I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Thursday 22 April 2010

New survey shows 60% of Singaporeans want to retire by 60

By Satish Cheney

Posted: 22 April 2010 0631 hrs

SINGAPORE: A new survey showed that 60 per cent of Singaporeans want to retire by the time they reach 60 years of age.

However, only 40 per cent have developed - or intend to develop - a proper retirement plan.

The survey was commissioned by Russell Investments, a global financial services firm.

The aim is to show how Singaporeans are preparing for life after work.

The company said that less than 20 per cent have accessed professional financial advice when it comes to retiring.

More than 500 fully-employed Singaporeans aged between 35 and 55 participated in the poll conducted in December 2009 and January 2010.

A big fear for more than half the respondents is that they will outlive their money.

In fact, around 70 per cent said they are "very likely" to indulge in part-time employment when they retire.

"Singaporeans are actually preparing themselves for a decline in their quality of living during retirement - no wonder the majority of locals aren't looking forward to their retirement years," said Edmund Teo, Regional Director, Sales and Marketing at Russell Investments.


9 in 10 S'poreans do not feel well prepared for retirement - Revisit

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