Quote:
Originally Posted by Unregistered
Well done. When both of you retire at ages 51 and 49, your son will be 15. What are your sources of passive income? How do you plan to get the passive income and how much? What's your retirement plan like?
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we can save more than 200k a year including the investment returns, so in 10 years the saving should reach 3.5m. Should be sufficient to support child education and our retirement expenses even with a conservative investment approach (<5%)
the risk is can we maintain the income for another 10 years. at the moment husband industry is not doing well in singapore but wife still has upside potential. so probably the risk can be balanced out