Real People, Real Story ....
Down-grading at their 60s when they realized it is too late???
... He told me he has no any other investment plan except to leave it in CPF to service his housing loan - another 11 years to go!!!
Read? leave it in CPF to service his housing loan - another 11 years to go!!!
He is 59. Instead of looking forward to his retirement, he is hoping that his boss will recommend him to work till 65.
He took profit on his first HDB home and then took a second housing loan for his replacement home.
He still have another 7 more years to clear his housing loan.
Read? Home for Living and not for profit taking (8)