If you are in your fifties and has accumulated $4m in net worth combined with your spouse and no more responsibilities, then your should retire. There are more and more people who died young.
Quote:
Originally Posted by Unregistered
10 years ago, when me and the missus did our sums, our number was 3m.
in 2010, number was revised to 5m.
now it's 8.
numbers based on including primary residence with no upgrades to lifestyle.
australia is expensive. might as well stay here, costs more or less level out once primary residence and cars are paid for. key diff is what your primary residence and cars will look like.
IMHO, if you can afford to retire comfortably in sg, you can afford retire in most places. |