I would not put myself in debt or downgrade my lifestyle to fund my child's education. I have plenty of money in my CPF, they can use 30-40k on their LOCAL uni education. If they can't make it in, SORRY you didn't work hard for yourself. What's the chance they will work hard if I send them overseas? I might end up spending 100k per year and they come back after 4 years with a worthless pass degree. I rather they go SIM.

When I retire, I expect to continue living my life as per normal. Having to downgrade from condo to HDB or selling off my car is hardly called retirement. In fact I should even be able to switch to a brand new car cos my kids will be providing me some extra allowance every month.