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22-02-2012, 11:11 AM
(22-02-2012, 10:40 AM)KopiKat Wrote:i think it doesn't really matter whether 6 or 7 digits. Of course the best is you don't have to lower your life style if you don't want to. i still mean after age 65 you should be easily satisfied with things of this world. And start thinking of next world if you are blessed to live till now. You may be a non-believer in the past. i know many of my comtemporary have gone much, much earlier.(22-02-2012, 10:01 AM)wsreader Wrote: quote :"...Actually as one aged(65 onwards), one need less and less things of this world...."
But somehow, the numbers worked out by financial planners are always a 6 digit figure. If the financial planners are correct, a lot of people cannot afford to retire.
The smallest 6-Digit figure is $100,000. So, ya, your financial planners are correct. Or do you mean 7-Digit figure? The ones I'd ever met uses $Mil like nobody business!
Cheers! & Shalom!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.