Sunday, August 30, 2009

retirement plans made on a sunday morning

don't know why, we woke up very early this morning, early considering that today is a sunday. went for breakfast.

Yesterday, going to steff's company gathering was impromptu. main reason was could catch up with aunt sally since she is back from Perth.

i'm 30 plus now, 34??? yeah, 34..... many old people said that i still have a long way to go, but i guess in the thirties, it's when you start to plan for your retirement. probably our generation is different, due to our lifestyle and diet, i seriously dun think i would live that long. or rather, i seriously think that i cannot keep on slogging for another 20-30 years. i've already taken my 1st long service award. would i be taking my 2nd or 3rd?

back to our retirement plans... initially there were some...

1) when we grow old, check ourselves into old folks home, sell the house, 3 children buy their own houses in the future, money keep for retirement.

2) invest in some properties now, so that next time, each children will have 1 property. That is what we can do for them.

3) retire on a farm in a countryside. (this is the best!)

so after talking to aunt sally yesterday, she seems to have great plans for the whole family in Perth. This is so aunt sally, always planning and looking out for her sisters.

i think, we would slowly make plans to retire in Perth. no concrete plans yet, but this is the long term goal.

so the short term goal is to save money, big time. I have to develop some processes to save substantial amount of money. then the KPI will be to save what amount of money by each quarter.

Another process is to go Perth to do recce trip! yes, this is the big family plan for June 2010!!!! Serena, you are coming along too!

We are excited about this plan because this was something that i've planned a decade ago. i had plans to bring children over before they are 5 years old. yeah, a decade ago, year 2000. so now almost after a decade, it's like igniting a dying flame inside. so now discussing it was like fanning the ember, and slowly the ember is exploding into fire. what is different this time is there were extra resources, there were extra charcoal to help keep the fire alive.

ok, back to reality to work towards the retirement plans.

1 comment:

Anonymous said...

money is not everything but everything cost money!

fruits for thoughts hehehe!