Asked by Anonymous

I read up a bit about 1M65, but what if my goal is to retire by say 45 or 55? Wouldn't this method force me to be working until I'm 65?

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    • Jonathan Chia Guangrong
      Jonathan Chia Guangrong, Fund Manager at JCG Fund

      Top Contributor (Jan)

      339 Answers, 485 Upvotes
      Answered 2w ago

      1m65 is a retirement strategy using CPF. It is outlined here https://dollarsandsense.sg/1-million-65-using-cpf-heres-math-behind-1m65-concept

      Hence if you are looking to retire earlier you will need a different strategy. Personally, I'm looking to retire in my early 40s via the use of an options portfolio to generate the 60% roi I need

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    • Luke Ho
      Luke Ho
      160 Answers, 265 Upvotes
      Answered 2w ago

      Yes. Basically.

      In fact, 1M65 was 1M55 not so long ago.

      I have no idea how people in your position reconcile themselves to that fact when it comes to CPF...

      That being said, it's not unlikely you'll live to that age.

      So you can plan for your retirement at 45 using private investments for example, and the money only needs to last 20 years before 65 kicks in. Or the money from 45 can complement it by that age.

      Thats certainly one way.

      I'd love to help you with this if you like, since I enjoy structuring such portfolios for my ambitious clients. Who doesn't love a challenge, like retiring at 45?

      https://www.facebook.com/luke.ho.54

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