02-01-2014, 05:04 PM
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Quote:
Originally Posted by Unregistered
45, 43, year old married couple with teenage children. Annual income in total $148k pa. Home is a new condo, fully paid up. We own a conti car, fully paid up. Cash and CPF savings $1.5m. We hope to save $30k per year for the next 25 years, hence our total savings will reach about $2.25m when we reach 65. By then our total net worth should be about $4m, including the condo. When we retire, we will sell our condo and buy a cheap one bedder condo. We will retire with the rest of our savings, maybe by buying annuities.
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hahahah another tua kang!
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