This is the final blog post which should be read together with the two I wrote this weekend to encourage young people to save and to invest in the stock market.
The aim of "Retiring a millionaire is not a dream!" is to shake all negativity from the mindsets of the young who think that it is impossible for them to have S$1 million in cash (without counting the money in their CPF or selling their HDB flats) when they retire at age 65 in the distant future.
With the help of numbers provided by The Business Times, the companion blog post "What is S$1 million dollars at retirement? Peanuts?" aims to demonstrate how $1 million is enough for retirement expenses, given certain assumptions.
In this final blog post which would complete the trilogy of blogs, I am going to tell you that there is no need to constantly ......