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!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Saturday, 20 May 2017

The Myth Of Lower Expenses In Our Retirement???

There are some saving on job related expenses; entertainment and gifts expenses related to office colleagues; but these saving may NOT be significant to lower the annual household expenses.

 If we really want to lower household expenses; STOP travelling. We will see significant drop in annual household expenses.

 Think of early retirement and travel more and can still lower annual household expenses. Think again! It is just another myth!

Posted by Createwealth8888 at 08:13
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3 comments:

  1. starlight21 May 2017 at 13:08:00 GMT+8

    I am most worried about the medical expenses during retirement

    ReplyDelete
    Replies
    1. Createwealth888821 May 2017 at 13:10:00 GMT+8

      This comment has been removed by the author.

      Delete
    2. Createwealth888821 May 2017 at 13:11:00 GMT+8

      Should be we are all worry when we are still capable of thinking for ourselves

      Delete

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