SG born couple late 40s
Household income filed last year $176k
Paid up condo $1.1m
Paid up car
Two kids
Net worth 1.35m
Hope to retire by 55
Need to slow down pace of life
Will sell condo for $1.1m and buy a studio condo costing $600k
Use balance $500k for our retirement expenses from 55 to 65 ($50k pa)
From 65 onwards, will get
CPF Life $3800 pm