Yield of an investment

Dear Mr. Tan,
How do I calculate the yield on an investment?

REPLY:
You can use a financial calculator.

For example, if you invest $1,000 yearly for 20 years and earn a yield of 5% per annum, you will get $34,719 at the end of 20 years.

If you enter the figures of $1,000, $34,719 and 25 years into the calculator, it will be able to compute the yield as 5%.

Rent out your HDB flat

If you are retired, and you need a regular income, you can rent our your HDB flat and earn an income and stay with your children or friend. Here are some tips:

http://newpaper.asia1.com.sg/columnists/story/0,4136,152790,00.html

More articles from Dr. Money
http://www.tankinlian.com/drmoney/.

Impact of inflation on financial planning

Dear Mr. Tan,

With the high rate of inflation, I am not sure if my savings is sufficient for my future needs after I retire. How should I review my planning?

REPLY

You can get some guidance on this matter from this FAQ:
http://www.tankinlian.com/articles/financial.html