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

Sunday, 27 October 2019

I Don't Live Off Dividend Income In Last Three Years In Retirement From Full-time Job As Employee


Read? Why Living Off Dividend Income in Retirement is Not Perfect


 Uncle8888 doesn't hate his CPF at all! 

 With CPF and local equities in SGX ; he can build sustainable retirement income for life model across future market and economic cycles and also help to avoid any sequence of return risks.

 Spur 30 September 2019 at 12:01:00 GMT+8

 Hi Uncle8888,

 Cash shield, yield shield, bond shield.

 I think very hard for negative sequence of returns risk to penetrate your triple shields! LOL!



Posted by Createwealth8888 at 22:29
Labels:

6 comments:

  1. CreateWealth888828 October 2019 at 09:45:00 GMT+8

    Investing for growth during retirement without the capability to inject regular capital from earned income require some degree of market timing

    ReplyDelete
  2. Siew Mun28 October 2019 at 10:44:00 GMT+8

    Yes, CPF forms a fixed income for me and my wife. I expect a $60,000 + 2% inflation from CPF + CPFLife annually when I turn 65 in 2030. Call me lazy but I will not depend on the volatility of dividends.

    ReplyDelete
  3. The Dreamzola Traveller28 October 2019 at 12:49:00 GMT+8

    Dividend income is just one of the many platforms for generating passive income la. There are other ways to make passive income, rental, bonds, fixed D etc. I believe ones shouldn't just dump everything into one basket and expect it to feed us for life.

    CPF is one of our insurance in our later stage of life, assuming the government don change rules, after 65 years old we gets another passive income from CPF. So i would say unless ones fully intent on retiring very very early before 65 years, there isn't much an issue whether dividend income can feed us forever. And if we planned well, the dividend income do stay sustainable after 65 years old, wouldn't it be cool to receive two sources of passive incomes?

    ReplyDelete
  4. tong28 October 2019 at 19:42:00 GMT+8

    This comment has been removed by the author.

    ReplyDelete
  5. tong28 October 2019 at 19:47:00 GMT+8

    That's why very hard to vote because of CPF for all workers as pension fund?

    Anyway be very careful not to vote a Singapore's DEMOCRAT CLINTON

    U can vote anybody U want but never a Singapore's DEMOCRAT (SUPER DECEIVER AND GLOBALIST)

    We just a little RED DOT with nothing & nobody to fall back on

    ReplyDelete
  6. James29 October 2019 at 05:29:00 GMT+8

    There is no need to withdraw from OA on a yearly basis. After 55 yo, if u hv sufficient Amy in yr RA, u can use you OA like a high interest bank account, and withdraw your cash on a monthly basis or anytime you need, to enjoy its higher interest rate. Good job in summarizing your cash flow model in retirement. Hope more Singaporean work towards it

    ReplyDelete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails