Originally Posted by silvooon (Post 22442432)

ya bro,thailand damn nice

Originally Posted by dobebe (Post 22389587)

no definite plan at the moment, location wise i would like to go Thailand!

Originally Posted by MrKopiO (Post 22472445)

Work until got enough saving and buy house in Thailand. Then retired and live like a king 🤴 ::cool:

Originally Posted by fishball (Post 22476335)

Wow. This is one of the very rare quality thread..:)

Originally Posted by fallen11 (Post 22400084)

what i would do if i am in your shoes. Just saying here, to provoke some thinking. Realise that everyone has different dreams, aspirations, responsibilities, background & preferences.

if i am you:

1. The car. what do you need it for if you are going to retire? Car expense in sg makes a big difference. 1st its 140k COE + Car cost, then its 10 years of car usage expense like parking, maintainence, repairs, fuel, etc etc. Add all these costs up over 10 years. Do you know the difference in networth can come out to be like 500k after 10 years? imagine you took all this money and put it into a US stock index ETF, yield 400% over next 10 years. Yes this difference can change your life. Car would be the 1st thing to ditch.

2. Oh the "use CPF OA on your kids' education" thing. They have to pay back to cpf with interest. Coming back to the car again. Why not use the car expense for their education instead?

3. "Singapore is probably the best place'. I tend to agree with this statement. its not best in the world.... but probably better than 90% of the world, overall. Thing about sg is.... People come here to stay, to make an income. The reason why people here are willing to put up such high living cost here is because they can earn more here. It makes sense. But.... if you retire, assuming you do not make active income. Then it doesnt make sense anymore to pay that high living cost to live here. Sg is a place to make money.

I'm not asking you to follow what i say. Its just some food for thought.:)

Originally Posted by fallen11 (Post 22407598)

yes
but have to pay the cost of living in such a good place too.
Cant have it both ways

There are places which are as good and yet cheaper too. Just have to explore and find it. The world is so big.

Originally Posted by Qwertylong (Post 22488317)

will find a place at north thailand retired at they. Far from the big city.

Originally Posted by vinci (Post 22489369)

yea north of thailand is a good location and 1 of my considered places. i also have new zealand in mind.

Originally Posted by NanoBang (Post 22504275)

yea new zealand is nice also.

Originally Posted by shut (Post 22489231)

just a dream though the outskirts of europe like switzerland for me. but more realistic due to money exchange i maybe will settle for thailand / vietnam

Originally Posted by fallen11 (Post 22504966)

The criteria to get a retirement pass in swiss seemed rather vague.
1. be at least 55 yr old
2. have sufficient money to support your living there (it did not state how much)
3. Have health & accident insurance coverage
4. have ties to swiss. Either by family, business or investment. family means you have family who are swiss. business mean you own a business operating in swiss. Investment means you own real estate in swiss. So you probably need to buy real estate there before you start applying for a pass and this is the easiest way.

Originally Posted by Bill97 (Post 22518771)

nice retirement or not depend on your sufficient fund. No fund, no retirement. Big question is who to have sufficient fund?