Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-27 21:47 | Report Abuse
Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-29 05:00 | Report Abuse
Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-29 05:04 | Report Abuse
Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-29 05:50 | Report Abuse
CFTrader
812 posts
Posted by CFTrader > 2019-05-27 21:14 | Report Abuse
Quote 1 : I figure that we need about a monthly income of RM8k in retirement
Quote 2 : We have RM1.8m money in our EPF
Let's do some calculation.
RM 1,800,000 x 6% (Assumption of EPF declaring 6% dividend) = RM 108,000 per year
That is RM 9,000 per month.
RM 1,800,000 x 5.5% (Recent ASM rate) = RM 99,000 per year
That is RM 8.250 per month
RM 1,800,000 x 5% (i think this consideration bad enough) = Rm 90,000 per year
That is RM 7,500 per month
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You better live off with EPF's dividend rather than staking the capital invest in the market.
Just an amateur point of view.
Thank you.
CFTrader