Average power couple. Husband and wife, 50 and 51 years old. Three children.
Home: 4 bedroom OCR condo. Worth $1.6m, paid up.
2 Cars (conti): paid up.
Total salary (both combined): $400k pa.
Passive income: $130k pa (incl
CPF interest)
2nd property : $1.2m, loan :$500k
Cash savings & FDs: $500k.
CPF (OA + SA + MA): $1.4m
Stocks: $1m
Total net worth: $5.2m.
Passive income: $55k from stocks dividends + $42k from
CPF + $33k from rental = $130k
Gotta work till 55 to withdraw
CPF yearly interest for spending.