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Old 13-04-2014, 05:32 PM
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We are a mid forties graduate couple and our combined income is $160k pa. We live in a condo worth $1m and our CPF and cash savings in total is $300k. We have paid up our mortgage and car loans.

I am sure there are many here who are doing much better than us. However we are contented as we no longer have any debt. We can sleep in peace. As a family we strive to keep our expenses as low as possible. For instance, we don't use the car if not necessary.

We feel blessed that we can still afford to own and live in a condo unit whereas we know there are a million households in Singapore who are still living in public housing as 80% of Singaporeans live in HDB flats. We are among the lucky few who can afford a condo.

We are indeed happy.
We are also in our mid forties, combined income is S$350 k. Live in a heartland condo worth $1.4 million fully paid. combined CPF and cash close to $1.0 million ready to plonk when next property dip comes through. Life is great under the PAP leadership. We will continue to vote for them.
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