yes

why pay when gomen can provide FOC.
unless you cant get what you want here,
then terpaksa pay yourself lah overseas

you so jimat i am sure u also study locally right?

...
problem is gomen didnt control number of medical schools,
more than 32, madness, percapita higher than UK USA etc.

but want to stinge on healthcare budget
no money to pay drs simply say too many drs already
purposely make it no post,
create contract posts to cut corners

by right you allowed so many to graduate
you take them all in
pay them all equally.

close crony mediocre medical schools
set higher entry requirements
go for quality not quantity.

This post has been edited by guy3288: Feb 6 2023, 02:22 PM

Your child did Medic in IPTA?

[quote=Unkerpanjang,Feb 5 2023, 04:59 PM]
[quote=guy3288,Feb 5 2023, 04:29 PM]
Bro Guy, im interested to understand whats next...what is your advice to the other doctors like Aaron, where $150k/year is low n overworked.
Maybe, 4-6 yrs experience?
I dont think DSAI, HM nor MOH DG reading this Unkers forum.

[/quote]
A group of Uncles walked up onto the open stage, the bright Sunday sun cast a majestic glow onto their faces. They gathered to deliver a monologue about a young man named Aaron. Next turn was a young Uncle filled with emotion, and his words flowed like a river as he began to speak.

'Aaron, a young man who dared to dream, to improve, to change the medical world. A man, who, like other young bright students, was not content to simply make obsene amount of money, but to leave a mark, a legacy, a message. He saw beyond the boundaries of the intellectual world and dared to forge a new path where medical practitioners can earn enough to keep the flame of innovation burning.' Uncles voice was filled with passion n conviction, and the forumers were held in silence.

'So, I stand here before you all, to each of you kind sirs n madams as a witness, a testament to the power of a dream, be it the child of a stranger and not just your own, a reminder of the impact one young Malaysian can potentially have on the world. I stand here to pay homage and implore you to spread the message out to our Country Leaders, to honor the contributions n needs to provide step wise improvements to this medical profession, as well as and others. The Leader to honor this needs will ensure his name's to be always remembered n will live on, forever etched in the hearts of future recipients as a true visionary.

And with that, all the Uncles stepped down from the podium and dispersed, their monologue was over. Aaron and all the young bright men like Aaron would never be forgotten, inspiring future generations to come...for the mean time, they have to be strong...as a Musang King durian tree grown from grafted cultivars starts blooming from 7-10 years, but some special ones have been known to be sooner!!!

This post has been edited by Unkerpanjang: Feb 7 2023, 11:49 AM

Unker.
Did you just eat a philosophical pill?

My only philosophy is a bar of AU knocking on my head.

UM
USM

so dramatic
your supporter confused
no like

ha ha ha
unker junjung philosophy

you junjung jongkong Au
so materialistic
.........
....

This post has been edited by guy3288: Feb 7 2023, 02:16 PM


Attached image(s)

Yes. It's less headache, the shiny stuff.

yes
but you polish too shiny nanti eye ache

U r 人生贏家。

Oh, is it? Then i failed in my effort.
I wanted to relate, as the audience/spectator.
Oh nvm. Out of topic.

i m banana
google translate says we are all winnnners together

yeah lah unker better
make it short and simple

no need flowery flowery like that

message lost and
people dont get what you want to say

Hello Bro Guy...pls lah don't text-mining my post lah.
We can be two ships passing in the big ocean at night.
Kam siah.

I lost my mind reading the latest posts here

Message all cut very deep.

It's the retirees causing the problems with their esoteric comments.

you said you failed ma...
not that there is any thing to mine there also

ships that pass in the night only...

bro relax, read it as it is
hidden meaning forget it.

guys, am thinking of taking the next step.

kindly advise if i have left out anything?

assuming if there are flaws or things i left out in the calculation please highlight.

ideally of course hoping that current savings are sufficient to cover and be in self sustaining mode, but of course if inflation rises, can always start "eating" into the current savings.

if anybody is able to help to improve the spreadsheet to say:
inflation rate at 3% to 5%, what would be the current required savings (both basic and upgrade version) value to cover the increase year on year for me to say live another 35 years.
alternatively same scenario applies but without self sustaining model but depreciating savings model.

thanks.

PS: any advise on what to do post retirement? i am currently in mid 40's


Attached File(s)
 Expense_Tracker.pdf ( 193.74k ) Number of downloads: 148

Implicit in your pdf example is that the return on capital (4%) is real rate of return.
Ie, what you are targeting is to have your portfolio earn a nominal return of of around 7% (= 4% real return + 3% inflation), if you are assuming inflation moving forward is 3%. If not, the npv of your portfolio will erode as time passes.

if you assume 5% inflation, then you are basically saying your portfolio needs to earn nominal return of 9%.

I think you now realize that 4% nominal return is not sufficient... need to take riskier investments.

To have a depreciating assets as time passes is harder to example, but would be easier to visualize using a excel spreadsheet. It is similar to calculating mortgage payment of each month and where the payment goes to: reducing outstanding balance or interest payment.

food 500 per month too low typo probably... i family dinner on mother's day ald 800...

traveling i assume is vacation also too low imho...

angpow money and such?

additionally can budget say 5k per year for whatever.... phone, pc, tv, etc...

Do you have paid off properties you can collect rentals? Is your spouse still working? Some of the items are too low...RM500 for food
..how many people eat? Pork prices are crazy nowadays. Normal chicken also exceed RM20 seekor, don't even think kampung chicken . Seafood no need to say. Not enough bro, even for 2.

I am already retired...and I can tell you food you need RM 1.5k at least (not kira fancy restaurants dining). Travelling? Not sure what is that...if vacation cuti cuti Malaysia also very difficult. Recently went Japan Horiday...about RM15k per pax.

This post has been edited by CommodoreAmiga: May 17 2023, 08:27 AM