How much are you earning per annum?

Originally Posted by Unregistered

I’ve not read such things in the newspaper. Why not you ask your reporter friend to write this story? The daily jam at Causeway means many Sporeans commuting. If custom really want to stop there will be no more jam. You don’t anyhow scare people who want to retire early.

U can read the personal accounts of people who were denied entry in Living in JB the forum. Just google search. It is in page 3.

I am not anyhow scaring people. I also want to retire early.

But the accounts were 2018 to 2020. Maybe nowadays no more.

220k pa basic, annual package around 260-270k, turning 37. Hope I can live through this period of tech layoffs..

52, 54 couple.
Hope to retire at 55.
Can downgrade from 5 room to 3 room flat.
Now HDB prices very high. Can cash out and make big profits.
Total cash savings + CPF collect at 55 + cash from downgrade maybe $700k.
Enough for retirement expenses from 55 to 65.
65 onwards will get CPF Life $5k pm.

Originally Posted by Unregistered

52, 54 couple.
Hope to retire at 55.
Can downgrade from 5 room to 3 room flat.
Now HDB prices very high. Can cash out and make big profits.
Total cash savings + CPF collect at 55 + cash from downgrade maybe $700k.
Enough for retirement expenses from 55 to 65.
65 onwards will get CPF Life $5k pm.

How much to be in cpf to getcpflife payout of S$5k a mth?

Originally Posted by Unregistered

How much to be in cpf to getcpflife payout of S$5k a mth?

$309k at 55 will give $2.5k pm at 65

So combined $309 x 2 = $618k to get $5k pm combined

Originally Posted by Unregistered

$309k at 55 will give $2.5k pm at 65

So combined $309 x 2 = $618k to get $5k pm combined

I think a retiree needs $1.5k pm for basic expenses.

$2.5k pm is comfortable for a good retirement.

What’s the pay range for a c10 tech role in Citibank?

Originally Posted by Unregistered

What’s the pay range for a c10 tech role in Citibank?

Not bad, you can live off your cpf retirement funds and relax. You've worked hard, good job.

Originally Posted by Unregistered

Not bad, you can live off your cpf retirement funds and relax. You've worked hard, good job.

What’s considered not bad? 9-10K?