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Old 22-03-2017, 02:28 PM
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Originally Posted by Unregistered View Post
middle income couple, 50 & 51.
total income in 2016, $187k combined.
condo is worth $950k, paid up.
we save $35k pa.
total net worth $1.7m (condo, cash, cpf and stocks).
retiring in 5 years time at 56.
Both of you are a successful power couple because you own a fully paid condo at a young age of 50. Your combined net worth of $1.7m is well above average. You can easily afford to retire in 5 years time.
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