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

Saturday, 4 July 2015

How Much Is Enough To Be Safe For Sustainable Retirement Income For Life??? (2)


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


Read?  The Rule of 300: How Much You Need for Retirement


Uncle8888 also used The Rule of 300 for his retirement income for life planning

See? Retirement Income for Life??? (9)


Wealth = Asset Value + Cash flow

The Rule of 300 = Asset Value = Net Worth = 25 x Expected Yearly Living Expenses = Reaching the Edge of FIRE (Financial Independence Retire Early)

Cash flow  = 4% Withdrawal

BUT ..

If our asset value or net worth is too dependent on the volatile market for 4% withdrawal; we may be unfortunately got caught in the deep shit at the wrong time. So Uncle8888 fortified The Rule of 300 and 4% Withdrawal with his Three Taps Solutions. It is amore kiasu and kaisi approach. A typical Singaporean way of retirement planning!




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