Read?
Just one-fifth of Singaporeans confident CPF will meet retirement needs: Survey
How to have enough to retire at 60s?
Three steps ....
Step 1: Manage spending
Step 2: Increase earned income and saving
Step 3: Compound investment return through either growth-dividends or growth-cash flow investing strategies.
Don't be too focus on income-dividends strategies when we are younger. We may not be that good at re-investing for compounding gains. Sometime, it is better to stay invested with good stocks and let the Management do the job for us.
Step 1 and step 2? Uncle8888 can't help you much!
But,
Step 3: This is where Uncle8888 can help to show you how he has done it with his not-high and single household income with three children and surviving over his highest expenses bombing for his three children's university education costs.
Read more? ......