Personal Finance
Retirement planning for my parents
By Financial Freedom by 40  •  June 20, 2020
One of the ways in which covid-19 has impacted my family is the growing concern that our household income may be affected as one of my parents is working in the oil and gas industry. Since both my parents are from the Merdeka generation (and also past retirement age), retrenchment is definitely front and center of their minds during this period of uncertainty. I decided to make a calculator to help my parents plan for their retirement. Unlike  the CPF calculator shared in part 1 of  "My Retirement Plan" series which is meant for individuals aged 54 or younger where the focus is on building up your CPF funds for retirement, the calculator I am sharing in this blog post is specifically meant for individuals who are approaching retirement or have already retired and would like to get a better picture of their income streams during retirement. The calculator helps to...
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By Financial Freedom by 40
I started investing (very very) small amounts in 2016 and have slowly built up my portfolio over the years. I enjoy reading up on new companies and searching for those that present good opportunities to invest. My goal is to achieve financial freedom by age 40!
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