Upon reaching 65 in Oct 2021; Uncle8888 can depend on his CPF for passive income with draw-down strategy to spend all his CPF money starting from $60K and factoring 2.5% yearly inflation to $100K in 2041 @ 85 years old.
About The Author
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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