My Sweet Retirement Annual Review of 2018

Today is the last day of the year 2018 and tomorrow we are welcoming the year 2019. It is also during this same time whereby I do some self reflection across my investments, work and family.

Personally I felt that the overall stock market this year was a roller coaster ride impacted by the US trade war with China, US government shutdown etc. All these events seems to have send negative reactions across stocks markets. These world wide events has strengthen my believe as a dividend investor whereby the worst case is that you still get paid dividends when the stock price of the company falls due to such negative events.

I have completed the DBS Multiplier Account + Singapore Savings Bonds hack. This means that I will receive higher interest payout from my DBS Multiplier Account starting January 2019.

Work is busier than before and I noticed that I have worked longer hours everyday (from 8am to 7.30pm). My goals and vision seem to be out of alignment with what my boss expects out of me. I have always tried to remind others within my department and take precautions to mitigate project risks, however my good intentions always turn out to be a scolding session by my boss. The lesson learnt? “Keep quiet and just do it no matter the outcome”.

Like many of you out there, I also have my elderly parents and grandparents aging year on year. I seem to have neglected them this year and I should bring them out at least once a month for a stroll or enjoy a good dinner together.

Last, below are the goals that I have earlier set out for 2018 and let me check if I have met all of them.

1. 11K of Passive Income (Not Met)

My total dividends collected this year was $9,789.19. This is an increase of 25% as compared to the total dividends of S$7,350.31 collected in 2017. I am still $1,210.81 away from my goal of achieving 11K worth of passive income from dividends collected.

2. Read (at least) 6 Books (Not Met)

I tried to catch up on my reading but it seems that I rarely visited the library this year as I was busy ferrying my kids for tuition, music and swimming classes over the weekends.

Another reason was that I personally find it tough to find even good books. I am glad that this month I managed to visit the library at least once when I was clearing my annual leave. Found this book that is really simple to read called “Everyday Tidiness – 365 Ways to a Decluttered Life“.

In the month of December, I also discovered a application from National Library Board that allows you to borrow eBooks. This has made borrowing and reading books easier at my convenience.

3. Contribute to SRS Every Month (Met)

I have set out to contribute at least S$500 to my SRS account this year for the purpose of reducing my payable tax next year. I am glad that I have met this goal as I contributed a total of S$6,000 to my SRS account this year. I wish I can contribute more for further tax rebates but I guess that is the maximum amount I can contribute to SRS for now.

Even thought the interests earned from the SRS is petite, I was relieved when MAS announced that we can use the SRS monies to invest in Singapore Savings Bonds next year starting February 2019. (Read more: Purchase Singapore Savings Bonds with SRS in 2019)

4. Jog (at least) twice a week (Met)

Despite my hectic work schedule, I have managed to squeeze out jogging at least twice a week (Usually on Saturday evenings and Monday evenings). I jogged a total of 135.69 KM this year. This averages to 11.30 KM per month.

That is all folks for my 2018. Happy New Year!


  1. I must say that increasing your dividends by 25% is still pretty amazing! You are getting real close to your goal now.

    It’s really not easy to keep fit amid our hectic work schedule. Must have taken a lot of discipline to keep to jogging twice a week.

    Happy New Year to you!

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