As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Tuesday, 2 February 2010

Survey On Retirement Planning

A recent poll by an insurance firm found 91% of respondents in Singapore do not know how much they will have when they retire.

(CreateWealth8888: This is an alarming fact)

Singaporeans are still focusing on practical short-term finances rather than on retirement needs that call for disciplined savings and investments over a span of 20, 30, 40 years.


  • To plan well for retirement; we have to save regularly to provide more investing capital
  • To invest well - We cannot be either The Tortoise Or The Hare. We have to be both Tortoise and Hare at the same time.

    • The truth: The Tortoise will never win the Race
    • To win the Race: The Most Dollar in the Least Time; but Hare can run too fast, become too tired and lost the Race.
  • To succeed in investment and grow our wealth, we need to be both the Tortoise and the Hare at the same time. You only have finite time to complete your Race so you need to understand why you can't just be the Tortoise alone.
The moral of the story : Long Term Investment (Tortoise) and Short Term Trading (Hare)

1 comment:

  1. Bit shocking for me,to read the recent poll in this post,Retirement planning is all about knowing what you want and being disciplined towards achieving it.Planning for life after work is not so difficult once you follow a few simple steps:

    1. Determine an amount that is required.
    2. Determine how much additional is needed.
    3. Allocate investments.
    4. Wait, review and reallocate.

    File Personal Bankruptcy


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