Omg…How could you guys be saving THAT MUCH???
I am female, hitting 30 this year, Local Uni Grad…Annual Income about $70K (is this considered ok??)
After deduction of
CPF and monthly expenses, I only save about $25K a month…
And the first few years of work, I barely save much as I was earning a pittance….
Now I only have about $85K in cash…oh dear!
Think about it this way, given a combined income of $10K, with 2 kids and a car and a maid, how much can a couple save??
If you include about $1000 to parents ($500 each side), plus insurance for the whole family…I think we are looking at only about $3000 in savings…