In last week’s article, I showed readers 2 different approaches to plan for how much do you need if you wish to retire at 55 years old so that you will have an income stream till 90 years old. We acknowledge that at some point, our CPF Life annuity income will be available for us to spend and thus will have to be factored into our planning. The 2 approaches were: Plan to have an […]
I know, I know. I’m starting to get hooked on these things! Ha! In case you haven’t been following along, I’ve written about the first and second direct mail retirement seminars my wife and I have attended. After the second one, I didn’t know if we’d go to another one, but turns out we did! I’m glad we did since this was a good one for a few different reasons. But I’m getting ahead of […]
A review of Cal Newport’s “Deep Work” through the lens of an early retiree, including the importance of focus in daily life without a career. The post Deep Work – Why It Matters to Early Retirees appeared first on The Frugal Engineers.
What habits you need to learn from financially independent people? The equation is not so plain and simple. It’s not you will earn more, and you get rich or financially independent, overnight. There are few other conditions and parameters, if you want to be among those, whose financial worries are significantly less than most of the people. We are talking about habits and practices that rich men in this world showcase, so as to be […]
Sequence of Returns Risk could be your major party pooper Imagine a hard-working individual name John who started saving and investing early and amassed a nest egg of $1m in his stock portfolio at the age of 65. He proudly produces his bank book, showcasing the magic retirement “figure” clearly imprinted on it to his […] The post Don’t let Sequence of Returns Risk be your retirement pooper appeared first on New Academy of Finance.