Anonymous

12 Apr 2021

∙

How do i get started to plan for investment and retirement at age 35?

Male 35 years old with less than 5k saving, only feel the urgency to invest and plan for retirement now. In hoping to have sufficient monthly income(2k per month) during retirement for the rest of life.

How do actually get started

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1M45

12 Apr 2021

If plan retire before that. Min.15 years is achievable. DCA $2k per month (bare minimum) into S&P ETF. When you ready to retire re-allocate to dividend stock with min. 4 to 5% p.a. (local bank stocks)

Alternatively, renting rooms will also provide monthly income. At least 3 bedroom. 2 can rent 1 you stay yourself. At least can get $1k+

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Have you started planning for your own retirement? If yes, by a what age do you intend to retire and how do you plan to take care of your expenses when you retire?

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