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



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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

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Thursday, 30 December 2021

Can Panda/Koala Investors Retire in Comfort in Singapore With Replacement Income From SGX And CPF?

Read? Retiring in Comfort in Singapore - Replacement Income






Posted by Createwealth8888 at 20:25
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3 comments:

  1. mysecretinvestment31 December 2021 at 10:09:00 GMT+8

    This comment has been removed by the author.

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  2. mysecretinvestment31 December 2021 at 10:13:00 GMT+8

    Thanks for sharing CW. I have been reading your updates in your journey in retirement as such sharing by retirees are hard to come by. There are a number of such blogs by retirees in the US but are rare here locally. At 60, retirement looms near for me and I have been looking up to you as a role model.

    Like you, I have modelled my retirement sustenance income based mainly on dividend income from SGX and savings from CPF. We have an investment property that provides some rental income.

    This Covid has shown how wobbly the dividends and rental income streams can be. Only after constant infusion of cash into our stocks holding can we maintain our dividend income above $60,000. Our target is for $5,000 pm of dividend income. So realistically we can only count on our CPF savings to be there for us throughout our retirement journey.

    Based on this year's (2021) dividend and rental income, our updated passive income projections over our (for couple) retirement lifespan as follows:

    2022 (age 61)
    Dividend : $67,000 (received $67,836 in 2021)
    Rental : $36,600 (received $35,800 in 2021)
    Interests from OA&SA : $58,000 (based on 11 months interest)

    2023 to 2024 (age 62 to 64)
    Dividend : $67,000 pa
    Rental : $36,600 pa
    Interests from OA&SA : $58,000 (based on 11 months interest) pa
    SRS drawdown : $48,500 pa

    2026 to 2030 (age 65 to 69)
    Dividend : $67,000 pa
    Rental : $36,600 pa
    Interests from OA&SA : $58,000 (based on 11 months interest) pa
    SRS drawdown : $48,500 pa
    CPF Life payout : $50,000 pa

    2031 onwards (70 yo onwards)
    2023 to 2026 (age 62 to 65)
    Dividend : $67,000 pa
    Rental : $36,600 pa
    Interests from OA&SA : $58,000 (based on 11 months interest) pa
    CPF Life payout : $50,000 pa

    The CPF savings & CPF Life will form our income floor and we will have to depend on them. should the dividend and rental income source falter.

    Obviously working longer would help bolster our investment and thus the passive income flows.

    ReplyDelete
    Replies
    1. CreateWealth888831 December 2021 at 10:40:00 GMT+8

      Sharing of such data points may be good reference for retirement planning for younger generation in Singapore

      Delete

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