This short CPF site article has some simple insights derived from Loo’s personal story. Loo’s $1M by 65 is more realistic than many other popularized financial targets.

earn/save/invest .. With Loo’s profile unknown, here’s what we can deduce — Loo is good at saving, and his investment skill shines at CPF-SA.

— current income .. Loo puts too much in CPF-SA with $0 current income, but he likes div stocks.
— inflation .. an unspoken risk when you lock away so much cash for so long. Loo basically bets on SG government to contain inflation risk
— OA->SA transfer .. was a major method.
— unpalatable liquidity of CPF-SA … is the price for the extremely competitive riskless compound 4% growth
🙁 He can’t use the SA fund for education or housing, but after 55, he could pledge his HDB and withdraw the free portion above BRS.
— burn rate habits: Loo’s habits are same as mine.

• “simple holidays”
• rent-out individual rooms
• renovations

— Singaporeans’ popular reasons for wanting to be rich:
Loo polled readers on their reasons for wanting to be rich. (Presumably Singaporean respondents.)  An overwhelming majority answered they wanted to be rich so they could retire and not work anymore. The response made him wonder. While there is nothing wrong with wanting to be rich Loo believes the pursuit of wealth should be for the right reasons… not “stop working and wasting life”.

Likewise, Jacob of ERE pointed out “after we solve the free-from problem, we face the free-to problem”.