Personal Finance
FIRE Is That Easy As We Have Thought (3)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  July 31, 2019
Read? Single elderly households in Singapore need S$1,379 a month for basic needs: study Read? FIRE Is That Easy As We Have Thought (2) Last week; Uncle8888 went back to his ex-office cafeteria to have kopi with his ex-colleague who will retire next week at 60. Official retirement age is at 62 and can be re-employed till 67. Why retire early when we can still work for a few years to build up fatter retirement fund? For one simple reason? Yes, we may love our job; but we may not love the workload throws at us especially during the tail end of our career on stagnant salary.  We seriously like to slow down; but the work environment may not allow it.  That is the dilemma!  Yes, we can deliberately slow down our works; but we will become liabilities to the team. One day; our bosses may have no other choice; but find ways...
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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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