if you like what you do. But the part-time work must also pay reasonably well, if not, the transport and makan cost will eat into the pay.
If you have a skill, doing part time job is great when you get older. Health industry & teaching industry are two examples. Others are electrician and plumber.
I dunno if u r older or younger, but usually how ppl call u?
if most ppl call u uncle den cfm Im younger liao la! hahaha! :p
p/s : seldom ppl call me auntie one :ashamed1:
pple usually call me 'oei'
:D:D
anyway.. asian always put their children in the no1 spot. me oso same tinking..
even if i want to retire early oso not enough bullet la... so dont tink so much..
I have been planning on our retirement as well.
I am looking to have 4 or 5 paid private properties (4 hopefully rented out and 1 for own self stay) and cash 3M SGD (1mio in low risk investment and the other 2 mio for higher risk portfolio)
My target is when I am 45 years old ... another 9 years from now.
So far I have acquired 3 properties.
I have been planning on our retirement as well.
I am looking to have 4 or 5 paid private properties (4 hopefully rented out and 1 for own self stay) and cash 3M SGD (1mio in low risk investment and the other 2 mio for higher risk portfolio)
My target is when I am 45 years old ... another 9 years from now.
So far I have acquired 3 properties.
Fantastic for such a young age.
Care to share when you started the 1st purchase? 2009!
Fantastic for such a young age.
Care to share when you started the 1st purchase? 2009!
Hi,
I have started in year 2004 when I just got married and in year 2009 sold that unit bought another.
Last year 2013 I bought another 2 units.
If u have minimum 3 fully paid up property in sg u may consider retire. Just a guide no wrong or right. :)
If u have minimum 3 fully paid up property in sg u may consider retire. Just a guide no wrong or right. :)
I thought about it before but It would not be able to sustain the lifestyle
I thought about it before but It would not be able to sustain the lifestyle
If don't drive still quite ok. :)
Shoeboxsupporter
14-01-14, 06:12
Come Come Retire in Iskandar and use your sg rental to cover your expenses..........Enjoy ! ::cheers1:
If u enjoy what u are doing then its not work. To me as long as I enjoy what I am doing. I want to have the option to do it till I cannot contribute.
A active mind is a health mind.
Same, I also have this thought, work till I cannot work. Not willing to give up my salary for the part time job. But I also have another thought, travel when we still can walk. Once my children have their own families and when we retire, we will plan to travel to those countries which require many days. Hope that by then, we still have the energy.:o
IMHO, it depends on how comfortable a person want during retirement, for me as long as I don't need to worry about food, accommodation and spending power, I'll be satisfied, not necessary to have luxury life like branded goods, branded cars, stay in high class condo, restaurants for meal etc. A simple life is a blessing.:2cents:
That is a reasonable target. Go for it. :)
I have been planning on our retirement as well.
I am looking to have 4 or 5 paid private properties (4 hopefully rented out and 1 for own self stay) and cash 3M SGD (1mio in low risk investment and the other 2 mio for higher risk portfolio)
My target is when I am 45 years old ... another 9 years from now.
So far I have acquired 3 properties.
My 2 fathers retired at their 40s, although they dun live luxury but no worry about daily expenses and they are happy too. For me, i shall work till my company do not want me, after that I'll find the kind of jobs I like, hope by then I have no burden or loan with me
That is a reasonable target. Go for it. :)
Hi DC33_2008,
May I know what is your plan and current progress right now?
Do you plan on low or high risks investment? what type of instrument are you looking at?
pple usually call me 'oei'
:D:D
anyway.. asian always put their children in the no1 spot. me oso same tinking..
even if i want to retire early oso not enough bullet la... so dont tink so much..
oei, the probability of u being younger is less den 20% nia leh, hehe. tis, Im very positive :D
wif proper planning n investment, I tink it is still possible for u to retire b4 65yo.
make yr assets work for u, not the other way round!
