Save more than 60%. No need to invest??? (4)

Sunday, 1 March 2015

Read? Save more than 60%. No need to invest??? (3)


Uncle8888 met this single ex-colleague who is Minimalist No 1 with his no passport status. With no passport and that will mean he will have no costly overseas vacation expenses. 

He said he will be reaching retirement (at 62) in few year time; but he hopes that he will be able to work longer to accumulate more CPF and cash saving unlike Uncle8888 who has passive income and can retire early. He said he can't!

His retirement assets will be CPF, cash and if necessary rent out spare rooms. Currently; he valued privacy more than more money!