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Old 31-05-2014, 12:43 PM
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Originally Posted by Unregistered View Post
We're a couple in our mid-30s with 2 very young kids. We drive a Jap car. Condo fully paid-up: $4.5M. Our combine income = $160k/yr (include all bonuses etc.) $300K cash.

Most assets, be it cash/properties, was handed down to my wife by her late parents.

Passive income:
1. 2nd condo ($1.6M ~ loan fully serviced by rent of $4K/mth) = $0 income
2. shophouse ($2M+) = $9K/mth
3. $700K shares = $1-2K/mth (estimate, never count returns as shares were inherited)
You are very lucky to have married your wife. Her inheritance is probably throwing off more than your combined earned income. Guard the inheritance wisely.
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