Quote:
Originally Posted by kong
More info from me:
Age - 40 & 41
Combined income - $400k pa
Net worth including primary residence - $2.5m
Housing type - HDB executive apartment 4 bedrooms (bought at $500k, now worth $800k)
Car - Honda stream (bought at $80k, fully paid)
Family expenses - estimated $80k pa
As we are comparing housing type and car type wrt to income and net worth, it will be good if we include purchase & current prices of condo/ hdb/landed and car make & model. |
Kong, don't be disillusioned with your high pay. Both you and your wife can get retrenched any time as you both are now in your 40's. I used to earn $300k pa, but was retrenched. Luckily I stay in my
HDB flat which was fully paid up and I have some cash to tie me ober for a few months. Now I am just a lowly paid tutor. Stay in your
HDB flat and save as much as possible for the imminent retrenchment.