Quote:
Originally Posted by Unregistered
50/ 52 middle income couple, annual income $180k pa. Saves $50k pa.
Bought our condo in 2003 at $600k, now paid up and worth $1.2m.
Own a one year old car, paid up. Current market value $100k.
Cash and CPF savings in total $500k.
Total net worth $1.8m.
How do we fare when compared to our peers? |
You're in the top 5% of your cohort (i.e. among graduate couples in their 50s). Most in their 50s are still servicing their condo and car loans. You're among the rare few who have no loans on your condo and car.