Sunday, 10 April 2016

How to Make Your Money Last: The Indispensable Retirement Guide

Borrowed it from NLB as usual.

Rightsize Your Life.

You're never afraid to open your bank statement when you you're living your means.



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8 comments:

  1. SMK10 April 2016 at 22:12:00 GMT+8

    how is it? any key points?

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    1. Createwealth888810 April 2016 at 22:30:00 GMT+8

      :-(

      The last and hardest plan. What happen if we lose our grip e.g dementia or a have a stroke and lose the good judgment we have 10 or 20 years ago. Worse for those without closest kins.

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    2. RayNg11 April 2016 at 09:47:00 GMT+8

      Can consider Lasting Power of Attorney (LPA).

      https://www.publicguardian.gov.sg/opg/Pages/The-LPA-The-Lasting-Power-of-Attorney.aspx

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    3. Createwealth888811 April 2016 at 09:50:00 GMT+8

      Those have more children may not have issue with LPA as they have an option to pick their favorite and trust ones at time of decision making.

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  2. SMK11 April 2016 at 09:53:00 GMT+8

    very true, uncle.
    i see 2 problems
    1. people change. how do you know the kid won't change?
    2. no kin, the most jialat, especially for bachelors.

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    1. Createwealth888811 April 2016 at 10:00:00 GMT+8

      Not sure how many factor this "last and hardest plan" in their retirement and financial planning.

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    2. SMK11 April 2016 at 14:25:00 GMT+8

      you can count the childless and the pamperers.

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  3. Createwealth888813 April 2016 at 22:56:00 GMT+8

    We must not under-invest on relationship and kinship as dementia or stroke is real.

    Especially true for stroke which can hit even when we are younger. Tio brain stroke. We cannot think over financial matters anymore.

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