Whether you are a soccer player for the best teams in the world, or the best engineer, or in management at the biggest companies around the world, when our career ends and we enter retirement, we are faced with the same reality. We will live with whatever we’ve earned, saved and invested.

If your cash deposits are yielding ~1%, you’re losing purchasing power every year due to inflation. Holding a sizable portion of your portfolio in cash will cost you over the long-term.

Personal finance doesn’t really spark joy in many of us. In fact, it has been proven that people would rather talk about death then money. But as Marie Kondo says: “Tidy up your space (finances), transform your life.”

Time is your biggest ally here in building up a retirement nest egg. Albert Einstein once said, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.”

This week marks the beginning of Chinese New Year, a time to spring clean, ‘sweep the dust’, put away old things and bid farewell to the past year. We should take this time to clean up our investment portfolios, and make room for good fortune.