Originally Posted by Unregistered

You both are high achievers. Among the top 5% in Singapore because you own a condo, a car and have a high net worth of $2m. You can retire now if you sell your condo and downgrade to a 4 room HDB flat. You will have lots of cash to invest in blue chip stocks and earn dividends. If you buy a flat for $350k, you will have $1m to invest. You will earn $50k pa in dividends. If you don't own a car, this is enough if you live frugally. If you want a better retirement, you need to work another 10 years.