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It is easy to say Making Money Online For Retirement Purpose is than getting it done.

Making Money Online For Retirement Purpose

I am sure a lot of people must be wondering, and worried whether they can sustain their retirement, especially when they outlive their expected lifespan.

Hence the importance of make money online for retirement purpose.

As I mentioned in my previous posts on retirement, and the need to get prepared for retirement.

One of the most important thing, we need to address - is to have continuous income during our retirement.

People in the oriental part of the World have the culture ingrained from long time ago, is to raise a family so that the sons or daughters will look after them, after they get old and retired.

It was the duties of the sons and daughters to look after the parents, however this type of thinking may not work in the modern world.

So, what can the old folks do, in the event when the children are not able to take care of them?

  • I would suggest the children to teach their parents to be computer savvy, and
  • learn some skills in online business, and
  • start them on the right footing if they do not bother to take care of their parents in the future.

This is the least they can do to show their filial piety gratitude to their parent.

What do you do when you reach retirement age?

It will be good, if those who are reaching retirement age

  • can start learning,
  • how to make some money doing online business, and
  • be financial independent, and
  • Financial free during the retirement.

What Can A Retiree Do In Online Business To Be Financial Free?

There are so many ways a person can achieve financial freedom, especially using the technology available now on internet, so in a way, the retiree nowadays are more fortunate than those who retired, said in the early 1970s

In the 1970s, when there was not internet, and to have passive income, a person might have to engage in some business and made sure the business would bring him good income in his retirement.

In the modern age, with the readily available internet, and the advancement of technology, it is easier for anyone to make a living online, especially for those who want to retire and not to worry about money.

There are so many avenues to make money online, some people have been spending hours online in the social media nowadays, and if they can spend the  times in generating income, it will be better and good for retirement.

Among the most common methods being used are:

1. Setting up a store online selling physical goods/products.

2. Engaging in affiliate marketing earning affiliate commissions.

3. Using internet to do online trading of shares, forex and other financial instrument.

4. Contents creation and proofreading of contents.

5. Provide online training courses using experience and expertise gained before retirement.

What To Avoid When Trying To Do Internet Business Online.

A lot of people may think it is just setting up a website, and that is it, Money will come in to you.

People will eventually fall to prey of those scammers online, who prey on ignorance and naive of people, and I believe there are a lot of people, who have tried internet business but ended up being cheated of their hard-earned money.

Therefore, before you decide to embark on this course of action, it will be better for you to do a bit more research, and look at the reviews of whatever you come across.

Online Stock/share trading

Take for example, you have decided to do online stock trading, using the available software and platform, what do you need to do:

  • I would suggest you really understand the software/platform provider,
  • to be on the safe side, it will be better if you can go along with those platforms
  • provided by the banks or stock brokers
  • whom you may have been using to buy your stock or build up your investment portfolio.

Likewise, if you decide to get involved in forex trading or option, do understand the mechanism of it, and select the right platform for you to perform the necessary work.

There are a lot of people offering courses in how to make money online, and claimed to have ample success in doing so.

What do you encounter usually on enrolling for courses?
  • Most of the time, after you have enrolled in the courses, and
  • attended the courses which is normally conducted over the weekend,
  • you suddenly find out you learn very little from the two days courses, and
  • was informed by the seminar host that if you wanted to learn more,
  • you needed to enroll in the more in depth courses they have available, and
  • you recalled when you attended the briefing,
  • they claimed they would reveal the secrets' method they used to achieve their success
  • if you signed up for the two days courses!!!.

For affiliate marketing, there are quite a lot of affiliates program available, here again we have to really study, and find out which one really can get you good money, some claimed they pay well if you are able to promote their products.

Another business model people will use to make money online which the retirees may want to consider is the publication of e-book, since retirees may have quite a lot of times and rich wealth of experiences, you may want to start writing e book to share your experience on topics you may have encountered.

