What profession are you in? Your remuneration of $12.5k pm (at 28) will make a lot of people weep. Does your job has longevity?
Most people at 28 (if graduates with good honours) will be looking at $5k - 6K pm.
Quote:
Originally Posted by Unregistered
28 years old. started working at 26 after getting qualified.
starting pay check was 5.2k monthly for 1.5 years; got headhunted and switched firm half a year ago and started with 11.5k for the next 6 months. Salary just got reviewed and earning 12.5k this month.
Cash savings: approx 29k
CPF OA: approx 31k
CPF SA: approx 8.5k
investment linked policy surrender value: approx 6.2k.
Not started investing in stocks; thinking of going into property after accumulating more savings for down payment. target to get first property 1.5 to 2 years from now.
How am I doing? Is there a national savings guide on how much one should have saved by 28 (apart from the JP morgan survey). Just looking for mean values across age groups to compare how I fare. |