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.

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Saturday 7 November 2015

Why Do We Want To Retire Early or early?


More and more new bloggers into the cyber world preaching financial independence and retiring Early or early.

FIRE (in late 30s, 40s or early 50s) or FIRe (in late 50s or before official retirement age @ 62 or 65 soon)

Unless we have some goals and plans to do and the execution of these plans to meet our goals have been limited by the amount of our annual leaves and Singapore public holidays and we need to have more free time to meet these goals; otherwise, why should we retire Early or early?

Voluntarily early retiring can be boring unless our day job is so stressful or so boring then it is better to retire so that we don't waste our life and harm our health in the office.

What do you think?

 


4 comments:

  1. uncle
    how r u?

    yes, u r right, stay at home very boring for me as i have no kid.

    so may rather go to work and keep myself busy.

    ReplyDelete
    Replies
    1. My wife also retired from stay-at-home-mum as household chores are getting lesser.

      Delete
    2. yes,
      one main reason why i choose to work but not stay at home. super lazy to do household chores leh.

      Delete
  2. It's about the freedom to do what you like spontaneously. I am 43 years old Singapore with 3 kids and am lucky to be able to retire early due to earlier success. Now in Perth with my older Son age 14 for a bonding trip.

    ReplyDelete

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