I have been planning on our retirement as well.
I am looking to have 4 or 5 paid private properties (4 hopefully rented out and 1 for own self stay) and cash 3M SGD (1mio in low risk investment and the other 2 mio for higher risk portfolio)
My target is when I am 45 years old ... another 9 years from now.
So far I have acquired 3 properties.
wah! seriously u nid so much to retire meh?
omg! I srsly tink 1 mil per person is gd enuff sia :o
my original target is oso to retire at 45yo but now Im having 2nd tots liao :p
If u have minimum 3 fully paid up property in sg u may consider retire. Just a guide no wrong or right. :)
care to share wat type of lifestyle do u intend to lead wif 3 fully paid up ppty?
if tis is the guide, I slog until 65yo oso cannot meet liao la! :(
wah! seriously u nid so much to retire meh?
omg! I srsly tink 1 mil per person is gd enuff sia :o
my original target is oso to retire at 45yo but now Im having 2nd tots liao :p
It is all about lifestyle....:):):):)
1mil to retire also can.... If one is happy with simple things in life, to retire with 1.5K/month also can.... BUT... if illness strike, how?????
Do you know how much it cost to be put up in a nursing home???? Check it out, you will get a shock... Of course we can say we dont want, but what if the person is unable to tend to himself????
have you taken into account life insurance premiums that are still going to go on when you retire??? and also medical insurance - this goes up with age leh....
Do your sums on how much you need and you will get a shock...
Basic needs -
internet line
mobile phone
maintenance fee
property tax
life insurance
medical insurance
marketing
ang pow
transport
etc....
@kellogs - you have a goal and that is great !!!! This is the differential between someone who leaves it to fate and someone who wants to control the destiny... Cheers:cheers1::cheers1::cheers1:
perhaps I sic my calculation here to show u why I feel tat 1 mil per pax is enuff for retirement.
say u r very 长命, still can live for another 40 yrs.
1,000,000 / 40yrs / 12mths = $2082 per mth.
$2k a mth not enuff to sustain a decent retired life meh?
It is all about lifestyle....:):):):)
1mil to retire also can.... If one is happy with simple things in life, to retire with 1.5K/month also can.... BUT... if illness strike, how?????
Do you know how much it cost to be put up in a nursing home???? Check it out, you will get a shock... Of course we can say we dont want, but what if the person is unable to tend to himself????
have you taken into account life insurance premiums that are still going to go on when you retire??? and also medical insurance - this goes up with age leh....
Do your sums on how much you need and you will get a shock...
Basic needs -
internet line
mobile phone
maintenance fee
property tax
life insurance
medical insurance
marketing
ang pow
transport
etc....
opps! medical & insurance ... haven make enuff provision!
tink those without dependents one nid to make provision for nursing home :(
tink I nid to go back n do the sums again liao! :(
perhaps I sic my calculation here to show u why I feel tat 1 mil per pax is enuff for retirement.
say u r very 长命, still can live for another 40 yrs.
1,000,000 / 40yrs / 12mths = $2082 per mth.
$2k a mth not enuff to sustain a decent retired life meh?
Did you take into account inflation?????
What about healthcare????
When old, if you have no one to look after you, do you think you need a maid/nurse???
If everything is fine and dandy, of course ok....
No holiday????
work out the sums on basic needs and you will find your answer... If you rely on property to provide cash flow, you also need to cater for upkeep of the property, agent fee, etc....
