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.

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.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 3 May 2014

Retirement Income for Life??? (15) - How much is enough for retirement?


Read? Retirement Income for Life??? (14) - How much is enough for retirement?


Let assume that Uncle8888 can work till 80 age old with pay cut for an old depreciating asset.





At 62, 10% pay cut of the last drawn pay at 61.

At 65, 30% pay cut of the last drawn pay at 61.

At 70, 50% pay cut of the last drawn pay at 61.


At 75 70% pay cut of the last drawn pay at 61.

At 80, totally depreciated. Gone case!


What will be his total earned income for working till 80 as compared to his current net worth?

Will he be losing his financial independence?








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