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Old 28-11-2014, 01:41 PM
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Originally Posted by Fin View Post
Sounds cool... What if there is another scenario:

We sell the shoebox condo in 5 to 6 years time & re-invest in a much higher property.. say approx. 900k.

Bearing in mind our current age & the reduction in CPF contribution comes 55 years. What would our financial health status be like?
Not a good idea. The more expensive the condo the higher the risk. Focus on clearing the mortgage. Once you own the shoebox without any loan, you can sleep in peace even if you both lost your jobs.

What are you both working as? Which sectors? How secure are your jobs?
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