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 Post retirement plan survey

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WongTheThief
post Sep 24 2025, 11:17 AM

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QUOTE(hoonanoo @ Sep 24 2025, 11:31 AM)
I am planning to do this, as I can network with some parents at my child's school.

Maybe buy a big van second hand for 60k and charge per student RM150/mth.
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the charge per student have to be aware how much the competitors/friends charge around the area also

I saw one documentary from the TV3 999, I forgot how much the driver charges but mentioned still not enough to cover the costs, and also ignoring safety of the children by shoving in more than you should inside a school van + letting some sitting on the floor instead of a proper seat + no safety belt.
mizuan
post Sep 24 2025, 11:17 AM

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The plan is to get a small piece of land next to a beachside and build some tiny houses for homestay business. One unit would be where we will live. Wife is a great cook so my potential customers gets a homestay package with home-made meals included.
heinlein
post Sep 24 2025, 11:27 AM

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QUOTE(mizuan @ Sep 24 2025, 11:17 AM)
The plan is to get a small piece of land next to a beachside  and build some tiny houses for homestay business.  One unit would be where we will live.  Wife is a great cook so my potential customers gets a homestay package with home-made meals included.
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Is it building mini dome house?
jojolicia
post Sep 24 2025, 11:29 AM

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QUOTE(hoonanoo @ Sep 24 2025, 10:33 AM)
I don't think I am marketable anymore.

I tried to do something new in my workplace, turns out it didn't work out, I came back to my old job.

Far too risky to try something new. My industry not like IT, go for training you can update, because you really need practical experience. Training courses also very expensive. 2 days like 2-3k and too theory
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Are you qualify to give training, short course, workshop of your expertise? There are many professional training centers, work trade associations and professional body, tie up with them.

If yes, you can start now part time, offer your portfolio to the centers, your expertise specifics, network in, start small workshop, titled short course to the working class adults. Start as in you can still “bank in” your credentials with your current full time position, organisation you are still attached to. Who-of-who you are still

I assume you are 47, you can start now and continue way pass your retirement age 60

This post has been edited by jojolicia: Sep 24 2025, 11:53 AM
KenM
post Sep 24 2025, 11:39 AM

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QUOTE(hoonanoo @ Sep 24 2025, 10:13 AM)
Used to be good business

back 20 years ago, a lot of sole proprietorship accounting firms got business due to this. I don't know about now.

The issue is I wrongly joined a big company, then they put me in a specialised accounting section. I lost touch with the changes in taxation, accounting policies.

To ask for transfer to other dept also hard, nanti I become parachute candidate, and incumbent there felt me intruding into their work.

So kind of stuck where I am.
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i'm sure small enterprises will always exist.. many still don't mind paying for completeness of LHDN submissions..( which big boys don't bother).. taxes changes, like any business, always exist... by visiting the LHDN website, you can easily update yourself... it's like riding a bicycle, once learned never forget!..
start with asking your relatives, neighbors etc for contacts.. you will be surprised
Human Nature
post Sep 24 2025, 11:42 AM

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How to be a kindergarten teacher? Need any cert?
deathTh3Cannon
post Sep 24 2025, 11:42 AM

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what is the goal of doing this things after retire ? money ? pass time ?
TShoonanoo
post Sep 24 2025, 11:48 AM

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QUOTE(WongTheThief @ Sep 24 2025, 11:17 AM)
the charge per student have to be aware how much the competitors/friends charge around the area also

I saw one documentary from the TV3 999, I forgot how much the driver charges but mentioned still not enough to cover the costs, and also ignoring safety of the children by shoving in more than you should inside a school van + letting some sitting on the floor instead of a proper seat + no safety belt.
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of course, I won't resort to that lah...to chuck everyone inside like bus mini.

I can compare rates as there are school bus vans coming to my condo to pick up kids. I can ask around pretending to ask for my kid.
TShoonanoo
post Sep 24 2025, 11:51 AM

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QUOTE(deathTh3Cannon @ Sep 24 2025, 11:42 AM)
what is the goal of doing this things after retire ? money ? pass time ?
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not to strain on my retirement savings.

unless I have 4mil in EPF but I don't have.

also to have something to do rather than sit at home.

touch wood, if no disease or illness, I think I am still healthy. Now I don't have diabetics (touch wood) no high blood pressure (touch wood). I excercise regularly.

I can still work beyond 60yo

I just praying govt will allow retirement past 60yo to 65yo.

cause there are too many retirees out there doing nothing.
keybearer
post Sep 24 2025, 11:52 AM

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What's your targeted monthly, since you remarked the kindy teacher's 3.5k as 'only'?
TShoonanoo
post Sep 24 2025, 11:53 AM

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QUOTE(Human Nature @ Sep 24 2025, 11:42 AM)
How to be a kindergarten teacher? Need any cert?
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no need

of course if you have cert like montisorri, is better la

if you are female more advantageous, kindy tend to prefer women

as men could potentially become pedo bear.
mizuan
post Sep 24 2025, 11:53 AM

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QUOTE(heinlein @ Sep 24 2025, 11:27 AM)
Is it building mini dome house?
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Am looking for materials that can withstand the water vapour from the saltwater. Rust is a big problem for seaside buildings.
TShoonanoo
post Sep 24 2025, 11:53 AM

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QUOTE(keybearer @ Sep 24 2025, 11:52 AM)
What's your targeted monthly, since you remarked the kindy teacher's 3.5k as 'only'?
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looking at 6k to pay for my monthly expenses.

not high lah, still very hard to achieve.

