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Singaporeans asked how much they need to retire in S'pore
sgbuffett

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#1

07-06-2024, 06:47 PM
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Lukongsimi

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#2

07-06-2024, 07:32 PM
Say how much is enough is easier than to earn for it.
 Answer not a fool according to his folly, lest you also be like him" (Proverbs 26:4)
(This post was last modified: 07-06-2024, 07:33 PM by Lukongsimi.)
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surfer

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#3

07-06-2024, 07:35 PM
How much will depends on their expectations and standard of living.
tomorrow will be a better day
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moonrab

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#4

07-06-2024, 07:37 PM
Aiya the answer is obvious. 
1 Hdb flat fully paid
2 CPF RA $405000 at age 65. Monthly payout will be $2150
3 Cash saving $500000
Easy-peasy la...🤣
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Lukongsimi

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#5

07-06-2024, 08:02 PM
(07-06-2024, 07:37 PM)moonrab Wrote:  Aiya the answer is obvious. 
1 Hdb flat fully paid
2 CPF RA $405000 at age 65. Monthly payout will be $2150
3 Cash saving $500000
Easy-peasy la...🤣

As long don’t go n feed little 3 should be enough if spend wisely.
 Answer not a fool according to his folly, lest you also be like him" (Proverbs 26:4)
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klat

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#6

07-06-2024, 08:09 PM
(07-06-2024, 08:02 PM)Lukongsimi Wrote:  As long don’t go n feed little 3 should be enough if spend wisely.



Aiyah, it depends on how long you going to live. If one dies young, not need much, maybe $50K if die in 2 years after retirement. If die in 20 years after retirement, then need $1.5M


Rotfl
8Umbrella Umbrella
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Lukongsimi

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#7

07-06-2024, 08:11 PM
(07-06-2024, 08:09 PM)klat Wrote:  Aiyah, it depends on how long you going to live. If one dies young, not need much, maybe $50K if die in 2 years after retirement. If die in 20 years after retirement, then need $1.5M


Rotfl

Who knows when is the time to die?
Most will think can live up to 80 plus or 100
 Answer not a fool according to his folly, lest you also be like him" (Proverbs 26:4)
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Huliwang

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#8

07-06-2024, 08:25 PM
20k CPF OA plus some long term investments should be enough according to a stock guru.       Big Grin
 Thinking is difficult, that's why most people judge
                    Carl Jung
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