For those who are in the 45, you can still retire as a millionaire provided you do the following:
1. save S$2000 every month;
2. have an investment of at least 7% of rate of return;
Some other tips like:
a. All debt must not exceed 35% of the monthly income;
b. Have 10% of savings every year;
c. Always keep at least 3 months as emergency fund;
But only those with household income of S$10,000 can afford to do so.
No comments:
Post a Comment