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Quite hard to hit the cap if our salary is not high. While I was still working, I can only hit the cap and allowing the yearly MA interest to overflow to OA.
But once I stopped working, this will not happen anymore.
Quite hard to hit the cap if our salary is not high. While I was still working, I can only hit the cap and allowing the yearly MA interest to overflow to OA.
But once I stopped working, this will not happen anymore.
Agree with this. Is not easy to be self employed. There are heavy risk involved.
Best is to be able to find a relax job with good pay masters.
I was able to do that for the past 20years, super relax job although my salary stay put at around 50k p.a I saved near to 100% of it, and thus I could retire when the job was no longer relaxing. I already expected this to happen down the road that one day my luck will run out with relax job