How much is enough to SPEND till the last day of our retirement here on Planet Earth?
The answer may not be that tough as compared to how much is enough? Don't think there is magic number for wealth accumulation to be enough. End of month tracking for Apr 2015; but a revised way of looking at Uncle8888's living expenses tracking chart.
It may not be so tough to answer how much is enough to spend if we have been tracking our past living expenses diligently. Hindsight learning can proved to be very useful if we are willing to be consistent with our past lifestyle.
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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