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In our life, we only live once and it is important that we live it right.

Since we were born, we learned a lot of things from baby until we graduated and started working life and family life and so on.

It is important that we get it right especially when we reach the retirement age and there are bills and commitment to be met.

There are people who are still hesitant of what to do and what need to be done in order to have a financial worry free retirement life.

A. Why do people put off their decision?

Just share one of my experience of encountering one person who keeps asking me what to do as he is getting on his life and worry about his life for the next decade when he is in retirement.

I told him to try out online business, and if he can get on with it, he does not have to worry about his retirement life.

The last I heard from him was he was still thinking about it, and I told him we only live once and we need to get it right.

His excuse was there were so many people who had tried that and did not seem to be successful.

My answer to him was he needed to find out how many times these so called many people had put, and how many hours of their efforts to really work on the online business.

It appeared that majority of people were looking for get-rich-quick type of scheme and have the impression that online business is a get-rich-quick scheme with instant success without putting in much effort.

People put off their decision because they were not certain whether they could be successful and most importantly was they were not willing to put in their effort.

Photo by Pedro da Silva on Unsplash

B. What do we do when we need to take a decisive step in life.

We tend to be hesitant when we face with some decisions to make, a lot of people put off making the decision to a later date and let the opportunity passed by.

You know you only live once, hence it is important you live it right and grab the opportunity as hardly there is a second chance.

Therefore, if there is an opportunity to move forward and make your life better, why don't you grab it and live it the fullest?

A lot of people regret that they did not take the chance offered when they were offered the opportunity to better their life, we should remember no risk no gain, after assessing the opportunity on hand, take it and move on.

We will not be an expert if we do not fail to achieve our goal, we only know some people are great but we never know how much and how hard they had tried in order to reach what they are now and how often have they failed and how difficult their situation was before they become great.

C. You Only Live Once, So How Do You Intend To Have A Financial Worry Free Retirement Life?

To be financial worry free during retirement life, one needs to ensure we are independent and decisive in making decision when we have to decide how to live our retirement life happy and free of financial worry.

One of the way to make it is to do some online business and none better than using Wealth Affiliate to learn and make money at the same time.

Even when you are in Old Folk Home living out your remaining life, you still have the ability to earn some money and live a good life there

So for those who are serious in making it online and ensuring having a good retirement life, do the right thing and make the right decision so that you do not have to depend on your offspring for support in your retirement life if you are able to make some income from online business.

Do realize that having some handsome online business income will be good to finance your lifestyle in retirement and can even bring you money even when you are on holiday enjoying your retirement.

Just imagine the best of the world when you are holidaying and your bank account still shows money keep coming in? This si the dream quite a lot of people like to have.

photo by Chee Shi

For those who work full time on employment, they only have their monthly wages to look forward to when on holiday whereas if you are self reliance in internet business, you do not have to worry about your money as it still earns you handsome income when you are sleeping.

Then you can really brag about You Only Live Once but Live Right.

If you have any questions or wish to share your experience on this topic, please feel free to leave your comments, questions and your experience in the feedback space below and I would be glad to get back to you and thank you for your feedback, comments and sharing of your experience.


During retirement or when preparing for retirement, one of the questions people like to ask was how much would be enough for us to retire without any financial worry and independent?

Then the next thing is the myths of retirements and the reality of it, how do we handle these issues?

So what are the myths of retirements?

  1. We can start preparing for our retirement later.
  2. Our Savings will be enough for our retirement.
  3. We will spend less in our retirement life.
  4. We will have a lot of free times during our retirement.
  5. Health issues do not slow down a person until much later.
  6. We can start our savings plan for retirement later.
  7. The health insurance will be taken care of.
  8. Invest in safe and stable financial instruments to lower risk and preserve capital.
  9. The Retirement Fund is sufficient for retirement.
  10. Still, can work during retirement.

1. We can start preparing for our retirement later.

People like to put off what they are supposed to do to a later date especially on retirement. And this is quite a serious problem if we do that as the longer we put off our retirement financial plan or wealth plan, the less we will have accumulated for our targeted funding for retirement.

