Here comes that joker again with his HDB flat.

Let's face facts: If you're retiring and you still own 1 HDB flat, then at most you will get by, it won't be a comfortable or luxurious retirement.

We already own 2 properties currently, bought before ABSD was implemented. Currently holding some spare cash and looking to pick up a third one once ABSD is relaxed. Retirement will be in about 20 years if retirement age doesn't increase again. By then we will retire happily in our fully paid condo while the other 2 properties generate rental income.

Together with our investments and CPF Life, we should be getting 20-25k combined passive income monthly. Hope that is sufficient for a comfortable retirement in 20 years time as inflation will be eating away at our value.

Retirement overseas in a third world country? Ha.....