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.

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Tuesday 22 August 2017

Financial Independence @ 56. Retired From Full-Time Employment @ 60. The Way It Has Happened To Me


One picture tells the whole story of earned income vs. investment gains. The way it has happened to Uncle8888.


9 comments:

  1. Gen X'ers want to do it 10 years earlier...

    Millennials want to do it 20 years earlier...

    Gen Z how?!? Siao liao!! Hohoho!!

    ReplyDelete
  2. CW, you start work at age 29 meh? What are you doing during 'lost' years?

    ReplyDelete
  3. Replies
    1. Retire @60 on 2016.
      So, age 59 @2015.
      Work 30 years from 1985 ~ 2015.

      59 - 30 = 29


      Delete
    2. 21 yrs old at 1977.
      Start work at 1985.

      1985 - 1977 = 8

      8 + 21 yrs old = 29 yrs old

      Yes?

      Delete
  4. OIC. I only have IRAS income tax records from 1985 onwards. Not sure before 1985; it was below taxable income or I threw them away. Without those past IRAS income tax records; I couldn't know those years of earned income from 1977 to 1984

    ReplyDelete
    Replies
    1. lol ... I believe your earned income CGDR >4.5% then as we started with extremely low pay.

      Mine CAGR is 6% over 26 yrs.

      Delete
  5. Both of you have higher human asset growth rate

    ReplyDelete

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