Retired and wondering whether to dabble in business?

WHEN you celebrate your 50th birthday, your friends lie to you and tell you that 50 is the new 40. It makes you feel young again. It's a good lie filled with good intentions. That' what friends are for anyway. Mutual denial of good times gone by and hoping to create more “feel good” days ahead.

At 50, you start evaluating your next 10 years of your life. As your kids will be going to University in a few years, you peek at your EPF and other savings and start wondering whether is it sufficient to pay for their overseas education and still have enough for a comfortable retirement.