Linda Tan

07 Jun 2019

∙

Do you think $1,000,000 to retire is enough?

14

Discussion (14)

What are your thoughts?

Learn how to style your text

Snoopy

04 Aug 2023

1M is definitely not enough, need at least 3M

Reply

Save

Daniel Chua

03 Aug 2022

Digital Audio Visual Production (Nitec) at ITE

1,000,000 is about 30k of income based on 3% dividend

I would say you will minimally need 4 mil for a comfortable retirement (120k annual based on 3%).

Reply

Save

Hariz Arthur Maloy

07 Jun 2019

Independent Financial Advisor at Promiseland Independent

1m in 40 years is 450k in today's value. I remember you saying you're in your 20s.

We will be retir...

Write your thoughts

Related Posts

Any tips for me to retire by 60 with $1,000,000 by saving $1,000 each month?

Should I first (1) top-up my CPF SA, or (2) invest in ETFs, or (3) purchase a retirement income insurance? I am in my 40s and thinking of setting aside $200pm to start retirement planning.?

What do you think we should do with 1,000 face masks?

What do you think of the plan to save enough to stop working in the 30s, before going back to work in the late 30s to build up money again for retirement?

Is 3,000 a month after factoring a 2% inflation enough for retirement in 2022? Assuming no debt.

Related Posts

Any tips for me to retire by 60 with $1,000,000 by saving $1,000 each month?

Should I first (1) top-up my CPF SA, or (2) invest in ETFs, or (3) purchase a retirement income insurance? I am in my 40s and thinking of setting aside $200pm to start retirement planning.?

What do you think we should do with 1,000 face masks?

What do you think of the plan to save enough to stop working in the 30s, before going back to work in the late 30s to build up money again for retirement?

Is 3,000 a month after factoring a 2% inflation enough for retirement in 2022? Assuming no debt.