Sample of ebook 

What if you are not good at writing?
  • You may want to get some ghost writers to write for you,
  • Tell them what topics you want to talk about, and
  • You vet and edit the work produced.
  • Next get a graphic designer
  • He will design your e book cover
  • After that, publish your e book in Amazon or
  • other platform which you think you may have a better audience.

You may want to sell your e book in Amazon Kindle Store,

What Will I Recommend To Start and Prepare for Internet Income For Retirement?

If you are not in a hurry, and have ample times to prepare for your retirement and if you wish to learn and enrich your knowledge about online business, I would strongly recommend you have a look at Wealthy Affiliate.

In this Wealthy Affiliate community, if you really follow the training outlined in the website, and actively participate in the discussion and posting questions, you will be surprised to learn that there are a lot of people in this community who are willing and readily available, to share their experience and knowledge on making a success in online internet business.

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.

I would be glad to get back to you and thank you for your feedback.


Value Investing Review - The Best Way To Invest To Gain Financial Freedom

To have a good retirement, we can consider Value Investing, after we realize one of the things we need to do is to have a good investment plan.

We  need a good investment plan to ensure we have sustainable and steady income while we enjoy our retirement.

There are so many investment methods and plans in the market, and by financiers, insurance plan sellers, private bankers or others have approached us to take up various investment plan and methods.

What is investing?

Investing can be investing in assets, properties, stock and some other types of financial instruments which add value to our initial capital.

Why do we invest?

Normally we invest to earn some extra income from the assets we put our money in, or any target we are aiming to have a good return.

We should have

  • some predetermined target and
  • returns for our investment
  • before we decide to invest our money in the assets.

Majority of the people will invest in stock and financial instrument readily available.

However, we must be wary that in everyday life, whenever we meet up with friends for some casual chats, we will notice most of the time, the conversation will be centered on

  • how much certain people have made in the stock market today or
  • the day before or
  • last week.

It brought to the question -  whether it was

  • investing or
  • trading of stocks in the market.

What Is The Different Between Investing And Trading

Investing is about building of wealth over an extended period of times through the buying and holding of

  • stocks,
  • bonds,
  • mutual funds,
  • REIT or
  • any other financial instruments,

normally this is done with the aim of taking advantages of the dividend, interest and bonus issues of shares over a period of times.

value investing


People who are investing will rely on

  • the market fundamental of the stocks, and
  • Performance of the companies invested in.

Whereas in the case of trading, it is a more frequent buying and selling of stocks, bonds, mutual funds and financial instrument.

The goal is to outperform the "buy and hold investing", and may set a target of certain percentage of return per month or / and per year

We will notice most people in stock market are actually doing trading, and not investing.

this is to say investing tend to be slow to seeing the results, and people may not have the patient to see through.

The irony of this is -  the successful investors who are in the market ,are the one who are doing investing, instead of trading.

Therefore,  we can safely said value investing is one of the method most successful investors used to grow their wealth.

What Is Value Investing?

Value Investing as defined in Wikipedia is

  • an investment paradigm that involves buying securities that appear under priced by some form of fundamental analysis.

Value Investing was first taught by Benjamin Graham and David Dodd.

They stated that value investing had three main characteristics of financial markets:.

  1. The prices of financial stocks are subject to significant movement.
  2. All the financial assets have underlying or fundamental economic value that are relatively stable and which can be measured with reasonable accuracy by any investor, who is very good and follow strictly with set of investing rules and relying on intrinsic value of the stocks.
  3. A superior returns in the long run will show it is a good strategy to buy stocks when the market prices are much below the intrinsic value of the assets.

Why do I recommend you to learn to value investing with Value Investing College?

I recently attended a course conducted by Value Investing College over one weekend which is a boot camp of three days.

In the boot camp program, the trainers taught us on what were Value Investing, and how to make use of Value Investing to growth our portfolio of investment.

