Lucky that we bought our condo ten years ago. In line with our good economic growth and prudent policies, our condo asset appreciated in value gradually. We are happy that there are many cooling measures or else we will have a bubble and when it burst, prices will collapse. Now we are debt free.

We are in our mid forties and earning a total income of $200k pa and we save $50k pa. We plan to retire at 55. Our savings will increase by another $500k and we can collect our CPF OA since our CPF SA has reached the min sum. At 65, we will be able to get our CPF Life.