July 11, 2022

555 – Ron made 47% from KL in 7 months
556 – James made 21% from SU in 2 months
557 – Ishak made 51% from OPEN in 6 months

I changed my view on retirement.

In the past, before I actually retired, I am a long-term investor that focused on getting 30% per year.

For most people, their retirement goal is to reach $1M+ in portfolio size.

For me, because I know I can make 30% return, my retirement goal is a lot closer, which requires less capital.

After achieving my LEAN FIRE retirement goal in 2021, the market crashed.

At this point, when I need to recalculate the amount of income I get from retirement, it has become less “delicious” to retire at this stage.

Thus, here’s a new principle I will set for myself.

For whatever retirement balance you think you need, double it.

You need to be prepare for any market crash.

Thus, if you want to retire, you need to have enough buffer for market crash.

Sometimes, S&P 500 can drop 50% during a market crash such as 1937, 2000, 2008.

That’s why it is important to have a GOOD STRATEGY + a good amount of BUFFER as well.

That’s why, I am about to release an upgrade to Investing Accelerator to address this problem for better retirement.

About the author 

Eric Seto

Eric Seto is an investor with over 10 years of experience. He travelled around the world to help with auditing, accounting, purchase and sale of companies.

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