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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Friday 25 December 2015

Romance of retirement very much alive

A36, FORUM, ST, 25 Dec 2015

Uncle8888 agreed with the writer's view!

Uncle8888 has been reading books on retirement planning from  NLB to prepare for his own retirement. 

This is one of the better models that he has discovered so far ...

Read? Future Cash Flow For Retirement Life???

We shouldn't worry too much over asset-draw strategy as we certainly deserve to spend our own money in our lifetime and just leave behind whatever unspent. 

He is planning in terms of future Cash Flow for his retirement life without leaving lots of money not spent.

The sources of his future cash flow will come from:

1) An investment portfolio that is generating just 4% yield p.a. at flat rate and non compounding. It is far better to be conservative when planning for future.

2) Yearly partial asset drawn on CPF OA and cash FDs till the last withdrawal on 2036

3) CPF RA, SA, MA and cash of $XX, XXX as self insured fund for medical and health care and also covered by enhanced medical shield. Here he will assume zero interest growth as it is very hard to predict future draw-down and even harder to calculate future interests growth. Zero is an accurate prediction. LOL!

4) Leaving behind a fully paid asset called home and investment portfolio for selling as guarantee "profits."

Using actuarial present value of his future cash flow (but, excluding the asset value of his investment portfolio and 4-rm HDB flat near Hougang MRT station) and total liabilities @ 2.5% year inflationary rate.

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