Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #13610 (permalink)  
Old 14-02-2023, 02:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Next year I will be 55. I will set aside $309k for my CPF Life Enhanced Retirement Sun (ERS) so that I will receive $2500 pm at 65.

I will also retire next year as I have $500k (cash + CPF) for me to spend from 55 to 65. I will not spend the whole amount. I expect to spend $30k pa in retirement.

My 3 bedroom luxury condominium unit is fully paid up and I am debt free.

My CPF Life and condo are my retirement assets.

Although Iím not rich, I consider myself lucky and successful in life.

Time for me to relax next year. Iíve been working so hard for a long time.
You are rich because you own a condo. Not many people can afford a condo.
You have planned your retirement well and deserve an early retirement at 55.
There are those few who are more successful as they retire in their 30s and 40s.
Reply With Quote