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

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Saturday, 23 July 2016

$1.2M Cash At 63 Still Not Sure Enough To Retire???


The Real Person with conversation with real person on his retirement adequacy.

He is 63. Currently, he is re-employed by his company on yearly basis and he is still thinking of retiring sooner; but he doesn't trust Mr. Stock Market to invest for income as retirement cash flow. So how?

He is thinking hard and harder!

He bought landed property in the early days and down graded two years ago to fully paid condo. He made net profit of $1.2M cash to prepare for his retirement.

We often read that investing for income is not difficult; but on case by case basis; the real person with lots of money and the FEAR of losing large sum of money is also real has made investing so much harder. Right?







3 comments:

  1. Not enough, because $1.2M cash got $1.2 worry of how to spend?
    Got more spend more lol!
    So always not enough one.

    ReplyDelete
    Replies
    1. Me not excluded.
      Or no one is immune lol.

      Delete
  2. maybe your friend never read financial blogs!

    All he need to do is to send some email to some guru in the blogosphere and he can easily get 6 figure passive income by shaking leg!

    So tell ur frd like the Visa paywave uncle says "so simple!"

    Hahahaa....

    ReplyDelete

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