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  #11784 (permalink)  
Old 16-09-2019, 04:56 PM
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Can retire. Cos your expenses not high.

Just remember to stay healthy as medical bills can be very very high.

Take care!

Originally Posted by Unregistered View Post
I want to retire at 55.

My home is paid up.
I have $500k cash savings.
This cash to spend between 55 and 65.
I will spend $1.5k pm for food, insurance and utilities. $180k over 10 years.
At 65, I will get my CPF Life, $2k pm for the rest of my life.
I lead a simple life.
No car, eat cheap and healthy.

I have many things I want to do during retirement.
No need to spend much money.
I like to read. Can go library. Free.
I like to jog. Free.
I like to go to the park and exercise. Free.
I like to watch movies. Not free but can afford.

Can I retire at 55?
Any advice?
Thank you.
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