Personal Finance
Commentary: More retiring later, but is it for the right reason?
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  January 7, 2018
Read? More retiring later, but is it for the right reason? The reality of retirement only starts to dawn for most people in their 50s, leading to unhealthy reasons for continuing to work, says the Singapore University of Social Science’s head of the gerontology graduate programme. SINGAPORE: As a sociologist and a gerontologist, the retirement phase is of great importance and interest to me. From the life-course perspective, retirement is the cessation of gainful activity or full-time work. It is a phase in one’s life which has accrued much attention due to the growing longevity of human beings and demographic ageing of most societies around the globe. In Singapore, the retirement age has been increased from 60 to 62 years, and re-employment is possible until 67 years and beyond. Today, more seniors aged 55 to 64 are working than ever before. One reason why people are retiring later may be that attitudes about retirement are shifting as people live longer lives......
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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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