2Mon
Honestly, the first thought that came to my mind was: €20,000 in dividends per year.
Simply as "fun money" to go out to dinner with friends & family and not think too much about going on vacation.
Your standard of living should be covered by your job anyway and you should be able to go to work as happy as possible.
Simply as "fun money" to go out to dinner with friends & family and not think too much about going on vacation.
Your standard of living should be covered by your job anyway and you should be able to go to work as happy as possible.
•
5454
•
2Mon
@Gerit Does this already cover your future pension gap?
••
... wouldn't it also be nice to have reduced working hours with compensated loss of earnings? 😎
•
22
•
@Gerit Are you planning to invest €400,000?
••
2Mon
@UndNun I'm not banking on closing my pension gap with investments, but with my career.
•
22
•2Mon
@G_with_shares It's definitely something nice too!
••
2Mon
@Shadow_Trades_Now Don't plan anymore, just do your best, the whole thing should give you peace of mind and satisfaction and not "I haven't reached my goal", in the end you just miss the 400k, for example, but it's still enough, but you're not happy because you haven't reached your "milestone".
Even my milestones so far haven't made me "happier".
But I think that 400k is possible, why not, if fate wants it that way 🤷🏼♂️
Even my milestones so far haven't made me "happier".
But I think that 400k is possible, why not, if fate wants it that way 🤷🏼♂️
•
44
•1Mon
@Gerit If it works, very good!
Here in Germany, that's probably out of reach for the vast majority of people.
Do you live in Singapore? Years ago, I saw an article about how well Singapore is doing to provide for its residents in old age. Thanks to great support, 70% or more of the residents ended up with their own apartment.
And it wasn't unusual to start with a small apartment and improve it over the course of your life if you can afford it.
You can only dream of such paradisiacal circumstances here.
Is that still the case in Singapore?
Here in Germany, that's probably out of reach for the vast majority of people.
Do you live in Singapore? Years ago, I saw an article about how well Singapore is doing to provide for its residents in old age. Thanks to great support, 70% or more of the residents ended up with their own apartment.
And it wasn't unusual to start with a small apartment and improve it over the course of your life if you can afford it.
You can only dream of such paradisiacal circumstances here.
Is that still the case in Singapore?
•
11
•
1Mon
@UndNun Well, it's not impossible. I'm now 29, have invested almost 140k and am worth 192k.
I only graduated from secondary school and then did my vocational diploma. Then I did an apprenticeship and worked my way up as an international service technician. I also worked my ass off and put in a lot of overtime. The job is great fun.
Find a job you love and you don't have to work anymore. Money was always just the positive side effect.
I only graduated from secondary school and then did my vocational diploma. Then I did an apprenticeship and worked my way up as an international service technician. I also worked my ass off and put in a lot of overtime. The job is great fun.
Find a job you love and you don't have to work anymore. Money was always just the positive side effect.
•
11
•1Mon
•
22
•1Mon
@UndNun In Singapore, there are definitely tax advantages for residents, including tax-free dividends on REITs
In addition, the standard of living is also much higher there, and you can't simply immigrate - that certainly plays a major role in the topic of "property".
In addition, the standard of living is also much higher there, and you can't simply immigrate - that certainly plays a major role in the topic of "property".
•
11
•