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?

This post has been edited by hoonanoo: Sep 24 2025, 09:07 AM

nobody wants to take financial advice when I am 60yo.

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.

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.

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

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?

property agent not easy to do.

if no close sale by 3 months, the agency will kick you out.

got quota one.

my retirement won't reach 4mil sorry to say.

And I don't want to strain whatever I have left.

People nowadays live until 80-90 touchwood godwillingly nothing happens to me before that.

also want something to do rather than sit down at home and rot.

This post has been edited by hoonanoo: Sep 24 2025, 10:39 AM

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.

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.

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.

yes avoid capital intensive biz.

I've seen youtube videos about china people spend 1mil to set up restaurants only to be closed after 2 years.

all the money gone.

go for low capital intensive.

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.

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.

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.

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.

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.

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.

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.

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.