SINGAPORE - The phrase “appearances can be deceptive” doesn’t come close to capturing the case of a Singaporean man in his 80s who lived what seemed to be a hand-to-mouth existence in a one-room rental flat, when in fact he has $1 million in his bank account and other financial products.
He dressed simply and lived mostly on food bought from nearby markets and hawker centres – not unlike other retirees in the neighbourhood.
Few would have guessed that he was actually cash-rich and with a well-devised retirement plan.
https://www.straitstimes.com/business/invest/elderly-man-who-lived-in-hdb-rental-flat-has-1m-savings