Your profile is definitely considered a successful Upper middle class.
Your household income is above the median household income.
You have no debt, owns your home and car in full. You are also a millionaire household.
There are people your age still paying their mortgage, especially those who bought condo.
Quote:
Originally Posted by Unregistered
Sole breadwinner earning $140k pa. 4 RM HDB flat, paid up. Household total net worth (i.e. HDB flat, cash and CPF savings) $1.1m. Luxury car, paid up. No debt. Cash savings $25k pa. 46 & 44 years old.
Daughter doing well in school due to good upbringing and close monitoring at home by spouse.
Is this a successful middle class profile? |