Thursday, September 28, 2017

How Much Do You Need???

One day, while chatting with a friend after lunch, he shared with me on how he was dissatisfied with the current corporate management. He is about my age. So I suggested him to quit his job. Yet, he replied, "I am not like you.  I will do so soon after I pay off my housing loan." When I further asked him if he knew how much he needed to be "himself", he suddenly speechless.

Monday, September 25, 2017

真的需要那么多吗?

2017年9月25日,我在一家报章的财经版的专栏里看到一个询问。询问者今年40岁。想在60岁退休并得到财务自由。这位询问者说他们一家四口(两夫妇和两个10岁以下的小孩)月花费为RM6,570。该财务师用5%的通膨率及4%的投资回酬率来加以计算,得到的结果是该询问者需在60岁前拥有近RM590万来应付每年RM21万的生活费。这每年RM21万的生活费并不难计算。只要将现在每月RM6,570的生活费乘以12再以复利5%持续20年既可得到。可为何需要RM590万的退休金才能支撑呢?在计算上,道理很简单。以RM590万的退休金乘以4%的年回酬率就可得到。该询问者目前只拥有不到RM50万的投资加现金。也就是说他必须在20年里多存RM540万。是的,该顾问的确是说需要多RM540万,也就是半个RM1,000万(不是RM100万)。对许多人而言,若半个RM1,000万那么好存,那全世界将没有穷人。