How much are you earning per annum?

Originally Posted by Unregistered

What’s considered not bad? 9-10K?

It depends on your definition of "not bad" and as long as you work hard, you deserve to take a break and enjoy your life with your cpf retirement funds.

Life is short, you should enjoy it.

Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.

Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.

We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.

Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire.

Originally Posted by Unregistered

Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.

Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.

We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.

Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire.

Time to sell the Condo and buy another house,

Singapore property market is now at record high.

Good thing HDB is not a "property"

lmfao sibei jialat

Originally Posted by Unregistered

It depends on your definition of "not bad" and as long as you work hard, you deserve to take a break and enjoy your life with your cpf retirement funds.

Life is short, you should enjoy it.

To me 15k /mth is average. Anything below is considered lazy/ stupid people.

Originally Posted by Unregistered

To me 15k /mth is average. Anything below is considered lazy/ stupid people.

I think more like S$10k/mth is average. Median income only S$4k plus isn't it?

Originally Posted by Unregistered

Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.

Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.

We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.

Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire.

You are absolutely right. SG private and HDB markets have peaked. Too high. Should go down over the next few years. Good time to cash out.

Originally Posted by Unregistered

Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.

Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.

We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.

Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire.

So true, you are very wise.

Respect.

Originally Posted by Unregistered

Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.

Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.

We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.

Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire.

Downgrading from private property to HDB property is an early retirement strategy. I know of people doing that as they are able to profit a lot. For instance selling a landed property for $3 million and then buy a HDB flat for $500k. They will profit $2.5 mil which they can use to enjoy life traveling first class and staying in 5 star hotels. Smart people.

Originally Posted by Unregistered

Middle income family, $193k pa combined. Mid 50s. Children in universities. 3 BR condo fully paid.

Hopefully can retire in 3 years time if we sell our condo and move to a 5 room HDB flat. By then our children should start working and help with household expenses.

We have worked so hard for so many years. Getting tired, need to rest and enjoy life. We have sacrificed so much for our children. Need to reduce stress and take care of our health.

Our best investment is our condo. We bought cheap and now can sell high and get lots of cash for retirement. Singapore property market is now at record high so good time to sell and retire.

Very smart and intelligent decision.

For example you can sell your condo or even keep it and earn rent money upwards 10k a month. If you sell you will get lots of capital and you can enjoy life with family as a millionaire.

Sell condo for 3 million, buy a landed house in Thailand for 100k, that is a 2.9m profit, well done.

Originally Posted by Unregistered

I think more like S$10k/mth is average. Median income only S$4k plus isn't it?

For c10 at citi?