Four bank accounts are for ease of tracking and monthly downloading of Excel file; and particularly the Investment account is important for us to PHYSICALLY and MENTALLY separate our investment from all other needs and wants. This setup will help us to ride the emotional roller coaster rides across market cycles without worrying too much about meeting living expenses. Uncle8888 over the last 17 years hasn't touch a single cent in his investment account; but next year onward will be different as he is now a retiree depending on sustainable retirement income for life! Where are the money taps to fund four bank accounts?
Last updated : 15 Sep 2018
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd 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.
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