The Secret To Uncle8888's Retirement Income for life ....
No large number!
For many average income earners like Uncle8888; it is not necessary about accumulating $XXX,XXX investment income from $X,XXX,XXX portfolio so that he can retire comfortably. If that is the case, then he can forget about retirement or earlier retirement.
It is about knowing how much is enough to cover his historical HIGHEST annual household expenses and also war chest to fight future inflation.
Simple investing strategy to love The Bull and The Bear to build up retirement income for life.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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