To 1M65, or not to?

Well as the speaker mentioned, it does not mean that you wont be able to enjoy life but more towards spending wisely.

I thought it was a good sharing on setting up your safety net, to ensure that you have a safety net as that may be one of the reasons why people are putting off to start investing.​​​

It's pretty good to have more money than less money in general, I think what's the more important thing is to suit your comfort / discomfort levels and your desired living standards after you retire.

Remember friend, 55 is still pretty young, you have about 30 years to live it up. What my parents did -

They went to Alaska for a holiday. They went to see the Northern Lights. They went to UK to see their relatives. They went to Japan and China..... and now, at age 70+, they don't want to travel anymore.... they are more interested in playing with their grandchildren and being comfortable at home.

Money is like oxygen, as long as you keep it at a decent level, you won't be too uncomfortable.

A happy family is more valuable than having all the wealth in the world. But if you do not have a happy family..... more wealth helps. ​​​

I suppose the CPF can be the forgotten child of the portfolio until you reach 55. One way of viewing CPF can be to treat it as a portfolio to be beaten with your external portfolio, e.g. Stocks, Crypto, Forex, etc etc

i.e. As a backup plan.
Since the money is pretty much fixed, and so it the interest rates.

So if your individual stock portfolio doesn't beat the CPF, maybe it is time to review whether that style of investment is suitable for you, and what needs to be done.

Just hit the enhanced/basic retirement fund will do, e rest of your investment optimize outside of CPF