truthhurts1 wrote: ↑Tue, 27 Dec 2022 10:37 am
Wd40 wrote: ↑Thu, 22 Dec 2022 11:05 am
truthhurts1 wrote: ↑Tue, 18 Oct 2022 12:29 am
Need a lot of money to retire in India with a good standard of living. It’s completely wrong of people thinking that India is cheap, it’s not..
I don’t have a
property there and I won’t be able to afford one now, it has become a situation where I have nowhere to go at this time except be in singapore for the long term, I am not thinking about retiring or retirement yet but I can buy a nice property in Malaysia at this time and it will be much cheaper than that in India ..
Also I don’t think I can live in India again a anymore, the traffic, the population , the country not being clean etc etc I get overwhelmed just by thinking about it
I just cant help but come back to your post and think how wrong you are about India.
SGDINR just hit 61.4, I saved about 80K SGD with my normal salary of 145k gross all-in salary, this year, with a family of 3.
80k SGD converts to 4.9Million INR and you could buy a nice house in a city like Bangalore for twice that amount fully paid, no loan.
So just 2 years of my savings is enough to buy a nice house in India. You are single and your salary is 180k.
It is very clear, you have some very idiosyncratic problem with India, maybe you belong to a minority community(Muslim?) I can understand why you would feel about India that way and dont want to even go there and your affinity towards Malaysia. Or may be other family problems which is why you dont even want to go and meet your family. But this is very specific problem to you and it is not a problem with India.
Hey bro sorry for the late response as I didn’t get on this forum for a while.
You are right I don’t have family ties in India anymore as my foster parents are not in touch with me now. I am not Muslim btw, I converted to Christianity a while ago..
My thoughts on India are based on a couple of school friends I have and they been struggling to get out of India for a while without success.
They told me life is tough and they are planning to move to Australia and retire there in a few years, they don’t want their kids to suffer..
My parents are from Delhi and it’s a Brootal place when it comes to cost of living and also buying a new property is more expensive than Singapore in many cases.
Also I do not like the attitude of Indians in India, they will never progress..
Look at china and look at us and you will agree with me.
Let me know what you think
I guess each of you cannot convince the other about your respective points of view. In my opinion, part of the reason is because your experiences in India are like night and day and therefore you are not on the same page.
I feel that once the heart has decided on something, it's hard to go back or change course. Having said that, you had an opportunity to avoid moving back to India (eventually), but you've been chasing after a goal which is not going to be easy to achieve (SPR).
You've had your chances (you could have bitten the bullet and gotten married to your girlfriend) but you haven't taken them so it's only going to get harder as age becomes a factor.
If I were in your position, I'd assess all my options quickly before age puts them out of reach, then start working and saving up /investing to match the requirements. Else, you could end up running out of luck and very bitter later.
You have to remember that immigration in the late 20th century and at the present time is generally very hard to achieve. It might sound like everyone and his uncle is immigrating, but the reality is that a very small percentage of people are actually immigrating. That includes folks like you who have been able to work and live overseas. Once you get a chance, if you really want it, you grab it with both hands.
PS. I can't really tell whether your preferred path is "anywhere" outside India or only a selection of countries.