Monday, 21 December 2015

Life is Unpredictable

For you who are planning for retirement fund till eternity, bad news. My cousin passed away recently at 41 years old. Rest in peace...

Not to fret, our life expectancy are increasing:

Life Expectancy at Birth
195719701980199020122013201459.463.264.167.869.874.773.177.679.884.380.184.580.584.90102030405060708090100Age (Years)MaleFemale
*Data from 1980 onwards refer to the resident population.
Data for 2014 are preliminary.
- See more at:

This reminds us that it is an art to live every day like it is your last, and plan your finance like you live forever. To learn this art is a lifelong journey.

Averagely, we are expected to live to >80 years old. Who knows how long our journey will be? Go chase your rainbow!


  1. Frugal Daddy,

    My condolences.

    I was having a lively discussion with another reader on anecdotal and empirical evidence.

    I guess our personal and anecdotal experiences and observations have a bigger impact on our emotions and sentiments.

    The trouble with averages is that 2 males - one die at 40 and the other at 120 would average age 80 as a statistical empirical "fact".

    Unfortunately, if the 2 males had "planned" life accordingly using 80 as a yardstick, one would have unfulfilled dreams, while the other may have run out of money...

    Like what you've said - its an art to balance the 2 extremes.

    Having said that, life would be infinitely boring if things always turned out exactly as we have planned...

    1. Hi SMOL

      Would you want to live till 120? I guessed the "ideal" is actually around 75-80 for me?

      The fear of running out of income is why passive and dividends investments are getting popular. I know you going to say this is bullshit as these are just baits. What matters is money eventually into our wallet. haha.

      The good thing about CPF life is that it provide us with income for life. For those without, they have to downgrade mortgage or other means. It is all about finding that thin line.

  2. Sorry to hear that, FD. It should be a positive lesson for all of us to live our lives and not to plan so far ahead of the future that we neglect the present. Hedge both sides - against a longer life and no money, and a shorter life with plenty of money.

    1. Thanks LP.

      I think striking a balance is most important. That is what you have been writing about. Time vs Money. live everyday and leave no regret.

  3. Hi FD,

    My condolences. But I think as with everything negative, there's bound to be a silver lining somewhere. I can see the change and a more positive attitude from you towards work and life!

    1. Hi SK

      Thanks for your encouragement! I do see that no matter what choices we made in life, 天无绝人之路. Indeed, a silver lining is there.

  4. Hello FD,

    Sad to hear about the demise of your cousin. At a young age of 41 years old somemore. I hope your cousin's family is able to cope with the grief and the loss.

    1. Hi SS

      Thanks. It is going to be difficult to his immediate family. I hope they can cope well too.

  5. Hi FD

    Sorry to hear about the loss.

    At 41, it's really difficult because the family would have been in the position where they are vulnerable. Hope everything would be fine for them.

    1. Hi B

      Thanks. We are on the right track to regain more time for ourselves before we expired.

  6. Hi FD,

    My condolences. Coincidently, I wrote a post with the same title more than 1.5 yrs back, when my broker just pass away in a sudde from brain stroke.

    My father did die young also. And some even can’t live past their birth dying in the womb. Is dying more scary or dying with regrets more scary? Should we Enjoy now Or Plan plan plan?

    Perhaps that is life predicament we are all facing.

    Guess it’s all about “balance” and “moderation”.

    RIP for your cuz.

    1. Hi Rolf


      I think if we find hard enough, we can find similar post somewhere in this earth for every post we made?

      I learnt that we should enjoy every moment, but plan for retirement fund prudently. Frankly, with my health track records, I wouldn't want to plan anything more than 80. Above 80 will be covered by my CPF life, left over fund and mortgage (Last resort).

  7. i always say & believe how much you wear and how much you eat and how you die, is more or less determined by the "Someone Upstairs".
    Nevertheless, living we have to make provisions for ourselves in case we live too long. And provisions for those we leave behind too.

    1. Hi Temperament

      Is this the first time you left a comment in my blog? If yes, welcome to my humble blog. I always see you comment in other blogs, so kind of confused.

      I don't really believe in leaving too much for dependents more than the minimum. What is the minimum? :)

  8. Not sure; but where I commented most is where I think it is worth to contribute my 2 cents of "living" experience.
    Making provisions for those we leave behind can mean we prepare them to ease into our affairs after we leave. Of course if you have a child or kin who can not take cake of themselves, then a TRUST may be needed before you leave for good.

    1. Influenced by my own growing up, I believe that giving the child to manage their inflow and outflow after 21 years old (I started working since 14 years old) will give them an edge in personal finance.

      My insurance and asset should tide them thru if I expired earlier than expected. Not to the extend that there is free degree sponsored. Living expenses, yes. As for my other family members, they already know my plan or advice.