Have been thinking what I intend to do when I get older - like at age 65. I really cannot see myself not working and just sitting around at home doing nothing. As Singapore ages, I guess there will be more and more elderly folks around. When I am 65 (if I live that long), I will be surrounded by lots of old people.
Well, I don't really plan to retire. And I hope that I can stay employed for as long as possible. At least that will keep me active. But the matter of fact is that it will probably be difficult to work at the same pace that I am working now. So I will probably be doing WORK, but it might not necessarily be PAID WORK. It could be volunteer work or something else. I don't know.
Recently, the thought of opening a postage stamp shop just keeps creeping into my mind. Maybe I should just pursue my hobby and try to make a living out of it. That will be some cool retirement plan indeed. But it is difficult as the capital involved seems to be quite huge. And I will probably want to hoard all the stamps rather than sell them. Something for me to think about and work towards over the next 30 years perhaps.
This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
Subscribe to:
Post Comments (Atom)
Featured Post
Unlock Exclusive Deals and Savings: Join Amazon Prime Today!
Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ...
-
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m....
-
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...
Hello FF,
ReplyDeleteWow! You are a serious stamp collector!
I used to collect stamps as a teenager; but stopped when I got into NS. Now my stamps are somewhere tucked in some old forgotten drawers.
I collect Singapore, China, and Christmas themed stamps :)
Those were good times buying stamps from "Kenneth Fish" at Holland Shopping Centre.
Hmm... Maybe I can go Chinatown and lelong my stamps at the weekend market?
Hi SMOL,
ReplyDeleteNo lah. Not a serious one. Just as a hobby.
Interesting hobby that you have. You are indeed way ahead from lots of Singaporeans who have not thought of retirement yet. There are lots of online jobs that you can do to earn a reasonable income now or during retirement.
ReplyDeleteIt is just one of my crazy retirement plans =)
ReplyDeleteI don't even know whether it is entirely feasible