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
Stock Tips

Friday, 1 May 2015

How Much Is Enough To Retire??? (2)

Read? How Much Is Enough To Retire???

Read? Money not enough, say millionaires: UBS

Those with US$1 million want US$2 million; those with US$10 million want US$25 million.

How much is enough is so tough to answer?

What if we ask ourselves differently?

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.


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