How much do you earn and save?

#**221** (**permalink**) 20-03-2021, 01:22 PM

37 year old freelancer. Earning 210K a year. Hitting 1 mil this year. Planning to FIRE after I have 2 mil invested with 200k as emergency fund

#**222** (**permalink**) 20-03-2021, 01:23 PM

Quote:

Originally Posted by Unregistered

37 year old freelancer. Earning 210K a year. Hitting 1 mil this year. Planning to FIRE after I have 2 mil invested with 200k as emergency fund

Industry? Function?

#**223** (**permalink**) 20-03-2021, 04:19 PM

Quote:

Originally Posted by Unregistered

Industry? Function?

I’m a dentist, private practice

#**224** (**permalink**) 20-03-2021, 05:04 PM

Quote:

Originally Posted by Unregistered

Industry? Function?

I am a translator

#**225** (**permalink**) 20-03-2021, 07:26 PM

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Originally Posted by Unregistered

I am a translator

Ok cool! Coooolllll

#**226** (**permalink**) 31-05-2021, 11:32 AM

Quote:

Originally Posted by Unregistered

I am a translator

Wah translator can earn so much? Translate what language to what?

#**227** (**permalink**) 31-05-2021, 11:45 AM

Quote:

Originally Posted by Unregistered

Hello, can I have an honest opinion, preferably from HR who would have insight on this, but I've just reached 31 years old, and am currently drawing a pay of about 6000, excluding overtime (average maybe 600 per month, up to maybe 2K), 13th month given separately at the end of the year, and an annual bonus of approximately 1.2K (about 2.5 months). All before CPF deduction. I have a degree as well.

Am I considered average, under, or overpaid, as a normal farming singaporean citizen in my current situation(taking into account I probably wouldn't be able to earn salaries like those in investments)? Trying to find out so I can determine my next career move, or if I should stay at my current position until the economy recovers.

Looking forward to your replies, thank you.

I calculated. Your overall annum is about 100k more or less, although around 30% comes from bonus and OT. I think it is quite decent at age 31. If 100k divide by 12 , you are taking around 8k-9k per month on average which is quite good already. The base maybe quite low but overall package is still good and decent.

#**228** (**permalink**) 31-05-2021, 12:35 PM

29yo male
8k per month
Bonus usually 1month, too low to bother
Spendings usually 1k before covid restrictions due to eating outside.

#**229** (**permalink**) 31-05-2021, 01:22 PM

overall salary, do we include employer cpf contribution and additional medisave contribution by employer?

#**230** (**permalink**) 31-05-2021, 11:27 PM

26.5 y o Female, liberal arts degree, research reporter 6250 before CPI
Take home around 5000
Parents $800 + occasional groceries trip and meals
Expenses around 1k
60-70k invested in stocks

No insurance plans