Middle income couple, 47 / 48, 200k pa total. Lives in a high end condo, valued at 2m, paid up. Cash, CPF, stocks, car, 500k. Couple net worth combined, 2.5m.

Retirement plan: At 65, we will sell our condo and downgrade to a small studio condo. We will then invest the balance cash in various high yielding investments such as high quality blue chips. We will also get some payout from our CPF Life monthly payout. In total, this should give up enough passive income for our retirement.