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I told my boss and colleagues i retiring early at 55 from june 2025. They asking me if this is a good plan ? I think is mainly because any staff leaving there will be no replacement 😅

Going forward as public housing price rockets to $1m and higher, children will have less and less to give to parents who may suffer more than current cohort of elderlies. This is assuming asset appreciation continues. Its unlikely the prices stop going up or go down as that will lead to pap harder to stay in power. So I feel that the bubble will one day burst

Excellent sharing! Just that the background noise is distracting. A quieter place would make this a more pleasant listening experience. I enjoyed your sessions!

For property investment in malaysia, it seems KL will be a better bet. For JB, better to rent and stay. Lots of units and supply to choose from. Best is you own Sg property, can rent out and stay in JB. Retire, road trips, makan.😂

I understand the developer is renting out unit. please comfirm

I will ask my grown up to login to their cpf account, and transfer my bank saving to their SA once a year.😅

Jai Hind. Earn some money like 1M65, save for rainy day. Earn big money like 5M65, can enjoy holiday retirement life first.

He is talking as if he knows jb and Malaysia market well. I wonder if he has changed his tune on investing in property since he started talking?? What he paid might be affordable by Singapore standard but might not be cheap by Malaysian standard. Abd Malaysian market is generally over supplied and market is weak. Jb enthusiasm may be speculative but not sure of it's sustainable.

I believe can. If u only live in heartland neighbourhood and never go out of that neighbourhood or Orchard or anything like that. No overseas travelling our eating out.

Yes it is good to safeguard our money with good interest but it is important to have freedom to withdraw certain portion at certain age. 5k to withdraw at 55 should revise to 10k base on present cost of living😅

I'm 74 now, retired at 60, spend 30 k +- annually ,receive 50k +- annually from CPF and investment returns .am i ok with this?😅

She can't say NO...

Still considering whether ro go for Enhanced Retirement Scheme

I think contributing to child CPF is one of the worst move out there. Not talking about policy change only, but the fact that the money is locked up for 50 years, even if there are 90k when they are 21, they cannot use or grow it at all! We should provide the monetary support to them when they most needed it (in their 20s, 30s?), not when they are 55, 65 or older. The best parents can do is equip them with the knowledge in finance, not just a lump sum of money.

I do not like others to manage my money aka CPF, cause garmen can anytime change rules and we had to just suck thumb. Thus, I'll be leaving just the BRS and use that amount to invest.

when you reach mandai horizontally is when you are fully retired .

Actually i may find it a bit wierd in this interview because the POSB lady is explaining some very basic financial advice, tips, insurance, tax matters to a very highly revered financial advisor veteran in this field. It is like explaining how to do 1+1, 2+3 to a mathematics professor.. I think if the host is say CNA Talking Point where the host is a pure host and not a financial sexpert, then it won’t be so wierd.

If we buy the POSB products, can give us free that blue colour squirrel soft toy in front of the lady in the video?

Nice sharing Josh. Thank you 🎉

Nice video. My kid (5 year old) has special needs which spurred me to start investing properly 4.5 years ago. I'm 32 this year and my portfolio is 100% equities. The covid-19 crash which tanked my portfolio -75% made me realise that I'm very comfortable with volatility and risk. Rode the PLTR wave up from 7 dollars and still holding. For parents less comfortable with risk, I agree with broad based ETF or CPF SA but not endowment.

New studio?

lynette got invest in dbs?

coast/barista fire ftw!

Thank you Josh for such great content and conversation!

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Those in the SEZ can transact for less than 1 mil. For own stay it's ok. 1 bedder, which is quite large, 600 sqft, is around 300 to 400k rm. Don't need to be walking distance to any amenities. In JB, get a car and you can go anywhere. For retirees, everyday go gym, swim in the condo. It may in fact lengthen ones' healthy time. Food is aplenty and of good value. Even after 20 years, the value of the condo is 0, the 100+k sgd is still well spent. After that, come back to SG to finish off the last bit of life.

Just rent out one room of your hub flat, you can rent a studio/1 bed condo unit in R&F. Stay there and enjoy! No need to buy. The other factor that didn’t touch here is exchange rates. Singaporean buying condos 10 years ago mostly suffered losses as it used to be about RM2.5 to S$1! Now it’s about RM3.30 to S$1. Even if you make a little, the exchange rate still net off your gains….

