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, 3 July 2015

How Much Is Enough To Be Safe For Sustainable Retirement Income For Life???

Read? Singapore’s four solutions for water scarcity


Learn from Singapore's four solutions for water scarcity!

In our retirement, our money is no different from water scarcity. In Chinese, water is money and money is water.


 Know The Three Risks? Your Personal Finance and Investment - Three Risks That Are Seldom Actively Discussed by Personal Finance and Investment Bloggers

Now, you may have better ideas how to be safe and still have enough?

 How fat is fat?

 How thin is thin?

 Who knows?

 So don't go around asking. Nobody will know the standard level of being fat or thin!




Right?

Hmmm ...

SMOL standing besides CW8888

Now, you may know when you look at two different angles. You will have two different answers!

 Both answers are correct!

LOL!


 
Posted by Createwealth8888 at 11:40
Labels:

5 comments:

  1. Createwealth88883 July 2015 at 12:04:00 GMT+8

    For retirees, no matters how. You have to avoid selling your assets during market low. You have to find this reserve tap somehow and keep it closed and keep it safe!

    ReplyDelete
  2. Singapore Man of Leisure3 July 2015 at 13:59:00 GMT+8

    And yes.

    I'm the younger and more handsome one :)

    I'm also the one with no hair and a big beer stomach :(

    Life has a way of balancing things out.


    Well, just in case some sugar mummies are trying to tell us apart mah!

    No harm in getting another source of water right?

    Just give me sugar and I'll call you "姐姐"！

    https://www.youtube.com/watch?v=mTSuiGubCHE&list=FLEWGWe6FIC6DwRv37uICgLw&index=59

    ReplyDelete
  3. Siew Mun3 July 2015 at 19:07:00 GMT+8

    Me thinks the reserve tap is your CPF SA/RA which get auto lock by gahment

    ReplyDelete
    Replies
    1. Createwealth88883 July 2015 at 19:52:00 GMT+8

      CPF SA: Any time after 55, u scare. u can withdraw all

      CPF RA is CPF Life from 65 onwards. Live longer to receive more.

      Delete
    2. Createwealth88884 July 2015 at 07:55:00 GMT+8

      My Tap 2 = $XX,XXX (Emergency cash rotting in Saving account) + CPF SA, CPF RA and CPF MA and supported by MediShield Life. More from 65 onwards.

      Delete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails