55, owns a 5 room HDB flat, paid up, now worth $900k. Cash, CPF and other assets $600k. Drives a cab. Plans to sell the flat when I reach 60 and buy a studio flat for the elderly, costing $70k. Will then buy annuity for me and wife each with $1.5m. We will retire at 60. My flat is the best investment in my life as I bought it 25 years ago at a very low price. Thanks to our government and country's growth, our property value go up and can make taxi driver like me to retire at 60. Our flat is the best retirement asset, I am very happy with my wise investment to buy a 5 room flat. I am very smart to buy the flat, my friends that time told me to just buy a 3 room flat.