My $1.2M portfolio. Where to invest?

 https://t.me/PropNexPropertyNewsUpdate/7512


Part 1: 

The article says $1.2M for retirement;

translates to $5,000 p.m. for 20 years; from age 65 to 85.

Accounting for 3% inflation scenerio,

After year-10 into retirement @age 75, assume 3% p.a. inflation:

$3,720×1.03^(10) = $5,000 pm

Real retirement value would be $3,720 per pax monthly, from Year 10.

Think still look good

~~~

Part 2: (if invested $1.2M into a 5% return)

For $1.2M portfolio, if it can generate a 5% p.a. dividend or return, the passive income would be $60,000 p.a (or $5,000 p.m.).

Effectively, one achieves a Permanent Money Machine (PMM); Bequest: $1M.


~~~

err: If invest in CPF-RA with $650k @age 65, delay payout till age 70

From real example, one can achieve close to $5,000 p.m. (BASIC Plan) if delay his CPF RA payout till age 70.

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