As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons 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, 29 November 2018

How Much Is Enough To Retire??? (3)



Read? How Much Is Enough To Retire??? (2)

 CW8888: One method is to benchmark to current median gross income of $4,437 including employer CPF contribution and net take home pay is about $3K


 For single $3K?

 For couple $4.5K?

 For retirees with fully paid residential home living at median income level in Singapore from their net worth's cash flow or investment income should be comfortable enough.

 Okay right?



Read? Incomes in Singapore up, with median salary rising above S$4,400: MOM report




Posted by Createwealth8888 at 20:39
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2 comments:

  1. RayNg29 November 2018 at 22:15:00 GMT+8

    You should have more than enough lah.

    House fully paid, child education done, no car or other capes expenses

    How much can you eat?

    ReplyDelete

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