Below are some of the tips I have been practicing and I hope it helps you to achieve your sweet retirement. Please feel free to share more tips with me in the comments below.

#1 Invest For Passive Income

If you have followed my blog, you know that I am a dividend investor. As a dividend investor, I collect dividends from stocks that I bought, accumulate cash and re-invest them. Occasionally, I will do a stock take of how much cash I have on hand versus the amount I invested (Seventy Four Percent Invested, Twenty Six Percent Cash). I try to maintain at least 30 percent cash versus 70 percent investment. Anything above 30 percent, I will invest them if opportunity arises. If there is no current opportunity, I will park the cash in Singapore Savings Bonds which I think is an excellent place to keep your war …