facebookWhat are the multiple sources of passive income you are building/have built for your retirement? And how much time is needed for each to really grow to the amount you desire to accumulate to? - Seedly

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Ace

01 Feb 2023

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Retirement

What are the multiple sources of passive income you are building/have built for your retirement? And how much time is needed for each to really grow to the amount you desire to accumulate to?

Saw POSB's Lorna Tan shared she built multiple sources of passive income - CPF savings/payouts, annuity, SRS savings, fixed income, stock dividends, rental income, and private equity investments. Quite impressive!

Discussion (5)

What are your thoughts?

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  1. Rental pty with 30 yr mortgage, should be about 3k a month once I hit retirement age
  2. CPF. Top up cpf SA to max every year.
  3. Dividends from REITS

All in all aiming around 6-7k retirement income monthly so my kids don't need to give me allowance or worry for

Are there passive income ways to get paid in cash monthly?

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Not just through cpf, but additional cash income stream?

Investment...

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