Once you have worked out how much you need a month, then you can start to plan what you need to achieve it... If not, everything is empty :cheers1::cheers1::cheers1:
concubine yu -
http://www.aic.sg/uploadedFiles/Individuals_Caregivers/Understanding/Care_Services_Available/Nursing_Homes/MOH-Supplement-on-Nursing-Home-Charges1.pdf
when young work hard for retirement, never take care of health
when retire time comes, all the money he has worked for goes to medical:doh:
when young work hard for retirement, never take care of health
when retire time comes, all the money he has worked for goes to medical:doh:
tats y dun over-slog n damage yr health, it is more costly n not worth it at all.
like my mum is sibeh stubborn one. actually she dun nid to work one la, still go n find a job. earn tat little nia but make herself so tired. dunno wat's she's thinking.
concubine yu -
http://www.aic.sg/uploadedFiles/Individuals_Caregivers/Understanding/Care_Services_Available/Nursing_Homes/MOH-Supplement-on-Nursing-Home-Charges1.pdf
thank u so much, bro chestnut.
n oso for yr retirement 心得.
I feel so naïve on my retirement calculations :o
felt so ashamed to desperately want to retire for fearing of having too much $ :ashamed1:
tink I 乖乖 stick to 45yo la :D
hey ppl,
r u scare tat retire liao will become senile earlier den normal?
wat r u gg to do abt it huh?
my dad retired abt 2 yrs ago n I can see tat his memory etc deteriorate greatly.
but I see grandpa lee (so much older den my dad) de memory n mental state still very gd leh.
thank u so much, bro chestnut.
n oso for yr retirement 心得.
I feel so naïve on my retirement calculations :o
felt so ashamed to desperately want to retire for fearing of having too much $ :ashamed1:
tink I 乖乖 stick to 45yo la :D
It is good to have a dream.... The key is to make the dream a reality....
trust me, when someone ask me have i planned for retirement (at age 39).. I was laughing like crazy... so young and talking about retirement???? He asked me how much I needed... I said, aiya 4-5k/month enough liao.... I went back and did my calculation and I got a rude awakening...
It is good to have dreams which will translate to goals which will provide motivation for one to achieve....:cheers1::cheers1::cheers1:
please do not be dishearten... better to know the reality now than have a rude awakening in the future:):):)
hey ppl,
r u scare tat retire liao will become senile earlier den normal?
wat r u gg to do abt it huh?
my dad retired abt 2 yrs ago n I can see tat his memory etc deteriorate greatly.
but I see grandpa lee (so much older den my dad) de memory n mental state still very gd leh.
Retiring is not about getting up sleeping a lot and getting up late...
retiring to me is about doing things which I never had a chance to do in the past.... Even for retiring, you need to plan things to do, if not you will be bored sick !!!! retiring is about catching up on hobbies...
some people do not want to retire because they will lose power and feel their ego bruised (high level people)....
having a choice to retire is nice... if cannot tahan, go back to work lor...
the worst to me is LL have to work even if you cannot tahan the environment... hahahahahaha
Retiring is not about getting up sleeping a lot and getting up late...
retiring to me is about doing things which I never had a chance to do in the past.... Even for retiring, you need to plan things to do, if not you will be bored sick !!!! retiring is about catching up on hobbies...
some people do not want to retire because they will lose power and feel their ego bruised (high level people)....
having a choice to retire is nice... if cannot tahan, go back to work lor...
the worst to me is LL have to work even if you cannot tahan the environment... hahahahahaha
I agree wif u, retiring means u hv time to pursue something which u hv no time to do so in the past.
for me, perhaps besides nurturing hobbies/interest, I can source for an uncle after retiring so tat we can retire tgt, hahaha :D
but dun hv oso nvm, I can retire alone, np.
actually I wanted to retire long long ago oso becos I feel so bored n meaningless working.
hey ppl,
r u scare tat retire liao will become senile earlier den normal?
wat r u gg to do abt it huh?
my dad retired abt 2 yrs ago n I can see tat his memory etc deteriorate greatly.
but I see grandpa lee (so much older den my dad) de memory n mental state still very gd leh.