The power of compound interest will come into play in our wealth plan and the later we start savings for our wealth plan, the less amount we will have in term of compounded interests accumulated. Which will be quite a substantial amount which we may regret later for not starting earlier.

2. Our savings will be enough for our retirement.

Enough Money for Retirement?

Whether the amount saved for retirement is enough or not, is anybody guess, there does not seem to be an amount which is the right amount for retirement as there are so many variable involved and also very much depend on where one is residing and the lifestyle one has and hoping to have upon retired.

3. We will spend less when we are retired.

Nice Food For Retirement

I hear a lot of this when I talk to people about retirement and the usual norm is one will spend less when one is retired. Is it really the case? some may have more to spend on health and medical, others may have to spend more when they move to a new place to retire instead of staying put at the place they used to live during the working life.

4. Having a lot of free time during our retirement.

Relaxing on Retirement

Conversation I have with people going to retire is they currently put off whatever they want to do until retirement because they have the impression that they will have a lot of free time during retirement and they can do whatever they plan to do.

The reality is -- do you really have a lot of free time during retirement?

It will be a shock to some people when they find out they need to adjust their retirement plan as they go along and realize they are busier than their working life!!! as when they are getting used to retirement life and find out they have planned a lot of activities and not able to cope with.

5. Health issue does not slow a person until much later.

There is a possibility that once a person retires and suddenly there is no much pressure and stress, the body takes time to adjust to relax mood and all of a sudden, those problems in the body start surfacing and the person will face a lot of sickness such as hearing issue, movement problem, pain and aches and so on and this will surely mean we need to incur more to solve these healths issue.

6. We can start our saving plan for retirement much later.

A lot of people decide to delay the start of saving for retirement and prefer to pay off the house mortgage, children education loan and so on without realizing that the more we delay the start of the savings plan, the more we need to save in the later years in order to have a bigger nest of funds for retirement and we may have to adopt a more aggressive.

As mentioned earlier, the power of compound returns which can help to achieve financial security.

7. The health insurance will be taken care of.

Photo by rawpixel on Unsplash

Quite a lot of people depend on the health insurance for the golden year and most of the time the policies which were purchased in their younger day do not seem to be the right policies for the purpose intended and if a new health policy is required to meet the requirement, it will be very costly.

The next question one needs to ask is, what are really covered in the health insurance?

8. Invest in safe and stable financial instruments to lower risk and preserve capital.

This is a big headache for a retiree to consider, to move to a stable and low risk investment, the return may not be as high, this will affect the growth of your savings fund, the immediate problem one needs to face will be the rate of inflation will be higher than the return on investment.

If the rate of inflation is higher than the growth and return on investment of the fund, sooner or later it will affect the availability of the fund for sustaining the lifestyle of retirement, and the situation will become more acute if one's life expectancy is more than 90 years old.

9. The retirement fund is sufficient for retirement.

People may have set aside some fund specifically for retirement besides the savings they have, the main question one needs to ask is - whether the money in total set aside for retirement is sufficient and if it is not, what needs to be done to ensure we have enough for retirement.

How do we determine the retirement fund is sufficient? there is no any hard and fast rules on this, it all very much depends on the needs and requirement of each individual.

10. Still, can work during retirement.

Plant Durian in Retirement

A lot of people have the idea that retirement means stop working, which will actually cause a lot of issues and problems,

Are we retiring from work or from life? there is a different between the two and we have to make sure we are not retired from life and do nothing.

If we used to work every day and active, when suddenly we drop every thing we are doing and declare " I am retired", that is the end of it, a lot of problems will arise and you will be facing a lot of issues if you are not able to adjust to the retired lifestyle, sooner or later, the mind may be as sharp as it used as suddenly one stops using the mind, as we know, our mind stays sharp the more we use our brain and our mental will stay healthy if we consider using it.

Likewise, our body also stays healthy and mobile if we consider to exercise and move around more often instead of just sitting around and lazying away.

We may want to start a second career which is less taxing than our first and enjoy retirement at the same time, not to mention it may generate and supplement our income for retirement.

So, what can we do to mitigate the impact on retirement and at the same time enjoy our retirement?

