50 & 48 with 2 kids
Cash/FD 300k
CPF 1m
Condo 2m
Shares 700k
Bonds 300k
Liabilities 0k

Net worth 4.3m
Net worth excluding property 2.3m

I'm 50 and happily retired. I worked very hard in a highly stressed and high paced environment. Made very good money though. I invested my huge bonuses and made millions from my investments. Now can retire.

My advice to youngsters is to work in a sector which pays very high, even though it's a high stressed environment. But must plan your exit early before you collapse. I manage to exit at the right time. Now a lot more healthier and happier.

Don't worry.

For those retrenched ex-PMETs out there, such as ex-engineers, do not be sad. Instead of worrying so much, you can just retire assuming you no longer have any dependents at age 55.

Good retirement plan in KL or Penang for a 55 years old retired couple.

Passive income
Rent out fully paid HDB flat S$2.5k pm or RM7.5k pm
(Note: let's hope our Singapore property market will not crash and there is enough FTs working here, or else our HDB rents will also crash and this will cause our old retirees to suffer as they will not be able to get good rents)

KL or Penang cost of living
Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM500 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1.5k pm
Misc RM1k pm
Total spending RM4.5k pm
Savings RM3k pm

This retirement plan allows you to live in a condo and drive a car.

Your key retirement asset: HDB flat (we are very fortunate since we all get to buy cheap BTO HDB flats when we got married)

You can retire now.

1. Sell your $2m condo and buy a $1m condo. There are many 3 bedroom condos selling for less than $1m. Use your CPF to pay half for the $1m condo, with the rest in cash.

2. You have $2.8m to invest in high dividend 5% yield stocks. This will provide $140k pa in dividends.

3. $140k pa would be enough for a family of 4, provided you don't travel first class every time you go for holidays, you don't buy $300k cars, etc.

4. Live a happier life. You deserve it.

Bro, capital loss on stocks got consider bo? Dividend got use?

yo all 28m single, 100k cash no investment cpf 64k

no credit cards or outstanding liabilities

what can anyone advice me

Gimme
 

My advice is to put that 100k cash to work

In this volatile market of ours, , cash is king.

At least buy those savings plans that are capital guaranteed and can get about 3% or slightly lesser returns pa.

25 yo fresh grad just started working
10k stocks
25k cash
Salary 3.4k pm
No debts
Liabilities 800 rental as I am not able to stay w my family due to circumstances

Would like to seek advice. Many thanks