Quote:
Originally Posted by davidlah
1) Set a time frame for the end of your active lifestyle. Maybe a range between 85 and 95 years old. Then you do backwards calculation how much you can spend all including all capitals. As I get it from most of the people here that they wont left a single cent to their offspring or anyone. Then no point leaving anything of value, might as well spend it all.
2) Consider annuity plan pegged to inflation in your arsenal of retirement funding. No one get this money if they kill you.
3) Leave a small property in Singapore as a small insurance in case you find it hard to die. Maybe a senior citizen hdb flat.
4) Lastly, you can plan as much as possible, but people change,environment change, you yourself change and your health deteriorate. Take that into consideration and imagine your frail future self.
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Well said and well thought...believe me or not...will not bring any gal to my condo/apt if I do own any...there were plenty of sob stories to tell and scary...
also believe me or not...what you mentioned above and previous forums...all I did or done deed...
Will still bring gal go hotel for any making over...