For those people whom I have had discussion with, I always encourage them to start a second career or do something less taxing and which can generate income for their retirement at the same time can learn some new skills.

With the advancement of technology and availability of internet, it is good those who want to retire or soon to retire can start learning some skills about online business.

I found that Wealthy Affiliate is a good platform for a person to learn, a person can learn a lot from Wealthy Affiliate, such as learning how to create a website of your own, how to use the internet in a more productive way, how to link with other social media and so on, some basic computer skills which will come handy when one retired and have ample time to learn in this WA community.

By doing so, it can also help to keep a person's mind sharp and in a healthy state.

If you have any questions or wish to share your experience on this topic, please feel free to leave your comments and questions and your experience in the feedback space below and I would be glad to get back to you and thank you for your feedback and comments and sharing of your experience.


Healthy SupplementIs There Some Secret Ways To Have Happy Retirement?

When a person thinks of his retirement, normally people will only look at whether we have enough to last the duration of the retirement.

Assuming you retire at the age of 55, and the normal life span of a person may be 90, hence you will have 35 years to enjoy or suffer when you start your retirement.

Hence, the question arises, in order to be able to live out this 35 years, how are we going to ensure we have a happy and healthy retirement life?

People tend to think of ensuring money in the bank or in hand to live out the 35 years will be fine already and neglect the health in body and mind, if we do not have a healthy body and mind, even though we have ample money at our disposal during our retirement, we will not be able to achieve our objective to have a healthy and happy retirement.

In order to really enjoy our retirement, besides financially independent, it is important to keep a healthy body and happy mind.

So we have to take care of the three important issues as follows:

1. Financially independent.

2. Healthy body.

3. Happy mindset.

I have covered some points in my previous posts about financially independent to enjoy a good retirement.

Now I am trying to bring to attention of the need to have a healthy body and happy mindset.

Healthy Body

If we want to remain healthy and ensure our body stays active for many years to come, we need to take good care of our body and eat right, exercise correctly and if possible take some good vitamins and minerals or supplement, this is to maintain and supplement the vital nutrients we lost over the years as we age and help our body to function and maintain at certain level.

Nowadays, people are very conscious of the food intake and always go for healthy food, preferably eat some natural food instead of processed food, and some even go to the extent of having a dietitian to prepare and map out a menu for them to follow.

I would have thought as long as we took simple and natural action like taking fruits, vegetables and whole grains as the key to maintain a good healthy diet, and trying to avoid meats will do as we are trying to be thrifty in our retirement and still manage to get enough nutrients and the necessary minerals required by our body.

Other than the food intake, it is important also we have adequate exercise and exercise correctly, this is to maintain a certain level of fitness for our body so that we can have the necessary metabolism of our body.

Brisk walking is one form of exercise which can be done anytime during our retirement and it is free as long as you have a good pair of shoe for walking and it is important to ensure we spend certain times per day to walk briskly.

Happy Mind Set

Photo by Mathias Konrath on Unsplash

As long as we are happy, and we have a positive mind set, we will definitely lead a very happy and healthy retirement life as a happy mindset will surely lead to a healthy body and if one is happy always and have positive attitude, things will look up and bright up every body surrounding him and spread the good energy around.

Therefore, if we exercise right, keep a healthy lifestyle and eat healthily, we will have a very healthy and happy retirement

If you have any questions or wish to share your experience on this topic, please feel free to leave your comments and questions and your experience in the feedback space below and I would be glad to get back to you and thank you for your feedback and comments and sharing of your experience.



In my previous post on whether you are prepared for retirement, I mentioned a bit on the schemes readily available in the country I am currently residing, that is Singapore.

In this article, I will not go into details of the various schemes, rather, I will summarize the various schemes available and if any readers who wish to learn in more details, they can go to the website in the link I have provided in this article and try to find out more about the scheme and how it operates.

The main objective of writing this is to provide some ideas and information of the availability of the schemes for retirement, create some awareness on how and where people can look for and take some action if they are looking for some retirement scheme to help them to live a sustainable retirement life.

