How Much Do You Need to Retire? (SCROLL BELOW TO SEE A SAMPLE RETIREMENT PLAN) ____________________________________________________________________________ Above is a general table to estimate your expected monthly expenses and the amount to save by then. Assumptions • Retirement age is 65 years old. • Retirement income to last for 20 years. • Return on investment during retirement is 4% […]
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Buying within your means
THE ARTICLE WAS FIRST PUBLISHED ON THE STRAITS TIMES 4th August 2010 By Tilak Abeysinhe and Gu Jiaying IN THE rush to secure a home amid escalating property prices, first-time homebuyers, especially young adults, may inadvertently commit themselves to properties beyond their means. Since mortgage payments and other home bills take priority over other basic necessities, […]
The Importance of Retirement Planning Series 1
First of all, what is retirement planning? Retirement Planning is the process that assists individuals to become financially secure at retirement to live at a desired comfort level without the need for employment income. In this first series of the 10 part series, we will discuss why is it important to plan for your retirement. […]