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  #10832 (permalink)  
Old 18-02-2017, 01:20 PM
Posts: n/a

What does a typical middle class Singapore family look like?

Assuming a married couple in their late 40s with two kids.

Family household income $108k pa. Husband and wife working.
Lives in a 4 room HDB flat, bought cheap during BTO. Now paid up and worth $400k.
Drives a small, normal car, maybe a 2nd hand car.
Holidays once a year to Malaysia or Thailand.
Eat at restaurants once a month.
Family net worth
- HDB flat $400k
- CPF $350k
- Cash and stocks $50k
Total net worth $800k

Do you agree?
What's your family financial profile?

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