Tuesday, 21 May 2013
Read? Retirement Income for Life??? (9)
Read? Retirement Income for Life??? (11)
Like it or not.
One day, we must live on our retirement income for life.
See the diagram below:
Uncle8888 passed this copy of retirement planning worksheet to somebody.
After simulating with the retirement planning Excel worksheet, he told me that his initial assumption for his number is wrong. To retire comfortably with fair level of certainty of retirement income for life; he has to rework his number again and rethink his investment strategy to include growth.