Quote:
Originally Posted by Unregistered
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. |
Congratulations. Wish you the best and enjoy your retirement.
Unlike you, many are chasing after the insatiable greed for money until they die at their wordesk. They just give themselves silly excuse like scare not enough monies to push themselves nearer the graves. Let them be. For you, know what is needed n more importantly, when to quit the rat race n smell the roses is all the matter!! Good luck!!