Currently, I noticed quite a lot of people are not aware of what are the schemes the Singapore government have in place to help its citizens and residents to ease their retirement worry and to a certain extent , to have a reasonable and affordable retirement living.


The various schemes available in Singapore where retirees can consider and plan their retirement are as below:

  1. The Central Provident Fund

   2.  The Supplementary Retirement Scheme.

   3.  Insurance Retirement Plan

I will briefly elaborate on the various schemes and if any one is interested to learn more, may put in your comments and feedback at the bottom of these articles in the comment and feedback section or look at the
links I have provided in this article.

  1. The Central Provident Fund (CPF)

This is the fund set up by the Singapore Government primarily to cater for the retirement of the workers.

As explained in CPF website, the main objective of the Fund is :

What is CPF?

The Central Provident Fund (CPF) is a comprehensive social security system that
enables working Singapore Citizens and Permanent Residents to set aside funds
for retirement. It also addresses healthcare, home ownership, family protection
and asset enhancement.

In its website, they also provided information about their Retirement Plan, you can access it via this CPF

For Retirement, CPF has outlined in its website the following:

CPF has created a program to provide CPF members with a monthly pay-out for life when they reach their pay-out eligibility age.

This is another programme devised by CPF to provide CPF members with a monthly pay-out when they reach their payout eligibility age.

Retirement Sum Topping-Up Scheme

This scheme is to help CPF Members to build up their retirement savings by topping up their own or their loved ones' CPF Accounts.

Withdrawals of CPF savings from 55

CPF allows its members to withdraw their CPF savings upon reaching retirement age of 55, after setting aside the Full Retirement Sum or Basic Retirement Sum with sufficient CPF property charge/pledge in their Retirement Account.

However, it is to be noted that CPF members do not choose between CPF LIFE and Retirement Sum Scheme.

CPF members will automatically be included in CPF LIFE to enjoy lifelong payouts if they are a Singapore Citizen or Permanent Resident born in 1958 or after; and have at least SGD $ 60,000 in their Retirement Account six months before they reach their payout eligibility age (PEA), while Retirement Sum Scheme (RSS) is for CPF members who do not need to be on CPF LIFE.

2. Supplementary Retirement Scheme (SRS)

This is one of the schemes by the Singapore government to address the financial needs of its greying population by helping the fellow Singaporeans to save more for their golden years.

The scheme was started in 2001 and is operated by private sector.

The scheme is not to replace the Central Provident Fund (CPF), rather it complimented the CPF.

CPF savings are meant to provide for housing and medical requirements and for basic daily needs of the contributors after their retirement.

The main different between CPF and SRS is that CPF is mandatory for working people while participation in SRS is voluntary.

The people can contribute to SRS in varying amount (subject to a cap) at their own discretion and the contribution may be used to purchase various investment instruments.

For more detail about this scheme, you may want to visit this link in Singapore’s Ministry of Finance

In that, the MOF actually outlined the benefits and how Singaporeans can contribute to the Scheme.

3. Insurance Retirement Plan

The major insurance companies in Singapore also provide insurance retirement plan of their own.

They usually have their Retirement Saving Plan, Endowment Plan, Protection Plan, Income Guaranteed Plan, (however this will be discussed in more details in another article in the future.)

Besides the retirement schemes available, CPF Singapore also has various schemes to take care of the ever-increasing medical and health care cost, this again can be viewed in detail in the CPF website.

With the various schemes available, the retirees in Singapore actually are able to enjoy quite a good and comfortable retirement life style is they can plan their retirement properly taking into account of their savings in CPF and the schemes available.

I would suggest anyone who are able to enjoy these Schemes to study this and engage a professional to advise them properly, however they should be wary of the advice on taking out the whole CPF savings and do the investment themselves unless they are really very good at investing and able to beat the returns CPF Board is giving to its members, it will be more advisable for the members to hold discussion with CPF Board officials to understand in more details of various schemes and how it helps the CPF Members.

Please also be reminded that “The views, thoughts and opinions expressed in this
article belong solely to the author, and do not represent nor necessarily
reflect the official policy or position of the CPF Board.”

If you have any questions or suggestion, please feel free to leave your comments and suggestion below and I will be more than happy to answer and help out whatever way I can.


