All 3 similar...no need to think so much

OT...

Was reading genxgenygenz latest blog...that guy retired early around 40 with slightly more than 1 mil savings...nice read.

1 thing is he managed to reach that level by 40...

But...

Why stop so early? I guess his priorities are different

bro, 1 mil saving? you must be joking. much much much more than tat!

1 mil small number, how to be chiak biu leow?

how can his 1 mil be compared with pipu with mm?

This post has been edited by yygo: Oct 9 2016, 09:51 AM

Was surprised too...

If you read...he said he will be broke by the time his youngest daughter go to Uni, apart from his EPF...

So to spend 1mil (plus some shares),..in 15-20 yrs with monthly 10k spending makes sense?

Belum kira-kira...

This post has been edited by OPT: Oct 9 2016, 10:04 AM

sold properties then a mm............. rite?

he bot property in austr, son and daughters in austr and wife. 1 mil can last how may years?

u joker!

tun ram said 10 mil.

Yeah, seemed unrealistic...so mean not entirely true lo

1 year in austr, for wife, son, 2 daughters and himself. how much you tink?

1 mil?

1 mil nowadays is not much unless one is retiring and not supporting kids studying overseas. Gen-X is an inspiration in terms of his wealth and his way of looking at life. Like "spend your children's inheritance". Hahaha !

Because of sentimental value..
It's the oldest fund for non bumi..
Everyone have it.. Father, mother, children, grandchildren etc
Example in my extended family. All have asw.. But u compare with as1m, only few have it including me

bro, read oso read wrongly: not first time though.

you said:
he said he will be broke by the time his youngest daughter go to Uni

Gen-X said:
However, I have also told my followers that I will be broke (no CASH) by the time my youngest daughter graduates from Uni.

This post has been edited by yygo: Oct 9 2016, 12:50 PM

Lebih kuranglah...haha

Enough of OT

lebih kurang.

mm sama dengan 1 mil, lebih kurang.

Okay anyone thinking of hunting tomorrow??
Might drop by to test luck

Read this book

The Seven Most Important Equations For Your Retirement

will answer
* how much money do I need
* which depends on answer to how long will I live

Will not give everyone a spot on answer but it is a good guide to start with.

My quick estimate is this

A = yearly expenses / net worth

enough when A is 0.03 or less.

Is the A = yearly expenses / net worth, given by the book ?

I think should replace the net worth by liquid asset excluding primary residence.

Personally, I'd prefer to have around 50:50 between ASM: ASW as both are 6 mths apart.

I think I will still try to top up both ASW and ASM to about same level as AS1M. All 3 to be about same level if possible. Though I do understand the payout is about the same for all 3.

updates,
today be able to top up total 10k. (at pantai timur) All done by last minute 3.5xpm

agreed, as long as dapat units = syukur ad

btw, intially hard to get units.. but now no bullets to top up ad

good trick.. asg is unit trust