Is 2 million enough to retire at 55 in Singapore?

Its depends on your spending habit and expenses. i am been retired since april 2021 in the mid of covid pandemic at 48yo. my investment portfolio have a returns of average 75% pa for my monthly passive positive cash flow to cover my monthly expenses and part of the payout will be compound back to the principle whenever i want to. currently at 1/10 of what you mentioned. this May 2022 will be my 2nd years into this investment. Start Young and for long term is important, so as a better vehicle to get there.

For most people, 2 mill should be okay to relax and unwind into the golden sunset years. Basically, it all comes down to one's spending habits more than the money itself.

If you have a goal of certain difficulty, and you manage to achieve it within your carefully considered timeline, then the goal should be big and enough for you to achieve the outcome you want.

You see, say you have a run way of 35 years to hit 55. To reach 2 million, you must have put in ~$30,000 for the next 35 years (4% return). Where is the frugality, faith and discipline to execute this difficult plan?

If you succeed in this, I guess it's not that hard to execute another 35 years of frugality and discipline. If you can spend wisely for 35 years, what makes you think that you have much things to spend on when you are old.

Probably, you see why so many rich and old pledge to give, so that they continue to work and have a meaningful life and ironically, the old rich successful do not retire.

If $2m is providing you a 5% dividend, yes. $100k per year is pretty comfy!