Thanks for sharing. My wife and I are also planning to retire soon. Our terrace house is now too big for us and it is a chore to maintain it, also not cheap to upkeep a landed property. We plan to sell the house, now worth $3m, and buy a studio or one bedroom condo unit near an
MRT station and shopping malls. We have shortlisted Caspian or The Lakefront Residences (now selling at $700k only), which are located next to the Lakeside
MRT station and near Jurong Point mall. We look forward to jogging at the Jurong Lake park every morning. Looks like a nice location to retire.
Quote:
Originally Posted by Unregistered
Hi,
Just wanted to share with you our retirement lifestyle. Ours is in between comfortable and luxurious. We live in a brand new 2 bedroom modern condo in a prime area. Out of our own choice, we don't have a maid nor a car as our condo is just next to an MRT station and just an MRT stop to a big shopping mall.
We get an annual stocks dividend income of $120k pa while our expenditure is $60k pa. We go for holidays twice a year to far away places and once in two months to nearby ones. We exercise regularly in the condo gym, pool to ensure our early 50s bodies can last till we reach our 80s. We are now training for a marathon.
Being debt free and having a good passive income is very important as it gives us peace of mind. We also do charity work to keep our mind and soul nourished. |