As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two 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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Friday, 21 February 2014

Retirement Income for Life??? (12) - Re-posting


He keeps saying he wants to retire early.

 
So, Uncle8888 passed him this retirement planning Excel worksheet.

After simulating with the retirement planning Excel worksheet, he realizes that he will need 13% ROC.

 
13%!!!
 
 
Uncle8888 told him frankly that he is still far away from early retirement.
 
He will need to save more and invest for higher growth.
 
13% is a tough number to achieve.
 
5-6% ROC is more reasonable.
 
 


Read? Retirement Income for Life??? (12)

3 comments:

  1. The Moral of the Story:

    Talking and thinking is cheap until you estimate or calculate the cost of doing it. Right?

    ReplyDelete
    Replies
    1. CW,

      And that's the powerful secret of realising all our dreams:

      Wake up!

      http://singaporemanofleisure.blogspot.sg/2012/07/powerful-secret-to-unleashing-your.html


      We need to have dreams. But all dreaming and no action is not a good strategy...

      Delete
    2. Ya.

      The most powerful thing to do on Planet Earth and it is free too.


      Wake up!


      :-)




      Delete

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