Personal Finance
What’s the Price ($) for my Retirement?
By Retirement Noob  •  October 29, 2015
As I save, then invest (and then reinvest), I asked myself how much exactly do I need for my retirement. How much is it necessary for retirement in general? Is there a magic number? If you ask yourself the question now, how much money do you think you need to retire? Is it S$1M, 2M, or 5M? I believe the magic number really depends on the type of financial level you would like to achieve. The financial level will also depend on the lifestyle you would like to maintain during your retirement. I remember reading Adam Khoo's Secret of Self Made Millionaires which he articulated 4 levels of wealth. Read: Four Levels of Wealth - Where are you at? Many would be familiar with the various terms like Financial Security, Financial Freedom. Financial Independence, Financial Abundance, Absolute Financial Freedom etc. There are just too many terms trying to differentiate the ...
...
Read the full article
By Retirement Noob
This blog is all about my journey towards my goal for retirement. Living in Singapore has its merit, but it comes at a price of worrying about our retirement. My ultimate goal is to build passive income which will allow me to retain my lifestyle even after I have retired. This blog will hopefully document the growth of my investment portfolio and share with others that it is possible to be a Millionaire with a middle-income salary.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance
Invest [Globe Newswire] Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Taiwan By Eight percent per annum • March 28, 2024
Invest The Future of Banking: Should I Open a Digital Bank Account? By Planner Bee • March 28, 2024
Invest Single and Not Yet 35? Here Are 5 Ways To Use Your CPF Savings By Planner Bee • March 28, 2024
Invest Unplugging for Wellness: How To Improve Your Mental Health Through A Digital Detox By Planner Bee • March 28, 2024