Quote:
Originally Posted by lazyplane
I dont doubt your post on your net worth.
But you are not disclosing how you arrive there completely.
You stated you & spouse 32/31. Between you and your spouse, you have average of max 8-10 yrs working. Meaning to achieve a networth of 800+k in those 8-10 yrs, you had to save approx 100k savings per year.
that around 50k per person. accompanied with the expense of reno, kids.
think you must had some help... or i will have to agree with the others that u r not the average middle income...
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By the way, you said u paid your house of 400k with
CPF.. Thats 200k
CPF per pax with the max contribution at 5k in current
CPF context... Somewhere, i think u missed stating a few key points on how u arrived.