Quote:
Originally Posted by Unregistered
Planning to retire when we collect our CPF soon. Our home is fully paid up. We should be able to collect $400k in total from our CPF OA combined at age 55. This is enough for us both as we are live a simple life. We need $360k ($36k pa) from 55 to 65. We will get $54k pa from our CPF Life combined from age 65 onwards. |
Good for you. Retiring at 55 is becoming more common nowadays. People sell their private property and downgrade to
HDB flat to get lots of cash. Cheaper to live in
HDB flat.