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  #8136 (permalink)  
Old 11-07-2015, 06:10 PM
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Originally Posted by Unregistered View Post
You are doing well. Let's say you are now 40 years old. By 60, you would have saved $700k. Invest this in a 5% dividend yield portfolio to get $35k pa in dividends. If you have two kids and they each give you $500 pm, you will get an extra $12k pa. your total passive income will be $47k pa or $3.9k pm. When you reach 65, your cpf life will give you $3600 pm or $43.2k pa and your passive income will be $90.2k pa.
Thanks for the advise.
We feel more comfortable now.
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