Every one has to reach this stage of the life -- RETIREMENT.

How are we prepared for retirement means a lot and will definitely play a very important part in deciding whether we have a healthy and happy retirement.

If you want to have a good and healthy retirement, you have to ensure you are well-prepared for it.

You may have a good and healthy retirement, you may also have one good but not so healthy retirement, likewise you may have a healthy but not so good retirement.

A happy and healthy retirement is one you can do whatever you want to do and have the freedom to do it, it is not just about sitting down enjoying your food or game that you like and no worry about work and money.

If we are not well-prepared for a healthy life, then we may not have a happy and healthy retirement as we may be bogged down by sickness or restriction in movement due to old age or injury.

Assuming we want to retire from working life and looking forward to have a happy retirement lifestyle which we have been looking forward to, and to experience a new phase of our life.

How to have a happy and healthy retirement?

Here are some steps which may help you to achieve what you are looking for in retirement.

1. Draw a detail plan of what you want to do in retirement.

After the daily grind of working life and planning for the family and so on, it is time to plan for retirement and enjoy the rest of our life.

Hence, it is important that we plan our retirement and have a detail planning mapped out and stick to the plan during our retirement.

2. Taking care of our health is our priority during retirement.

Without a healthy body, it will be quite difficult to enjoy a good and happy retirement life and enjoy the lifestyle we are going to appreciate for the rest of our life.

Our body will tend to stop working and the muscle will not work as we wanted if we do not do basic exercise daily, at least we need to ensure we are walking for certain numbers of minutes every day, just to keep our muscles working instead of deteriorating and sooner will lose its motor senses.

I enjoy brisk walking as it helps to keep me healthy and make my body metabolism working. I am not a doctor, so I will just share here as a layman what I do to keep myself healthy.

Brisk walking for at least 30 minutes a day while swinging your arms as you walk, this is to ensure you do the bare minimum of exercise to keep your muscles in good shape

As I learned and share the Words of Wisdom below.


3. Having a stable income for retirement.

By now, we should have worked out on how much is required for our retirement and what is the bare minimum.

If you still have not set up a continuous stream of income for retirement, it is better to start now and work on it.

As I mentioned in my earlier article, one of the method is to sign up with Wealthy Affiliate and start blogging and sharing your life experience at the same time generate some passive income for your retirement needs.

Engaging in blogging every day in WA will also help you to keep your mind and mental working and keeping your mind from regressing and becoming senile.

Hence, this may work out to be a very good retirement plan, blogging and putting it in writing your sweet memory in your website and generating good traffic and income, at the same time can help to keep the mind fresh and active during old age.

4. Search a good place for retirement and do it with your partner.

Yes, if we can retire to a place with the scenery as shown in the picture above, that will be like living in paradise with fresh air and away from all the pollution and hassle.

Retirement does not mean you have to stay in your current place, you may want to downsize and move to a more secluded place, away from the traffic and over populated area and make sure you can have a place to do your daily walk and exercise.

By staying in a smaller house may help you to free up some free money and help you financially in the golden years ahead.

Well, you have to do all these with your partner and decide on any retirement decision together as you want your partner to stay with you together in the golden age years.

It will be better that decisions are made together, if not, you may not have a happy and peaceful time since you may be seemed to force it on your partner to accept your choice which may not be to her/his liking.

5. Be realistic about what retirement mean to your lifestyle.

A lot of people enjoy the first few months of their retirement and then reality sinks in and they find that they need to change their routine now that they are in retirement.

Fighting boredom is one of the main task a retiree needs to tackle, hence, if we are planning and looking forward to retirement, it is important to have continuous planning in place.

Perhaps, you may want to catch up with reading all those books which you wanted to read but did not really have the time to do so, now that you are retired, it is time to catch up with and what better way than to go to Amazon. And find out what are the books you can read now that you are retired.

These are the first 5 steps to achieve happy and healthy retirement in our golden years, if you like the article and gain some insight of it, do share this article with your friends.

And do drop your comments below if you have good ideas on what makes a happy and healthy retirement.



