Gonna retire in 13 years...I must plan what to do after this. I am not sure if government would do extension for retirement from 60 to 65. Last I heard, Madani still discussing.

4 areas I try to ask around, but seem can't get info:

1) KOL - ask how to become one, recently met an in law in law...at a dinner family gathering. This relative can get free restaurant and hotel stay but must provide feedback. Ask how she does it, but suddenly become hesitant due to trade secret

2) tution teacher - asked a friend haven't met in years, pretending to seek tution for my child to ask for information. But he appeared hesitant. He has experience in setting up tution planner website where parents seeking tution for thier children can find teachers via the website. It failed after some years. He has a local univeristy degree in which he uses it to promote his tution abilities. He used to work for commercial until one day, he could not get along with his boss, he quit and went full tution at 35yo. He's been doing tution ever since, teaching all sorts of subjects. I wonder how he networks and find clients. He is single so can survive on his own la.

When ask, he hesitant and want to excuse himself.

3) real estate
Asked a friend on this one. Sounds very tough. He says first start with your friends and family network. Then talk to other real estate agents to share client list.

Have to find seller, have to find buyer. Wow, double work man.

not easy.

Another relative doing the business tell me got quota one, if not achieve one sale or rent, in 3 months, out you go. Also very hard to meet seller demands, sometimes they demand the sky but buyer also look for thier own specs.

4) kindergarten teacher
A relative retired as an accountant and now working at a kindy as part time teacher. Only earn 3.5k a month.

5) Grab car
I used to think of wanting to do airport taxi services. I know a director friend who got laid off, he decided to use his Vellfire as airport taxi for VIP clients.

back 15 years later, I thought of becoming a taxi driver. But now with grab destryoed the traditional business. I don't think its easy to be grab driver, anyone doing it? seems like the margin is kind of low. Any difficulty in doing this? what more your car needs to be 5 years old, right?

6) Baby sit business
This is one need lesen?
But too high risk as baby may fall sick or injured outside, nanti blame me, I do not want anything happen to baby then I become responsible, nanti kena arrested. Have to install CCTV, have to watch baby. I have experience in raising babies as I have taken care personally of my kids.

Anything else i missed?

Retire still need to work? Then should not retire in the first place.

Retire still need to work? Then should not retire in the first place.

Gonna retire in 13 years...I must plan what to do after this. I am not sure if government would do extension for retirement from 60 to 65. Last I heard, Madani still discussing.

4 areas I try to ask around, but seem can't get info:

1) KOL - ask how to become one, recently met an in law in law...at a dinner family gathering. This relative can get free restaurant and hotel stay but must provide feedback. Ask how she does it, but suddenly become hesitant due to trade secret

2) tution teacher - asked a friend haven't met in years, pretending to seek tution for my child to ask for information. But he appeared hesitant. He has experience in setting up tution planner website where parents seeking tution for thier children can find teachers via the website. It failed after some years. He has a local univeristy degree in which he uses it to promote his tution abilities. He used to work for commercial until one day, he could not get along with his boss, he quit and went full tution at 35yo. He's been doing tution ever since, teaching all sorts of subjects. I wonder how he networks and find clients. He is single so can survive on his own la.

When ask, he hesitant and want to excuse himself.

3) real estate
Asked a friend on this one. Sounds very tough. He says first start with your friends and family network. Then talk to other real estate agents to share client list.

Have to find seller, have to find buyer. Wow, double work man.

not easy.

Another relative doing the business tell me got quota one, if not achieve one sale or rent, in 3 months, out you go. Also very hard to meet seller demands, sometimes they demand the sky but buyer also look for thier own specs.

4) kindergarten teacher
A relative retired as an accountant and now working at a kindy as part time teacher. Only earn 3.5k a month.

5) Grab car
I used to think of wanting to do airport taxi services. I know a director friend who got laid off, he decided to use his Vellfire as airport taxi for VIP clients.

back 15 years later, I thought of becoming a taxi driver. But now with grab destryoed the traditional business. I don't think its easy to be grab driver, anyone doing it? seems like the margin is kind of low. Any difficulty in doing this? what more your car needs to be 5 years old, right?

