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
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Thursday, 14 January 2021

My Sustainable Retirement Income For Life In Singapore - Panda/Koala Retail Investor And CPF Loving Citizen!!!

 



Posted by Createwealth8888 at 09:13
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3 comments:

  1. Spur14 January 2021 at 13:34:00 GMT+8

    Hi Uncle8888,

    Hoho, don't think you'll need to decumulate your SA/OA for many years to come!

    Unless you're helping your kids to buy properties 😬

    ReplyDelete
  2. CreateWealth888814 January 2021 at 20:15:00 GMT+8

    Do you mean transfer OA to RA or cash top up?

    Cash Top is earning 4% decreasing compounding interest as there partly principal draw-down.

    OA to RA will mean 35% less in CPFIS as war chest to invest.

    More CPF monthly Annuity or more liquidity and war chest?

    Apple or Pear?

    Not easy to decide. LOL!

    ReplyDelete
  3. CreateWealth888814 January 2021 at 20:16:00 GMT+8

    I don't quite believe in voluntary CPF top up. Bad example!

    ReplyDelete

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