Financially, psychologically, emotionally, responsibly married couples with dependentshave to think and must consider their options differently. Matured and confirmed Singles may only need to secure their own retirement future. They will have less uncertainties and probabilities ahead of them. But, as married couples with dependents; we have more uncertainties and probabilities ahead of us. Many things may go WRONG and most of the time when such things happen; it require CASH to help us to get through! We will need smart financial advice for parents and not just any other smart financial advice. As parents, many of us are willing to put our own retirement planning way ahead of our children's future and welfare. Even in the animal kingdom; it is the same. Never go near any animal when they have young ones with them. These animal will attack you suddenly when they sensed that you have threaten their young.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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