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Old 09-11-2014, 10:41 AM
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Originally Posted by Unregistered View Post
56 & 55 year old retired couple.
Sold our landed property and bought a condo.
Passive income, $100k pa from investment portfolio (dividends).
Household expenses, $60k pa (just two of us as children working overseas).
Debt free.
Congratz! You have achieved financial freedom at such a young age. Many of us here at your age are still running the stupid rat race, having to wake up early in the morning to report to some younger smart alec boss. I think you must feel great without anyone to report to.

I have a few more years to retire. I think I will also need to downgrade to enable me and my wife to cash out. We are planning to sell our current condo and move to a smaller one after our kids got married and move to their BTO. I will then have about $2m cash to invest in stocks to provide us with $90k pa dividends. This is more than enough for us.
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