Actually once I am not obligated with my current responsibilities I would spend my time on the following
1. Gym - Body Building
2. MMA training (non competitive) - maybe would be a part time instructor.
3. Cooking using fresh local produces especially our lovely wet market produces.
4. Traveling twice a year
5. spend more time with my families and close friends :)
That should be keeping me really busy :)
Actually once I am not obligated with my current responsibilities I would spend my time on the following
1. Gym - Body Building
2. MMA training (non competitive) - maybe would be a part time instructor.
3. Cooking using fresh local produces especially our lovely wet market produces.
4. Traveling twice a year
5. spend more time with my families and close friends :)
That should be keeping me really busy :)
u forgotten 1 thing:
6. take care of grandchildren :D
u forgotten 1 thing:
6. take care of grandchildren :D
haha that one still long way lah ... I am just 36 now and my kids are 7 and 5 only haha
haha that one still long way lah ... I am just 36 now and my kids are 7 and 5 only haha
haha, tis type of thing hard to say one.
my cousin in law similar age to u, her eldest alrdy ard 21yo :D
u will nvr noe if yr kids is tat type who wanted to start settle down early mah.
find a part time job to semi retire first also a good plan
find a part time job to semi retire first also a good plan
A lot ppl talk about getting a part time job when they retired, it is not simple.
A lot ppl talk about getting a part time job when they retired, it is not simple.
it depends on one's definition of part time, I supposed?
if u merely wanna engaged in a lowly paid part time to kill time, there r tonnes available.
but if u wan to do a part time which is enriching at the same time, it is not so easy. many times u nid some experience or skillset in order to do so.
A lot ppl talk about getting a part time job when they retired, it is not simple.
do u mean that employer like to exploit part time workers ?
[QUOTE=Lovelle;456659]do u mean that employer like to exploit part time
Getting a job past 40 is not that easy in Singapore...
mayb u r rite, I dun enjoy my occupation. in fact, I feel bored after working for 1 yr! :scared-4:
working to me is merely to exchange my time for $.
my mind is very active, hehe :D
sometimes I feel sad.
an interesting person living a boring life! haiz :(
Then maybe start something u enjoy or find something u enjoy. frankly there is so long u can holiday for. also the connections to the society etc. unless all ur friends are also holidaying too! ;)
it depends on one's definition of part time, I supposed?
if u merely wanna engaged in a lowly paid part time to kill time, there r tonnes available.
but if u wan to do a part time which is enriching at the same time, it is not so easy. many times u nid some experience or skillset in order to do so.
As long as you are working with people, there will always stress...
Then maybe start something u enjoy or find something u enjoy. frankly there is so long u can holiday for. also the connections to the society etc. unless all ur friends are also holidaying too! ;)
u tink so easy meh? I oso cannot take too long leave for holidays.
but come to tink of it, how many actually enjoy wat one is doing?
I will leave the long holidays to after retiring :D
As long as you are working with people, there will always stress...
I agree, tat's y I prefer to work wif children :)
[QUOTE=Lovelle;456659]do u mean that employer like to exploit part time
Getting a job past 40 is not that easy in Singapore...
i know UOB like to hire tai tai to work part time as bank teller. Not bad, like $10-12 per hour. Half day.
i know UOB like to hire tai tai to work part time as bank teller. Not bad, like $10-12 per hour. Half day.
wah! bank teller de rate so high ar?
I tot chincai o lvl liddat can be teller liao?
I agree, tat's y I prefer to work wif children :)
Hahaha... I prefer to work with 毛孩子 :D
Hahaha... I prefer to work with 毛孩子 :D
hehe, so wat type of jobs allow u to work wif kids?
I oso like to work wif kids.
I tink interact wif kids is far happier den wif adults. at least u wun be disappointed wif the ugly side of them YET :D
hehe, so wat type of jobs allow u to work wif kids?
I oso like to work wif kids.
I tink interact wif kids is far happier den wif adults. at least u wun be disappointed wif the ugly side of them YET :D
nowadays kid.... :doh:
I agree, tat's y I prefer to work wif children :)
You don't just work with children. You have to work with their demanding parents, bitchy co-colleagues & insecure female bosses (generalising here, but preschool education is predominantly female).
