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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Thursday, 4 October 2018

Best return on retirement. ROR


Read? Self-made millionaire: Don't buy into the idea that '70 is the new retirement age'


Rather than planning on working longer to set yourself up for your golden years, start saving more money now, he says: "The way you get the best return on retirement — I call this ROR — is you save, save, save, save, save … And you retire in your early 60s, able to afford it, and then you really go have the best years of your life."

Settling down in your 60s means "having the energy to finally do what you want to do when you want to do it," says Bach. "Will you have energy at 75? Yes, you will. But guess what? It won't be the same as you do when you're 65. Sixty to 75 are the 'go go years' in retirement; 75 to 85, it's the 'slower go' years; 85 to 100, it's often the 'won't go' years."


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