Don't be stupid. He can get $800k cash when he moves to a
hdb flat. What's wrong with retiring in a
hdb flat? 83% of Singaporeans now live in
hdb flats. Don't be arrogant. Just because you live in a condo, you look down on people living in
hdb flats. Don't be snobbish and arrogant please. Have you forgotten that you lived in a
hdb flat before?
Quote:
Originally Posted by Unregistered
How much you expect to earn when you retire in 10 years time?
How much will your saving then?
How much income (or passive income be more accurate) you can derive from your nest eggs?
How much do you intend to spend after retirement?
Do you intend to down grade your living standard to what is somehow equivalent to 2k a month? Without car? Without oversea holidays? Every meal home cooked?
Not to forget you will not getting your CPF Life at age 55.
Don't give stupid advice if you are not competent.
Consult your financial planner for a plan to work for you.
To get into Greece type of financial crisis at age 55 is really not a joke.....
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