Sometimes feel like selling everything in Sg and retire now as
putting the money in a fixed deposit can also give us S$5000+ a
month, more than enough to live on in JB. Can even put children in
international schools...when time for uni can use some of the
capital which had been protected to put them in IMU in KL where
their medical graduates can work in Sg. The remaining money in
fixed deposit can still give us S$3000+ a month even if we spend
S$600k on their uni fees...
5000 a month is 60000 a year in interest.
Assuming 1% annual interest, that means you have 6 million
dollars.
6 million not enough to retire? 