58, 57, retired couple
4 room HDB flat fully paid up. Worth $500k
No car
Children are working
Retirement expenses covered by cash and CPF savings and children’s monthly contributions
Savings $400k, needs $36k pa for retirement expenses. Total retirement expenses from now until 65 is about $288k
Will start receiving CPF Life from 65 onwards
Simple retirement lifestyle. Home cooked food. Public transport. Regional holidays
Enjoying our retirement. Slower paced life. Less stress. Healthier. Happier