What are some good ways to generate passive income for middle-aged individuals?

Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit. Here is a guide to help you: https://www.blog.pzl.sg/understanding-your-pers...

Furthermore, it will be valued to have information on your CPF and understand how we can integrate it together with your cashflow to build your passive income goal for your future.

Thereafter, we need to calculate a feasible goal based on the resources that we have. Then we can start to look into various tools in the market that is capable of helping you reach your goal. For instance, it could be an annuity plan from an insurance company or a well-diversified fund that is capable of generating a decent yield over time.

All in all, there are definitely tools in the market that is capable of helping you reach your goal. For the most part, the key thing to do will be to understand you and when you need this money, rather than when you want this money.

Feel free to reach out if you want to understand more on how I plan with my clients for their future.

Here is everything about me and what I do best.