Originally Posted by Unregistered

I do not see much of an issue for you. In fact, you have already achieved financial success. What you and your wife need to do is to maintain your lifestyle such that you have surpluses every year until you both reach 65 years old.

Your assets:

1. A fully paid condo. Assuming this condo is now worth $1.5m (the average value of a condo in Singapore). This condo will surely appreciate in value over 20 years and will be worth at least $3m in 20 years time.

2. A $1m investment portfolio. This portfolio, if managed carefully, will be worth $2m at least in 20 years time.

3. If your family can save $60k a year, in 20 years time, you will have an extra $1.2m cash.

So your grand net worth total in 20 years time will be about $6.2m.

Better for you to take a lower risk of managing your investments rather than going into high risk business ventures, which will likely make you lose all your hard savings of $1m.

Perfectly alright to be a house husband who takes care of your children to grow up to be scholars.

With $6.2m in 20 years time, if you want to live like a king, you can retire in Malaysia. When you convert $6.2m you will get at least RM15m.

All the best.