I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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.

Think Investing as Tug of War - Read more? Click and scroll down



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 6 May 2016

The Truth Behind Building Sustainable Retirement Income For Life Strategy


Good read? The risk you can assume is determined by: your sleeping point, your age and the sources and dependability of your noninvestment income


It is more than investing for income.

That is the reason for Uncle8888's preferred model to build up sustainable retirement income for life - The dependability of your noninvestment income i.e. counting interests with partial asset draw-down strategy.

His Three Taps Solution

Lesser wealth but will likely to sleep better and worry less over future market cycles. This is the trade off! No free lunch in the market.






3 comments:

  1. CW,

    Does your Tap 1 include CPFLife which will be kick in 5 years later?

    ReplyDelete
    Replies
    1. I am on minimum sum for obvious reason. CPF life is not for me. :-(

      Delete

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