I am talking about post retirement pay.

not pre retirement. 6k hardly enough to survive based on my current spending trends.

This post has been edited by hoonanoo: Sep 24 2025, 11:57 AM
TShoonanoo
post Sep 24 2025, 11:57 AM

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QUOTE(jojolicia @ Sep 24 2025, 11:29 AM)
Are you qualify to give training, short course, workshop of your expertise? There are many professional training centers, work trade associations and professional body, tie up with them.

If yes, you can start now part time, offer your portfolio to the centers, your expertise specifics, network in, start small workshop, titled short course to the working class adults. Start as in you can still “bank in” your credentials with your current full time position, organisation you are still attached to. Who-of-who you are still

I assume you are 47, you can start now and continue way pass your retirement age 60
*
can be done.

but its very competitive. I got to do a lot of research and even attend other trainings to be able to give out trainings.

I made a very big mistake, as said, I joined a big company, they put me into one section in their accounting dept, that is not relevant to general skill sets of accounts. Over the years I lost my competitiveness. To even ask for transfer to another section, is not feasible as the company has this Kiasu culture, of not wanting to share their rice bowl skills.

I more prefer to do tution. As I am passionate to teach my kids. I sit down with them almost every night and weekend, to teach them maths, english, BM and mandarin (even though I don't know mandarin - but i ask my relatives to teach me then I teach them) - train the trainer.
keybearer
post Sep 24 2025, 12:00 PM

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QUOTE(hoonanoo @ Sep 24 2025, 12:53 PM)
looking at 6k to pay for my monthly expenses.
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Can you breakdown why you need 6k? My retired parents spending is 2-3k monthly only. Mana ada youthful lifestyle spending already.

Also have you factored in money from your own retirement fund?
Assuming purely EPF dividend at 5% from 1 mil account is already 50k per annum (~4k per month). That + kindy teacher is already 7k+.
jojolicia
post Sep 24 2025, 12:05 PM

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QUOTE(hoonanoo @ Sep 24 2025, 11:57 AM)
can be done.

but its very competitive. I got to do a lot of research and even attend other trainings to be able to give out trainings.

I made a very big mistake, as said, I joined a big company, they put me into one section in their accounting dept, that is not relevant to general skill sets of accounts. Over the years I lost my competitiveness. To even ask for transfer to another section, is not feasible as the company has this Kiasu culture, of not wanting to share their rice bowl skills.

I more prefer to do tution. As I am passionate to teach my kids. I sit down with them almost every night and weekend, to teach them maths, english, BM and mandarin (even though I don't know mandarin - but i ask my relatives to teach me then I teach them) - train the trainer.
*
Tutoring, you can start now, offer yourself part time to tuition center. Walk in those center, ask, offer say start with the age band same as your kid’s or you offer home tuition directly to your kid’s classmates. Ask your kid go school jiou 1 or 2 as a start.


youngblood29us
post Sep 24 2025, 12:09 PM

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Grab may no longer need drivers in 20 years time..i was considering grab for retirement, but looking at AI and all, maybe dont need drivers in the future

Always wanted to be cop..passionate abt solving murders etc..but never had the chance..might consider being a PI when i retire..of course have to take care of physique smile.gif need to be fit when im 60

This post has been edited by youngblood29us: Sep 24 2025, 12:09 PM
Wedchar2912
post Sep 24 2025, 12:15 PM

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since you have 13 years to go... and am early pre-planning what to do post retirement for extra income, just be cognizant that whatever activity you come out with should not be the type that require too much active attention or active physical participation.

so to be a cab driver etc... should look more... not those type of activity.
TsubakiKira
post Sep 24 2025, 12:19 PM

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QUOTE(hoonanoo @ Sep 24 2025, 11:01 AM)
too risky.

anything happen to baby, the penjaga will be responsible, parents sure press charges.

but not all due to penjaga, we will never know if baby have some illness, SIDS or injured before brought in.
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you can take care of baby but if you don't know the signs you gg. got unknown illness also gg, lagi2 if seizure.
tuition seems like a safe bet, but I am just gonna earn what I can now and save some, hopefully don't need to slog in old age. Want to ensure that I have all my fingers at that age intact without arthritis.
Clueless07
post Sep 24 2025, 12:32 PM

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Long way to go...
but good to start thinking... but still got 13 years to work- and you plan to work more post 60 ka?

I am about same age as you... already plan to slow-down. Wanna do slow living/semi retired type of lifestyle.

of course not easy for me- as me and wife both employed- will need to work at least until 55 until they graduate Really looking forward it.

have a taste though- last few month work been slower than normal- so a lot more free time and a taste of slow living. Really need to find something to occupied. I've done my gardening, aquascape, spend sometime exercise. But also watched a lot of youtubes

need to keep self active physically and mentally... and havings a lot of friends help. i am more of introvert though.... so - need to change and adapt.


But working after 60- no way la- for leisure may be, on hobby and such.

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