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Old 17-06-2014, 11:59 PM
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Originally Posted by Unregistered View Post
I am now about 38, married with one kid. Combined income about 460k from work and another 100k from rental.

Have a landed property, two condominiums, one in the east where I live and a freehold one at Robertson Quay all rented out. I also have a property in Vietnam and half a share of a industrial property that I rent out.

Currently, I am up 4.7mio based on my savings and assets less the loans that I took. The loans are going to take a very long time to clear. But plausible if I save a bit more.

I don't really care what I spend anymore, but will clear about 220k a year on all the odds and ends including about 1 holiday every month or so, with at least one to Europe and one to Japan.

On retirement, hoping to be able to pay everything off and live on just the rental. That should work out to approximately 16k a month assuming that nothing goes wrong.

Fingers crossed that this still remains intact but we never know.
you are in the middle income group

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