Wednesday, 19 October 2016

Why you may not be sufficiently prepared for retirement (2)


Read? Why you may not be sufficiently prepared for retirement

Read? SRS : You open. I open

Read? SRS - Annualized Return Over 3 Years! (2)

Year end coming!

SRS and Transfer from CPF OA to SA?

Blursotong King 15 October 2016 at 17:32:00 GMT+8

Uncle,

After hearing from you, I fully agree and buy in to your theory. Thanks!

Lacking of empathy in some blog posts is quite clear?

Small Thin Wallet cannot fit into Fat Big Purse's shoe.

Married late with two or more young children can NEVER fit into SingleHood's shoe.

Our worries will largely depend on the number of dependents we have as we married and have children. We want to provide them a better life. Right?




3 comments:

  1. Everyone situation is different. Only you know yourself best. Don't monkey see monkey do without understanding if it is suitable for you. If you need advice, jio Uncle for a kopi ksong! I don't mind tagging along to learn new things.

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    Replies
    1. Our life is largely shaped by our perceived views while going up the Mountain; but once we have crossed through the Forest of Darkness and going down the Mountain. Our views may change and sing a different song from the mainstream!

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    2. Understanding the difference between (1) Planning for retirement early and moving ahead year-on-year and (2) Planning for retirement early and getting lock-up for retirement way ahead of its time.



      In Hokkien, Kiang zhu ho, mai kay kiang

      Kiang zhu ho translates as “you can be smart” and mai kay kiang is “don’t try to be too smart”.


      Life ahead is full of uncertainty especially for the married couples with younger children and dependents. We have to be triple careful of locked up financial decision way ahead of its time. During life crisis; Cash is King to meet immediate or near-term needs.

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