u/Frequent_Roof

44M. Married. 3 kids in primary school. Wife SAHM (41F). Helper. Car left 1 year. 5 room HDB (left 50 years).

180K PA. No salary increase expected.

CPF combined.

• OA - 70k
• SA - 400k

Cash

• 500k (warchest + savings)

Stocks

• 900k

SRS

• 700k (Stocks)

Housing loan

• 200k

Monthly expenses abt 10k

I expect to renew car in 1 year time (estimate 120k)

Do I have enough to retire soon? I kind of estimated that I can drawdown my current cash/stocks/SRS to age 65, after which CPF life will kick in. I am also hopeful that my expenses will go down when my kids go to sec school as a lot is spent on enrichment now. By then, my expenses should drop a lot too, so hopefully CPF life is sufficient. No maid/car.