(1) It is about knowing our past household expenses history and adjusting for inflation for the future years till 8X, 9X, or 1XX. Use the historical highest annual household expenses as benchmark or reference level for the future years.
(2) Setting up some cash buffer with self-insurance funding in addition to our existing medical insurance coverage
(3) Home as Asset of Last Resort
(4) Is cash flow sustainable over the future assets?
With all these preparation and planning and still fail; then accept it as Fate.
Uncle8888's way of retirement planning using his Three Taps Solution model: ......