6) Baby sit business
This is one need lesen?
But too high risk as baby may fall sick or injured outside, nanti blame me, I do not want anything happen to baby then I become responsible, nanti kena arrested. Have to install CCTV, have to watch baby. I have experience in raising babies as I have taken care personally of my kids.

Anything else i missed?

can study and take exams and become a financial advisor/wealth management consultant. better than being just an insurance agent. got no age limit to it.

I have a plan but don't know if it's profitable

Become a bus/van drivers for school kids/students
- Get a PSV license -> which is a must
- Apply for class E license -> if you plan to drive a big school bus, else it's just PSV license with D license for regular school van (if I'm not wrong)

since you will have plenty of time when you are old so might as well train yourself to drive a van/bus, just make sure you fetch the kids and drop them off to school on time every morning + afternoon +/- evening

currently workin in gomen sector? continue back work in same sector since u got experience.

it all depends r u ready to fully retire and u onli find job to fill up ur excess time. but from choices u put, seems like u lookin for big bucks....

currently workin in gomen sector? continue back work in same sector since u got experience.

it all depends r u ready to fully retire and u onli find job to fill up ur excess time. but from choices u put, seems like u lookin for big bucks....

gonna highlight some points:
1) KOL never wanna share their trade secrets, and personally won't recommend.

4) 3.5k a month means you have to really adjust your expectations on how to live post-retirement. better than pensioners that only get 1k+ monthly. still within livable wage.

5) can either use your car or buy a bezza just for this, but again maintenance, petrol, tyre change all you have to bear. earning margins are getting smaller since more people are opting to do grab/rider.

6) no need lesen but you have to babyproof and really care for the baby/kid. cannot do this without having passion because each baby is gonna be different.
I already recommended using AI to generate socmed content for money if you really want a side, side income but this is purely luck based.
or sell bundle clothes/toys/stuff live on tiktok/tele and stash that in FD or something so that your future a little less bleak.

My mom already pass 60. Already retired. Now every week work 2 days=1 month 8 days got 2.5k. Other days rest at home or work part time property agent. Not about the money but more flexible can rest in between earn also.

Mind also relax and not tide up like 5 days per week.

Retire still need to work? Then should not retire in the first place.

if good to think further, in case your employment no giving contract after 60yo. if that time financial free, maybe semi-retired work like freelance like grab,part time job

I have a plan but don't know if it's profitable

Become a bus/van drivers for school kids/students
- Get a PSV license -> which is a must
- Apply for class E license -> if you plan to drive a big school bus, else it's just PSV license with D license for regular school van (if I'm not wrong)

since you will have plenty of time when you are old so might as well train yourself to drive a van/bus, just make sure you fetch the kids and drop them off to school on time every morning + afternoon +/- evening

just ask yourself what you are very good at.. everyone has a special talent..
if you don't know, just expand on what you're doing now.. instead of working for someone, work for yourself!..
if you're thinking it's easy, then continue to work for others.. only people who persevere will be rewarded

many ppl experience eyesight problems when they get older..

don't do any business. you gonna drain all your savings in few years

baby sitting is very risky business. If baby injured or touch wood died due to SIDs, you can become accountable and polis open case.

SOCMED like how to do?

Exercise and eat healthy

I know a guy at 37yo already got type 2 diabetics, high blood pressure due to excessive smoking

I know another guy at 55yo, perfect scores, heart pressure macam marathon runner, because he exercises.

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.

nirvana agent, private uncle school transport, security guard, open stall, cashier at fast food chain

That's why have to really jaga2, don't sleep on tummy and all that. But risky lo like you said.

For socmed like fb reels, yt shorts, can use AI to generate images, video and voiceover. But need to pandai a bit. If I have the time I will definitely give it a go. Also like I said not guaranteed.

Just get a SUV, like alza etc, take 6 student, cukup. Dont go thru the hassle of going the commercial path.

Its better if you can find a few students that goes further, like my house got school within 1km, no point that one cannot earn much. Some parents send their kids to school like 20km away, that one is a better route for u.

I was seeking for gravesite for my parents, contacted one of them...their prices are crazy.

160k for twin size, bearevement services, tombstone, area rectification.

think its a hard sell, unless you are selling to the rich.

went to one area in shah alam, compare vs klang...klang is nice but new place. I just want to see what happens 20 years later and the shah alam site is the answer. You just take a look lah, I won't comment here, but to me it looks run down.

