Retirement I
The days are slow, the decades are fast
Hi and welcome to another issue of my newsletter.
My sincere apologies this issue is coming this late and super short. My laptop hasn't being cooperative today 😒 but here we are - what must to be done has to be done.
And don't forget to share
Retirement is a topic I find interesting and scary at the same time. Like many believe, retirement is still far and is usually a taboo.
“The days are slow, the decades are fast.”
At the beginning of your career, the end looks just out of reach.
A bridge you'd cross when you reach. It's there and you are aware but you'd just choose to ignore till you reach the bridge.
For those lucky enough, they get heads up and start prepping. A little bit here and there, the pile gets full.
Retirement plans today and years ago are very different.
Today, individuals are almost 100% responsible.
This issue would focus on the traditional retirement- work for X years and then retire.
Semi-retirement, and other lifestyle would be discussed in subsequent issues.
A cheat sheet I think of for retirement is owning assets that improve or bring in cashflow throughout the economic circle.
Assets like dividend paying stocks, rentals or any evergreen (build once sell forever) products.
These are good methods to augment any retirement funds and can serve as a backup plan for a backup plan just in case 2008 crisis happens again.
The not so good - depending on your situation is keeping in cash or cash equivalents. These are negatively affected by inflation.
That wraps it up for this week. There might be a bonus issue within the week.
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