How much do you need for Retirement at Age 65? - Personal Finance Ep 2

Learn tips, tricks and strategies that'll help you build your own passive income today with Christopher Ng Wai Chung at: / @earlyretirementinvestor
Can CPF Life Payout sustain you for Retirement? Find out how and what you should do to ensure you have enough money to retire!
If you prefer to be more proactive in financially securing your retirement, join us at Chris' early retirement masterclass: www.drwealth.com/ermintro/
LIKE what you saw? Tap the BIG RED "SUBSCRIBE" button & the BELL next to it, and you'll never miss another stock analysis!
FOLLOW DR WEALTH!
Web: www.drwealth.com/
Facebook: / drwealth.sg
TH-cam: / drwealthvideos
Instagram: / drwealtheducates
Twitter: / drwealthasia
--------
There's a way for retail investors to beat the pro. It's been proven by economists: bit.ly/2QMqaKz

[@hengjessica5930]

What happen if the wife is a homemaker, she will not have Cpf life to rely on. The couple will only have $1,170 to spend. With good and services prices keep going up, life is definitely a challenge.

[@margaretsoo1235]

Thank you for explaining in easy to understand terms and steps - I should have gotten to know this earlier to have made better decisions.

[@kimmyng8862]

Approx $2500 for husband & wife upon retirement. What will the amount be if we still need to support our aging parents.

[@user-iy5vu2yv3y]

Correct me if I'm wrong, but I thought Household Income includes ER contribution of 17%?

[@Jerry-tb8qx]

Live within your means... How about standard plan pay out?

[@cheeweefoo4590]

we dun need the investment,just want to know at 65 of age ,how much can i withraw from RA,why keeping talking stock investment,waste time

[@yapjerry2000]

What about retire at age 55?

[@pereirakelvin67]

Not to worry about reaching 65 and live comfortably with your CPF payout as long as you have job. Just go for BRS and take out as much as possible. Just take half to enjoy yourself and half in investment (do your homework b4 investing) Do remember that you still have your house as an back up retirement sum. After all 2 old couple don't need such a big house, doing housekeeping will kill you. Keywords investing in somethings that give you passive income. This will get you by even your BRS payout is low.

[@ngchan1682]

Just to clarify... This is 2018 video?

[@iliketowatchutube6893]

No lah... mentions 2020 median and average incomes... so unless got crystal ball... :)

[@zackchia6827]

why do you guys keep advocating for useless singapore stocks? start investing in the us economy