who retire with just 1mil?

[rrr2015]

I think he retired with less than that. Was something like $30k
He was laid off at age 40 then put all his money into stock of the company that laid him off.
The stock went 200x.

wow that's very lucky & daring leh
30k for 2pax really frugal

 

[billiejoe]

Got 1m and good health is good. If got 1m but health very bad, is of no use.

 

[Lance321]

1 mil is too low. 2.5 mil and above is more ideal.

 

[enimen]

I don't even have 20k. Retire sai la

 

[cyke69sg]

wow that's very lucky & daring leh
30k for 2pax really frugal

His wife still works to this day.
He was steadfast with his investment plan. When it went to 300k he thought of selling but decided not to. Now it is 6.6m.

 

[focus1974]

According to cna your 1m worth us$780m. Just use a bit buy golden visa, everyday can orgy, come edmw laff

I'm a multi billionaire in USD!!!!!
my dreams come true liao!

 

[cyke69sg]

I don't even have 20k. Retire sai la

It will build up with time. You will get there .

 

[cyke69sg]

I'm a multi billionaire in USD!!!!!
my dreams come true liao!

SGD so strong!

 

[focus1974]

SGD so strong!

The reporter mastery of math and finance is god mode.

 

[dereth]

I think he retired with less than that. Was something like $30k
He was laid off at age 40 then put all his money into stock of the company that laid him off.
The stock went 200x.

LOL Bro, where got 30k? Dun anyhow blow me up until so big lah... I will paiseh one.

but but but moi only interested how he retire with 500k

When I was retrenched and thus retired at 40, I had about S$300k worth of my ex-company's stocks, which I DCA-ed for over 8 years. My cost basis is probably less than $50k when I acquired the stocks, committing at least 10% every month.

With the rest of my savings and dividends (I think it was about S$800+ monthly after 30% tax), I figured I could survive lean for a while. I contemplated selling some stocks and diversifying, since the price was stagnating... In the end, I left it untouched.

My wife was also still working. I was thinking of taking of merely taking a break year or two. One thing lead to another...

7 years later, the stock is now worth almost S$7m.

 

[dereth]

His wife still works to this day.
He was steadfast with his investment plan. When it went to 300k he thought of selling but decided not to. Now it is 6.6m.

I'm just waiting for her to retire.

It's her choice and once she does so, we will finally enjoy our retirement together.

Here's my old thread in 2017 when I was still employed and asking for advice on diversifying.

https://forums.hardwarezone.com.sg/threads/if-you-have-s-300-000.5619480/

 

[cyke69sg]

LOL Bro, where got 30k? Dun anyhow blow me up until so big lah... I will paiseh one.


When I was retrenched and thus retired at 40, I had about S$300k worth of my ex-company's stocks, which I DCA-ed for over 8 years. My cost basis is probably less than $50k when I acquired the stocks, committing at least 10% every month.

With the rest of my savings and dividends (I think it was about S$800+ monthly after 30% tax), I figured I could survive lean for a while. I contemplated selling some stocks and diversifying, since the price was stagnating... In the end, I left it untouched.

My wife was also still working. I was thinking of taking of merely taking a break year or two. One thing lead to another...

7 years later, the stock is now worth almost S$7m.

I really envy you bro.

 

[rrr2015]

LOL Bro, where got 30k? Dun anyhow blow me up until so big lah... I will paiseh one.


When I was retrenched and thus retired at 40, I had about S$300k worth of my ex-company's stocks, which I DCA-ed for over 8 years. My cost basis is probably less than $50k when I acquired the stocks, committing at least 10% every month.

With the rest of my savings and dividends (I think it was about S$800+ monthly after 30% tax), I figured I could survive lean for a while. I contemplated selling some stocks and diversify, since the price was stagnating... In the end, I left it untouched.

7 years later, the stock is now worth almost S$7m.

heaven must be smiling on you

yeah take some profit upgrade your lifestyle like better healthier food.

 

[cyke69sg]

I'm just waiting for her to retire.

It's her choice and once she does so, we will finally enjoy our retirement together.

Here's my old thread in 2017 when I was still employed and asking for advice on diversifying.

https://forums.hardwarezone.com.sg/threads/if-you-have-s-300-000.5619480/

I really envy you bro. You are a legend!
You and @Bumperbee88 are my heroes in EDMW.

 

[dereth]

I really envy you bro. You are a legend!
You and @Bumperbee88 are my heroes in EDMW.

Everyone is my hero in EDMW!

 

[cyke69sg]

Everyone is my hero in EDMW!

I love your attitude and personality
You write well too. You English is very good.

 

[C_boliao]

With or without cpf n hdb?

 

[crawler]

if 1mil moi still got hope...
I'm only abt 990k away...

Third world SPR

 

[pmetpmet]

I can retire with $0 savings, as long as PAP keeps giving out CDC vouchers

 

[dereth]

I love your attitude and personality
You write well too. You English is very good.

Thanks and I am humbled... I think my English is just about good enough to be understood.

Too much TV in my youth.