You don't just work with children. You have to work with their demanding parents, bitchy co-colleagues & insecure female bosses (generalising here, but preschool education is predominantly female).
u still work wif the kids, juz tat u r accountable to the parents :D
well, u can always choose something whereby there is no colls no boss mah :o eg pte teaching.
[quote=Lovelle;456659]do u mean that employer like to exploit part time
Getting a job past 40 is not that easy in Singapore...
You must have the skill set that is in demand. Nursing is a a good example. So are jobs like speech therapist & physiotherapist. You can open your own consultancy and charge by the hour. Also in demand will be skills relating to special needs children.
opps! medical & insurance ... haven make enuff provision!
tink those without dependents one nid to make provision for nursing home :(
tink I nid to go back n do the sums again liao! :(
Even if you have children, do you think they want to look after you? If they do, count it as a bonus but don't include this as a back-up plan. When they get married, their spouse will also influence them (usually the wife) on the care & monetary contribution towards the parents-in-law.
Just some cases from my experience:
1. Mum has difficulty getting money every month from working child as the child likes to go clubbing every week. Said 'money is tight'.
2. Husband's wife does not like hubby to give money to his mum; so hubby has to do so secretly behind wife's back.
3. Working child has poor financial management. Tons of credit bills and handphone bills unsettled. Mum has to step in to help.
And read today's article in The Straits Times about the old lady whose children sue each other (daughters vs sons) over their $700k HDB flat.
I think my generation of children taking care of their parents (emotionally or financially) in their old age is slowly eroding. Nowadays, our children grow up in a very materialistic world. A lot of temptations abound for them to satisfy their material wants.
A close friend of mine has stipulated to her two children that their job is done when they see them through poly or local university. Any other wish that the children have, such as overseas education, a house or car, sorry, the children have to work for it. And yes, the HDB flat will not belong to the children either. They will monetise the flat in their retirement for their own use.
hehe, so wat type of jobs allow u to work wif kids?
I oso like to work wif kids.
I tink interact wif kids is far happier den wif adults. at least u wun be disappointed wif the ugly side of them YET :D
I am also thinking of handling kids after retirement: to open a home-based after-school center to cater to three to four kids, providing them with three-hours' tuition altogether. Hopefully, I can get sufficient income to support a maid in this way.
but I am quite worried to get a stupid and naughty kid. It is not right to be selective with the kids, either. lol
A close friend of mine has stipulated to her two children that their job is done when they see them through poly or local university. Any other wish that the children have, such as overseas education, a house or car, sorry, the children have to work for it. And yes, the HDB flat will not belong to the children either. They will monetise the flat in their retirement for their own use.
LIKE LIKE LIKE
I am also thinking of handling kids after retirement: to open a home-based after-school center to cater to three to four kids, providing them with three-hours' tuition altogether. Hopefully, I can get sufficient income to support a maid in this way.
but I am quite worried to get a stupid and naughty kid. It is not right to be selective with the kids, either. lol
I dun tink chincai anyone wif $ can juz go n open a after school/child care biz, even if it is home based.
nid some license or cert, no?
honestly 3-4 kids how to break even! :p
I oso dun like si ginna! :mad:
LIKE LIKE LIKE
This friend of mine, I think it's a rare breed in Singapore. Recently, the family took a holiday overseas (the family had to scrimp and save for this holiday) and one of the children wanted to visit a theme park which cost quite a bit of money. And guess what she did? She made the child withdraw his angbao money! At first the child thought the mum was joking but realize she was not when she took him to the bank to withdraw the money!
Sorry, I digress from the topic but then again, if "yang er fang lau (having children as an investment in your old age)" is part of retirement planning, then I guess I am on track.
