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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday, 29 November 2018

How Much Is Enough To Retire??? (3)



Read? How Much Is Enough To Retire??? (2)

 CW8888: One method is to benchmark to current median gross income of $4,437 including employer CPF contribution and net take home pay is about $3K


 For single $3K?

 For couple $4.5K?

 For retirees with fully paid residential home living at median income level in Singapore from their net worth's cash flow or investment income should be comfortable enough.

 Okay right?



Read? Incomes in Singapore up, with median salary rising above S$4,400: MOM report




Posted by Createwealth8888 at 20:39
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2 comments:

  1. RayNg29 November 2018 at 22:15:00 GMT+8

    You should have more than enough lah.

    House fully paid, child education done, no car or other capes expenses

    How much can you eat?

    ReplyDelete

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