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Month: December 2018

CPF on FIRE: CPF LIFE, what’s the optimal approach?

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Reading Time: 9 minutes Update (25/12/2018 12:00PM SGT): As pointed out by Adriel in the comments section (Thanks for the heads up!), the original post had the ERS amount incorrectly at 2x the FRS, however the correct amount is 1.5x the FRS. This has been fixed and it impacts the result of the withdrawal rate analysis. The CPF LIFE Scheme is a life annuity scheme that provides Singapore Citizens and Permanent … Read more

My “never have to work again” number – An introduction to the Safe Withdrawal Rate

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How much do you need to never have to work again?

Reading Time: 10 minutes This post will go into the basics of Safe Withdrawal Rate and the 4% rule, so if you’re already familiar with the concept, you may wish to skip this one. When speaking to my friends about financial independence – and the freedom you get from knowing you’ll never have to work again to earn money … Read more