Married couple with grown up children.
Mid 50s, both retired. Own three properties. Live in a small
HDB flat and rents out two PC.
Passive income per month of $5,000 net.
Drives a small car. No liabilities.
Combined net worth of $3m only.
We are your typical average Singaporean retirees.
Our retired friends are richer, they earn passive income of $10,000 pm and their net worth are about $5m. Even though we underperformed, we are happy as we still can afford some food on the table.