Reading Time: 19 minutes So – if you’re like me – since you’ve learned about this FIRE (Financial Independence / Retire Early) thing, you’ve been super excited to get started. You’re super pumped to plan your savings journey down to the day when you can say “SAYONARA!” to having to work to make a living forever. However, you’re not … Read more
Reading Time: 15 minutes Why bother thinking about an optimal withdrawal strategy? Well, what’s the point in saving and investing if we’re not going to enjoy the fruits of our labour? Eventually, once we’ve accumulated enough in our retirement accounts to meet our FIRE number, we can pull the trigger and start living off of the income that can … Read more
Reading Time: 18 minutes Everybody has to pay income tax, but there’s no sense in paying more than you need to. What if there’s a perfectly legitimate way to reduce your tax obligations that is sanctioned by the Singapore government, would you take advantage of it? How would you even start? Well, the Supplementary Retirement Scheme (SRS) is one such way. In this article, I’ll be diving into the details on how SRS works, what you can do with it, as well as an example of how I will be incorporating it into my FIRE plan.
Reading Time: 4 minutes “What are the core tenants of the FIRE movement and how will that help me to retire early?” “What is it like to be on the journey to Financial Independence and what are some of the challenges that I would face along the way?” “I’m on board with the idea of FIRE but where do … Read more
Reading Time: 9 minutes After the analysis I’ve been doing on the STI ETF and the findings that came from that analysis, it’s been making me wonder if we should be investing our CPF OA monies in the STI ETF for the better returns. If you’re not yet aware, as part of the CPF Investment Scheme (CPFIS), the Singapore … Read more