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 FI/RE - Financial Independence / Retire Early, Share your experience

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limmmkb P
post Dec 10 2019, 11:59 AM

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Seems like alot of you guys in this thread are much older. So I have a question to seek out your experiences.

Say you had in today's terms a modest figure of RM2mil worth of assets and 2 kids who are already adult and working. (RM2m is net asset position) You are at the age of 50.

What would be your ideal asset mix of that RM2m?

Just wanna hear your opinions as well, cause ive been hearing so many opinions im starting to think some of them are bias smile.gif


limmmkb P
post Dec 13 2019, 09:50 AM

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QUOTE(aspartame @ Dec 10 2019, 01:59 PM)
Are u at 50? What makes u think we are much older oh?

If 50.. are u still working? If still working, then any reasonable combo of FD, EPF, properties and stocks is mostly ok..

If not working, just make sure the assets generate enough rental/interest/ dividend to cover expenses ... maintain some liquid assets just in case...
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Im almost 30, so im thinking about my 40s... If u guys are in your 40s maybe your thinking abt 50s.. who knows..

As part of the RE, i would assume to stop working by 50 and live off investments..

Actually just wanna see people's opinion if realistically RM2m in today's terms in enough or not..
limmmkb P
post Jan 20 2020, 10:57 AM

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QUOTE(kbr3813 @ Jan 18 2020, 05:39 PM)
What would be your expected expenses per year?  The the targeted asset mix would depend a lot on that.
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Hmm i think i didnt get my point across in the right way, like everyone has different level of expenses and lifestyle choices..


But with RM2m, what do you target to achieve as annual return and how would u do it smile.gif.. i think this is more accurate of what i want to ask...

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