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.

Think Investing as Tug of War - Read more? Click and scroll down



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

Saturday, 19 January 2019

I am on Retirement Sum Scheme (RSS)


Uncle8888 will be receiving $1,170 per month from 65 to 88 yrs old.


Posted by Createwealth8888 at 17:05
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3 comments:

  1. Siew Mun20 January 2019 at 08:54:00 GMT+8

    Uncle what is the amt u set aside to receive $1,170?

    ReplyDelete
  2. Createwealth888820 January 2019 at 09:29:00 GMT+8

    FRS of $131K transferred from SA to RA on Sep 2011 upon reaching 55

    ReplyDelete
    Replies
    1. Createwealth888820 January 2019 at 22:01:00 GMT+8

      XIRR is 4.4% over 33 yrs from Sep 2011 RA deposit to monthly withdrawal from Sep 2021 Aug 2044 (23 yrs)

      Delete

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