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Old 04-04-2023, 04:51 PM
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Originally Posted by Unregistered View Post
How much does a retiree need per month assuming no debt?


Food ($20 x 30) = $600
Utilities $150
Public transport $50
Medical insurance and fees $400
Groceries $400
Misc $400
Total $2000

This can be financed by CPF Life. So no need to have a million dollars in the bank to retire.
$1500 pm is actually sufficient
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