Saturday 31 January 2015

No intention of retiring so less bother with retirement planning???



Real people. Real thing happening!


Uncle8888 was poking this colleague who is 54 this year on his investment portfolio. 

No. Nothing out of him as he is not keen in investing; but he does have few old stock holding from the early days. He didn't like to talk further on investing. Guess why?

Uncle8888 asked him where will be his source of passive income if he retired.

He said has no intention of retiring. He can easily find another job to survive. Why not? Or in the worst case, he can just sell his HDB flat. 

BTW, he is single. 

Just guessing. May be why leave too much money behind??? Hmm ......











8 comments:

  1. Low needs. Low wants. Why the needs to make more money to survive?

    ReplyDelete
  2. Hello CW,

    Looks like your colleague is happy with his job and isn't keen to pursue any other interest in his free time.

    ReplyDelete
    Replies
    1. He is indeed a simple man with low needs and wants. He seldom goes for overseas holidays. He spent most of his annual leaves do boat fishing.

      Delete
  3. Hello CW,

    Looks like your colleague is happy with his job and isn't keen to pursue any other interest in his free time.

    ReplyDelete
  4. There are many people I know who don't invest at all. Afraid to lose money in stocks

    ReplyDelete
  5. Cw8888 : I guess his focus is more of enjoying what he like in life than amassing countless stash of cold hard cash in the safe or bank ;-)

    ReplyDelete
  6. Problem is when something happens and he can't work anymore.

    ReplyDelete
  7. Problem is when something happens and he can't work anymore.

    ReplyDelete