Skip to toolbar

Browsed by
Tag: investing

Retirement is Over-Rated

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…

Read More Read More

How Much Money Do I Need Upon Retirement?

How Much Money Do I Need Upon Retirement?

A friend asked me one time how does she know the amount of money she needs upon retirement. I answered her, I am not an expert but it is really based on assumptions and then we came up with the scenario below. Assuming, I will retire by age of 65 I will spend 2,000S$ (roughly 66k Php) monthly or 24,000S$ (~ 792k Php) annually I will live until the age of 85 I don’t have any investment and no source…

Read More Read More

Rude Awakenings

Rude Awakenings

A week ago I had a rude awakening at 5:30 am.  For people who know me, they would think that this is unusual and very early for me.  But on that day, when I woke up I had to double check the actual time I woke up versus the train departure time. It was indeed a rude awakening when I saw that the train departure time was 6 am and I didn’t want to miss that train as it was…

Read More Read More

10 Most Popular Blogs From 2015 You May Have Missed

10 Most Popular Blogs From 2015 You May Have Missed

A Happy New Year to you dear blog readers! I wanted to wrap up the year 2015 by sharing with you my most popular blog posts where you may able to get some nuggets of wisdom whether new or refreshing insights.  I hope you enjoy reading them in the same way I enjoyed writing them. Here’s the recap of 2015’s Top 10 Most Popular Blog Posts: 3 Myths of Investing Four years of investing in stocks and mutual funds may…

Read More Read More