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Old 21-06-2023, 12:15 PM
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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
Living like peasants and pretending to be happy, hope you enjoy
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