Focusing on stocks to retire at age 45 | Bangkok Post: business

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Focusing on stocks to retire at age 45

  • Published: | Viewed: 1,329 | Comments: 1
  • Newspaper section: Business
  • Writer: Thai Financial Planners Association
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I'm 38 now. My income is not consistent, as it depends on how much I want to work, but I can earn monthly income if I don't take a break. My income is in a range between 500,000 and 650,000 baht annually. I also have combined annual income from dividends and interest of around 1.4 million baht. I'm free of debt, with only monthly parental expenses of 25,000 baht. They are quite old, so I think the medical expenses are my main challenge. 

My personal expenses do not exceed 15,000 baht per month. I have health insurance covering 100% of expenses for myself and 50% for my parents. I have around 22 million baht in cash, stocks worth around 18 million, and 1.1 million baht in a property fund that invests in leasehold properties. I don't have any insurance policy in my portfolio.

I have planned to retire as early as 45, so mostly I'm focusing on investing in stocks as much as possible. I expect dividend income only, not capital gains. My target is to gain a return of around 5-7% per year by rolling over the dividend income to reinvest in good stocks to get more dividend income. I intend to do not touch the initial capital if not necessary; by doing so, I won't worry about whether the share prices rise or dive.

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