2016 has been a good year. I managed to spend a lot of time with my family. I also gave my time to volunteer at welfare organisations. My family is a lot happier now. We feel very blessed and fortunate. Our finances and investments are also doing well and on target towards our retirement in ten years time at 58.

We have paid down a significant amount of our condo mortgage. We could clear off our mortgage if we wanted to but didn't. Why should we when our mortgage interest rate is still less than what our CPF Ordinary Account is giving us? If our mortgage interest rate rises above 2.5%, we will then just pay off our mortgage totally. Anyway our mortgage is only about $170k plus left, whereas our condo should be worth at least $1m.

We hope 2017 will be as good as 2016 or better. Wishing the world to be a peaceful and prosperous world in 2017.

Have a good 2017 everyone!