As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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Monday, 30 May 2016

I 67 still working. You 60 want to retire?


Quote : Rolf Suey29 May 2016 at 21:57

In my course of life, I witness one funny phenomenon:

Average middle class striving for financial freedom and condemn the rich that they are lavish n not frugal and that is incorrect. Imagine even stepping into a condo can be a crime because later u may be attracted to buy and can never achieve FF.

Ultra hi net worth people looking at the middle class saving every single cents n yet still struggle in life. UHNW strive for more business success to earn more money (not to be lavish) but to have self-fulfillment in “earning”!

Sometimes I really wondered if both belongs to the same mindset category, just wear different clothings.

The one that beats both category is those who truly know themselves and what they really want in life and strive towards it. In the process creates value for people around them.



His GCTO: "I 67 still working. You 60 want to retire?"

Uncle8888: "The difference is I am sick man and not much time left!" :-) Giving his GCTO a politically correct answer. LOL!


Actually, an honest answer to his GCTO should be. "How can you retire? Once you retired you won't be surrounded by many Yes Men supporting whatever you said!" LOL!

Posted by Createwealth8888 at 08:42
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4 comments:

  1. Createwealth888830 May 2016 at 10:32:00 GMT+8

    The lower we are in social and working hierarchy, the simpler the reason to retire.

    ReplyDelete
  2. Createwealth888830 May 2016 at 13:24:00 GMT+8

    The longer you work, the more money you'll have for retirement. But the longer you work, the less time you'll have to enjoy that retirement.
    — Wall Street Journal

    ReplyDelete
    Replies
    1. Createwealth888830 May 2016 at 13:24:00 GMT+8

      Money is important for retirement in that it is a means of survival, a foundation for comfort, and a tool to accomplish some of your life’s goals. It can’t guarantee happiness or health or love, however. And regardless of how much you have set aside, money cannot buy creative fulfillment. The key to a happy retirement is to have enough money to live on, but not enough to worry about.
      — from How to Retire Happy, Wild, and Free

      Delete
  3. temperament30 May 2016 at 15:17:00 GMT+8

    Why retire?
    Good money and the power and privilege.
    Yes money for my next and next generations leh!

    For us it's not for us to decide unless you are a professional or running your own business.
    At 53, what types of job available that can give me a lot of money, prestige & power?

    Retire lol!

    ReplyDelete

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