hence singaporeans should retire in malaysia... their spending power suddenly multiply by 7 times overnight by just taking this step.

Especially true for those who were previously Malaysians... 

On average, we save more than half of our monthly income, so I’m sure there are others who can do the same. It does take a lot of delayed gratification and self discipline but it’s definitely doable.

I retired at 50, without food n shopping my monthly expenses are approx $2000 (medical insurance, car insurance + maintenance, road tax, petrol, condo maintenance, phone, internet and electric/water. I doubt $3,000 will be enough unless u everyday eat at home and don't do any shopping.

If u have enough funds, early retirement are very possible but you will need at least $10K/month because without working, you have a lot of free time to spend $$. (eat out, holiday n shopping)

Then you will also need buffer against inflation in the future, I would say $15K/month will be a good figure if want to retire early and must have at least $500K spare cash in hand at the age of 80 because no more medical insurance

Like that, then maybe better (a very relative term) to seek treatment in GH in Malaysia... it is almost free....

also, a T01 in SG (ie with 16.1 million ringgit) and above 63 years old, most probably can afford to pay for almost all treatments in private hospital in Malaysia. Normal brain surgery and even open heart surgery for bypass costs below 300K ringgit (saw the whole actual bill for a ex-colleague and a relative). I now really believe that even if one has 100s of millions to spend for medical treatment, the body also cannot endure the hardship of such treatments.

Would you know how much these would cost in SG, out of curiosity?

Whoa bro you need RM40k to pay bills monthly,
and you have so little in cash compared to your RM1.6million income

And that income is not salary but commissions,
if me i would be very worried with so much  bills to pay relying on commissions

listening to these real accident horror stories made me want to get Tesla CYBERTRUCK liao.

these discussion about getting a good safe car, one should not be too picky with the cost....
like that, EV car should be out of the question already... as a serious catastrophic incident basically make the car a mobile missile/bomb with almost no chance of putting off the fire...
scary...

best to keep my old accord around as long as I can...

Relax unker.....technology will keep advancing and maybe can soon achieve 1000km - 1500km range and charge 10 mins in near future... Dun write EV off 1st...

I agree with that. I escaped death twice. split seconds, less than 1 second and Im not here to type anything liao.

just my time haven't come yet.

see the news and the video... suddenly open a sink hole and the woman is gone forever   

I agree with your statement. We fly SQ Suite Class because it’s a full sized single bed. When unfolded side by side, it forms a Queen sized bed for both of us. It does make a difference to the journey and how we feel when we land.

Can’t take a cent away with us when we kick the proverbial bucket. Might as well use what we have prudently and within reason.

Also it’s interesting to note that those that say they earn incredible income almost often always say they don’t have enough time.

I may not be in top 1% in wealth but I am definitely in top 1% in time since I retired early and quit the rat race.

I get to spend plenty of time with my loved ones and doing the things I love, so I see myself as extremely rich in that sense.

It’s a transition soon for me. I hope to get to do something that entice me… need to explore how to fill out the slots.

I actually have a lot of time. Just i have too many hobbies. I have been watching the Singapore Capcom Street Fighter cup for a few hours already today. Gamer's life is the best, i am so glad that i was playing video game since i was 5yo, i never faced the issue that "i will die faster if i stop my work" or "i have nothing to do if i stop my work".