had considered this...

sell the house... every 6～12 month move to a different city or town to enjoy retirement travel... no need to stay at one spot...

fire young got options... retire old no more such energy...

Because my prop are not giving me any cash flow and very illiquid. One is my home, one is a property that I let my parents stay for free and another is a piece of vacant land.

Not really a matter of difficulty… just undecided.
Plus, I still carry over the old corporate habit of evaluating plans by calendar year.
The increase is a bit too steep and might be counterproductive. A gradual increase could work better???

any reason to hold on to the land? if its for capital appreciation, then ok to hold. else the standard thinking is that this is a unproductive use of capital.

Land's capital appreciation generally can give >10% ROI, more if with development potential esp near major town/city.
If hardworking can utilise it to generate an additional 2%.

This post has been edited by MGM: Sep 12 2025, 03:13 PM

I have these props like you, i still count them as part of my NW. but if the assets are not productive i just lump them generally as non-investable assets. Reason being if circumstances change, say for some reason u are short of cash, you can still liquidate your props and go the rental route. In fact reverse mortgage may even become a norm in the future

Good for u if you can just turn on the switch and tune up your spending. My swr is currently at 1.7% and i have already upped spending by a lot. Guess i need to learn to up it even more

Home Flexi Loans are great tools for liquid cash. Basically, if your home is worth RM2m, take the max loan financing e.g. RM1.7m for it and put it back the full RM1.7m cash from the loan into the current account linked to the loan and zerorize the loan. Meaning you pay zero interest on the loan and now have a RM1.7m credit facility on demand. Some banks may charge you a monthly fee of RM10 for this type of facility, but its the cheapest facility for emergency liquid cash when you need it and you may have this facility for the tenure of your home loan. Then top it back up again and zerorize the loan once more when fresh funds come in.

This post has been edited by GeekinE90: Sep 12 2025, 05:06 PM

Cant find buyer for the price I want. Im not desperate amd will wait.

Ooo..but i do count them in if I calculate net worth. I just dont consider them as retirement fund which I work to grow.

Which banks allow this for retiree without active income?
PBB doesnt allow.

This post has been edited by MGM: Sep 12 2025, 07:42 PM

FIRE liao cannot even get credit card... unless private banking... lol...

refinance maybe possible if to banks advantage...


This post has been edited by dwRK: Sep 12 2025, 08:13 PM

Yeah should have applied for this facility n credit card b4 retiring. Thought FIRE is good enuf.

Bank Islam RM told me they can still grant car loan or credit card for retiree if deposit some FD for certain tenure. I didn't explore further.

But it's best to ensure you have credit card and loan processed before out of job.

Glad to see this thread active again. Took me a while to catch up reading lol. One topic of discussion interest me.

Those who earns great income, i believe one mention here rm30k or rm40k, in his 30s or 40s, would they FIRE and leave high paying jobs.

I have a friend who is exactly in this predicament right now. He just got promoted, in a new department and earning quite a good salary already, so the promotion for sure gives him a nice bump in salary.

I know he is a frugal guy and have talked about retiring early before. But with the new promotion and salary bump, i also wonder if he has a change of heart.

Even if he has enough saved to FIRE, working longer also means more buffer in the savings. But it also means his time will be tied up with work as oppose to FIRE where he will get to control what he does entirely, which is basically the purpose of FIRE. But if continue working is something he doesnt mind doing, and he can quit anytime he wants, he still has that control no?

I wish i would reach that level. Not a bad problem to have lol

money cannot finish earning... whilst life has hidden expiry date with random problems...

if you have own plans and agenda... dun need to follow gov's...

You cannot compete against people who can earn like RM30-40k/month if you are not in same profession or same position as him. Know your own clothing measurement and work firm there.

What you can do is be drastic and cut down yout spending to the bare bare minimum until people called you stingy (so be it), invest aggressively. No KWSP or ASB as that is too conservative. Minimum S&P500 or IUIT. Earning amount helps but more important is how much can you keep from that earnings.

Yes have hidden expiry date so need to enjoy life before expiry date and not work until retirement.

This post has been edited by Ramjade: Sep 15 2025, 08:38 AM

bro hardly anyone starts with big fat salary
most of us need time to peak usually at 40 to 45

but if you are impatient you cut down spending
stinge to the max, work and work harder
is one way to compensate and catch up with them,
but not catch up with time as we can never know..

race to reach your destination faster
so that can stop work early
has opportunity costs bro

the uncertainty of life remains...

hard to say though. once it becomes a lifestyle for 30-40 years it's hard to change. that's y many ppl's retirement funds finish very fast because unable to change lifestyle.

Ramjade is telling , dont wait till too late ie at 55 years old baru mahu enjoy...
ie enjoy whilst when it is still not too late

hard to say...?

when people already started enjoying at 30-40 yrs....and they cannot stop...

This post has been edited by guy3288: Sep 15 2025, 12:54 PM

Best is for him to do a proper financial analysis on his situation to see if FIRE is really possible. High income doesn’t automatically mean higher chances of early FIRE. If his passive income is already close to his spending, then he has real options.

Of course, it also depends on his character — how aggressive (or greedy) he is.

And then there’s the flip side. some of us here are already generating decent passive income b4 and after retirement. Like Ram, whose passive income already dwarfs his active income. By the time he fully retires, that passive income should still be sizable… Who knows, your friend’s new “retirement activity” might turn out far more fulfilling than that next promotion and pay bump.

Easy solution.... Don't change the lifestyle. Just maintain lor....

That's what it means for normal fire... Passive income covering spending budget of working life before retirement.