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!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

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Wednesday 7 November 2018

Another form of retirement planning for Singaporeans and PRs - 3 or more Taps Solution model



SG Physiotherapist6 November 2018 at 17:48:00 GMT+8

Hi there,

May I know which author’s form of retirement planning/ drawdown do you subscribe to?

ReplyDelete


Uncle8888 happened to see these :






Let us see for ourselves the comparison table :

Uncle8888's Three Taps Solution model for sustainable retirement income for life 


5 comments:

  1. Heheh ... people forget that all those research & studies are based on angmoh countries where they have pensions & free elderly medical.

    The US (where most of research is done) has among the lowest of benefits among the developed angmoh countries.

    More or less free medical after 66 that is probably equivalent to our C class standard.

    US pension is about 40% of last few years salary if retire at 66 or 67. Can retire at 62 but pension much reduced. Their pension also has inflation adjustment every few years.

    So their investments are extra on top of pension.

    As Sinkies, we can also tap on CPF where possible as part of overall portfolio.

    ReplyDelete
    Replies
    1. Yalor. We need Sinkie bloggers to talk about retirement planning in Singapore for Singaporeans and PRs on top of CPF scheme as one of our Taps.

      Delete
  2. Put resources in different baskets.

    ReplyDelete
    Replies
    1. Yes. Another school of thought for retirement planning is 3 to 5 buckets theory

      Delete

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