As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!


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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.

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Thursday, 11 June 2015

Presentation slides on Preferred Retirement Income for Life Model


View? Preferred Retirement Income for Life Model


3 comments:

  1. Books on retirement planning in our NLB are much lesser. So far, I think this is better model approach. I will revise if I happen to find better model after reading more books or from Google.

    ReplyDelete
  2. One proven model to generate consistent passive income is to use OPM to invest in property and enjoy net rental when fully paid up.

    For example... if you invest 1 private property with $350K (Bayshore park) 28 years ago:

    Down payment: $35K (10%)
    Loan $315K @ 3% interest for 25 years: 1,493 per month
    through out the 25 years, still have positive cashflow after paying off the monthly mortgage loan.

    Fully paid after 25 year. Property value $850K (CAGR 13.5)

    Now fully paid, net rental income ~ 2.6K

    Bottom line...

    1. $35K investment grow to $850K in 25 years.
    2. Passive income $2.6K monthly for ~70yr. The tap won't stop till you die.




    ReplyDelete
    Replies
    1. That auntie in her 59 and her retired hubby @ 64 whom I talked to also bought private property @ $800K in earlier years also looking to offload their RESIDENTIAL property as part of their retirement planning. It seems that more baby boomers are looking at their RESIDENTIAL property as retirement fund. Let see what will happen in 10 to 15 years when these baby boomers begin to cash out to meet liquidity needs.

      Those who have smaller investment properties for rental may benefit from this trend.

      Delete

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