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  #7835 (permalink)  
Old 10-06-2015, 11:24 AM
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Originally Posted by Unregistered View Post
Mid 40s professional mgr. Monthly $28k HH.
2 teenage kids
Condo fully paid $1.3M
New car with less than 1 yr loan $180k NPV
Cash+CPF+stock $1.2M

Can we retire at 50? We are ready to downgrade life style.
Yes you retire now. Just sell your condo and then buy a $400k four room hdb flat. You will have about $2m of investable funds. You can invest in 5% dividend yield basket of blue chips which gives you dividends of $100k pa. This is a lot for a family which is debt free.
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