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Old 05-02-2015, 11:27 PM
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Originally Posted by Unregistered View Post
47/ income $133k pa / savings $40k pa
Wife 42/$100k pa/ savings $40k pa
Assets: condo, cash, car, CPF
Liabilities: condo mortgage
Condo is now worth $1m while mortgage left is $500k
Our combined net worth:
1. Condo equity value $500k
2. Cash $40k
3. CPF (OA+SA+MA) $450
Total net worth $990k
Why is your cash so low when you and your wife can save a combined 80k per year?
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