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 Share your dream retirement plan, Comments welcomed

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TShksgmy
post Feb 9 2024, 01:07 PM

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Been busy settling the house down - it’s quite fun to kit out a new house and it’s also quite fun to do it without the constrains of a tight budget for once - arrived here about 3 days ago and hit the ground running. The house is slowly but surely turning into a home away from home.

On the way here, on board the flight, I bumped into another one of my patients. So, while wifey was catching up on much needed sleep, I got my patient to make me a cup of coffee and chit chatted a little.

If retirement is gonna be like this, I’d like to retire right away!

This post has been edited by hksgmy: Feb 9 2024, 01:33 PM
TShksgmy
post Feb 11 2024, 11:48 PM

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QUOTE(Cubalagi @ Feb 7 2024, 11:22 AM)
But what are u going to do after that?

You plan to retire early in 50s, thats a lot time in retirement. Whats ur plan?
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Actually that’s my biggest fear of retired life: having nothing to fill my day.

In addition to traveling, I intend to spend my time gardening and growing herbs and vegetables for the kitchen, and also to have good long walks around Ma y of Australia’s national parks for exercise.

Drive to the parks (because I love driving) then walk.

Read books at the excellent public libraries and enjoy watching people go about their hustle and bustle of daily life…

Nurse a cup of coffee while seated at a bistro or little cafe.

I will likely get either a campervan or a caravan and do road trips with the wife - like a grey nomad - around the whole of Australia.

I guess that’s the kind of life I’m looking at, post retirement.

Oh. Finally get down to writing and finishing that book which I started some 20 years ago…

This post has been edited by hksgmy: Feb 11 2024, 11:48 PM
TShksgmy
post Feb 12 2024, 04:19 AM

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QUOTE(lIAmLegendl @ Feb 12 2024, 12:16 AM)
» Click to show Spoiler - click again to hide... «

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Well, you already have an advantage over many others insofar as having an alternative way to make a living should you prefer to earn USD vs MYR. Your green card allows. You to head back to the States and start working and saving up.

It too my wife and I 25 years to plan for this day (and that should answer your question - we’re both in our early 50s) and IMHO it’s never too early to plan ahead.

TShksgmy
post Feb 12 2024, 03:50 PM

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QUOTE(Cubalagi @ Feb 12 2024, 12:44 PM)
This maybe helpful..talking about the stages of retirement.



As for me, I will work for another 5 years or so. Then I plan to work part time in the same industry, probably as a consultant or non exec director. Maybe till mid 60s or longer.
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Hey thanks so much bro! I will definitely take time to listen and view the video… I’m so used to being this highly tuned oiled machine that I’m afraid jamming the brakes suddenly will end up breaking me (in spirit and soul)…
TShksgmy
post Feb 13 2024, 02:55 PM

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Been busy furnishing the house in Sydney - and doing day to day shopping. It’s quite fun actually. Not something I would do in Singapore.

user posted image

To some, this may seem mundane and boring and just another normal routine. To me, it’s actually quite an interesting experience and being semi retired is all about enjoying experiences smile.gif
TShksgmy
post Feb 14 2024, 06:36 AM

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QUOTE(Virlution @ Feb 13 2024, 03:05 PM)
what surburb are you staying at?
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We have properties over at Lower North Shore and Inner City (near the water). We gave notice to our tenant that we wanted our house in the Inner City suburbs back and that’s the one we just finished renovating (took us nearly 3 years because of COVID!).

Are you familiar with Sydney suburbs?
TShksgmy
post Feb 14 2024, 09:57 AM

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QUOTE(Virlution @ Feb 14 2024, 09:50 AM)
House better rent out since you are away for most of the time, unless you have caretakers and gardeners taking care of the property or relative/friends staying around the corner, risk getting break in and misc issues from storms, hail, tree fall, etc...

inner city near water that is good would be Concorde? Five Docks are too noisy. Rich usually will go look at the Eastern surburbs.
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We have a cleaner that comes in to clean the house a couple of days before we arrive.

We had a unit at Edgecliff but we sold it when the prices skyrocketed. Eastern suburbs are too far away from the places that interest me, so we didn’t go back into the market. Too many private schools and getting into city is a real nightmare via Darlinghurst or Kings Cross, so in the end that was a hard pass for me.

