Originally Posted by Unregistered

Late 40's married couple, makes $190k pa combined. Owns a 3 bedroom condo, still have mortgage loan to service. Net worth, about $2.4m, most of it in condo.

Upon retirement, we will sell the condo and buy a small one bedroom condo in the Jurong Lake District. We like the lake area, where there is fresh air for us to enjoy when we do jogging.

We will invest the cash balance in blue chip stocks to give us 5% pa of dividends. So we will retire with the dividends and the payout from our CPF Life.