Long Exposure Photography at Blue Hour by Joey J πŸ“Έ


Turning 50: Part 7 (Finale) – The Best Days Are Ahead of Me

Turning 50: Part 7 (Finale)

This is going to be the last post in the series, as I’m turning 50 later this month!

So, in my previous post, I mentioned that I’m never a money guy, but nowadays I’m often thinking about money πŸ˜… because I need to figure out how much I’ll have to save before retiring from my draining full-time job.

In Singapore, the official retirement age is set to 63 while the pension payout starts at 65. How much I receive monthly will be decided by how much I’ve saved in their retirement account by 65. I’m hoping to receive around SGD2000 a month, which isn’t a huge amount but livable enough for those leading a modest lifestyle like me. πŸ˜…

In addition, from age 60 to 80, I’m expected to receive a small monthly payout from an insurance savings plan, but other than that, I won’t have any other income, such as dividends from stocks, etc. So, if I’m to retire early in my 50s, I’ll have to solely rely on my bank savings until the payouts from the insurance savings plan and the pension are kicking in at 60 and 65 respectively.

At this moment, I’m aiming to retire at 55, as I’d rather retire early with less money to spend on than working into 60s and continuing losing my precious time on this planet, because there is no guarantee that I’ll remain healthy and live a long life. That said, quitting work while still having the full-time income is scary to say the least, as I can never come back to a decently-paid job at 50 something, especially considering my low employability. πŸ˜…

In fact, there are a number of benefits being employed as full-time. First and foremost, I get money every month. πŸ˜… Also, there’s a basic insurance covering dental care, etc., optical benefits (free glasses), long-service bonuses, among others.

Once retired, I’ll lose all of these, but saying like that, I can never retire. 🀣 So, when the right time comes, I’ll need to take the plunge, give up the potential income and free myself from the life-sucking job before it gets too late.

Anyway, let’s see how things will go and pivot if needed. I’m not too scared to go into 50s. Although I’m always exhausted from work, I don’t feel old mentally or physically, not at all. With retirement on the horizon, I have no doubt that the best days are ahead of me. πŸ˜€

P.S. I’ll probably do another series when I’m reaching 60. I cannot imagine me being 60 πŸ˜… but it’ll come, as long as I’m around!

Read All Series

PART 1 Turning 50: Part 1 – Young at Heart or Immature?

PART 2 Turning 50: Part 2 – Aging Is Preparation

PART 3 Turning 50: Part 3 – Underrated and Under-appreciated Corporate Life

PART 4 Turning 50: Part 4 – Life Begins at Retirement

PART 5 Turning 50: Part 5 – In the End, It’s People That Matter

PART 6 Turning 50: Part 6 – 50 Is the Time to Rethink about Life Going Ahead

PART 7 Turning 50: Part 7 (Finale) – The Best Days Are Ahead of Me


About MeAbout the Author: LASTLIGHTS.NET is a passion project of Joey J, a Singapore-based Japanese photographer primarily shooting cityscape photography with long exposure at blue hour. Visit his Home Gallery (30 most favourite photos taken) or download his free eBook, Getting Started with Long Exposure Photography.


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July 8, 2023 | Permalink

What about if you move to a different department in that company you’re working in so that you don’t feel like it’s draining you? Find something new to do or transfer to?

    July 8, 2023 | Permalink

    Actually, whatever job I do, I get drained. πŸ˜… I hate working in general, but work very hard, which makes me even more tired!

      July 9, 2023 | Permalink

      Yes, I hear ya! Like someone said here, you already started thinking about retirement planning so that is a great start already. Good luck and don’t work too hard πŸ™‚

      July 9, 2023 | Permalink

      Yeah, thanks! I’ll try not to! πŸ˜…

July 8, 2023 | Permalink

From my experience I can tell you, you will survive getting 50 and Even 60 πŸ˜‚.
The most important part of your retirement project is already done: to think about your options early.
Good luck!

    July 8, 2023 | Permalink

    Thanks, that’s nice to hear! Financially, I probably should’ve started earlier, but it’s getting better nowadays. πŸ˜€

July 9, 2023 | Permalink

I think it’s tough because at least here, schools don’t teach you about budgeting, investing etc. If you don’t have someone older to teach you back in the day you never know.

These days people have stuff like YouTube/Reddit etc to learn and get advice so it’s much easier. Regardless, I hope you can have an enjoyable retirement and still get to travel and shoot your cityscapes!

    July 9, 2023 | Permalink

    It’s very true. I realised after turning 40, so it was a bit late to start. Yes, it’s nothing better than being healthy and don’t have to work. πŸ˜… After retiring, I want to stay in my chosen cities long enough like a few months each to shoot many decent photos!

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