Retiring is not about getting up sleeping a lot and getting up late...
retiring to me is about doing things which I never had a chance to do in the past.... Even for retiring, you need to plan things to do, if not you will be bored sick !!!! retiring is about catching up on hobbies...
some people do not want to retire because they will lose power and feel their ego bruised (high level people)....
having a choice to retire is nice... if cannot tahan, go back to work lor...
the worst to me is LL have to work even if you cannot tahan the environment... hahahahahaha
true.. many cannot make the transition. I have friends who retire go travel. after 1yr.. bored. there are so much u can travel. while the friends have other social life.. and topics n things to talk abt change.
So its always important to stay mentally active and do something that onces like once the need to chase $$ is no longer needed.
When they get married, their spouse will also influence them (usually the wife) on the care & monetary contribution towards the parents-in-law.
Just some cases from my experience:
1. Mum has difficulty getting money every month from working child as the child likes to go clubbing every week. Said 'money is tight'.
2. Husband's wife does not like hubby to give money to his mum; so hubby has to do so secretly behind wife's back.
3. Working child has poor financial management. Tons of credit bills and handphone bills unsettled. Mum has to step in to help.
walau, I tink yr above points got tendency to generalise in bias of wifey leh.
even though I quite agree, but I got see fair shares of unfilial sons too.
but if assuming the son is the very filial type, whose fault issit to get a wifey who is not filial in the 1st place?
is the son's fault, ok! :tongue3:
Even if you have children, do you think they want to look after you? If they do, count it as a bonus but don't include this as a back-up plan. When they get married, their spouse will also influence them (usually the wife) on the care & monetary contribution towards the parents-in-law.
And read today's article in The Straits Times about the old lady whose children sue each other (daughters vs sons) over their $700k HDB flat.
how to prevent children from not being filial arh?
u r filial doesn't mean yr children will be in the future.
if scare of negative returns, den dun invest in children.
the whole ideas of raising kids is not the returns tat one can expect when u r old.
even if they take care of u doesn't mean yr returns r profitable.
And read today's article in The Straits Times about the old lady whose children sue each other (daughters vs sons) over their $700k HDB flat.
I think my generation of children taking care of their parents (emotionally or financially) in their old age is slowly eroding. Nowadays, our children grow up in a very materialistic world. A lot of temptations abound for them to satisfy their material wants.
u noe y?
last time we got study hao gong ming, but new generation dun study anymore.
tis is very sad. our younger generation is trained to be academically gd but morally bad.
[quote=cavaliver;456660]
You must have the skill set that is in demand. Nursing is a a good example. So are jobs like speech therapist & physiotherapist. You can open your own consultancy and charge by the hour. Also in demand will be skills relating to special needs children.
Agreed. That s why I still renew my practicing license and upgrade my skills although I m taking sabbatical leave this year.
Er... overheads are very high for small business.
Anyway, thanks for sharing :D
I dun tink chincai anyone wif $ can juz go n open a after school/child care biz, even if it is home based.
nid some license or cert, no?
honestly 3-4 kids how to break even! :p
I oso dun like si ginna! :mad:
As a not-for-profit retirement plan, I do not think "breaking even" is a problem, but license is an issue. Maybe, need to "coin" another name for this activity. Auntie/uncle looking after kids does not need license, right?
As a not-for-profit retirement plan, I do not think "breaking even" is a problem, but license is an issue. Maybe, need to "coin" another name for this activity. Auntie/uncle looking after kids does not need license, right?
yes, if u r merely providing nanny svs, u dun nid a license.
but if u r using it as a child care, I tink it is not simply a license, u nid to comply wif some regulation too rite? getting the license oso not so easy cos I believe the operator nid to hv some cert (I guess)
My plan of early retirement is on track with due considerations highlighted by chestnut. The only irony is that I am guarantee a reasonable paying job till 65 in a not so stressful working environment. Big question now: To retire early or later?
Hi DC33_2008,
May I know what is your plan and current progress right now?
Do you plan on low or high risks investment? what type of instrument are you looking at?
