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Old 22-03-2016, 12:22 PM
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800k per annum?

are C level executive or what?

Not even SVP at my bank earn that much.....only the few C level execs and star traders got that type of amount...

i want to believe you...............but the truth is out there.


Quote:
Originally Posted by Unregistered View Post
5 rm hdb fully paid
Bread and butter car fully paid
Parents allowance 2k
Car, child, home, maid exp, roughly 3k
Personal exp, roughly 2k per month.
Traveling simple say 3-5k per trip, twice a year.
Taxes prob 120k
Annual exp approx 220k per annum, mainly to the tax man

Combined income > 800k per annum
Net worth mainly cash, followed by some equities, cpf, etc , 5-6m, excluding hdb

Mid 40s couple with one child

My wife thinks I am nuts for not spending our money to enjoy more. But I feel that we should work for few more years, take it slow and semi retire.
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