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  #9725 (permalink)  
Old 03-04-2016, 03:37 PM
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Originally Posted by Unregistered View Post
Well done. I have been trying to get my two children who had just entered the workforce to start thinking about savings and investing for their future.

For myself, I am 56+, $300k pa work income, and passive income at $140kpa. Spouse's income $150k pa.

The way we see it, we ourselves are the still our best asset. Our passive income cannot replace our work income. Hard to stop work and forgo all these income.
both me & wife are 48 this year, household income submitted for tax is $440k.
i agree with you. it's hard to give up this salary even if we can chose to retire right now.
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