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Old 30-09-2014, 05:09 PM
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Originally Posted by Unregistered View Post
Engineers don't know the "number" . If they need $80k a year in retirement and they retire at 60, and spend 25 years in retirement, they will need minimum $80k x 25= $2m.

What type of logic? No wonder they have to work till they kick bucket!!!
So you are a banker? Finance ppl?
Finance ppl do best in writing financial articles, analyse and predict the market...
But failed most of the time... because they know numbers too well, just theory.. by calculating and charting... but they forgot 1 thing, this is not an ideal world. I always hear these financial products sellers making statement like guarantee return of 4 or 5%... what is guarantee?? and many here can teach you how to retire at 38 years old, by leverage and mortgage your house to invest in this and that and finally invest in 4% yield equity for passive income, can travel around the world... they can really talk.. but cannot realise it..
Most of them work till midnight standing in front of banks or MRT or anywhere.. giving out leaflets for financial products or insurance... hard selling, pestering and some even con the old ppl... how great they are.. and 6 months later, changed to property line..
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