CW, your Tap 1 able to cover 89% of your projected expenses... technically you should be shield off from any market volatility. Your tap 1 starts in age 65?
Market up, net asset and cash increase --> bonus market down, deploy your 21.4% war chest to increase networth and cash flow --> bonus
This year, 2016 will be covered by earned income but from 2017 onward will be funded by Tap 1 and Tap 3.
Tap 1: Bulk of it coming from assets drawn strategy from CPF OA and FDs
Tap 2: CPF RA, SA, MA, Medishield Life, and $XXK in emergency cash accounts. This self-funding method will motivate me to focus more on personal well-being.
Tap 3: Cash flow (Dividends & net short-term trading P/L) from Investment Portfolio
CW, your Tap 1 able to cover 89% of your projected expenses... technically you should be shield off from any market volatility. Your tap 1 starts in age 65?
ReplyDeleteMarket up, net asset and cash increase --> bonus
market down, deploy your 21.4% war chest to increase networth and cash flow --> bonus
So, win win liao.
enjoy your trip to Taiwan. :)
This year, 2016 will be covered by earned income but from 2017 onward will be funded by Tap 1 and Tap 3.
ReplyDeleteTap 1: Bulk of it coming from assets drawn strategy from CPF OA and FDs
Tap 2: CPF RA, SA, MA, Medishield Life, and $XXK in emergency cash accounts. This self-funding method will motivate me to focus more on personal well-being.
Tap 3: Cash flow (Dividends & net short-term trading P/L) from Investment Portfolio