Happy New Year 2016! With two working adult children and one is doing his NS, 2015 is a special year for Uncle8888 as this is the year that his three children don't eat much of his money. He will be able to estimate how much is the yearly household expenses for a couple like during his retirement.
His household expenses in 2015 has significantly reduced; but next year onward it will re-bound back as his youngest will ORD and continue with his uni study at SUTD.
Last updated : 14 Sep 2020
I am 64 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 21 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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