[Post 155] Planning Right For Retirement, When You're In Your 50s (And In A Recession)

Summary

You’re about to retire in the next few years - but wondering if you have enough funds to last you. Has the COVID-19 economic recession affected your retirement goals? Should you try to ride the recent stock market rally to grow your nest egg quickly?

Muthu Kumar, 55, is worried about not being able to get medical insurance coverage at his age with a medical condition. Private hire driver Terry Tan, 56, talks about making a property investment mistake, and the challenges of saving as a self-employed person. 

Financial experts Kenneth Lou, CEO of Seedly (a personal finance platform), and Chuin Ting Weber, CEO of MoneyOwl (a financial advisory and fund management firm), advise how Terry, Kumar, and others in the same situations can work towards their ideal retirement lifestyle. 

[Post 154] How Starbucks Operates Like a Bank While Serving Coffee | WSJ

Summary

Starbucks, a $124.4 billion company, trails only McDonald’s as the largest restaurant chain by market capitalization. In this video, WSJ’s Heather Haddon explains how Starbucks used technology to garner its loyal customer base and why mobile orders are shifting the chain’s business priorities.

[Post 153] What Retirement On $1,000-$2,000 A Month In Singapore Looks Like | CNA insider

Summary

Can you enjoy retirement on S$1,000 to S$2,000 a month in Singapore? Three retired 60-somethings - a former IT professional, firefighter and salesman - share what life after retiring is like, and how they built their nest eggs.

[Post 152] Relocated From US to Bail - Here’s How Much It Costs | Relocated

Summary

Olumide Gbenro, 33, relocated to Bali from San Diego in 2019. He currently makes $140,000 a year running a social media marketing agency and hosting virtual and in-person conferences for digital nomads.

[Post 151] Tamagotchi Collector | Niche Hobbies

Rachel was first introduced to Tamagotchis back in primary school by her peers. 

After owning her first unit, she developed a strong interest for the toys. Today, she has collected over a hundred Tamagotchis and also sells customised knitted cases for them.

[Post 149] How I Live, Travel, & Game Out Of My Van For $700 A Month | Unlocked

Summary

Trent Arant, 28, lives, works, and travels in a gut-renovated van. He pays about $700/month in loans for the van. In total, he spent around  $10,000 towards renovating his van and turning it into a livable space. Trent is a digital nomad working as a visual effects artist and content creator.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

[Post 148] How I Turned Vending Machines Into A $300K Business | On The Job

Summary

Marcus Gram, 31, saved up $10,000 to start his vending machine business in 2018. His company, Joyner Vending, now has 21 vending machines spread across Philadelphia, Baltimore, Washington DC and Detroit - and it brought in over $300K in revenue in 2021.