Personal Finance
How Much Is Enough To Be Safe For Sustainable Retirement Income For Life??? (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  July 4, 2015
Read? How Much Is Enough To Be Safe For Sustainable Retirement Income For Life??? Read? The Rule of 300: How Much You Need for Retirement Uncle8888 also used The Rule of 300 for his retirement income for life planning See? Retirement Income for Life??? (9) Wealth = Asset Value + Cash flow The Rule of 300 = Asset Value = Net Worth = 25 x Expected Yearly Living Expenses = Reaching the Edge of FIRE (Financial Independence Retire Early) Cash flow = 4% Withdrawal BUT .. If our asset value or net worth is too dependent on the volatile market for 4% withdrawal; ......
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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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