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Old 03-04-2016, 05:47 PM
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Originally Posted by Unregistered View Post
Middle income, 47 & 45, $190k pa in total.
We are savvy property investors. Bought our condos at the right time.
Home is a 3 bedroom condo, paid up.
Investment condo (high quality, high demand for rental, investment grade), paid up.
Car paid up.

We plan to retire in ten years time, at 57 & 55. Our passive income from investment condo rental and annuities will be more than our projected expenses as a retired couple. When we reach 65, our CPF Life starts paying us.

When we retire, our children (we are blessed with smart children) will likely be working and expected to earn good salaries. Once they got married, they will be staying with their spouses in their own BTO flats. Our children and future grandchildren can visit us over the weekends to enjoy our condo's facilities.

We are looking forward to a good retirement.
Congrats. Hard to replicate this for the next generation. Any property bought 20 years ago will make a lot of money. Nowadays with all the cooling measures, hard to make as much money they property investment. Enjoy ur retirement!
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