Quote:
Originally Posted by Unregistered
54 yo semi-retired man
Retired from high stress corporate job
Health issues due to high stress, corporate life
Switched to simple job, no stress
Makes $3k pm ($36k pa). Big drop in pay
Cut expenses to $2k pm
2 bedroom condo (retirement home) paid up
Debt free
Will fully retire at 65
Passive income $2.5k pa from CPF Life
If need more money, can rent out spare room $1.5k pm
Potential total passive income $4k pm |
You can retire now if you sell your condo which is currently worth $2 mil. You then buy a 4 room
HDB flat. You will have $1.5 mil to spend for your retirement. Don’t need to worry about stress.