Age 35
Annual - around 150k with bonus
Cash 200k
Cpf (OA 30k+SA 180k) 220k
1 condo in JB with 140k debts (intend to repay in full and keep for retirement)
2 rolex can get back 25k easily
no investments , not married, no car nor
hdb , staying with parent :s13:
Aim to retire at 45 with enough savings, once income drop to zero then go apply for 2rm bto with full payment from
CPF OA / or take over parents 4rm
hdb (60 years lease remaining as of now but strong for rental)
CPF SA should hit 500k when im 62 compounding at 4% ( if no changes to % and withdrawal age/rule
Bought term insurance for 400k till 65 (may cancel at age 45 if i have no dependents)
Aim to retire at age 45 go yolo and move around low cost countries like malaysia, thailand taiwan and home. With 1M in cash, 1 jb condo , 1 hbd (2rm bto /old 4rm
hdb) no debts , withdrawal rate of 2-3%. ,
CPF life as backup (
CPF OA $0,
CPF MA Full )
appreciate all the senior's advise on how am i doing, and on my plans as well