How much do you need for retirement assuming you have paid up your HDB flat, has no debt and has no dependents?

For a retired couple, will need

Food, groceries, utilities, etc $800 pm
Public transport $100 pm
Medical and insurance $600 pm
Entertainment and holidays $200 pm
Misc $300 pm
Total $2000 pm

So if can generate $2000 pm in passive income, can retire.

How to get $2000 pm? CPF Life $1800 x 2 = $3600 pm

Savings $1600 pm (to take care of future inflation)

Do you need so much money to retire? No. You just need to have a paid up HDB flat and CPF Life. When you retire, you don't need a car, you don't need a maid and you don't eat at restaurants every day.

You definitely don't need $6m to retire. That's an extremely stupid idea. 99% of Singaporeans if they work until they die will still not be able to have $6m. LOL.