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> 2 mil more than enough to retire

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TSeddyooi
post Jun 14 2021, 03:49 PM, updated 2 months ago

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1 mil leave in epf or any generating interest


calculation:
1 mil = 5%@ rm50k per year rm4k per month passive .... this money can leave it to compound interest (A)



1 mil to spend ... assumption no interest (B)

i million bahagi 12 months bahagi 20 years = rm4166 per month


so easy to retire with such amount


emergency can use the funds from[B] A[/B] to tambah.

This post has been edited by eddyooi: Jun 14 2021, 03:51 PM
lamer2000
post Jun 14 2021, 03:51 PM

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Apa passive investment that give u 5%. Dream lah if fd gives u that
hellkvr
post Jun 14 2021, 03:51 PM

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More than enough if you have no comitment. Kalau ada anak dan hutang2 lain tak cukup bro
TSeddyooi
post Jun 14 2021, 03:51 PM

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QUOTE(lamer2000 @ Jun 14 2021, 03:51 PM)
Apa passive investment that give u 5%. Dream lah if fd gives u that
*
epf or asb

debonairs91
post Jun 14 2021, 03:52 PM

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QUOTE(lamer2000 @ Jun 14 2021, 03:51 PM)
Apa passive investment that give u 5%. Dream lah if fd gives u that
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Kesian
redic
post Jun 14 2021, 03:54 PM

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your govt will suck u dried
hoilok
post Jun 14 2021, 03:56 PM

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2million without debt ?
Fenix98
post Jun 14 2021, 03:57 PM

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Xcukup...


fantasy1989
post Jun 14 2021, 03:58 PM

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QUOTE(lamer2000 @ Jun 14 2021, 03:51 PM)
Apa passive investment that give u 5%. Dream lah if fd gives u that
*
doh.gif doh.gif doh.gif

---

btw..back to TS questions ..2mil might be enough provided you do not have existing debt and no plan to get anymore commitment (start from now..not 20 30 years later )

Just live normal or sustaining existing lifestyle

And you have enough medical insurance to cover incase shit happen.

This post has been edited by fantasy1989: Jun 14 2021, 04:00 PM
TiramisuCoffee
post Jun 14 2021, 03:58 PM

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QUOTE(eddyooi @ Jun 14 2021, 03:49 PM)
1 mil leave in epf or any generating interest
calculation:
1 mil = 5%@ rm50k per year rm4k per month passive .... this money can leave it to compound interest (A)

1 mil to spend ... assumption no interest (B)

i million bahagi 12 months bahagi 20 years = rm4166 per month
so easy to retire with such amount
emergency can use the funds from[B] A[/B] to tambah.
*
Ehhh, ur RM4k tara Inflation forever... laugh.gif
prophetjul
post Jun 14 2021, 03:58 PM

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No inflation?
Your Rm4166 is not 4166 ten years or twenty years later.
TSeddyooi
post Jun 14 2021, 03:59 PM

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by 50 most of us c40 can retire
kelvinfixx
post Jun 14 2021, 03:59 PM

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The problem is how to get 2 million, 1 million in EPF is very very hard to achieve.
xPrototype
post Jun 14 2021, 04:00 PM

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QUOTE(kelvinfixx @ Jun 14 2021, 03:59 PM)
The problem is how to get 2 million, 1 million in EPF is very very hard to achieve.
*
get a girl then manage onlyfans together
TSeddyooi
post Jun 14 2021, 04:01 PM

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QUOTE(kelvinfixx @ Jun 14 2021, 03:59 PM)
The problem is how to get 2 million, 1 million in EPF is very very hard to achieve.
*
majority of us working class can achieve it bro
heavensea
post Jun 14 2021, 04:02 PM

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Ts is dead
K will bash ts is naive because their projected money for retired is 10m ringgit.
10m / 20k = 41.7 years
Phoenix_KL
post Jun 14 2021, 04:02 PM

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buy mansion, staff salary.
buy lembugenie.
Model gf RM20k allowance.

not enough.


cempedaklife
post Jun 14 2021, 04:02 PM

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Macam yes
RGRaj
post Jun 14 2021, 04:05 PM

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Assuming u wil live long enuf to enjoy all that .
kelvinfixx
post Jun 14 2021, 04:05 PM

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QUOTE(eddyooi @ Jun 14 2021, 04:01 PM)
majority of us working class can achieve it bro
*
can? 1 million in EPF?

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