Do you think you (and your family) will find it affordable to retire in Singapore? (Asking those between 20s-50s). For those already in 60s, do you find it affordable to retire in Singapore and why?

• I think is ok.
• I just need 3 meal a day + shelter over my head, other fancy stuff are bonus.
• Singapore is expensive for people chasing convenience and luxury.
• For someone content with simplicity, financial discipline, and security, retiring in Singapore is affordable and sustainable.

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• Once children are financially independent and parents are no longer dependents, expenses fall sharply.
• With housing fully paid and no debt, the biggest cost of living is already eliminated.

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• How to finance retirement: dividend, cpf, rental, last resort sell stocks

It is tough to retire affordably in SG, but it can be done if you live frugally. The key is to downgrade and manage your spending. And you need to start saving and investing when you are young, like 25 years old.