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Old 20-07-2015, 08:19 PM
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Originally Posted by Unregistered View Post
When are you going to retire?
This year?
In 20 years?
In 30 years?
Definitely you can retire comfortably with 4500 pm this year.
If 20 years from now, purchasing power may be 2500 present money.
HDB 5 rooms will be 1.5m.
Property market will be in a downtrend for many years. HDB resale flat prices could be lower than today's price in 20 years time. We are in a deflation environment. With massive oversupply and no demand and not many new FTs coming, property market will surely go down unless there is a reverse in policy, more immigration, more FTs coming.
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