To Retire at Age 35

I will get busy starting next week as I have found a job. Before even starting on the job, I have begun to think of retirement. My ideal retirement age is 35 years old. For your information, that is less than 7 years from now.

When I found out that Mr Money Mustache retire at 30 years old, I was very impressed and began reading his blog. There was one article by him on the math behind his retirement, which you can read it here, talks about the time to reach retirement depends on only ONE factor: Your savings rate, as a percentage of your take-home pay. 

I totally agree to that. Which is why I am very determined to save as much as possible and at the same time, put my savings to work by investing in blue chip shares listed on Singapore Stock Exchange (SGX). 

My Plan (Proposed)

• Save SGD1,200 per month
• I will invest SGD1,000 into shares and the remaining SGD200 will be held in cash
• Any dividend income received will be reinvested 

I will keep track of my progress and update it on the blog as time goes by.