Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #12400 (permalink)  
Old 05-06-2021, 09:34 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
We plan to retire at 55. When we reach 55, we will sell our property and downgrade to a cheaper property which we will pay in full cash. We will sell our condo at $1m and then buy a HDB flat at $500k. So we will have $500k cash to spend for our retirement from age 55 to 65. When we reach 65, we have CPF Life. Our annual expenses will not be high as we will cook our meals, do our own household chores, no car and we don’t like to shop for new stuff. We have lots of clothes which can last us for a long time. We enjoy a quiet and modest living.
Are you at the financial security, independence, freedom or abundance level?
Reply With Quote