I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Thursday, 1 December 2016

Housing choice linked to retirement choice.

Read? The Tale Of Three Old Men In The Same Office Space (True Story)


Now; it is not based on Uncle8888's observation but MAS study.

 So it is matter of asset rich or liquidity rich when going into our retirement phase.


Posted by Createwealth8888 at 14:19
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4 comments:

  1. RayNg1 December 2016 at 18:41:00 GMT+8

    Indeed, "To retire comfortably, households must consider their housing choice as part of their retirement planning," it said.

    So, G should look into modify some CPF policy... such as use up to 50% of OA for housing. In the end, more money will be in OA/SA for retirement.

    ReplyDelete
    Replies
    1. Createwealth88881 December 2016 at 19:19:00 GMT+8

      Need another crisis like 1998 AFC before this may happen.

      Delete
  2. RayNg2 December 2016 at 14:44:00 GMT+8

    Home ownership is an important pillar for retirement as houses can be used as an additional source of income later on in life. As such, CPF savings can be used to finance home loans. [CPF]

    https://cpf-intouch.sg/should-i-use-my-cpf-savings-to-finance-my-home-loan-repayments/?https%3A%2F%2Fcpf-intouch.sg%2Fshould-i-use-my-cpf-savings-to-finance-my-home-loan-repayments%2F%3Futm_source=FB&utm_medium=native&utm_campaign=intouch3

    ReplyDelete
  3. STE2 December 2016 at 21:13:00 GMT+8

    Yah ,,, from 1 room to 2 room , 3 room , 4 room , 5 room , 5I , EC , Condominium ( CCR, RCR,OCR ) , Terrace, Semi-detach , Detach , Bungalows , GCB ( good class bungalow) ,,,chasing and chasing ,,,, never ending ,,,, how to retire ,,, :-(
    Unless we born with silver spoon or " lim pek jin wu lui " ,,, :-)

    ReplyDelete

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