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12-04-2021, 10:52 AM
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Super Member
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Join Date: Aug 2010
Posts: 335
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Retirement Amount - SCMP Artcile
Hi,
Just wondering how many of us will agree with this retirement projection for Singapore ?
S$4m . But with this forum - i think everyone will say this is low ! ha ha
https://www.scmp.com/business/articl...ly-london-data
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12-04-2021, 07:34 PM
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Quote:
Originally Posted by lazyplane
Hi,
Just wondering how many of us will agree with this retirement projection for Singapore ?
S$4m . But with this forum - i think everyone will say this is low ! ha ha
[s://.scmp.com/business/article/3128400/financial-freedom-costs-us4-million-hong-kong-second-only-london-data[/
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It is unattainable. Even with your fancy VP title, it is almost impossible to accumulate those amount unless you earn at least 20k pm or you are lucky with your investment.
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13-04-2021, 10:24 PM
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You dont need two cars and a fancy house to retire. You need to determine what you wanna do when you retire. Fat FIRE, Coasting FIRE, or lean FIRE. I think 2 million in investments will be enough to retire
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17-04-2021, 12:00 AM
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is that for a couple or a individual
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19-04-2021, 09:14 AM
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Super Member
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Join Date: Aug 2010
Posts: 335
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Quote:
Originally Posted by Unregistered
is that for a couple or a individual
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Most likely couple cos they mentioned 2 cars.
I was thinking everyone in the forum will say this is so easy to achieve !
HA HA
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