Hellow guys, Welcome to my website, and you are watching Retire Earlier With One More Million Dollars Using This Proven Formula (Full Explanation). and this vIdeo is uploaded by Marcus Luah at 2024-06-14T02:00:24-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Retire Earlier With One More Million Dollars Using This Proven Formula (Full Explanation) |
| Video Uploader | Video From Marcus Luah |
| Upload Date | This Video Uploaded At 14-06-2024 09:00:24 |
| Video Discription | Apologies for the errors 🙏 Basically $1m extra savings is based on buying a 1.6m property on a 25 year loan. But overall the concept doesn’t change. 6:53 The script was mixed up, calculation is based on a $1.6m purchase price at age 35. Sorry that I said $1.3m it’s wrong 🙏 genuine mistake. 7:19 The $303k outstanding loan at end of year 20 is based on 25 years loan tenure, 2.5% interest. Installment is $5383pm rather than $4741pm 8:57 35 years old with 30 year loan tenure, balance loan should be $503k means cash balance after retirement home 200k lesser if you downgrade at end of year 20 🙏 13:53 Loan amount is $975k which is based on a 25% downpayment not 20% at $1.1m Description: What if the properties you invested fail to appreciate before you even retire? I am going to share the factors you should consider in your retirement plan as well as a game plan for you to mitigate the worst case scenario while saving additional money on the side to retire. Let me know your thoughts in the comment section below. Timestamp: 0:00 Introduction 1:40 Retirement Age in Singapore 2024 2:06 How much do you need for retirement 3:09 Using mortgage repayments for retirement 3:30 Setting extra funds aside for a Comfortable Retirement 4:32 Property price trends pre and post pandemic differences 6:32 Retirement Game Plan 2024 7:20 Paying Simple and Compounding Interest 8:00 Retirement Game Plan 2044 9:53 How to ensure this is safe for you 11:19 Utilising this plan to your advantage 12:28 My Recommendations and Breakdown 14:46 Wrap up For more videos like this, do subscribe to us here! DM for enquiries - https://linktr.ee/Keepitrealwithmarcus Connect us on your socials: Ask Me Anything here (NGL) - https://ngl.link/marcusluah Tiktok - https://www.tiktok.com/@marcusluahsg/ Instagram - https://www.instagram.com/marcusluah/ Facebook - https://www.facebook.com/Luahmarcus/ Telegram - https://t.me/KeepItRealEstateSG Website - https://keepitreal.com.sg #islandlife #sgrealestate #sghomes #realestate #dreamhome #realtor #property #realestateagents #realstate #realestateinvestor #lifestyle #propertyagent #singapore #singaporelife #property #realestateagents #realstate #realestateinvestor #lifestyle #propertyagent #marcusluah #keepitrealestatesg |
| Category | Education |
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