How much are you earning per annum?

Originally Posted by Unregistered

yea we comprehend that you're ugly and single, no need to be ashamed everyone is different

stop replying to urself clown.

I am a billionaire. No need to work to earn money and dont need to spend money for everything.


There is no need for retirement plan when never need to work at at all.

Originally Posted by Unregistered

I am a billionaire. No need to work to earn money and dont need to spend money for everything.


There is no need for retirement plan when never need to work at at all.

There is no need for brain cells when never need to think at at all.

Originally Posted by Unregistered View Post
We are both 53 yo, planning to retire at 55.
When we reach 55, we will get our CPF ($200k). We will also put money in CPF Life Enhanced Retirement Sum. We also have other sources of passive income. In total our passive income $70k pa from 65 yo onwards.

To fund our retirement from 55 yo to 65 yo, we need cash. We can sell our condo for $1.1 mil and buy a 4 room HDB flat ($500k), which will give us a net cash of $600k. Our CPF $200k. So we have cash $800k. We will need about $400k for the ten years ($40k pa).

Looking forward to retiring at 55. There is no need to work until 65 to 70 yo. Some people die in their 50s and 60s. There’s no guarantee we won’t be one of them. Work so hard and never get to enjoy retirement. So sad.

When we die we will leave behind for our children our HDB flat, cash, stocks and life insurance payout.

Middle class couple, 54, 52
Children in universities
Household income $12k pm
4 room flat paid up
Small car paid up
No debt
Combined household net worth $1 mil

Will retire when we reach 65 (we will start receiving our CPF Life)
Our projected retirement combined passive income from various sources about $5k pm ($60k pa)
Our retirement expenses estimate $4k pm ($48k pa) (food, utilities, insurance, holidays, donations, etc)
Plans to have no car in retirement (don’t need, save money and save the environment)
Will cook our own meals

Originally Posted by Unregistered

Middle class couple, 54, 52
Children in universities
Household income $12k pm
4 room flat paid up
Small car paid up
No debt
Combined household net worth $1 mil

Will retire when we reach 65 (we will start receiving our CPF Life)
Our projected retirement combined passive income from various sources about $5k pm ($60k pa)
Our retirement expenses estimate $4k pm ($48k pa) (food, utilities, insurance, holidays, donations, etc)
Plans to have no car in retirement (don’t need, save money and save the environment)
Will cook our own meals

Wow you will cook your own meals?

Damn! Amazing, world star record! Much respect! Not everyone can cook their own meals, it takes a lot of effort, dedication and high IQ to do so.



Fking retard, stfu

Stay hungry! There's a will; there is a way. Getting 20k mth as a financial consultant, I wasn't good in school, but the real working world is different. I now earn more than most local uni graduates.

Originally Posted by Unregistered

Stay hungry! There's a will; there is a way. Getting 20k mth as a financial consultant, I wasn't good in school, but the real working world is different. I now earn more than most local uni graduates.

How much koyok you sell to ur ns mates during reservist?

Originally Posted by Unregistered

Middle class couple, 54, 52
Children in universities
Household income $12k pm
4 room flat paid up
Small car paid up
No debt
Combined household net worth $1 mil

Will retire when we reach 65 (we will start receiving our CPF Life)
Our projected retirement combined passive income from various sources about $5k pm ($60k pa)
Our retirement expenses estimate $4k pm ($48k pa) (food, utilities, insurance, holidays, donations, etc)
Plans to have no car in retirement (don’t need, save money and save the environment)
Will cook our own meals

Millionaire couple. You have achieved the Singapore dream.
Big achievement.

Aiming for 10k kwd per month