Welcome Guest ( Log In | Register )

13 Pages < 1 2 3 4 > » Bottom

Outline · [ Standard ] · Linear+

> 2 mil more than enough to retire

views
     
TSeddyooi
post Jun 14 2021, 04:05 PM

Getting Started
**
Junior Member
75 posts

Joined: Sep 2013
QUOTE(heavensea @ Jun 14 2021, 04:02 PM)
Ts is dead
K will bash ts is naive because their projected money for retired is 10m ringgit.
10m / 20k = 41.7 years
*
that is for najib livestyle

normal ppl no need 20k

now max i spend also 7k per month....maxx mostly 4-5k can settle nia
TSeddyooi
post Jun 14 2021, 04:06 PM

Getting Started
**
Junior Member
75 posts

Joined: Sep 2013
QUOTE(kelvinfixx @ Jun 14 2021, 04:05 PM)
can? 1 million in EPF?
*
by 55 90% can get it with your annual salary increments and bonus
TiramisuCoffee
post Jun 14 2021, 04:08 PM

Enthusiast
*****
Senior Member
965 posts

Joined: Dec 2013
QUOTE(eddyooi @ Jun 14 2021, 04:01 PM)
majority of us working class can achieve it bro
*

Wow!
& U better check with epf bro, c how many % hv savings 2 last till RIP...

Got stats somewhere... last yr i saw ....

High chance majority kena work till drop! mega_shok.gif

That RM4k now= RM400 future easily... whistling.gif
ApocalypseSoon
post Jun 14 2021, 04:08 PM

Getting Started
**
Junior Member
127 posts

Joined: Jan 2019
Assuming Hyperinflation did not make your retirement $$$ worthless.......
mousqy
post Jun 14 2021, 04:08 PM

On my way
****
Senior Member
681 posts

Joined: Aug 2008


with stable coins you can get 5% APY
kelvinfixx
post Jun 14 2021, 04:09 PM

Regular
******
Senior Member
1,166 posts

Joined: Sep 2011

QUOTE(eddyooi @ Jun 14 2021, 04:06 PM)
by 55 90% can get it with your annual salary increments and bonus
*
90% is very high, I guess it's just 50% at most.
TSeddyooi
post Jun 14 2021, 04:10 PM

Getting Started
**
Junior Member
75 posts

Joined: Sep 2013
QUOTE(TiramisuCoffee @ Jun 14 2021, 04:08 PM)
Wow!
& U better check with epf bro, c how many % hv savings 2 last till RIP...

Got stats somewhere... last yr i saw ....

High chance majority kena work till drop!  mega_shok.gif

That RM4k now= RM400 future easily...  whistling.gif
*
not so bad la


rm4k now maybe rm3k in 20 yrs
KineticKill
post Jun 14 2021, 04:10 PM

New Member
*
Newbie
30 posts

Joined: Dec 2015


QUOTE(kelvinfixx @ Jun 14 2021, 08:59 AM)
The problem is how to get 2 million, 1 million in EPF is very very hard to achieve.
*
Not really.

My current salary income alone, minus other incomes would net me ~2.2 mil by the time I’m 60 at interest rate of 5%, assuming my salary is stagnant at the current level.

The thing is, my salary is not stagnant.

2 mil is doable.
TSeddyooi
post Jun 14 2021, 04:11 PM

Getting Started
**
Junior Member
75 posts

Joined: Sep 2013
QUOTE(KineticKill @ Jun 14 2021, 04:10 PM)
Not really.

My current salary income alone, minus other incomes would net me ~2.2 mil by the time I’m 60 at interest rate of 5%, assuming my salary is stagnant at the current level.

The thing is, my salary is not stagnant.

2 mil is doable.
*
u must be earning rm15k/m now rite?
James1983
post Jun 14 2021, 04:12 PM

💦kencing lettew💦
****
Junior Member
507 posts

Joined: Mar 2008
From: 🍍bikini bottom🍍
What if… ringgit devalues significantly in the next ten years?

e.g. Turkish lira went from
1 USD = 1.18 lira in 2008 to
1 USD = 8.30 lira in 2020
In a span of less than 12 years

Your RM2 million asset in asb or epf also GG

This post has been edited by James1983: Jun 14 2021, 04:15 PM
New Klang
post Jun 14 2021, 04:13 PM

Look at all my stars!!
*******
Senior Member
4,467 posts

Joined: Dec 2010
I target my epf to be 2 million by 60.

I still need to work to earn for my kids university, my first conti car, my first Rolex, my first bitcoin
TSeddyooi
post Jun 14 2021, 04:15 PM

Getting Started
**
Junior Member
75 posts

Joined: Sep 2013
QUOTE(New Klang @ Jun 14 2021, 04:13 PM)
I target my epf to be 2 million by 60.

I still need to work to earn for my kids university, my first conti car,  my first Rolex, my first bitcoin
*
after 60 a bit too old nia

try 50
KineticKill
post Jun 14 2021, 04:15 PM

New Member
*
Newbie
30 posts

Joined: Dec 2015


QUOTE(eddyooi @ Jun 14 2021, 09:11 AM)
u must be earning rm15k/m now rite?
*
Few k’s lower than that for salary
greyPJ
post Jun 14 2021, 04:15 PM

artificially stupid
*******
Senior Member
3,049 posts

Joined: Jan 2003
talk kok only 2m

you have 50k cash now?
9m2w
post Jun 14 2021, 04:16 PM

Victoria Concordia Crescit
*****
Junior Member
844 posts

Joined: Feb 2007


QUOTE(KineticKill @ Jun 14 2021, 04:15 PM)
Few k’s lower than that for salary
*
How much in dividend after your draw a salary from your company tongue.gif
KineticKill
post Jun 14 2021, 04:17 PM

New Member
*
Newbie
30 posts

Joined: Dec 2015


QUOTE(James1983 @ Jun 14 2021, 09:12 AM)
What if… ringgit devalues significantly in the next ten years?

e.g. Turkish lira went from
1 USD = 1.18 lira in 2008 to
1 USD = 8.30 lira in 2020
In a span of less than 12 years

Your RM2 million asset in asb or epf also GG
*
What if…tomorrow never comes?
New Klang
post Jun 14 2021, 04:17 PM

Look at all my stars!!
*******
Senior Member
4,467 posts

Joined: Dec 2010
QUOTE(eddyooi @ Jun 14 2021, 04:15 PM)
after 60 a bit too old nia

try 50
*
I am 50.

My epf is 1m.

KineticKill
post Jun 14 2021, 04:17 PM

New Member
*
Newbie
30 posts

Joined: Dec 2015


QUOTE(9m2w @ Jun 14 2021, 09:16 AM)
How much in dividend after your draw a salary from your company  tongue.gif
*
Salary is not from company.

Dividend on the other hand 🤫
TSeddyooi
post Jun 14 2021, 04:18 PM

Getting Started
**
Junior Member
75 posts

Joined: Sep 2013
QUOTE(KineticKill @ Jun 14 2021, 04:15 PM)
Few k’s lower than that for salary
*
dont worry

should reach it with annual salary increment... once above 15k, easy to hit 1 mil in epf already
BuncitPesonawan
post Jun 14 2021, 04:18 PM

Getting Started
**
Junior Member
132 posts

Joined: Aug 2016
From: Fáskrúðsfjörður



nasib baik dah simpan btc dari 2017

13 Pages < 1 2 3 4 > » Top
 

Change to:
| Lo-Fi Version
0.0246sec    0.54    6 queries    GZIP Disabled
Time is now: 2nd August 2021 - 03:35 AM