Currently, Singapore's statutory minimum retirement age is 62, but employers have to offer re-employment to those eligible up to age 65.
The reason why Uncle8888 is ready to FIRE!
His money works for him!
He worked 15.4 years from Jan 2000 to 27 May 2015 for his earned income. His money works the equivalent of 6.2years for him. He is 59 soon. So it is 59 + 6 = 65. It is exactly the official retirement age at 65 so there is no need to worry about not getting re-employment.
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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