Will more incremental money made us happier when we are quite sure we have enough?
The greatest problem we faced even though we have millions at current value we still don't believe we have enough.
Few colleagues have asked Uncle8888 why didn't he delay his retirement to end of the year since his boss has asked for it and must die die retire at Sep 2016.
Uncle8888 as stubborn Ant will just stick to his plan which has been planned many years back and that goal was repetitively communicated 10 years ago to few close colleagues that they would see him retiring in 10 years time @ 60.
This goal setting and communication of goal is what he has learnt form this book: Think and Grow Rich. That Goal has also motivated him to read up many books on retirement planning, visit cyber space on retirement articles and then do all sort of calculations and simulations to build a sustainable retirement income for life model for himself and implemented it.
Now is the time to put it to actions. This by itself will serve as Real Person, Real Story case study for anyone who bother to build his or her own retirement income model.
Who still say planning no use since we can't control our goal and destination?
BTW, retirement from full-time employment can be voluntary or forced so it far better for us to prepare ourselves for voluntary retirement than to feel sad, frustrated and helpless when we are forced to retire involuntarily.
Better to be Ant than Grasshopper when it comes to retirement planning. Set Goal and plan for it!
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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