2) Make a family decision
62% of couples don't agree on their expected retirement age.
The age at which each of you will retire determines how much money you'll need. If you're among the multitude of couples that the Fidelity survey (cited above) found were not on the same page, make some time to talk with your partner about when you'll quit and what you'd like your life to be like.
1. Focus on what is most important
ThinkstockIn achieving wealth, how you invest isn't nearly as important as how much you save.
Say you're 40, have $200,000 saved, with 60% in stocks, and are putting away 10% of a $100,000 salary (including company match). You have a 52% chance of retiring with 70% of your pre-retirement income, according to T. Rowe Price.
Boost your stock stake to 80%, and your chances improve modestly, to 57%. But if you boost your savings to 15% instead, you get to 69%.
[Related: Jobs with high lifetime earnings]
Message: Stretch to save the most you can.
Source: Yahoo Finance
Our ex-supervisor Jenny Kiu popped in for a short visit this afternoon (21-6-12). Bringing along were some goodies for her ex-colleagues.
Jenny told me that she still cherishes the memories of her years at Premier Hotel. Every time she comes back for holiday, Jenny never fails to drop by to say hello to her old-time friends.
Jenny was a hardworking and responsible supervisor. When she moved over to a greener pasture, we all felt a great loss.
With her capability, Jenny strives ahead and shines in her new undertakings. Presently she is attached to Marina Bay Sands in Singapore and doing well there. We wish her all the best.
We posed for a group photo before Jenny left.
Our ex-staff Harry bin Frederick stopped over in Sibu for one night en route for Brunei.
Harry is now working for Prof. Albertus Yustinus Imas in Dayak research work.
This morning we grabbed the opportunity to have a photo with Prof. Alberttus and Harry befpre they left for Brunei.
We wish them all the best in their undertakings.
The picture shows (from left to right) Norraya, Prof. Albertus, Harry, Tony Hii, Yiin and Annie Lau.
July is going to be a busy month for SAGA Central Region. Lining up are English Public Speaking Speech Contest (jointly with Sibu Swan City Toastmasters Club), Study Pathways of Australian Universities (jointly with Global Educational Services (M) Sdn Bhd) and English Song Singing Competition (jointly with International Music Examinations Board).
The local dailies gave full support by publishing the news of our activities.
Stay tuned in to the above three events.
Ah Jib Ge came back to Sarawak again within a short span of time, apparently to drum up for election support.
Our PM hinted that the 13th GE would most likely fall in July before the fasting month of the Muslims.
Sarawak remains the FD of BN. Ah Jib Ge certainly can't afford to ignore the state.
SAGA Central Region made a press release on 31st May to support the proposed UCTS in Sibu.
Dr. Hu Chang Hock made the release on the association's behalf.
It has been the dream of Sibuians to have a full-fledged university in Sibu. With the proposed UCTS, Sibu has given out a ray of hope. It is our wish that more is to come!