Read? Concluding Post on Early Retirement So is your FIRE conditional? Uncle8888 has been researching and reading whatever books he could find from NLB on the topics of retirement for quite sometime. FIRE is just beginning of retirement and FIRE may be extinguished sooner than expected. As retirees in the Land of Wealth or Assets Decumulation; do we still have the financial means or strength to participate in future massive right issues? We don't! Right? FIRE just means we have reached the Edge of Financial Independence; but there is some works to be done. We have to move deeper into the Land of Wealth/Assets Decumulation to secure the Last Milestone i.e. Sustainable Retirement Income For Life across future market cycles over the next few decades and at the same time overcoming decades of future inflation!
The key is how can we make it sustainable and FIRE will not extinguish before we expired. Read more? Retirement Planning Room
Last updated : 14 Sep 2020
I am 64 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 21 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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