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Old 19-02-2014, 07:10 PM
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Quote:
Originally Posted by EC73 View Post
Hi,

Am 41 this year, married with a 6mth old son. Below is my wife and I savings these years...

Wife and I cash savings: $300,000
Wife and I investment: $160,000
Both CPF (OA, SA, MS): $500,000
5 Room flat bought at $245,000 in 2003 without gov grant, now worth: $600,000 (fully paid since 2007)
Toyota left 1.5 years of driving duration (fully paid, since 2006)
Excluding our living policy, medical, term insurances...
build up your passive income using your CPF OA and cash, buy a 2nd property for rental.
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