Originally Posted by Unregistered

Here is our retirement plan

Age 55, we will do this

1. Sell our fully paid condo at $1 million
2. Buy a four room resale HDB flat for $400k, fully pay in cash
3. We will spend for our retirement $40k pa or $400k over 10 years (from age 55 to 65) for me and spouse

Age 65, my spouse and I will get $4500 pm ($54k pa) combined from CPF Life

We will retire in about five years time