Quote:
Originally Posted by Unregistered
Hello guys!
This year I will be 48, I earn $135k pa while my wife earns $100k pa.
We live in a big terrace house and renting out my HDB flat and two condos.
Our net worth is only about $6m. Hope to reach $10m by 65 years old when I retire.
Plan to travel the world when we retire. By then our passive income should be about $500k pa. |
Dream on dude. At 48, earning only a combined $235K, you dont have much time to achieve your target of $10M. You also better start worrying about how to pay for the condos and
HDB upkeep when the economy tank, and you cannot get tennants. And if you should lose your income, eat grass then.
Travel the world now while you still can and not wait till later when ill health may get in the way