Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #4249 (permalink)  
Old 04-05-2014, 06:44 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Can you share more details on how you manage to accrue a net worth of $6m because the numbers don't add up. Even if you save your full salary of $300k pa for 20 yrs you will only have $6m. There is income tax to pay, home to buy, living expenses, car to buy etc...

Frankly if I am in your shoes, I wouldn't worry about retirement as I don't have any expenses.
Accumulated mainly through flipping properties & businesses. I have expenses alright...kids related and also cars as well as o/s mortgage. I'm contemplating early retirement hence want to build passive income portfolio of property and/or stocks. Would like to hear what others would do in my situation.
Reply With Quote