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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Welcome to Ministry of Wealth!

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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday, 24 April 2015

I Can't Retire At 62!!!


Read? Retirement Income for Life??? (14)

Two persons have came back to tell Uncle8888 after their simulation they can't retire at 62 when they have initially thought so. They have to cut their assumed living expenses farther in order to retire at 62 or hopefully their retirement age will be extended to 65 by Govt.






2 comments:

  1. The Moral of the Story:

    Don't ask others how much is enough. Don't guess how much is enough. Input your own numbers. The truth will soon appear right in front of your own eyes.

    How much more and how far off are you from the truth?

    ReplyDelete
    Replies
    1. CW,

      OK, this one I have to concede to you.

      Imagine those people who set financial freedom goals and milestones without knowing how much they really need? Talk about setting foundations in quicksand... (let me have my consolation point?)

      Delete

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