The strengths of Value Investing College

  1. The boot comp taught the participants on the concept and theory on Value Investing.
  2. They gave a systematic method of using the Value Investing steps.
  3. They also taught on personal money management skill.
  4. Bootcamp also taught us on Economic MOAT of a stock.
  5. The Bootcamp covers the P.I.E.C. Analysis whereby we learn about profit, income of cash, efficiency and conservative approach in investing.
  6. The next subject we were taught was R.I.S.K. Analysis where we were looking at regulatory risk, inflation risk, science and technology risk and key people risk of the potential company we wanted to invest in.
  7. Other subjects covered in this course included valuation methods, management team assessment, how to identify the stocks/companies, portfolio management.
  8. The final subject which we would learn was on Value Investing Options Strategy

from the above subjects which were covered during the three days course, there were a lot of exercise and team discussion and play to actually worked through the theory learned and understand the underlying concept.

Other benefits for choosing value investing course

  • The trainers were very good and clear in their presentation, and
  • the course materials were very informative, clear and concise, easy to understand and grasp with the concept.
Ease of following the courses
  • Even for those without any finance and investment technical background, it was not an issue,
  • because the course was conducted in such a way, a layman would understand easily and benefit from the boot camp.
Life time learning for free

Value Investing College also allow those who attended the boot camp to attend any subsequent boot camp without any charges.

If the participants felt that they needed to have continuous learning, they were welcome to attend the boot camp again, they only needed to take care of their meals during the three days.

Value Investing College is also a lifetime learning college.

Once a person attended a boot camp, he or she would be a member of the college for life and would be able to tap on their support.

The disadvantage of Value Investing College

The only disadvantage I could think of is:

if you are a day trader or technical trader

  • who prefer to have short term profit, and
  • relying on technical analysis of the price movement and the chart,
  • then Value Investing College may not be the place for you to learn how to invest.

Is it worth the course fee for value investing course?

The fees may be a bit costly for someone who intends to start doing investment.

However, if you think of it as a long term investment itself.

  • The knowledge you will gain from the boot camp and
  • Lifetime support the college provide,

The investment you make in attending the course, it will be the best investment you have ever made.

Conclusion- Why Choose Value Investing

For anyone who wants to learn investment, I would recommend attending the boot camp.

Value Investing College  conduct the boot camp professionally and

as I mentioned before,  you will be a lifetime member  and can benefit from it and happy investing.

This is one of the way to earn sustainable income for retirement.

Therefore, if you want to have a good retirement, learn through value investing.


Every time when we talk about retirement, it is important that we touch on Guides On Managing Retirement Money.

First of all, we need to prepare and save well in our early working life, If we want to have  a healthy and sustainable retirement, otherwise, we will face a lot of money issues in our retirement.

The main challenge in managing retirement money is:

How do we manage our retirement money when we retire?

What happen if we are ill prepared?

  • If we have not prepared well in our earlier working life,
  • Not investing well our money, and
  • Did not set aside enough for our retirement,
  • We will face question of whether we have enough in our bank to last for our retirement,

Assuming we are retiring at the age of 60 and the average life expectancy is 85. which mean we will have to make sure we have enough savings to last 25 years of retirement life.

1. To Determine and Allocate How Much Is Required For Retirement.

As you can see, with the life expectancy of 85 years, furthermore with at least 25 years to live in retirement, obviously we have to plan for this next phase of life.

what is needed by a retiree?
  • to assess if how much he and his life partner spend in their normal daily life and
  • how much they expect to spend in the retiring years ahead.

If we can maintain a record of our daily spending and summarize monthly expenses, naturally this will help in our planning for our retirement.

2. Ensure Flexibility In Our Planning. 

A financial plan must be able to adjust in accordance with the situation,  and the need when necessary.

In general,  if  we do not have a flexible financial plan, we will encounter difficulty subsequently, and frustration later on, especially when we are faced with some situation and realize the plan does not work.

Accordingly some of us may just give up.

To put it simply, if we have ensured we can adjust the plan accordingly, obviously we will be able to move on and continue our enjoyment of retirement.

The main reason to have a flexible financial planning is to adjust the daily spending in retirement, and the cash requirement as time go on in our retirement.

3. Must Have Some Cash Surplus Or Cushion for managing retirement money

Since we are not able to control the return on our investment for the cash we have had for our retirement.

