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!

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
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Sunday 19 April 2015

Retirement Income for Life??? (13)

Read? Retirement Income for Life??? (12) - Re-posting

An improved version for us to simulate and know (1) how much is enough to retire and (2) how hard we have to make our investment portfolio work for us?

Not everybody needs $50K passive income from our investment income to live our lifestyle.  

For example, like Uncle8888's colleague who doesn't like overseas travel and vacation so he doesn't see the need for Passport.

Ordinary retirees in Singapore are likely to depend on combination of their investment portfolio, CPF OA, CPF SA and CPF Life and supported by some level of emergency cash and adequate medical coverage that fix our daily lifestyle. Everyday, we treat ourselves 365 days a year and year after year  in B1, B2 or C Ward; but when we are suddenly sick; we "demand" A ward treatment. 

That is strange! Guilty conscience at play or what?

Try it out your yourself!

Email Uncle8888 if you like to have a copy.


  1. CW,

    "Everyday, we treat ourselves 365 days a year and year after year in B1, B2 or C Ward; but when we are suddenly sick; we "demand" A ward treatment."

    Ah! The kiasuness of Singaporeans! Uniquely Singapore :)

    Even better at talking trash at hospitals when we are not the ones to foot the bill, "Ah boy, how can you send your mom to public hospital? I know this doctor at private hospital X. No waiting time one. Immediately go; immediately can go surgery!"


  2. Never stinge on a good H&S IHS inclusive of a rider to cover the co-payment for yourself and your love ones. I have a friend have no option but to sell his condo home to find his cancer treatment. Do consider H&S IHS that meet your requirement when you retire

    1. Cancer treatment at private hospital with one of Singapore's top Oncologists?

    2. No. Cancer treatment at public hospitals

  3. He is 60 this year. He told me his colleague mentioned about me. Last Friday, he happened to bound into me after lunch hours and asked me how to generate retirement income for life. Want to know? Go and grab some papers. LOL!.

    Really; he came back to me with a few blank sheets of A4 paper and a pen to discuss how he can best prepare for his retirement income for life at 62 or hopefully his employment can be extended to 65.

    He is now left with a small war chest of $XXK after his emergency fund, an investment portfolio generating small dividends of lower $XX,XXX and still holding on to massive paper losses over his past years of punting in the stock market.

    That discussion prompted me to improve this retirement planning worksheet to include CPF, OA, SA, CPF Life and focusing on asset-down strategy. I realized not many retirees have large account size to generate $50K passive income. Not everybody need $50K passive income from investment portfolio for their lifestyle.


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