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Old 31-10-2014, 06:56 AM
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Originally Posted by Unregistered View Post
You can definitely retire now. Your passive income of $280k is a lot. As you get older and your kids move out and your parents pass on, you will have less financial responsibilities. A couple can easily retire with a passive income of $100k pa provided they are debt free and do not have luxuries such as a car and a maid. Food, utilities, condo maintenance, medical, insurance, etc will be $5k pa the most. The rest of passive income can be spent on holidays and entertainment.

Can you share how do you accumulate so much at such a young age?
Never believe everything you read here.

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