Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #6455 (permalink)  
Old 16-01-2015, 12:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Since you are so rich, do you plan to upgrade to an Orchard condo or a GCB?


Quote:
Originally Posted by Unregistered View Post
Average power couple. Husband and wife, 50 and 51 years old. Three children.

Home: 4 bedroom OCR condo. Worth $1.6m, paid up.
2 Cars (conti): paid up.
Total salary (both combined): $400k pa.
Passive income: $130k pa (incl CPF interest)
2nd property : $1.2m, loan :$500k
Cash savings & FDs: $500k.
CPF (OA + SA + MA): $1.4m
Stocks: $1m
Total net worth: $5.2m.

Passive income: $55k from stocks dividends + $42k from CPF + $33k from rental = $130k

Gotta work till 55 to withdraw CPF yearly interest for spending.
Reply With Quote