55M, $120k in CPF (OA+SA), $40k cash/investments & mortgage with 10 years left

More realistic is to plan your main income work, allocate more to saving and short term safe investment.

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If you dont have emergency fund, please do save up for it now. Around 100 k SGD should be safe.

Cut down on unneccessary spendings - modesty is best. But of course not to the point where you start being frugal on every little thing. Imo, luxury items can be cut down (maybe just own 1-2 luxury watches), travel less (3x big trips a year becomes 1x big trip a year and perhaps 2 mini trips in SEA). Optimise by putting in more investment into CPF (Stashaway, Endowus), leverage on govt's higher payout for more take home funds being put into CPF.

The fastest way to feel in control is to shore up runway and reduce risk while you still have time: start by building a 12-18 month emergency buffer in cash/very safe instruments (given job uncertainty).

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Next tighten CPF strategy: at 55, aim to keep SA/RA growing and use OA mainly for housing only if it meaningfully reduces risk.

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In parallel, protect income (update resume, start interviewing, consider a lower-stress role/contracting before you’re forced), and do a quick retirement reality check:

• estimate your required monthly retirement spend and compare against CPF Life + any investments so you know the gap.
• prepare Plan A/Plan B to reach 65 comfortably.

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Helpful.