Even Jack Ma, the richest man in China has a retirement plan

Even Jack Ma, the richest man in China has a retirement plan

On 10th September, the richest man in China, Jack Ma has announced that he is retiring. The Chinese billionaire would step down exactly a year from now, with CEO Daniel Zhang succeeding him. Why would the richest man with the most valuable company in Asia want to retire? With that much power in the most…

Optimise your CPF retirement with this CPF Tracker spreadsheet tool
|

Optimise your CPF retirement with this CPF Tracker spreadsheet tool

SHARE YOUR FEEDBACK Your help is needed You are reading this post because you have some questions about your CPF and are seeking answers for them. I built this CPF Tracker spreadsheet tool 5 years ago to help me forecast what the Full Retirement Sum is likely to be when I am 55 and how…

Why I might choose to let my 99-year-leasehold HDB flat expire

Why I might choose to let my 99-year-leasehold HDB flat expire

Update: It was brought to my attention that some readers have misinterpret the purpose of this article when I used myself as a personal case study. While I try to keep my personal life mostly separated from this blog, I decided to share more information about myself. I did not have the good luck to…

50/30/20 rule: why experts got it wrong

50/30/20 rule: why experts got it wrong

US Senator Elizabeth Warren popularized the 50/20/30 budget rule in her book “All Your Worth: The Ultimate Lifetime Money Plan.” The basic rule is to divide after-tax income, spending 50% on needs and 30% on wants while allocating 20% to savings. Thereafter, experts have been recommending consumers to save 10-20% of their income. Even in…