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Old 14-07-2007, 08:33 PM   #1 (permalink)
monkeybusiness
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Default When do you plan to retire and what is your strategy?

Anyone of you have thought of by what age do you intend to retire and enjoy life?
Doing all the things you love to do?

I am thinking of reaching financial freedom by age of 45 (if possible, even earlier) and i can have the freedom to choose to work or not to.
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Old 14-07-2007, 10:22 PM   #2 (permalink)
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Default Re: Retirement

45 would be fantastic. But maybe 50?

I ever thought of going to lesser developed places like Vietnam, set up a bar by the beach and just relax through my old age.


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Old 14-07-2007, 11:24 PM   #3 (permalink)
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Default Re: Retirement

40 for me. Working on it now. =)
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Old 14-07-2007, 11:38 PM   #4 (permalink)
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Default Re: Retirement

Wish to have a good career by 35-40 years old..earning a good sum of money..and enough to let me live till old age. Hopefully even earlier to have a business of my own.
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Old 15-07-2007, 01:39 AM   #5 (permalink)
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Default Re: Retirement

i will retire 39 yo, set up orphanages and be a father to these kids!
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Old 15-07-2007, 01:44 AM   #6 (permalink)
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Default Re: Retirement

Planning to retire at age 45 after that can tour the world without worries.:mellow3:

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不是施舍而是关怀。

不是表面的礼貌,

而是内心的尊重。


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Old 15-07-2007, 08:34 AM   #7 (permalink)
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Default Re: Retirement

majority are aiming for the range between 40 to 45
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Old 15-07-2007, 08:35 AM   #8 (permalink)
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Default Re: Retirement

Hope monkey don't mind, why not we change the topic abit...
How about, when do you want to retire, and how do you plan to achieve it?

I think this would be more interesting, and more worthy a discussion.


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Old 15-07-2007, 08:49 AM   #9 (permalink)
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Default Re: Retirement

Quote:
Originally Posted by djchris
Hope monkey don't mind, why not we change the topic abit...
How about, when do you want to retire, and how do you plan to achieve it?

I think this would be more interesting, and more worthy a discussion.
yeah..i have no problem with that:biggrin4:
but how to change the title? i have never done it before...
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Old 15-07-2007, 08:57 AM   #10 (permalink)
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Default Re: Retirement

Quote:
Originally Posted by monkeybusiness
yeah..i have no problem with that:biggrin4:
but how to change the title? i have never done it before...
I think when you are in the thread list, click on the box that your thread in. The ajax script will allow you to edit it.


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Old 15-07-2007, 09:17 AM   #11 (permalink)
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Default Re: When do you plan to retire and what is your strategy?

done!

my strategy right now is maintain my main primary job, get a sideline income, save the money prudently and invest wisely.
getting passive income from stocks as well...

(yeah, i know that it sounds too "model answer"...but that's what i am doing now)
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Old 15-07-2007, 10:03 AM   #12 (permalink)
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Default Re: When do you plan to retire and what is your strategy?

Hopefully can retire by the age of 40! I not only going to get my dream realised by investing in financial instruments but also setting up a business :biggrin4:
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Old 15-07-2007, 10:09 AM   #13 (permalink)
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Default Re: When do you plan to retire and what is your strategy?

hmm... i also "planned" to semi-retire by age 40. meaning i can go for a lesser stressf full time job or part time/temps job. but by then may be it will be difficult, not impossible, to get a job. :p

but my FA review my finances and give me the bad news! LOL! anyway i also dun have many things i want to do if i really fully retire. so semi-retire shd be good for me.

btw, cpf website got a retirement calculator, no harm to go try that out.
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Old 15-07-2007, 04:18 PM   #14 (permalink)
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Default Re: When do you plan to retire and what is your strategy?

Hmmm...i'll prob work til during my late 40s. Then quit my specialised job and go for sth more relaxing, just to past time. Then by then hope to set up a simple business and earn extra income? Can travel around the world. Do voluntary work. But doubt i'll migrate coz my kids prob still schooling in sg.

My strategy same as the rest i guess. Work hard and move up the ladder. get higher pay. invest savings on investments/shares. save as much as i can.
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Old 16-07-2007, 02:02 AM   #15 (permalink)
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Default Re: When do you plan to retire and what is your strategy?

Get a source for passive income. Once its more than my expenditure, then I can be considered retired.

Hopefully by 35-40, I can do it.

All posts made are of subjective nature by default, unless explicitly mentioned. I am afterall still human.
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Old 16-07-2007, 02:04 AM   #16 (permalink)
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