Retirement is Over-Rated
So going back again to my blog last Sunday, bottom line, I will need 480,000S$ (estimated 15.84M Php) not taking in consideration inflation. If I don’t invest, if I start at the age of 40 and if I want to retire at the age of 65, I need to save 1,600S$ (52.k Php) per month or 19,200S$ (633.6k Php) per year. But the power of investing and compound interest can be seen in the wealth calculator below: You may be…