Quote:
Originally Posted by Unregistered
My profile is something like you except my wife is a housewife.
Also work in banking industry total compensation is 400k as head of risk management, lives in hdb too, owns two condo studio unit bought in 2010 currently rented out, currently in +ve carry. Takes mrt to work but owns a 2009 edition toyota wish for my wife to fetch kids. 200k savings every year
I am in process of investing a london apartment with 50% downpayment.
Expenditure to go up once my kids go uni in 10 years time, but expecting the condos will be fully paid to fund their education |
Hi, I used to be like you, working in high finance, but in FO. I also stayed in a
HDB flat, in fact our first flat and still living in it. After years of big salary and bonuses, I managed to clear my
HDB mortgage loan and accumulated a sizable amount of savings. I am now retired and earning passive income from my investments. I have also set aside enough for my kids' university education, if they don't get scholarships. I'm now 50, how old are you?