Quote:
Originally Posted by Unregistered
In this day and age I am surprise there are some degree educated PMEs out there who cannot even reach their first million net worth by 40. Some are even worse, relying on just downgrading from condo to HDB at 62-65 just to unlock that miserable 700k for retirement for both couple, i.e. 350k per pax is their main retirement fund. Crazy... |
For singles is very easy to achieve millionaire by 40 yo, but most people have other financial expense like parents, kids, housing, car etc. For most sg couple if can reach 4-5mil by retirement should be enough to get by, anything extra can consider bonus.