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

Saturday 22 October 2016

Simply What Is Retirement Planning?


(1) It is about knowing our past household expenses history and adjusting for inflation for the future years till 8X, 9X, or 1XX. Use the historical highest annual household expenses as benchmark or reference level for the future years.

(2) Setting up some cash buffer with self-insurance funding in addition to our existing medical insurance coverage

(3) Home as Asset of Last Resort

(4) Is cash flow sustainable over the future assets?


With all these preparation and planning and still fail; then accept it as Fate. 


Uncle8888's way of retirement planning using his Three Taps Solution model:

Knowing his household expenses

On monthly basis

Oct is almost there but Nov and Dec 16 are estimated; but should be slightly lesser.





On Yearly basis





CW8888's Wealth Formula


Wealth = Asset Value + Cash Flow


From Oct 2016 as retiree without any earned income from his human asset; his personal Wealth formula is now like this:

CW8888's Wealth = Financial Asset Value + Cash Flow


The important thing he has achieved in his pursue of financial literacy over last 16 years; he fully understood the difference between Good Asset and Rich Asset in relation to Cash Flow

This is something slightly beyond Rich Dad Poor Dad teaching of Assets and Cash Flow.

You think you know the difference?

This is where he differs from the main stream's loud voices over CPF OA to SA Transfer and SRS.



CW8888's Three Taps Solution model to build sustainable retirement income for life

Financial Asset Value against projected Total Liabilities till 2038 (his future household expenses at 2.5% inflation rate)


Is his Financial Asset value sustainable to support his Total Liabilities (Household expenses) till 2038?

Even without factoring the future cash flow from his financial assets; this graphical showed that it should be enough and sustainable. 






CW8888's Cash Flow


He is tracking and watching his cash flow closely. It has to be sustainable over future years with asset draw-down when necessary. 

The next few years of deploying his current War Chest in the stock market will determine the amount of wealth he is leaving behind as legacy. 







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