Just one-fifth of Singaporeans confident CPF will meet retirement needs: Survey (2)

Read? Just one-fifth of Singaporeans confident CPF will meet retirement needs: Survey

How to have enough to retire at 60s?

Three steps ....


Step 1: Manage spending

Step 2: Increase earned income and saving

Step 3: Compound investment return through either growth-dividends or growth-cash flow investing strategies. 

Don't be too focus on income-dividends strategies when we are younger. We may not be that good at re-investing for compounding gains. Sometime, it is better to stay invested with good stocks and let the Management do the job for us.

Step 1 and step 2? Uncle8888 can't help you much!

But, Step 3: This is where Uncle8888 can help to show you how he has done it with his not-high and single household income with three children and surviving over his highest expenses bombing for his three children's university education costs.

 Read more?  Retirement Income For Life Planning Model