Quote:
Originally Posted by Unregistered
Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.
Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.
We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.
Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire. |
Very smart and intelligent decision.
For example you can sell your condo or even keep it and earn rent money upwards 10k a month. If you sell you will get lots of capital and you can enjoy life with family as a millionaire.
Sell condo for 3 million, buy a landed house in Thailand for 100k, that is a 2.9m profit, well done.