Ace

15 Jul 2022

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Monthly Retirement Cost - how much will you fund by CPF, how much by cash/investment/others?

Just wondering how the Seedly community will fund their retirement e.g. say we stopped working on our full-time/permanent job by say 65. Assuming we reach FRS.

How much of monthly retirement allowance do you plan to be funded by CPF and how much by cash/investments/passive income (e.g. rental)?

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Alfred. S

23 Jul 2022

Hi Sharon,

Personally I strive towards a monthly cashflow of $2,500-$3,000 for retirement expenses (excluding discretionary purchases/vacations).

Assuming FRS for CPF, and an estimated monthly payout of ~$1,400. The remaining shall be funded by (1) Anunity plan - 30%, (2) Dividend porfolio - 15%, (3) Rental income - 25%, (4) ETF portfolio - 20%, and (5) Alternative investment like Crypto/ Fine art - 10%

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Ryan

22 Jul 2022

CPF life but I am to make it to ERS.
Dividend for treats.
CPF SA yearly interest for extra cash
Find some hobbies to generate minimal cash enough for simple 2 meals a day.

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Just_Saying

19 Jul 2022

Use CPF life payout for your survival expenses. Make sure you the payout is aligned with your sur...

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