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14-12-2022, 02:24 PM
 Unregistered Guest Posts: n/a

Quote:
 Originally Posted by Unregistered Just doing some math.... 8.6k plus 1.25 is the start. 1st year 8.6X12 = 103,200 8.6X1.25=10,750 Total = 113,950 Plus CPF contribution by employer = 17%X113950 = 19,37150 Grand total = 133,321.50 2nd year increase by 6% 9.12X12 = 109,440 9.12*1.25 = 11,400 Total = 120,840 CPF = 20,542.80 Grand total = 141382.80 3rd year increase by 6% 9.67*12 = 116,040 9.67*1.25 = 12,087.50 CPF = 21,781.68 Grand total = 149,909.18 4th year increase by 6% 10.25*12 = 123,000 10.25*1.25 =12,813 Total = 135,813 CPF = 23,088.21 Grand Total = 158901.21 5th year increase by 6% 10.865*12 = 130,380 10.865*1.25 = 13,581.25 Total = 143,961.25 CPF = 24,473.41 Grand Total = 168,434.66 6th year increase by 6% 11.52*12=138,240 11.52*1.25=14,400 total = 152,640 CPF = 25,948.80 Grand Total = 178,588.80 7th year increase by 6% 12.21*12=146,534.40 12.21*1.25=15,262.50 total = 161796.90 CPF = 27,505.47 Grand total = 189,302.37 8th year increase by 6% 12.94*12=155,311 12.94*1.25 = 16,175 total = 171,486 CPF = 29,152.62 Grand Total = 200,638.62 9th year increase by 6% 13.72*12=164,596.80 13.72*1.25=17,150 total = 181746.80 CPF = 30,896.96 Grand T = 212,643.75 10th year increase by 6% 14.54*12=174,518.40 14.54*1.25=18,175 Total = 192,693.40 CPF = 32757.88 Grand T = 225,451.27 11th year increase by 6% 15.41*12=184,948.80 15.41*1.25=19,262.50 Total = 204,211.3 CPF = 34,715.92 Grand T = 238,927.22 12th year increase by 6% 16.33*12=196,015.20 16.33*1.25=20,412.50 Total = 216,427.70 CPF = 36,792.71 Grand T = 253,220.40 So after 12 years at standard progression of salary will hit 250k a year after 12 years of passing MMed. Maybe there are some other bonus perks I am unaware of. But it is definitely realistic. I do think that the 250-300k mark is probably the limit though. like OP says 400k is for the CEO.
i can confirm, this is 100% accurate and legit

by the time you are 50 years old, you will be earning 31k / monthly

5 years later, 41k / monthly

another 5 years later, 55k / monthly

100% legit, math checks out.