Thursday, July 11, 2024

Semi-retired on >500k in sg

I decided to quit my job and I did. My last day is on 30 July. Have been in this job for 14 years, 3 months.

Life is short. I wish to take a break to figure what I want to do in my remaining time on earth. 

I have >500k invested in stocks, and will be living off my dividends during this break.

I still have a housing loan of 260k that is currently serviced by my cpf oa. If my singtel and cdl stocks (bought with cpf oa moniee) could make a profit of 40k, i could pay off this loan amount in 2026. So this does not worry me even if i remain unemployed for a long time.

During my break, I will need to keep my expenses to 1800. Will track to see if this is doable. Intend to rest 6 months, go do things that brings me joy and spend time with my family and friends. 

After the break, i will go find a part time job to work at most 3 days a week. This is to keep my mind active.

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