Originally Posted by Unregistered

I'm sorry, you are not middle class. A total income of 161,000pa is at best in between low and middle class.

Your 3BR condo will be worth 800k by the time you are retiring, as it is most likely a 99-year leasehold (going by the 1m worth). Your car will obviously be long gone.

CPF Life of 3,800pm in total means both of you have barely hit the FRS. That is really the minimum of minimum sums.

I saw many others were scolded papaya so I shall refrain from sharing too many details, lest I be scolded too. Suffice to say that we have a 6-digit combined income starting with 3, 2 condos (living in freehold and renting out leasehold, currently 94 years lease left), a basic 100k car, and 2 x ERS. We consider ourselves middle class.