Quote:
Originally Posted by Unregistered
Downgrading is no problem at all. Many people downgrade to fund their retirement. There are those who sell their landed properties and buy HDB flats to retire.
For example they sell their landed properties for $3 mil. Then buy a HDB flat for $500k. They have $2.5 mil to travel and enjoy life. No need to worry at all. |
I know of a high flyer friend in the corporate sector who sold his landed property, made a good profit from the sale and downgraded to a condominium apartment. He is now retired and focuses his life on doing charity work for free and improved on his health. He is debt free. I’ve never seen him happier and healthier. He retired in his mid 40s. Super high achiever in Singapore.