I don’t consider myself moneyed enough to hobnob with the elites at Vaucluse smile.gif


TShksgmy
post Feb 16 2024, 03:16 PM

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QUOTE(drbone @ Feb 16 2024, 02:44 PM)
Hi Doc , wouldn't it be the 6th decade , since u are in your early 50s?
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Haha. Maths never my strong point.
TShksgmy
post Feb 27 2024, 09:00 PM

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QUOTE(chesterst @ Feb 27 2024, 01:57 PM)
Avoiding Italy on purpose? If you’re traveling on spring / summer months will be nice stopover to Capri and Positano..

Which part of Swiss do you intend to go?
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Well, the few times we’ve been to Italy, we’ve walked away feeling less than impressed. Capri was a bit of a let down, but that was probably because we went in winter and all the shops were CLOSED. And this wasn’t told to us by the tour guide so we felt a little cheated that we paid extra for the side trip.

We’ve already done Milan, Pisa, Florence, Rome and the Amalfi coast in the past, and there’s no burning desire to do it again.

In Switzerland, we’ll probably retrace the steps we took as poor(er) travellers some 25 years ago.. we did Lucerne, Geneva, Zurich so we’ll do that again, but hopefully stay in a hotel with Airconditioning and a working elevator this time hahaha.
TShksgmy
post Apr 23 2024, 09:12 PM

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A couple of months has passed and I’m just that little bit closer to retirement….

And with most things, plans change for various reasons and given the situation in the Middle East and the ongoing deterioration in Europe what with Ukraine and Russia, waifu has signalled that our original plans for the round the world trip should be put on the back burner in favour of a less volatile adventure.

I’m going to scale back the ambition but scale up the opulence… am now thinking of limiting the retirement trip to a few countries in Asia before heading off to New Zealand and ending up in Australia.

I’ll pen my thoughts in a subsequent post but if you guys who are better travelled than me have any suggestions, I’d be very grateful to hear them!
TShksgmy
post Apr 23 2024, 10:30 PM

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QUOTE(ameliorate @ Apr 23 2024, 10:19 PM)
I'm not trying to sound cruel but if that's what you'll be doing post retirement, I will never retire. It sounds like waiting to die.
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Oh, I’ll still be practicing… part time, maybe 3 days a week.

So I’m not just about to kick the bucket yet…
TShksgmy
post Apr 23 2024, 11:01 PM

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QUOTE(AmpBuster @ Apr 23 2024, 10:58 PM)
i suggest getting a global roaming plan like flexiroam
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How is that different from the normal roaming plans? Thanks in advance
TShksgmy
post Apr 24 2024, 01:04 AM

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QUOTE(pillage2001 @ Apr 23 2024, 11:44 PM)
Late post but damnnnnnnnn those cheese balls.....lololllllll
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LOL. Our helper went over with us as she wanted to see our house and my cars. A lot of the stuff you saw in that cart was for her.
TShksgmy
post Apr 24 2024, 08:26 AM

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QUOTE(AmpBuster @ Apr 24 2024, 08:21 AM)
you cam roam seamlessly to any telco at a fixed rate
no hidden charge or bill shock

unlike most plans that only allow you to roam to a certain country or region at that fixed rate
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Ah, thanks.

Definitely worth taking a look and compiling that into a folder for retirement's use smile.gif

Thanks again!
TShksgmy
post Apr 24 2024, 11:07 PM

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QUOTE(polarzbearz @ Apr 24 2024, 11:04 PM)
Discovered this thread a bit late, but damn, congrats on your upcoming retirement! You've gained a new follower here to follow along your journey. I'm way too far from retirement age but definitely a source of inspiration now thumbup.gif
Don't think I'm qualified yet to give advice, both financially and age/experience wise tongue.gif but time to pick up your hobbies I guess! Gave myself permission to spend at least a couple of hours on hobbies that interest me amidst my chaotic work schedule, while tiring, but definitely helped to give me a sense of purpose in living life (aside from making moolah)
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Maybe one of the new hobbies I’ll pick up when I’m retired in Sydney is to round up fellow Malaysians there and /kopitiam with them in person hahah

This post has been edited by hksgmy: Apr 24 2024, 11:07 PM
TShksgmy
post Apr 25 2024, 09:16 AM

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QUOTE(munkeyflo @ Apr 24 2024, 11:34 PM)
Congrats on your upcoming retirement! I'm sure there'll be plenty to fill your day with. Try out new stuff, work on projects that you've always wanted to! You're still really young so lots of energy compared to other retirees laugh.gif

