I'm a lurker in this forum until now. I agree that 4% is already very good. Use your spare cash to bet on stocks (i.e. use the money in bank, not in CPF SA).

In my late 40s.
OA: 315k
SA: 246k
MA: 62k
Co-own a 5 rm hdb flat and utilise some CPF funds for insurance investment in my youth.
Feeling a bit worried about retirement as I have not even hit a million in cash savings or own a second property.
Think my monthly expenses too high. Any advice?

I also don't have $1m cash savings!!!

How old are you? I feel very stress when ppl tell me I am going to be a beggar in old age. They say we need 3 million for retirement. To live in comfort.

Invest 50% of income monthly into s and p 500 or iwda until retirement. Any bonus lump sum invest in s and p 500 or iwda. This is to accumulate for retirement.

both me & wife are age 50 this year.

combined CPF OA+SA+MA about $1.2mil.
paid up OCR condo
in progress of another RCR condo, but plan to pay majority in cash

Hope to retire by 55.

in my early 50s

only have 20K in my ordinary account with 3 room flat fully paid

110k in special account which only can opt for basic retirement

you are pathetic .

many of them here can easily accumulate 1-2 million of total CPF saving

Don't be like that lah. Maybe he is self-employed or didn't work due to some reasons. We don't know their circumstances.

34 yr old.

going to reach FRS by end this year (186K) in OA+SA