Do you have enough to Retire?

[Leongsam]

boss,
the rich got richer fastest, the middle class finds it hard to play this game of catching, the lowest rung can buy a hope with 50cts per TOTO draw.

That's not true. Many of the world's latest billionaires started from relatively humble beginnings.

 

[zhihau]

That's not true. Many of the world's latest billionaires started from relatively humble beginnings.

hmm... maybe me should start investing using other people's money :p:p:p

 

[Leongsam]

hmm... maybe me should start investing using other people's money :p:p:p

If all you want to do is make a couple of million bucks, you probably don't need any seed capital or any staff.

I'll take this opportunity to remind everyone once again that in order to earn a tidy sum, you don't need to grow a giant corporation. All you need to do is to get 10 people a day to part with $20 monthly.

 

[chootchiew]

Only 27% of adult Singaporeans said that they had sufficient funds to retire, compared with 61% of Thais and 47% of Malaysians, according to an insurance company survey.

:(:(:(:(:(:(

So what should govt do to help? Surely it's their responsibility too?

DOne some research on this question of "How much is sufficent for 1 to retire" and found this formula -> (your annual salary X your age) / 10

The result looked not quite rght for me, but interestingly that is the amount I am having now.

 

[chootchiew]

If all you want to do is make a couple of million bucks, you probably don't need any seed capital or any staff.

I'll take this opportunity to remind everyone once again that in order to earn a tidy sum, you don't need to grow a giant corporation. All you need to do is to get 10 people a day to part with $20 monthly.

I am thinking on how to get 100 people to part with $0.50 cents per day randomly..your advice sounds similar to my intention but mine is as a beggar .

 

[Leongsam]

I am thinking on how to get 100 people to part with $0.50 cents per day randomly..your advice sounds similar to my intention but mine is as a beggar .

As long as your give something in return, you aren't begging. :p

 

[zhihau]

As long as your give something in return, you aren't begging. :p

me was thinking of giving them a big big smile with a "thank you" all thrown in, that helps?

 

[Marilyn]

All you need to do is to get 10 people a day to part with $20 monthly.

Would you like to be the first to contribute to my retirement funds? I'll say 1 good thing about your pet horse for 20 bucks!