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Old 28-11-2017, 12:32 AM
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Property and car are the most expensive items here. If your home is fully paid up and you don't own a car, then you don't need to spend so much to retire. Food is quite cheap if you eat at hawker centres where you can get $3 meals. Don't need to buy drinks as you can always bring your own water. Public transport is also cheap compared to other countries. Healthcare is not cheap but if you have medisave and private insurance, then not to worry too much. If you still want to drive and eat at classy restaurants frequently
when you retire, then you need a lot of savings.
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