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Put More into Building Wealth Early, then divert Income to More Spending for Higher Income Couples
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 24, 2015
Read? Put More into Building Wealth Early, then divert Income to More Spending for Higher Income Couples .... I got triggered by someone exploring the possibilities of front loading their wealth building, such that after a certain age, they can stop putting money towards wealth building, yet have enough to retire at the age of 65 years old. Uncle8888 fully agreed with the above as he has achieved it. On his human asset ... On his Financial Assets ... Since Jan 2000, Uncle8888 didn't put in a single cent into his investment portfolio as he believe he has enough war chest for his investment portfolio. More importantly, he has to mitigate the Risk Of Liquidity Needs and recognizing the effect of his depreciating human asset. At anytime, he might be retrenched in the next economic crisis so he has to build up his emergency fund in term of X years ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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