It could be  due to the volatile market condition.

Supposing we invest our retirement fund in certain market, and hope for good return, even the best portfolio manager may not be able to generate the kind of returns we desire.

Therefore, we must have a cash surplus to cushion our expenses for at least 5 to 8 years of our living expenses, managing our daily expenses.

At the same time ensuring the return on investment, which is pretty much depending on how much risk we are willing to take.

Once we establish the level of cash surplus cushion we are comfortable with, we can plan accordingly

  • in term of our investment and
  • adjust the portfolio accordingly.

4. Allocation Of Cash Reserve in managing retirement money.

Guides On Managing Retirement Money.

When we retire, we must allocate our cash reserve into three main categories, mainly:

  1. Short term requirement.
  2. Medium term requirement.
  3. Long term requirement.
A. Short Term Requirement.

The short term planning requires us:

  • to set aside the cash, which we need in our immediate and short term use,
  • hence the amount of liquid cash we place to generate return will be very competitive, and
  • we need to shop around for a good return.
B. Medium Term Requirement.

The medium term requirement is:

  • to set aside our cash requirement within the 6th year to 10 years and
  • we must plan for the return for this cash
  • to ensure it generates enough return for our use from 6ht year onward
C. Long Term Requirement.

Since this is the long term cash requirement, which we will set aside beyond the 10th years, which we only touch the reserve on the 11th year.

Since it is a long term requirement, we can take a more moderate investment risk on this cash.

5. Investment Portfolio Mix : Income vs Risk.

Normally for people who have low investment risk, they will prefer to just put the money in the bank as fixed deposit and collect fixed deposit income, this may be a good money management if the bank interest rate is high as in the early 1980s.

In this low bank interest environment, it is not a very good way to manage the fund for retirement, as the interest generated may not be enough for our retirement needs.

We may have to consider investment:

  • in government bond, which offer a better rate than the bank deposit interest, and
  • also allocate our portfolio and investment mix in accordance with our planning.

Assets allocation for retirement involves a very detailed study, and we may have to engage a professional to discuss and plan with them, on the needs and how best to allocate the funds for investment,  ultimately we can generate the type of returns we are looking for.

6. Shall We Invest In Stocks?

The fund which we are not going to dip into for a number of years, can be considered as a mix of equity and fixed income investment.

The fixed income portion is to act as the cushion, and some sort of safety nest in the volatile equity market.

If we can engage a good fund manager to help to invest our long term fund with high quality, dividend paying equity and some other high quality instrument in the financial and capital market, this will be quite an ideal situation.

7. Consolidate our investment and income streams.

When we have done all our three steps of cash allocation, and investment based on our risk adverse profile.

We have to take stock of our income, and thereafter, to determine how to shift and re balance our investment portfolio.

As I mentioned earlier, we need to have a flexible plan above all,  this is one of the method to ensure all our investment's income are able to generate the returns we are aiming for eventually.

What are we aiming for ?

We have to ensure

  • a reasonable growth of our investment, and
  • do not try to outperform and
  • aim for some unrealistic investment goal and
  • ended up taking unnecessary risk on our investment.

Once we are comfortable with the rate of returns we are achieving for our three investment funds, generally speaking we should be able to live out our retirement in a worried free and sustainable life style we are looking for finally.

For those who are eager to learn more about how to manage retirement money, and if you do not want to engage a professional, perhaps you may like to find some books to read up, these books are readily available at Amazon.

If you have any questions or suggestion, please feel free to leave your comments and suggestion below.

I will be more than happy to answer and help out whatever way I can.



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.

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. Central Provident Fund

     2.  Supplementary Retirement Scheme.

     3.  Insurance Retirement Plan

I will briefly elaborate on the various schemes.

  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?

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,

The CPF Board 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.

Retirement Sum Scheme (RSS)

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

Retirement Sum Topping-Up Scheme

The Retirement Sum Topping-Up 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, please note 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.

This 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
  • Participation in SRS is voluntary.

The people can contribute to SRS in varying amount (subject to a cap) at their own discretion,.