I saw you mentioned Nordic countries. I recently spent 2 weeks in Iceland (on tour) and 2 weeks in Norway (self drive). Would not recommend to follow a tour. Horrible experience lol. Iceland wasn't really that amazing imo. NZ has equally amazing views. Norway on the other hand, was worth the visit and I intend to visit Norway again in the future. Self drive with all the time in the world (I think 3-4 weeks is ideal) would be the best way to explore Norway. Flying direct from London, we drove from Oslo to Tromso and back down to Lofoten Islands. Did not manage to visit all the other small towns since the drive was pretty long and speed limit was 60-80kmh most of the way, so it wasn't easy to get around if one is trying to cramp everything into 2 weeks. We saw the northern lights from our airbnb and it was amazing.  wub.gif

America has some pretty nice spots too. Depends what kind of travel activities you're into. Might wanna put it on your radar for future trips biggrin.gif

Just a month in NZ? Which part of NZ? Do 1 month alone in South Island and another 2-3 weeks in the north tongue.gif There's tooo many beautiful walks around NZ lol.
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Well, we’ve done large swathes of the North Island as we have a small apartment at Lighter Quay in Auckland that we used to visit (at least until COVID put a stop to all that), so 1 month self drive South Island (much like my SYDNEY to TASMANIA road trip last year) should be more trip than 2 old fogeys can handle hahaha

This post has been edited by hksgmy: Apr 25 2024, 09:16 AM
TShksgmy
post May 21 2024, 04:05 PM

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QUOTE(HolyCooler @ May 21 2024, 03:53 PM)
Congrat! @hksgmy

I plan to retire soon too around mid of 40. Too many things i want to do but being dragged by works!

Luckily i do not like travelling and not interested on sport cars (involved in car accident when i was young (i wasn't the driver), i drive quite slow since then), else i think i will need to work more years to enjoy those things biggrin.gif
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Thank you bro. I count myself lucky that I’m in a position to contemplate early retirement with minimal (if any) adverse consequences on our present lifestyle choices.

The plans I made are quite fluid - while I was quite keen on doing the round the world trip, but the ongoing geopolitical situation is putting a serious dent in that original idea.

I’m hoping things and tension will settle down and I can resume my original plans.

Otherwise, I’ll have to come up with an alternative plan - perhaps more regional travel, but with another level of luxury?
TShksgmy
post May 22 2024, 08:29 AM

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HolyCooler, I’d be both honoured and delighted if you could share with us your retirement plans… mid 40’s is a courageous age to be walking away, especially since you are at the peak of your earning capacity and apex of your career? What does your wife/partner/spouse think?
TShksgmy
post May 22 2024, 03:33 PM

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QUOTE(redza2k4 @ May 22 2024, 03:27 PM)
I really hate the way we can't enjoy our lives because some "big bosses" the ammount of which you can count on your fingers can't control themselves and want to play around with people lives. Really really hate the century I must be living through
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To be honest, every era, every generation would have their personal challenges. My father’s generation was poorly educated, my grandfather’s generation was not only illiterate but lived through a world war.

I’m just blessed and count myself fortunate to have been given the opportunities when they became available and I count myself blessed to have been able to grasp the very same opportunities when they were presented to me.

I understand not everyone is as lucky… but I also believe that if they continued to work hard and make the best of what they have, they too will have a better life than the generation that came before them.
TShksgmy
post Jun 1 2024, 04:46 AM

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QUOTE(mystalyzer @ May 29 2024, 02:28 AM)
Hi, for european travels, I recommend Iceland or Madeira.

You can see my thread about Madeira here:
https://forum.lowyat.net/topic/5360763

However if you been to NZ already, you might not be keen on Iceland

For city break, I actually like Belgium: https://forum.lowyat.net/index.php?showtopic=5353157&hl=

Might be worth a detour if you are heading to the Netherlands

I'm doing Malta+Croatia this year (via cruise), will let you know if that's worth a visit in a few months time
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Actually Belgium gives waifu and I beautiful memories and if there’s one last European trip in our lifetime, I know that’s one place she would love to revisit. We have very close friends in Ghent (or Gent, you’re Dutch or Flemish speaking) and they’ve offered us an open invite anytime…

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