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.

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
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Tuesday, 31 May 2016

More Money Or More Free Time???



The longer you work, the more money you'll have for retirement. But the longer you work, the less time you'll have to enjoy that retirement. — Wall Street Journal

Money is important for retirement in that it is a means of survival, a foundation for comfort, and a tool to accomplish some of your life’s goals. It can’t guarantee happiness or health or love, however. And regardless of how much you have set aside, money cannot buy creative fulfillment. The key to a happy retirement is to have enough money to live on, but not enough to worry about.
— How to Retire Happy, Wild, and Free

Most of the time, whatever decision we made there will be opportunity costs or trade off.

No free lunch of our choice and preference!


 

2 comments:

  1. Ha! Ha!
    "The key to a happy retirement is to have enough money to live on, but not enough to worry about."

    Unquote:-
    How come you know i always feel like that one?
    Or you guess only?
    Are you feeling the same (regardless of how much you have now)?

    But i bet you WB still worries about how he is doing.
    He still have a yearly gathering to talk about his investment, hasn't he?

    ReplyDelete
    Replies
    1. He enjoys talking!

      Same as my GCTO. When he retired, he talks not sure how many will listen.

      Delete

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