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.

They can plan their retirement properly, bearing in mind of their savings in CPF and the schemes available.

At the same time, I would suggest anyone who are able to enjoy these Schemes to study this thoroughly.

They can 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.

If anyone suggests you take all your CPF Savings and do the investment yourself, you need to consider the following:

  • Are you really good at investing and
  • Can you beat the returns CPF Board is giving to its members.
  • Whether that professional has a good track records in investment.

Therefore, 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 any one wants to learn more, you can look at the links I have provided in this article.

Alternatively, in the comment and feedback section below, you may put in your comments and feedback.

On the other hand, If you have any questions or suggestion.

Please feel free to leave your comments and suggestion below.

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 do we prepare 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 prepare well for it.

What Do We Have In Term Of Retirement?

  1. You may have a good and healthy retirement,
  2. Have one good but not so healthy retirement,
  3. A healthy but not so good retirement.

A happy and healthy retirement is one :

  • You can do whatever you want to do
  • 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 Do We Go About It?

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, 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, 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,  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, 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, this 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,
  • 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, 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.


Are you prepared for retirement?

As we grow older and reaching retirement age, we tend to ask ourselves this question.

What Options Do We Have To Prepare For Retirement?

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 on 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.

Staring at the walls in the house, 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 early, preferably from 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, sad to say, they do not seem to care about their future, they are also ill prepared for their retirement.

Can We Depend On Government For Retirement?

A lot of them depend on the government to help them out, relying on 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.

Prepare For Retirement, How About Depending On Own Children?

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 hands full to survive, let alone taking care of their parents.

Financial Planning For  You To Prepare 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.

How Does Singapore Do It?

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.

If a member of the Fund really follows the plan lay out, we may be able to have a reasonable retirement life style.

Other Methods

Perhaps we may want to look at some suggestions, and guide or retirement plans.

There are some readily available in books written by some well-known authors, perhaps we can 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
  • 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,  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 consider the following when they look for a place

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

Other issues to be considered are:

  • 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,
  • 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.

We need to start the planning 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.

They are able to do so after making so much and start enjoy their life, however, how many of these people are among us?

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


My intention to share with you about work and life balance, as the site name indicate - you know you only live once, hence try to treasure the experience and share with others.


In all my working life, I have encountered various interesting issues and handling sticky situation, sometimes also facing life threatening encountered, fun, meeting tight dateline and solving near impossible work issues as well as managing staffs from all walks of background.


Sharing my experience and blogging it in my website is a way to give back to society and for those who visit my website may have encountered similar situation and hopefully we can share and learn together and can shorten our learning curve in our working life and climbing the corporate ladder.

Are you having problem in looking for a job after your graduation from the university? You may change your perceptive about your  qualification and learn how to manage your expectation.

Are you the foreign workers trying to earn a living in this country?

Do you have what it takes to survive this "dog eats dog" world?

Where to look for help and solution if you need one, you may find this place a helpful hand.

How are you coping with the government regulations and settling down in a new country?

What are the unique experience and encounters you can expect in a new country and how to adapt to the new environment.

By sharing with readers here, I am hoping you can manage your expectation and outlook on working life in different angle.


The purpose and goal of this website to share with people who need to find information and link them up with the necessary network and cut down of the time wasted in looking for some.

Sometimes, when we need to have some information or solution, we do not seem to know where to get it, one of my aims here is to provide the missing link so that people can make use of this and hopefully can help them n their search of whatever they require or solution they are looking for.

Most of the times, people approached me and asked where and how to get certain things done and whether I know of any ideas to solve certain issues, even on the career of their kids.

Learning from people who have been there will be better than trying to re-invent the wheel and wasting precious time in re-inventing the wheel.

We only live once in this world, hence it is important we can make use of whatever resources we come across

By having this site, I hope to learn from others and hopefully those who visit my website will share with me their experience so that I can learn a thing or two.

If you ever need a hand or have any questions, feel free to leave them below and I will be more than happy to help you out.

All the best,

Chee Shi

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