My plan of early retirement is on track with due considerations highlighted by chestnut. The only irony is that I am guarantee a reasonable paying job till 65 in a not so stressful working environment. Big question now: To retire early or later?
Bro, having a choice does not mean u need to exercise it....;)
What is means is - u can exercise it anytime u want....when u want it...
Always nice to have an option.... Cheers:D
Well done bro
Thanks Bro! Good to have option but envy your position with time and money to do whatever you want especially at younger age. No point having money and time to travel to country of interest freely at an elderly age with my spouse. People are running a rat race and the race get tougher with more senior people in the corporate world with a beer belly and weaker legs. :D
Bro, having a choice does not mean u need to exercise it....;)
What is means is - u can exercise it anytime u want....when u want it...
Always nice to have an option.... Cheers:D
Well done bro
Thanks Bro! Good to have option but envy your position with time and money to do whatever you want especially at younger age. No point having money and time to travel to country of interest freely at an elderly age with my spouse. People are running a rat race and the race get tougher with more senior people in the corporate world with a beer belly and weaker legs. :D
beer belly and weaker legs can be fixed through proper diet and exercises :D
I have a very good personal trainer for that hehe
I agreed with bro Chestnut also ... good to have the option but does not mean to exercise it.
Trainer can help you to look fit but the body system will never be the same as a 20-year old body due to wear and tear. :) Having been working on creating options in life for a while but it is tougher now as as compared to 10 years ago. Opportunities are far fewer with lower yields and higher risk. A good thing is that I still have some flexibility in my work environment.
beer belly and weaker legs can be fixed through proper diet and exercises :D
I have a very good personal trainer for that hehe
I agreed with bro Chestnut also ... good to have the option but does not mean to exercise it.
Hi,
I have started in year 2004 when I just got married and in year 2009 sold that unit bought another.
Last year 2013 I bought another 2 units.
bro kellogs... in 2013, we are talking about 40% downpayment... I hope you took a loan on the 2 units instead of using cash... Leverage when interest is low and paydown should interest go up....
You can do a simulation on when is the breakeven point before you pay up... hahahahahaha
I can tell you are highly motivated... We do share quite a fair bit in common - like getting married early.... I also have this strange feeling you are at the pinnacle of the corporate ladder... hahahahahaha
Good luck with your future purchase... One thing you might want to consider - look outwards... Do not put all your eggs in one basket...:)
Trainer can help you to look fit but the body system will never be the same as a 20-year old body due to wear and tear. :) Having been working on creating options in life for a while but it is tougher now as as compared to 10 years ago. Opportunities are far fewer with lower yields and higher risk. A good thing is that I still have some flexibility in my work environment.
bro, your statement really true... now if I sleep 2-4 hrs, I see stars... hahahahahaha
bro, your statement really true... now if I sleep 2-4 hrs, I see stars... hahahahahaha
oh? but I tot the older one gets, the lesser he nids sleep? :p
oh? but I tot the older one gets, the lesser he nids sleep? :p
sis, as you age, your body recovery system gets worse... your recovery from say surgery at age 40 takes longer than someone in his 20s.
when you exercise and tear a muscle, it takes longer to heal....
when you are 20, you can cheong a few nites without much sleep and still ok... when you are >40, you cheong 1 nite, you blur like sotong already....
The bottomline is your body takes a longer time to recover...
Machiam like a new car vs a 10 year old car.... hahahahaha
If you have a dog, you will notice the diff in the dog when he is say 1-4 years old and when he is pass 7 years old...
Thats life.... try climbing the great wall of china when you are 60... you will be panting like crazy... hahahahaha
sis, as you age, your body recovery system gets worse... your recovery from say surgery at age 40 takes longer than someone in his 20s.
when you exercise and tear a muscle, it takes longer to heal....
when you are 20, you can cheong a few nites without much sleep and still ok... when you are >40, you cheong 1 nite, you blur like sotong already....
