1. My sharing on my layered 20 endowments: a. For the past 10-years, I have been building up about $600k worth of endowments to supplement my Retirement Income base. I started the Endowment Chapter in 2011 at age 47. (The same year that I also embark from my health regime and clocked 4 full Marathons in 10 years.) b. And 10-year later, this Endowment Chapter is yielding results. Starting from 2022 at age 58, my layered endowments have and will be paying my lifelong cash payouts. Last year was $40k, This year payout is $70k. Next year onwards will continue to give me $40k+ p.a. , not including annual cashback reinvestment of $12k per year over next 6 ~ 8 years. This endowment payout will give me a stable average $4k p.m. of retirement income when I retire. c. For now, likely I will taper off my Endowments Chapter. One thing about nibbling into endowments, it gives me time and investment maturity & clarity for next portfolio. d. I supposed that one can...
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