32 year old single guy with $110k cash in bank and $100k in CPF OA consider the norm? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




32 year old single guy with $110k cash in bank and $100k in CPF OA consider the norm?

Reply
 
Thread Tools
  #1 (permalink)  
Old 22-04-2016, 03:52 PM
Banned
 
Join Date: Jun 2012
Posts: 270
temp111 is on a distinguished road
Default 32 year old single guy with $110k cash in bank and $100k in CPF OA consider the norm?

As above.

Assuming he still single and got no other commitments.

Still staying with parents. No loans.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #2 (permalink)  
Old 22-04-2016, 04:25 PM
Unregistered
Guest
 
Posts: n/a
Default

It is not so important what you have now. It is more important to know where you are going from here especially since you are only 32.

Career wise, do you see yourself earning more, saving more as time goes by? For eg, I could be broke at 35, but if I could pick myself up with a good job and career prospect, I could be a multi-millionaire by 45. Likewise, I could be a multimillionaire now, but lose it all in 10 years time through extravagance and mismanagement of my money.

Thats why people talk about wealth accumulation when they are young and wealth preservation when they are older.

At 32, I would be concern about how to quickly build up my wealth. So looking at your current situation, are you seeing good career progression with regular pay increases or is it a dead end job ?


Quote:
Originally Posted by temp111 View Post
As above.

Assuming he still single and got no other commitments.

Still staying with parents. No loans.


Reply With Quote
  #3 (permalink)  
Old 22-04-2016, 04:36 PM
Unregistered
Guest
 
Posts: n/a
Default

no, considered loser. Like you.

Reply With Quote
  #4 (permalink)  
Old 22-04-2016, 04:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by temp111 View Post
As above.

Assuming he still single and got no other commitments.

Still staying with parents. No loans.
Wow you don't know when to quit. No wonder so many people are irritated with you.
Reply With Quote
  #5 (permalink)  
Old 22-04-2016, 06:54 PM
Banned
 
Join Date: Jun 2012
Posts: 270
temp111 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
no, considered loser. Like you.
Loser like u, u noob.
Reply With Quote
  #6 (permalink)  
Old 22-04-2016, 06:55 PM
Banned
 
Join Date: Jun 2012
Posts: 270
temp111 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Wow you don't know when to quit. No wonder so many people are irritated with you.
Quit what? Forums are for sharing. U got problem?
Reply With Quote

  #7 (permalink)  
Old 22-04-2016, 09:28 PM
Unregistered_101
Guest
 
Posts: n/a
Default

Depends on your area of work I guess, if you're in banking I would say that's way below normal. If engineering I guess its about there?

Quote:
Originally Posted by temp111 View Post
As above.

Assuming he still single and got no other commitments.

Still staying with parents. No loans.
Reply With Quote
  #8 (permalink)  
Old 22-04-2016, 10:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by temp111 View Post
As above.

Assuming he still single and got no other commitments.

Still staying with parents. No loans.
I would say below average. I'm 27 and have 120k in cash and 30k in cpf
Reply With Quote
  #9 (permalink)  
Old 22-04-2016, 11:12 PM
Banned
 
Join Date: Jun 2012
Posts: 270
temp111 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered_101 View Post
Depends on your area of work I guess, if you're in banking I would say that's way below normal. If engineering I guess its about there?
Engineering, yes.
Reply With Quote
  #10 (permalink)  
Old 23-04-2016, 01:26 AM
Unregistered_101
Guest
 
Posts: n/a
Default

Great, then you're sorted. Congrats

Quote:
Originally Posted by temp111 View Post
Engineering, yes.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
30 year old single bachelor with $57,000 cash in bank & salary of $3600, consider ok? temp111 Income and Jobs 41 27-04-2016 02:33 PM
Is this the norm? 30 yo single bachelor with $60,000 cash and salary of $3300. temp111 Income and Jobs 32 02-09-2015 08:50 PM
26 year old guy with $32,000 cash in bank earning $2600 monthly consider okay? Gaara1989 Income and Jobs 11 19-08-2015 11:39 PM
Teachers to get up to 9% one-off increment and up to $700 cash bonus every year admin Income and Jobs 0 19-08-2015 05:01 PM
Is it the norm to ask for pay increases with every job hunt? miwashi Income and Jobs 21 10-08-2011 12:34 PM

» 30 Recent Threads
Credit Suisse ( 1 2)
15 Replies, 5,718 Views
Compare civil service salary ( 1 2 3... Last Page)
14,845 Replies, 9,614,487 Views
Engineer Pay ( 1 2 3... Last Page)
525 Replies, 285,380 Views
Enterprise Singapore hiriing... ( 1 2 3... Last Page)
148 Replies, 143,455 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,192 Replies, 2,890,265 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
343 Replies, 110,702 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,281 Replies, 2,114,725 Views
NUS (National University of... ( 1 2 3... Last Page)
249 Replies, 186,948 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,476 Replies, 2,533,975 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,502 Replies, 726,274 Views
Lawyer Salary ( 1 2 3... Last Page)
18,048 Replies, 7,135,156 Views
Job Application with MOE... ( 1 2 3... Last Page)
395 Replies, 432,980 Views
ST Electronics ( 1 2 3... Last Page)
3,144 Replies, 956,828 Views
Career as Teacher ( 1 2 3... Last Page)
6,224 Replies, 3,942,090 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
562 Replies, 233,744 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,159 Replies, 3,151,383 Views
Electrical Engineering Jobs in...
2 Replies, 352 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,686 Replies, 3,316,246 Views
Management Consultant MBB Big4 etc... ( 1 2 3... Last Page)
227 Replies, 106,415 Views
Micron starting pay ( 1 2 3... Last Page)
563 Replies, 215,642 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
966 Replies, 659,212 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
1,044 Replies, 253,762 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
730 Replies, 205,692 Views
IMDA (under MCI) ( 1 2 3... Last Page)
354 Replies, 181,497 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,398 Replies, 1,170,416 Views
20% salary bump? ( 1 2)
19 Replies, 5,213 Views
RM Salaries and Commissions
0 Replies, 97 Views
What are some good non-fang tech... ( 1 2 3... Last Page)
71 Replies, 18,808 Views
Be a commodities trader ( 1 2 3... Last Page)
223 Replies, 216,453 Views
jobs at Tech companies
4 Replies, 3,268 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:49 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2