It is only natural that those who succeed like to boast and brag about their success whether it is due to hard work or pure luck.

The typical 40 year old guy lives in a 4 room HDB BTO flat which he got cheap and still living in it. He earns an income of $4k pm, married and has two kids studying in a neighbourhood school. This is the middle class, neither poor nor rich. Live a contented life generally.

When he retires, he will rent out two of his rooms and get money from CPF Life. Rent $2000 pm (each room $1000), CPF Life $3000 pm ($1500 each for the retired couple), children $1000 pm ($500 from each kid). So passive income is $6000 pm.

As long as they don't have a maid, don't own a car, don't smoke, don't drink, don't party, don't gamble and the husband don't womanize, they should be able to retire well.