We are a retired couple with $500k cash. Our condominium unit is paid up. The cash will last us for ten years. When we reach 65, we will get $4k pm from CPF Life. We will retire in place in our condominium.

We estimated that we will need only $3k pm after 65 as we will cook our own meals.
We don’t drive and we do our simple household chores ourselves.
We can save $1k pm.

We have achieved the Singapore dream because we own a condo, drove a car before,
have cash for retirement. We are simple people, live in a modest condominium and
lead a simple retirement. We don’t need to work so hard until 65 years old. We are
happy to retire at 55.