Quote:
Originally Posted by Unregistered
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.
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$1500 pm is actually sufficient