EDMW Retirement Thread

[HadouKen Shoryuken]

With my pathetic reserves, will retire in China under Q1 visa.
Take gao tie travel around. Use VPN log into EDMW to jjww. Behind wifey's back go plaza dancing (guang chang wu) xian aunties

 

[RSKeisuke]

i'm single, aim to die with zero... current target is 57-58

cash, cpf life, life policies and ETF portfolio

 

[LoaGong12]

Being single is easier to achieve. Those have SRS, 62 can start draw down or take out too.

but dink is the best

 

[LoaGong12]

if single then this plan no problem.

dink even easier lah

 

[LoaGong12]

i'm single, aim to die with zero... current target is 57-58

cash, cpf life, life policies and ETF portfolio

should look into annuities if want to die with zero

 

[LoaGong12]

Plant to retire before 50 yo.
Achieving it with 'Power of CD'!

My FY2025 Portfolio Update

from what investments?
how much have you been adding ever year? can’t be just compound

 

[LoaGong12]

With my pathetic reserves, will retire in China under Q1 visa.
Take gao tie travel around. Use VPN log into EDMW to jjww. Behind wifey's back go plaza dancing (guang chang wu) xian aunties

what is Q1 visa?

 

[Chips4zoo]

Honestly, no idea what age I can retire lah Not much savings either, just taking life one step at a time and hoping things will work out.

 

[cyke69sg]

2.4k per month enough to retire?

 

[KakiMeow]

God will provide

Just ask God in Jesus' name, it's FREE

Imagine ask and get, like strike TOTO
But TOTO nid money wor

So try it

 

[carey]

Plant to retire before 50 yo.
Achieving it with 'Power of CD'!

My FY2025 Portfolio Update

My role model hahah

I started my dividend portfolio quite late as I was chasing "growth" previously

Only really started focusing on dividends in the last 3 years or so

 

[Laguna123]

dink even easier lah

If your partner spending not align with you then can’t.

 

[cyke69sg]

My role model hahah

I started my dividend portfolio quite late as I was chasing "growth" previously

Only really started focusing on dividends in the last 3 years or so

Dividend is Psychologically better than growth.
And don't have to have all growth or all dividends. Can have both portfolio.

 

[Emperor_Hippo]

With combination of ur cash savings, and follow by ur cpf payouuts, then including passive income, if any

technically can tong with cash savings alone from 55 till 65, then draw from FRS, if really want to retire

but from then on, have to live within a budget of ard $2k from 55 till 65, then from 65 collect FRS monthly payout of ard $1.7k

but at least a basic safety net is established

not planning to retire at all.

yah, work until die.

 

[lampano]

seriously another retire thread
hiaz


and how is 2k per mth and FRS1.7k per mth is safety net sio??

 

[jumpthepig]

With combination of ur cash savings, and follow by ur cpf payouuts, then including passive income, if any

technically can tong with cash savings alone from 55 till 65, then draw from FRS, if really want to retire

but from then on, have to live within a budget of ard $2k from 55 till 65, then from 65 collect FRS monthly payout of ard $1.7k

but at least a basic safety net is established

Seriously, many young sinkies will tell you: depends when parents pass on and when get inherit parents' savings and investments. The earlier they go, the earlier can retire lor!

Some old Sinkies also hope to lorry up earlier, so that they can leave more money for the children to retire early.
Zhou Yu da Huang Gai—one willing to beat, one willing to suffer! 周瑜打黄盖, 一个愿打，一个愿挨

 

[carey]

Dividend is Psychologically better than growth.
And don't have to have all growth or all dividends. Can have both portfolio.

Depends on mindset bah

When younger, growth is more attractive with 3x or more returns

But now older, anything with decent >5% yield is good hahah

Ya, I got a mix of both all along but last time, dividends were good to have, not essential

 

[cyke69sg]

Depends on mindset bah

When younger, growth is more attractive with 3x or more returns

But now older, anything with decent >5% yield is good hahah

Ya, I got a mix of both all along but last time, dividends were good to have, not essential

You retired already?

 

[articland05]

Inflation will eat into your $2k pm

in 10 years the purchasing power of $2k is more like $1k today

that's why PAP increase FRS ceiling every yr ma... to counter inflation

 

[carey]

You retired already?

Not yet

Planning to retire in 3 years once my dividend portfolio hits my target investment size hahah