Retiring at 55 is wonderful. By then you would be able to collect your
CPF after setting aside for your Retirement account. If your home is debt free, then you have a big burden off your mind. Assuming you don't drive, drink or smoke, your monthly expenses is not high. You can cook simple healthy meals and exercise everyday. You can live a long life.
Quote:
Originally Posted by Unregistered
Just turned 55. Decided to retire. I have $200k cash to spend over the next 10 years. My small flat is paid up. I’m a simple guy who just need $1.5k pm. When I reach 65, my CPF Life will pay me $2k pm. I’m tired of working so I decided to retire early. Actually not so early. I know people who retired earlier. I think there are high flyers in this forum who retired at 45. |