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Old 14-10-2019, 11:00 AM
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Well done!

I guess you are referring that you are able to save 75% income due to lower expenses and your passive income is covering 75% of your expenses.

So if your passive income can cover the remaining 25%, you would be reaching FI!

Originally Posted by Unregistered View Post
This forum was started in Feb 2010 by Avatar to share and discuss annual incomes. Lets see how our incomes have changed over the 9+ years.

In 2010, my annual income was $127,000. Last year (2018) it went up to $256,000. A combination of pay adjustments against inflation and promotions. New (good class honors) graduates joining my company used to get $3,000 per month, now new graduates are getting $5,000 per month.

At the end of the day, how much you earn is only 1 aspect, another important aspect is how much you can save from what you earn. In 2010, I was saving about 25% of my annual salary, now with both my kids having completed their uni studies, home loan paid off, no car loan, no maid, I was able to save 75% of my 2018 income.

If you are able to save 100% of your salary, you have reached financial independence!
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