20K savings at age 45 is dicey. But there is always hope. As long as you are healthy and willing to work hard, you will survive. And you wont be alone working till 70, you will have many fellow elderly Singaporeans working alongside you. Even now, you can see many elderly people (over 60 yr olds) working.
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Originally Posted by Unregistered
I'm 45 and don't have much savings. My cash savings is $20k only and my CPF is only $140k. Am I doing ok? I earn only $50k pa.
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