Quote:
Originally Posted by Simple Middle Class
Am 46, wife 37... Half a million annual income. Stay in fully paid 1600 sq ft old apartment off Orchard and have lands in Bali . Small car, C class. Good restaurants, frequent travel to Europe plus occassion purchase of watches, not ex, around 10k each. Reasonably happy with life. Quite typical among my middle class freinds.
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The above is the real Singapore Dream, good example.
The below is a middle income fellow with an inflated ego and story teller.
"Originally Posted by Unregistered View Post
Married professional couple, 40/41, makes a combined income of $220k pa. Expenses, $180k pa. Expenses include condo mortgage, car loan payments, car petrol, tax, insurance and maintenance, groceries, utilities, life and health insurance, parents allowances, fine dining, luxury goods purchases, top end childcare and tuition for kids, maid levy and salary, luxury holidays twice a year, income taxes, etc.
We lead a high class lifestyle. We hope to enjoy our high class lifestyle as long as we can while we are still young and energetic. When we retire at 65, we will lead a simpler life without no maid, car, etc. By then our kids would have been married and staying on their own. We will downgrade to a small studio condo and live off our savings and
cpf life during our retirement. "