Quote:
Originally Posted by Unregistered
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. |
I’m thinking about this too. My condo is paid up and is worth $1.1 mil. If I sell and then buy a $500k
HDB flat, I get $600k. Our
CPF OA and cash combined is about $300k. So $900k should be enough to last us for 10 years from 55 to 65.