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Me & My Money: Retiring at 51 through property investments
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Thanks to his financial sense and prudence, Mr Andy Lim, who was an executive director at an American bank, is now retired at the age of 51.
ST PHOTO: JASON QUAH
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SINGAPORE - Retired banker Andy Lim realised the importance of retirement planning when the 2009 financial crisis hit, and he saw colleagues and friends lose their pension and retirement funds from their bank equities.
It dawned on him how fragile job security was. “You may have a well-paying job now, but this can come and go quickly,” said Mr Lim.
