The Strategy
Embracing Three Taps Solutions to Retirement Income For Life Model
Estimated Total Cash Flow Outcome for 2016
After Uncle8888's 60th birthday in Sep 2016, he will UNJOB himself from the corporate world from minding Bosses' KPIs to minding his own money and receives cash flow as follows:
(1) Basic Annual Pay (It is more like fixed income with small variation on year-to-year) : Interests
(2) Variable Bonus: Dividends from his local SGX stocks portfolio.
(3) Performance Incentive or Claw back: Trading P/L. This is 100% performance based on his trading skill or craft. It is either incentive or claw back.
Knowing his annual household living expenses
Sources of Cash Flow
Plan B (Backup Cash Flow from Tap 1)
Not depending 100% on Mr. Market for survival!
Building Sustainable Retirement Income For Life ...
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