My wife and I retired last year when I was 55 and she was 60. We sold our landed property for $2.5m. We then bought a one bedder condo for $900k. We invested $1.6m and we got $80k in dividends per year. We also have about $200k in cash. Since we no longer own a car, our annual expense is only $40k per year. My wife cooks while I help out in the house work. We enjoy relaxing by the pool. All this is possible due to my investment foresight to buy our landed 20 years ago. I forecasted that our landed price would go up a lot. My prediction came true. We are able to retire in a condo because of my investment wisdom.