As we grow older and reaching retirement age, we tend to ask ourselves whether we are prepared for retirement.

What Options Do We Have

When we are reaching retirement age, normally we will be asking ourselves a question, what are we going to do upon retirement?

However, usually a common answer is:

We will take a holiday and visit some places, all the while using all of our savings o the holiday trip

You know you only live once, if we do not plan for our retirement, when the time come for retirement, we will have some real issue we need to address.

Reality of Retirement

After holidaying and spending almost all the savings, the reality sinks in after reaching home and staring at the walls in the house and suddenly we realize there is a financial crisis building up.

After the holiday, and waking up the next day and realize that today we need not keep working.

When the bills are in the mail, the reality sinks in.

There is no income since we have already retired and spent most of the savings on the holidays and still have so many years to live.



What Have We Done To Prepare For Retirement?

In order to have a peaceful and stress free retirement where we can enjoy a quality life style, we must prepare ourselves from when we are young and have the energy and means to do it.

We have to look at this issue in various ways in terms of financial, social and final place for our retirement.

To prepare for a meaningful retirement with quality and healthy lifestyle, as you know, you only live once, hence it is important we are well-prepared for our retirement.

Majority of the people I have spoken to, do not seem to care and prepare for their retirement.

A lot of them depend on the government to help them out with the welfare measures the government is implementing.

However, there is only so much a government is able to provide to take care of its senior citizen.

For those who depend on the children to look after them and provide them with retirement life style especially the Asian Countries, with the current competitive world, the children themselves have already had their full to survive, let alone taking care of their parents.


Financial Planning For Retirement

Before we officially retire and start to enjoy our life, we must plan for a proper financial retirement plan so that we have enough to enjoy our retirement life.

In country where I am currently residing, when we are working, we are supposed to contribute the Provident Fund which is a mandatory retirement fund set up by the government.

The policy set out in the Fund is good and if a member of the Fund really follow the plan lay out, we may be able to have a reasonable retirement life style.

Perhaps we may want to look at some suggestions and guide or retirement plans readily available in books written by some well-known authors, then learn some of them and prepare ourselves for a good and quality retirement

Other than depending on government or studying from some books on what need to be done for retirement, in this age of internet and high technology, we may want to learn some basic skill and making use of the key board to have some passive income to sustain our retirement life.

One of the easiest and fastest way to earn some basic passive income is to have some incomes by doing internet business and also do some online trading on financial instrument.

Unless and until we can take care of the financial, then only we are able to talk about a sustainable and worried free retirement.

Perhaps, by doing some affiliate marketing and generate some passive income will be one of the ways, and Wealthy Affiliate will be a good place to start.

Social, Healthy Living And Final Place Of Living For Our Retirement

One of the main issue we need to consider when we want to retire is where are we going to live during our retirement.

This is a very important decision to consider as it affects the amount we have set aside for our retirement and the standard of living we are longing for in our retirement.

Normally, people will look for a place which is quiet and with good scenery and stress free to enjoy their retirement life and not in the city which is very stress, for example, a city with heavy traffic jam and the hectic pace of life.

The would be retiree may also want to look into the medical facility of the place for retirement, since as we get older, the tendency to be sick is quite high, especially for those who have been living a high life who may have already had some modern day sickness.

Unless the place where we decide to reside for our retirement is really good and can give us the quality of life we are looking for and which will help us in improving our health since we are stress free, the body will be able to rejuvenate and with quality lifestyle, we will be able to live better.

The other issue we have to consider in deciding the place to live out our retirement is the health care facility of the place.

Some places may look very nice and peaceful to be a very suitable place for retirement, however if the health care facility is not readily available and since our old age tend to have more sickness, in emergency, we may have some worry time to get the treatment in time



If we really want to have a worried free and healthy retirement living, we need to seriously plan and work on our retirement plan the moment we are in the working life after finishing school.

In the current modern high technology world, there are some people who have retired young after making so much and start enjoy their life, however, how many of these people are among us?

However, despite all these, we still can look forward to our retirement if we have planned it properly.

I will talk more about retirement in more details in the future postings.

If you have any comments and feedback, please feel free to leave your comments