How much are you earning per annum?

Originally Posted by Unregistered

U dunno 1 lar. U diam diam.

Ahahah face reality kid, your friends are better than you so they earn more but keep coping.

Originally Posted by Unregistered

We are an early 50s professional couple. We plan to retire at 55 after downgrading from our condominium unit to a four-room HDB flat. We should get a net $500k after the transactions. We will collect CPF of $200k. So we will have $700k to utilise for our spending from 55 to 65. At 65 onwards until we die, we will receive $5000 pm or $60k pa. Our spending will be about $3.5k pm or $42k pa.

Excellent retirement plan! Downgrading from an expensive home to a cheaper home is a good way to monetise your property. We are asset rich but cash poor. So by downgrading we can get cash. Those living in big HDB flats can downgrade to a small flat when they retire. Enjoy your well deserved retirement! Congratulations!

Originally Posted by Unregistered

Uol fch, working at local bank drawing 4.2k per month, looking for other opportunities as the pay sux.

definitely look for better opps,

4.2k damn low sia, maybe stay 1-2 year for the experience then hop and try 5-6k, confirm can unless u fk up interview damn hard

Originally Posted by Unregistered

Mid 50s, retired couple.
Sold our landed property. Made good profit. Bought a condo as our retirement home.
Debt free.
Use our cash and CPF to spend for our early retirement.
Our CPF Life will give us $4k plus per month at 65.

Wise move. For retirees better to live in condo. No need to climb stairs. Also condo got gym, swimming pool and security. Big landed property expensive and troublesome to maintain. Good to sell and get cash profits. No need to keep working until 70 year old. Lol

Originally Posted by Unregistered

Mid 50s, retired couple.
Sold our landed property. Made good profit. Bought a condo as our retirement home.
Debt free.
Use our cash and CPF to spend for our early retirement.
Our CPF Life will give us $4k plus per month at 65.

So basically you couldn't afford and had to downgrade.

Damn, sucks to be you.

Originally Posted by Unregistered

Mid 50s, retired couple.
Sold our landed property. Made good profit. Bought a condo as our retirement home.
Debt free.
Use our cash and CPF to spend for our early retirement.
Our CPF Life will give us $4k plus per month at 65.

4k month at 65? wa shag, 4k between u and ur wife like sibei rough leh

Downgrading from a bigger more expensive home to a smaller cheaper home is a retirement strategy that many people do. Friends and relatives did this.

People who live in bungalows will sell and downgrade to a penthouse condo. For instance they sell their bungalow for $20 mil and buy a penthouse for $10 mil. They can spend $10 mil for their retirement until they die.

For the average folks, they sell their 5 room HDB flat for $1 mil and buy a 3 room HDB flat for $300k. They have $700k to spend.

At the end of the day we will all die. All our wealth will be given to our children and they can retire early and enjoy life.

Originally Posted by Unregistered

Downgrading from a bigger more expensive home to a smaller cheaper home is a retirement strategy that many people do. Friends and relatives did this.

People who live in bungalows will sell and downgrade to a penthouse condo. For instance they sell their bungalow for $20 mil and buy a penthouse for $10 mil. They can spend $10 mil for their retirement until they die.

For the average folks, they sell their 5 room HDB flat for $1 mil and buy a 3 room HDB flat for $300k. They have $700k to spend.

At the end of the day we will all die. All our wealth will be given to our children and they can retire early and enjoy life.

My children should farm their own keep. Not leaving anything for them. Money should be spent on myself. lambo, bungalow and women.

Originally Posted by Unregistered

My children should farm their own keep. Not leaving anything for them. Money should be spent on myself. lambo, bungalow and women.

hell yeah, Singaporeans are pragmatic. Women want $, and we want their bodies. Keeping it transactional.

Originally Posted by Unregistered

hell yeah, Singaporeans are pragmatic. Women want $, and we want their bodies. Keeping it transactional.

Singapore women quite stuck up one, too many simps and betas. Better to invest in Malaysians and foreigners, better ROI. They have better features and body.