Gonna retire in 13 years...I must plan what to do after this. I am not sure if government would do extension for retirement from 60 to 65. Last I heard, Madani still discussing.

4 areas I try to ask around, but seem can't get info:

1) KOL - ask how to become one, recently met an in law in law...at a dinner family gathering. This relative can get free restaurant and hotel stay but must provide feedback. Ask how she does it, but suddenly become hesitant due to trade secret

2) tution teacher - asked a friend haven't met in years, pretending to seek tution for my child to ask for information. But he appeared hesitant. He has experience in setting up tution planner website where parents seeking tution for thier children can find teachers via the website. It failed after some years. He has a local univeristy degree in which he uses it to promote his tution abilities. He used to work for commercial until one day, he could not get along with his boss, he quit and went full tution at 35yo. He's been doing tution ever since, teaching all sorts of subjects. I wonder how he networks and find clients. He is single so can survive on his own la.

When ask, he hesitant and want to excuse himself.

3) real estate
Asked a friend on this one. Sounds very tough. He says first start with your friends and family network. Then talk to other real estate agents to share client list.

Have to find seller, have to find buyer. Wow, double work man.

not easy.

Another relative doing the business tell me got quota one, if not achieve one sale or rent, in 3 months, out you go. Also very hard to meet seller demands, sometimes they demand the sky but buyer also look for thier own specs.

4) kindergarten teacher
A relative retired as an accountant and now working at a kindy as part time teacher. Only earn 3.5k a month.

5) Grab car
I used to think of wanting to do airport taxi services. I know a director friend who got laid off, he decided to use his Vellfire as airport taxi for VIP clients.

back 15 years later, I thought of becoming a taxi driver. But now with grab destryoed the traditional business. I don't think its easy to be grab driver, anyone doing it? seems like the margin is kind of low. Any difficulty in doing this? what more your car needs to be 5 years old, right?

6) Baby sit business
This is one need lesen?
But too high risk as baby may fall sick or injured outside, nanti blame me, I do not want anything happen to baby then I become responsible, nanti kena arrested. Have to install CCTV, have to watch baby. I have experience in raising babies as I have taken care personally of my kids.

Anything else i missed?

my current skills as Accountant doesn't sell anymore after retirement.

its too competitive, if I know some skill, there are most likely people 20 years younger than me that knows the same skills.

Nobody wants to hire 60yo, to do this. I mean when I reach 60yo.

my current skills as Accountant doesn't sell anymore after retirement.

its too competitive, if I know some skill, there are most likely people 20 years younger than me that knows the same skills.

Nobody wants to hire 60yo, to do this. I mean when I reach 60yo.

whoa 160k is really cut throat.

but they always ask people for pre-planning :X if buy after death even more expensive, they called it instant case.

this is a skill AI can take some but not all the tasks.. manual effort is still required..
i will ask you to consider looking for small enterprises for business.. many startups concentrate on building their business, but not enough $ to maintain a account staff.. if you offer a procedure to them, with your providing the backend up to preparing, submitting and getting the appropriate tax filing... am sure they will give you the business..
always remember, no one is good at everything.. entrepreneurs are good at their business but not at keeping books..
similar to art shops that sell art materials, they are not artists..or a computer salesman, he's not good at running a business.. concentrate on your niche

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.

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.

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

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.

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.

what is the goal of doing this things after retire ? money ? pass time ?

How to be a kindergarten teacher? Need any cert?

Is it building mini dome house?

What's your targeted monthly, since you remarked the kindy teacher's 3.5k as 'only'?

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

looking at 6k to pay for my monthly expenses.

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.

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.

they keep saying if you buy now will cheaper
of course cheaper lah they purposely do it one

touch wood if sudden death, they will cut throat you.

that's why they make you buy early.

160k is for twin burial. If you want cremation and columbarium of course cheaper lah. I dunno how much, maybe 40-50k including bereavement.

Of course, having everything done for you is a big relieve you don't have to worry about funeral arrangements. But I tell you, an example, my friend's mum recently passed away. I went to pay my last respects. Their burial site in Semenyih, but funeral held at Sg Besi one.

