My retirement goal is obviously to live comfortably. However this statement by itself is problematic. What do I mean by comfortably? Comfort means different things to different people. Then, is $550,000 enough then? At 65 and with maybe 20 odd years more to go… we probably need more when we are still healthy and can go about our way, meaning we might want to go on holiday now and then. As we get older, the desire to travel should probably decrease. However, healthcare cost on the other hand increases. I am not sure if S$550k will see us through then, comfortably I mean. For me, besides banging on CPF, which is on track to hit that “magical” number of S$550k, I am keeping up with various investment vehicles like stocks, properties, silver, etc. I am concerned about the current state of global economy, especially that of America 🇺🇸 with Donald Trump as its disruptive President. Increasing instability and insecurity will eventually led to market volatility, and crash.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
