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Retire 55 or 60 ?

Now even the star has written article to support the idea to postpone retirement age from 55 to 60.  It brought up a few points that seem inevitable but . . . every sensible personal finance guy would feel something has gone wrong somewhere. The fact remains that retiring at 55 in today's world seems a waste. The mortality age for Malaysians has risen Since when the definition of wastage of my retirement is up to anyone else to say ?  I may live longer and what is that got to do with you holding my money longer than you have promised before ? In the advancement of personal finance world, we are talking about retiring at 40's.  Since when retiring later become a good thing ? The retirement age in Indonesia and Thailand is 60  No one stop you to migrate there.  But right now the hot thing going is 1 Malaysia where all we talked about is how much we love our own land bla bla bla. A longer life based on a finite and short working career certainly would pu...

Who collapse World Economy ?

Most may have sensed that the world economy is changing.  Western world ability to print money ( Monopoly game? ) used to be the ultimate finance power but now this method is seriously in doubt.  Most blame USA central bank for this sad event but malpf thinks that actually Robert Kiyosaki has caused this. If we rewind about 10 years back, no one really question about USA finance system.  As a matter of fact, everyone else in the world want to be friend with the giant.  After Rich Dad Poor Dad, Robert at that time has already started telling the public ( USA citizens mostly ) NOT to SAVE as your Government has NO MONEY pay you back ...  Soon after that, Donald Trump and Warren Buffet joined in the 'finance education' arena. USA's finance system has evolved for a century now.  It is an open secret how deceiving it is but yet it continues to grow bigger and bigger.  Because the system will work as long as 80% of the people are dump eno...

Old Post - Write Will For FREE

Pardon my long silence. I am back and starting to clear some of my old drafts. But once I published them, they stay in their own old timestamps and hence not easy to be found I suppose. Below is draft I created in 2009 but only get to release now. How to write your own Will for FREE. Below are my other drafts, I am no longer sure which is more important than which. Do comment if there is anyone you would like to know more. Trust Malaysia 2011 Budget FMB - Financial Mediation Bureau AS1M Prospectus The price of AS 1Malaysia unit is... futures tutorial from Ino Retire with Young Kids It was already mentioned in last article that gett... agent commission takes up a big chunk of insuranc... Hong Leong Flexi FD How to choose fund mana...