Imagine a retirement at 55

 Imagine retirement at 55

Home paid up by then

Money set aside for CPF life ERS

Money set aside for kids college 

Investments generating cashflow of $7k per month

How much do I need for expenses ? Perhaps $3k?

This means I have an extra $4k per month to either save or invest!!

And this is excluding aunty.

I reckon she will have less cashflow but overall we could in aggregate have $3k extra per month. And we don’t even need to save it since we aren’t even drawing down our savings or investments. So every 2-3 months, we have $6-9k to go holiday in Japan!!

Isn’t that a sibei shiok life?