EDMW Retirement Thread

[Multiversal]

With combination of ur cash savings, and follow by ur cpf payouuts, then including passive income, if any

technically can tong with cash savings alone from 55 till 65, then draw from FRS, if really want to retire

but from then on, have to live within a budget of ard $2k from 55 till 65, then from 65 collect FRS monthly payout of ard $1.7k

but at least a basic safety net is established

People have milestones like finish O level, A level or poly,. For men, we sacrifice our best years and do NS, which is another milestone

Next is university. If not, go and work.

Aim for promotion. If you start as waiter, surely you hope to become restaurant manager one day? That's a milestone.

Get married. That's a mile mountain not a milestone because marrying a Singapore woman is very expensive.

Next is slog 25 years to bring up children. It's a milestone and you heave a sign of relief after slogging.

Now finally, you look at the next milestone. Retirement.

The last ten years of our life, in sickness and pain. Some people wish they could die to end it all. Bedridden or wheelchair bound. Either wear diapers or have urine bag. Some are not aware of their suffering even though they are suffering because... dementia.

The final destination is death.

 

[o0KelviN0o]

Retire when I can make $500k cash-in-hand per property

Huat ahh!!!

 

[Hello_Kitty]

With combination of ur cash savings, and follow by ur cpf payouuts, then including passive income, if any

technically can tong with cash savings alone from 55 till 65, then draw from FRS, if really want to retire

but from then on, have to live within a budget of ard $2k from 55 till 65, then from 65 collect FRS monthly payout of ard $1.7k

but at least a basic safety net is established

SG cost of living too high, i need to work till i die

 

[iPod Jack]

Haw many kids you have?

2 goldfish & 1 parrot

 

[Multiversal]

Not yet

Planning to retire in 3 years once my dividend portfolio hits my target investment size hahah

Once a gambler always a gambler.

Are you sure you can quit when or IF your "dividend portfolio" reaches the target?

The big danger is losing all your savings and "dividend portfolio" in your bets. Not a few people have lost...

 

[coyote]

2 goldfish & 1 parrot

Oh no. Sorry to hear. Can retire for sure but...

 

[MoeLanYong]

For me, the hardest is 55 - 65. This is where employers shun us. Find ways to remove us.

Yet our kids are in their tertiary education and need more money.

After 65, I am home free. CPF Life will pay out.

 

[Lss]

Cannot retire work until die.

40s then reach BRS.

 

[cyke69sg]

Not yet

Planning to retire in 3 years once my dividend portfolio hits my target investment size hahah

My dividend portfolio hit my target already.

I semi retired. Thinking maybe do some work for another 6 years till my youngest is older. Can grow my monthly dividends more.

 

[carey]

My dividend portfolio hit my target already.

I semi retired. Thinking maybe do some work for another 6 years till my youngest is older. Can grow my monthly dividends more.

Like I said, I started to switch over late hahah

So now got to catch up and beef up my dividend portfolio

 

[cyke69sg]

Like I said, I started to switch over late hahah

So now got to catch up and beef up my dividend portfolio

I need to beef up my growth portfolio. But my growth portfolio is for my estate.

 

[carey]

I need to beef up my growth portfolio. But my growth portfolio is for my estate.

Different strokes for different folks hahah

 

[cyke69sg]

Different strokes for different folks hahah

Yeah.
I help my kids set up their investment accounts. Got both growth and income ports
20 years time they should be able to retire on their own.

 

[iPod Jack]

seriously another retire thread
hiaz


and how is 2k per mth and FRS1.7k per mth is safety net sio??

Out of 41,000 active CPF members who turned 55 in 2025, 73.4% (about 30,094 individuals) met either the Full Retirement Sum (FRS) or the Basic Retirement Sum (BRS) while owning a property

Take out property from the equation and the figure may even fall to <50%

so not alot even getting $1.7k from frs

but congrats if u r the outlier with >$1m+ portfolio

 

[Medicated Oil]

I think I will collapse and die on the job.
The rate of the grease hunger at the top.
The next GST increase should be near.

 

[cyke69sg]

I think I will collapse and die on the job.
The rate of the grease hunger at the top.
The next GST increase should be near.

Didn't realize you were so poor. Feel sorry for you.

 

[ask_yip]

current plan is 60

might need to extend if inflation ish too high

 

[NoSouL]

depends on your situation and needs.

1) married? wife with job?
2) kids?
3) elderly to support?
4) house fully paid or still on loan?
5) need to own a car?
6) what kind of lifestyle? can downgrade?
7) passive income? (investment, collect rent)
8) medical condition?

I have compared mine with my closed friends, very big difference because our situation and needs are different.

no kid to support, partner has own income, no elderly to support, house fully paid, no need car, simple lifestyle, some passive income, no medical condition.

sibei relax.

 

[firestyle]

My role model hahah

I started my dividend portfolio quite late as I was chasing "growth" previously

Only really started focusing on dividends in the last 3 years or so

One strategy is to build up your portfolio amount via growth investing.

When the portfolio amount has become more substantial, divest to invest in dividend.

Dividend investing will constrain the total portfolio potential... especially when it needs a good amount of capital for noticeable returns.

 

[MoeLanYong]

Out of 41,000 active CPF members who turned 55 in 2025, 73.4% (about 30,094 individuals) met either the Full Retirement Sum (FRS) or the Basic Retirement Sum (BRS) while owning a property

Take out property from the equation and the figure may even fall to <50%

so not alot even getting $1.7k from frs

but congrats if u r the outlier with >$1m+ portfolio

CPF Board should further distinguish between
1. those that met FRS
vs
2. those that chose BRS with a property pledged.

How many percent and what numbers. Then the data is more meaningful. I have a philosophy in life. Never be the last. Because if you are running last position, the bear will eat you. Hope not to be insensitive, if everyone is getting $1.7k per month, we should try to get more.