Quote:
Originally Posted by Unregistered
Update, 6 yrs later.
now in the late 40s, wife mid 40s, 2 kids entering teens.
Combined income $500k+ pa (I am still working)
Net worth, including stock, CPF, cash, and home, $5m+.
1 car, fully paid (take the bus sometimes)
Working on generating passive income of around 10k a month, currently nowhere near there still.. |
My age / income and net worth band are rather close to yours, also aiming for 10k passive income. I am generating about 7-8k per mth from corporate bonds coupon, property rental mostly. Just thinking that you should be able close in on the 10k/ mth target.