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.
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You made the decision to retire at 55. There are people who died at 60 or even in their 50s. Cannot enjoy a single day of retirement. Since you’re are financially free since you no longer need a job to sustain yourself, then it is wise to retire since you can.
There are those who already have a lot but greedy. They suddenly died before 65.