Quote:
Originally Posted by Unregistered
Thank you for sharing. We can also retire at 55 by downgrading from a condo to a 4 room
HDB resale flat. After downgrading, we should have $500k cash to enjoy our retirement from age 55 to 65. Our CPF Life ERS is expected to give us $4500 pm ($54k pa) combined when we are 65. |
Say you get covid and need to isolate at home, do you think your downgraded new
HDB can stop you spreading covid to the rest of your family members? Did you actually think this through properly?
Your projections are only valid in a pre-covid era.