Quote:
Originally Posted by Unregistered
My wife and I can retire in a couple of years at 55 after collecting our CPF.
We can sell our condo for $1.1 million and downgrade to a $500k 4-room HDB flat.
We will have cash of about $800k after that.
This cash will be more than enough to finance our retirement from 55 to 65.
At 65 we collect CPF Life of $5k pm or $60k per year in total.
Life is good in Singapore.
Can retire early. |
Retire at 55 is not early retirement. Must be in your 30s or 40s, then can say retire early.
I retired in my mid 40s, that’s early retirement.
I was a high flyer executive in an MNC.