You are still young. Don't worry too much, just focus on clearing your landed mortgage. By the time you retire at 65, you would have cleared your mortgage. Your landed could be worth $4m by then. You can then sell and buy the
hdb studio apartment for the elderly (only $100k). You will have $4m cash to retire with.
Quote:
Originally Posted by Unregistered
34/36
combined income pa (including bonus) - 300k
savings 72k pa
NETT assets - sgd1mil
long haul holiday , once a year
owns 2 cars (may sell 1)
staying in landed
plans to retire at 55 , not sure how much we should save.. / invest
feel free to comment...
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