At the funeral parlor, inside very luxurious can fit up to 200 people, but you know what? every day only about 5-6 turned up for the funeral. Also outside, the hall, can fit another 100 people, to sit around to have refreshments. So few people came for the funeral, I felt that my friend really overpaid lah.

Gonna retire in 13 years...I must plan what to do after this. I am not sure if government would do extension for retirement from 60 to 65. Last I heard, Madani still discussing.

4 areas I try to ask around, but seem can't get info:

1) KOL - ask how to become one, recently met an in law in law...at a dinner family gathering. This relative can get free restaurant and hotel stay but must provide feedback. Ask how she does it, but suddenly become hesitant due to trade secret

2) tution teacher - asked a friend haven't met in years, pretending to seek tution for my child to ask for information. But he appeared hesitant. He has experience in setting up tution planner website where parents seeking tution for thier children can find teachers via the website. It failed after some years. He has a local univeristy degree in which he uses it to promote his tution abilities. He used to work for commercial until one day, he could not get along with his boss, he quit and went full tution at 35yo. He's been doing tution ever since, teaching all sorts of subjects. I wonder how he networks and find clients. He is single so can survive on his own la.

When ask, he hesitant and want to excuse himself.

3) real estate
Asked a friend on this one. Sounds very tough. He says first start with your friends and family network. Then talk to other real estate agents to share client list.

Have to find seller, have to find buyer. Wow, double work man.

not easy.

Another relative doing the business tell me got quota one, if not achieve one sale or rent, in 3 months, out you go. Also very hard to meet seller demands, sometimes they demand the sky but buyer also look for thier own specs.

4) kindergarten teacher
A relative retired as an accountant and now working at a kindy as part time teacher. Only earn 3.5k a month.

5) Grab car
I used to think of wanting to do airport taxi services. I know a director friend who got laid off, he decided to use his Vellfire as airport taxi for VIP clients.

back 15 years later, I thought of becoming a taxi driver. But now with grab destryoed the traditional business. I don't think its easy to be grab driver, anyone doing it? seems like the margin is kind of low. Any difficulty in doing this? what more your car needs to be 5 years old, right?

6) Baby sit business
This is one need lesen?
But too high risk as baby may fall sick or injured outside, nanti blame me, I do not want anything happen to baby then I become responsible, nanti kena arrested. Have to install CCTV, have to watch baby. I have experience in raising babies as I have taken care personally of my kids.

Anything else i missed?

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+.

few years ago the plot I think around 40-50k for 2, single plot 20-30k.

wake package I think around 25k also of course you can upgrade to higher package.

those agent just wana earn their comission, cos once a life time thingly just like marriage :X

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.

nursery/daycare business is good, but try to avoid taking care of infant as it is very risky.

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.

I am thinking of tutoring for higher age like secondary, that's where the money is.

maybe I can start part time for primary chinese school after tution, but I need to brush up my mandarin first.

I will start self study of maths and add maths.

Tutor good idea- though aim for IGCSE year 10 or year 11. market is there and better price.
KOL... old people hard to compare to new guys la, and after 13 years- dunno how this profession evolves.
if keen to do, why not start small small now?
Real estate is not really easily.. need good network for seller and buyer. Also very much depends on luck

I am thinking of tutoring for higher age like secondary, that's where the money is.

maybe I can start part time for primary chinese school after tution, but I need to brush up my mandarin first.

I will start self study of maths and add maths.

Yeah start horning now, part time if need be, don’t wait til a switch over at 60.

I do think yourself as a part time tutor at tuition centers is a good start. For networking for materials for being in a class experience for student/ tutor / parent interactions for segment market survey all for the ground work

Tutor also need networking.

how to get?

but at least can self train up for being a tutor.

I am not sure the market for 60yo and above tutor.

I don't have patience for being a real estate agent.

Tutor network easier to build- in my opinion.
Start with cheap, give trial class.

Also important is to make the student confortable, use positive encouragement.
i dont mean do large class ya, small group 3-4 at most.

of course.

I think only 2% of retirees in every company gets to be extended

you really need to be favorite of the big boss or you have a very special skill the co appreciate.

Unless govt Madani suddenly extend retirement to 65yo, then I am not very worried.

infant risky, even small children are risky.

