You are doing very well for your age. To be able to own and live in a condo and to own a car in Singapore is a BIG achievement. Well done. Not many people can afford to live in a condo here. 80% of Singaporeans live in public housing, so you are among the lucky few. Congratulations.
Quote:
Originally Posted by Unregistered
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 |