Quote:
Originally Posted by Unregistered
I think you should sell your HDB flat and buy a cheaper flat costing $300k+, you can get such a flat in the west and north regions. Then you could have about $1.5m of investment funds which you can invest in things such as REITs which will give you 5% pa. Hence you will get $75k pa, which is more than enough to retire in Singapore. You don't need $3.5m to retire, only crazy people think like that. There are many retirees retiring with much lesser. |
This is the best advice. I checked propertyguru and found there are many older
HDB flats selling at $300k plus or lower. You can retire with $75k pa and focus on your health.