Skip to main content

The cycle of life

 Which phase of this cycle are you on?

Just born into this world?

Growing up and enjoying carefree childhood?

Getting educated be ready for the world?

Completed education and going to make your mark in this world?

Found a partner and settled down?

Got a home and started to have babies?

Kids growing up and driving you mad?

Getting worried about losing your job?

Lost your job?

Getting ready to retire?

Watching your kids become parents and growing old?

Having more and more health issues due to old age?

Suddenly found you have a terminal condition like cancer?

Going though physical pain and mental torture as you go through treatment and having a view of end of tunnel?


Personally, that last phase is scary to me, but I know it will be inevitable. Key is to live a full life the way I want it before I hit this last phase, so I can tell myself by then "no regrets! this is it, last leg liao, but I have done most if not all the things I need. Awesome life. Just have to grind through this last phase, hopefully with minimum pain and suffering."


Comments

Post a Comment

Popular posts from this blog

Expenses of a middle-classy Singapore uncle with family

I don't know what exactly is considered middle-class in SG, but I figured its the fat range in the middle section if we were to line people up based on income. There will be a steep drop off from the bottom 5% and a steep surge from the top 5, and another galactic surge from the top 1%. Uncle is pretty sure I am in that middle chunk of 90%, and based on my estimation, should be in the front 30 percentile in this chunk. Now, this is how my expenses look like for myself (excluding what my wife contributes). The numbers are on per month and in SGD Car expenses (loan, insurance, maintenance, tax, fuel) = $2,500 Insurance premiums = $800 Utilities bill = $350 Mobile lines for 5 = $90 Home internet line = $30 Services (Netflix, Spotify, iCloud) = $60 Condo maintenance fees = $350 Property tax = $250 Groceries and take out meals = $1200 Allowance for my parent = $1000 Allowance for kiddos = $200 School fees for kiddos = $150 Tuition fees = $270 Piano, and music classes = $900 Sub-Total fo...
Post a Comment
Read more

Getting comfortable without a salary from working

 Not sure if I am there yet. Basically I am effectively drawing down my cash each month, primarily due to 2 things : mortgage and income tax mortgage (after CPF) is about $9k per month income tax is about $5k per month My investment cashflow covers all my other expenses, including utilities, groceries, handphone/internet bills, insurance, property taxes, condo maintenance fees, personal spending. With some input from wife who is still working, I am still out of pocket by almost $11k per month.  She will continue to be able to save a decent sum per month and I'll let her grow that and managed it for her via safe investments. Am I comfortable? Not really. I will if I am not out of pocket per month. If I really stop working for good, the income tax amount will go to $0 after 2025. So only mortgage left We can pay off the mortgage but I think I said before, it doesn't make sense since it's our home and we will be locking the money up with little leeway to do other things. So I ...
Post a Comment
Read more

CPF balances 14 Oct 2024

  The small bump up was from my final salary input as it included amounts from encashment of unused vacation days.  So, my OA has $1400 deducted per month as part of mortgage, which means this can last 20 months before I need to pay that in cash.  We'll see if I find a job or retired by then hahahaha. 
1 comment
Read more