The bottomline is your body takes a longer time to recover...
Machiam like a new car vs a 10 year old car.... hahahahaha
If you have a dog, you will notice the diff in the dog when he is say 1-4 years old and when he is pass 7 years old...
Thats life.... try climbing the great wall of china when you are 60... you will be panting like crazy... hahahahaha
I noe la! now my grey hairs is growing at enormous speed :mad: n Im not tat old leh :banghead:
1 way to deter the speed of deterioration of our physical body is to exercise regularly.
1 way to deter the speed of how our face ages is to laugh more often :D
now anyone can tell me how to deter grey hairs fm growing?
I noe la! now my grey hairs is growing at enormous speed :mad: n Im not tat old leh :banghead:
1 way to deter the speed of deterioration of our physical body is to exercise regularly.
1 way to deter the speed of how our face ages is to laugh more often :D
now anyone can tell me how to deter grey hairs fm growing?
apply some weed killer....
apply some weed killer....
weed killer will turn the grey hairs back to black meh?
sounds very hao siao leh ... u bluff me one issit? :mad:
weed killer will turn the grey hairs back to black meh?
sounds very hao siao leh ... u bluff me one issit? :mad:
u only say STOP grey hair from growing hor.. didnt say want to turn it black..
:D:D
u only say STOP grey hair from growing hor.. didnt say want to turn it black..
:D:D
it will be gd enuff to stop it, cos I can always dye the grey ones.
but how come weed killer can stop the growing leh? den the new part grow out is wat colour?
still not convincing leh .... :47: u r bad salesman, haha
it will be gd enuff to stop it, cos I can always dye the grey ones.
but how come weed killer can stop the growing leh? den the new part grow out is wat colour?
still not convincing leh .... :47: u r bad salesman, haha
wat i meant was something that can kill the root la.. become botak like tharman...nice!
Hi Bro Chestnut,
Yes i took the bank loans :) and when interest rates goes up, i could make capital repayment till the loan amount to 100K to avoid any penalty on those 2 units.
I am highly motivated and runs my own company :) as i quit rat race long time ago.
Currently I am investigating on Japan property for possible passive income due to Olympic and govt policy.
bro kellogs... in 2013, we are talking about 40% downpayment... I hope you took a loan on the 2 units instead of using cash... Leverage when interest is low and paydown should interest go up....
You can do a simulation on when is the breakeven point before you pay up... hahahahahaha
I can tell you are highly motivated... We do share quite a fair bit in common - like getting married early.... I also have this strange feeling you are at the pinnacle of the corporate ladder... hahahahahaha
Good luck with your future purchase... One thing you might want to consider - look outwards... Do not put all your eggs in one basket...:)
Where have you invested in Japan. Are you not concerned about the weakening yen, earthquakes, etc. Do you think Abenomics will work out for Japan in the long run?
Hi Bro Chestnut,
Yes i took the bank loans :) and when interest rates goes up, i could make capital repayment till the loan amount to 100K to avoid any penalty on those 2 units.
I am highly motivated and runs my own company :) as i quit rat race long time ago.
Currently I am investigating on Japan property for possible passive income due to Olympic and govt policy.
Where have you invested in Japan. Are you not concerned about the weakening yen, earthquakes, etc. Do you think Abenomics will work out for Japan in the long run?
Hi Bro DC33
I have not bought any property in Japan ... just look see look see only ...
I have few friends bought apartments at Shinjuku area and so far their rentail yield is decent
It is certainly a vibrant area. I understand that the radioactive (dust) was detected in the alps region weeks after the nuclear plant leakage incident. Just a bit concern.
Hi Bro DC33
I have not bought any property in Japan ... just look see look see only ...
I have few friends bought apartments at Shinjuku area and so far their rentail yield is decent
Powered by vBulletin® Version 4.2.2 Copyright © 2024 vBulletin Solutions, Inc. All rights reserved.