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
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Saturday, 1 May 2021

How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (4)

Read? How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (3)

Hmm ... do we really spend less after retirement if based on per headcount instead of using total household expenses for married couples with children?



Posted by Createwealth8888 at 19:55

1 comment:

  1. Spur2 May 2021 at 16:05:00 GMT+8

    Hi Uncle8888,

    For most people, the biggest drop in expenses after retirement will be mortgage.

    But for people like us who have already long ago paid-up our residential property, then per capita expenses in retirement won't really see a big drop compared to the years just before retirement.

    Another point which is quite common sense is that the 1st 5-10 years of retirement will in fact see BIGGER per capita expenses.

    Why?

    Coz now got time & money to enjoy mah! Longer-distance holidays, nicer hotels, splurge at higher end restaurants & spas. Usually after 5 or 10 yrs of this then will be sian of it liao. Yours just got interrupted by Covid. ;)

    ReplyDelete

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