Am looking for materials that can withstand the water vapour from the saltwater.  Rust is a big problem for seaside buildings.

Gonna retire in 13 years...I must plan what to do after this. I am not sure if government would do extension for retirement from 60 to 65. Last I heard, Madani still discussing.

4 areas I try to ask around, but seem can't get info:

1) KOL - ask how to become one, recently met an in law in law...at a dinner family gathering. This relative can get free restaurant and hotel stay but must provide feedback. Ask how she does it, but suddenly become hesitant due to trade secret

2) tution teacher - asked a friend haven't met in years, pretending to seek tution for my child to ask for information. But he appeared hesitant. He has experience in setting up tution planner website where parents seeking tution for thier children can find teachers via the website. It failed after some years. He has a local univeristy degree in which he uses it to promote his tution abilities. He used to work for commercial until one day, he could not get along with his boss, he quit and went full tution at 35yo. He's been doing tution ever since, teaching all sorts of subjects. I wonder how he networks and find clients. He is single so can survive on his own la.

When ask, he hesitant and want to excuse himself.

3) real estate
Asked a friend on this one. Sounds very tough. He says first start with your friends and family network. Then talk to other real estate agents to share client list.

Have to find seller, have to find buyer. Wow, double work man.

not easy.

Another relative doing the business tell me got quota one, if not achieve one sale or rent, in 3 months, out you go. Also very hard to meet seller demands, sometimes they demand the sky but buyer also look for thier own specs.

4) kindergarten teacher
A relative retired as an accountant and now working at a kindy as part time teacher. Only earn 3.5k a month.

5) Grab car
I used to think of wanting to do airport taxi services. I know a director friend who got laid off, he decided to use his Vellfire as airport taxi for VIP clients.

back 15 years later, I thought of becoming a taxi driver. But now with grab destryoed the traditional business. I don't think its easy to be grab driver, anyone doing it? seems like the margin is kind of low. Any difficulty in doing this? what more your car needs to be 5 years old, right?

6) Baby sit business
This is one need lesen?
But too high risk as baby may fall sick or injured outside, nanti blame me, I do not want anything happen to baby then I become responsible, nanti kena arrested. Have to install CCTV, have to watch baby. I have experience in raising babies as I have taken care personally of my kids.

Anything else i missed?

pet hotel

I feel you need to invest a lot money before making profits

Retirement is whenever you are ready to, not when Madani govt dictates you to.
Its more for govt servants. You may retire earlier when you are fed up of the rat race/daily grind, and have enough passive incum and savings to get by.

Am looking for materials that can withstand the water vapour from the saltwater.  Rust is a big problem for seaside buildings.

Agreed.  It could be my second option now.  Already thinking of a different plot somewhere near small streams of fresh water instead of the beaches. Like those you can find in Janda Baik.  Lesser maintenance headache.

usually private follow govt.

yeah I don't mind

if they set to 65yo, i work as far as I can.

I can drop out before 65yo, but at least I can opt until 65yo.

to be honest, I don't want to sit down at home do nothing with no income.

For me, retirement is only when I am unable to work well anymore due to bad eye sight, slow, brain slowdown.

I suppose the age is 65 or 68 because as of now, I have no health issues...touch wood

can study and take exams and become a financial advisor/wealth management consultant. better than being just an insurance agent. got no age limit to it.

Just also keep in mind the remaining healthy years you have got left after retirement.
You dont wanna work, work work and dont leave enough time to enjoy life.
No point accumulating money till the end and then end up leaving it as inheritance to somebody else to enjoy.

Actually was thinking about this option but seriously, would anyone pay for financial services/plans when abundance of info is out there in the net

Actually was thinking about this option but seriously, would anyone pay for financial services/plans when abundance of info is out there in the net

not enough lah.

I wanted to make at least net 5-6k a month.

you take a few students, just earn only like 600 ? 200 per student?

My kid's school is about 5km away but I have no time to send, need bus.

Am looking for materials that can withstand the water vapour from the saltwater.  Rust is a big problem for seaside buildings.

Bro, susah 🤔. Non metal based material should be ok I guess

net 6k a month, thats more  then your current employment?

Its not easy to make net 6k after retirement..