So how for those locked in legal battle - A Good BUY becomes a GOOD BYE hahahaha

Yes agree I go to Vietnam Cambodia Jakarta no problem just be alert. I don't got robbed nor mugged

JP housing investment can't be an investment. You can only buy one and be a weekend holiday place. Even though, I hv a truce case to share. My brother in law has a small landed in JB. Bought only a few years but resale value already keep dropping. Want to pass over to his 2 sons but none wants to take over. So, they hv to drive in and out continuously over the weekend to 'enjoy' it. When they first got the house, it was like a dream come true to stay in landed. Now, they start to feel that retiring in Singapore is better for them. Medical concerns are one of the reasons. Also, they hv admitted that staying long term in JP is not healthy. As everything there is so much cheaper than in Singapore, everyone who goes there usually tends to eat uncontrollably.

For 1.95m ringgit and putting it to proper investment..... i can live in China, Taiwan, Japan with Airbnb forever and is not stuck at JB...LOL... anyway, his choice...

Excellent video. I had terrible experience with agents . As I worked overseas I’d rely on the agent to keep an eye on the property. The unit was ruined within 5 years and I had to renovate costing me more than a years rent. Unlike in Australia agents would conduct a quarterly inspection with photos to ensure tenants upkeep the property. I changed agents but things just got worse. The new agent asked me to sign a lease + sale agreement just when covid hit. Property prices was dropping. So no sales offer. She managed to get a tenant quickly and I was happy. 6 months passed and I got a call fro, her saying she has sold the unit and collected a down payment and if I didn’t agree to sell I need to pay a penalty. Looking back I should have asked her for written proof etc. but she kept calling me saying I am liable and I signed an agreement. As I turned 55 that year my sales money was locked up in RA leaving me not enough cash to buy a 2nd home. Very disappointed

Ryan is a Malaysian agent, also A SG PR agent has the best of both world, hence is basically talking up his own interest.

If residency is 80-90% residents residing in the units it should not be empty ...mainly buy for investment so empty

Its a masterpiece. Josh Tan is a great listener thankfully and the guy he is interviewing is very down to earth and pleassure to hear. He wants to do you tube videos as he feels good about giving back. 👍

DO NOT BUY OR RENT IN R&F. 1. Their building is not equipped with high WiFi coverage for phase 1 area the max is 2gbps home WiFi and it's almost 400rm per month. 2. For phase 2 max can only have 1gbps WiFi around 200rm per month. The building is nice but to live in with poor network connection even with phone and house WiFi is not worth it. Ouh and also not all Malaysian main Telkom provider can use hor.. only 1 or 2 telcom provider U can signed up for. When U step out of r&f you definitely get Ur signal in 5g and fast.

It seem the person who wrote to you just need someone to validate his current situation. Anyway, just self define oneself and not others.

High income does not make a positive person. Is the mindset

People are jealous

Wise sharing from Ashok and thank you for creating this amazing interview to bring fresh perspectives to those who walked the path!!! 👍🏻👍🏻

It kind of makes sense😅

I do not agree with you totally. Yes to state the time you want to retire because you stressed that time doesn’t want for you. I think Government or Investment Guru should educate or guide those who wants to invest to prepare themselves for the “so-called time”. If that part is done, we do not care amount how much money we have at the end of the day because we have already done our part, our best.

Personally, i feel that R&F is a very depressing place to live. The blocks are tall and close together, giving a "prison" vibe. Some units are perpetually in shadow. I doubt i could stay there long-term. If you talk about investment potential, then i think the potential CAGR falls short of other, more liquid forms of investment. As a place to spend my golden years, i would find other developments in JB/Malaysia.

The background sound is very loud and affect the interview

yes. There is ! Meldrum heights (Building) Oasis (building) Majestic (not build) All these are walking distance R&F also building their 3rd phase too Have competition too

Not specific enough to help too abstract

R&F, country garden danga bay and forest city , all these condominium projects are very crowded like HK, all condo units are very close to each other，very stressful, my personal opinion, these condo projects are not good for living.

The left and right audio channels are flipped around.