How much are you earning per annum? - Page 1158 - 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




How much are you earning per annum?

Reply
 
Thread Tools
  #11571 (permalink)  
Old 17-01-2019, 11:31 AM
Unregistered
Guest
 
Posts: n/a
Default

35yo Singaporean male. 2 years NS
Mid level manager in SME
260k basic
Variable annum bonus 150-250k
Landed house
Lexus SUV
Married with two kids

I grew up in HDB poor. Life in Singapore is good if you are hardworking. I find foreigners to be more hardworking than locals. Humbly, I'm still far from retirement.

Reply With Quote
  #11572 (permalink)  
Old 18-01-2019, 12:19 AM
Unregistered
Guest
 
Posts: n/a
Default

woah, so many high flyers here.

27 y/o, singaporean
Banking ops
approx 60k pa
Cash on hand, not much, spent all on trips overseas

Reply With Quote
  #11573 (permalink)  
Old 18-01-2019, 11:24 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
woah, so many high flyers here.

27 y/o, singaporean
Banking ops
approx 60k pa
Cash on hand, not much, spent all on trips overseas
Its alright to start low so future success can taste sweeter. If you don't hit miminum 100k by the time you are 30 then you should seriously evaluate where you went wrong.

Reply With Quote
  #11574 (permalink)  
Old 18-01-2019, 01:35 PM
Unregistered
Guest
 
Posts: n/a
Post

Quote:
Originally Posted by Unregistered View Post
Its alright to start low so future success can taste sweeter. If you don't hit miminum 100k by the time you are 30 then you should seriously evaluate where you went wrong.
Your logic about 100k by 30 is flawed because not everyone can achieve it in reality and in general.

Right investment and prudent savings can help to grow whichever amount of disposal income.
Reply With Quote
  #11575 (permalink)  
Old 18-01-2019, 02:41 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Your logic about 100k by 30 is flawed because not everyone can achieve it in reality and in general.

Right investment and prudent savings can help to grow whichever amount of disposal income.
That's why those people are gone case... throw a stone and you easily hit a 100k 30 year old. Among my close friends, we are going for the "200k by 35" goal instead. At least that's a challenge, given that you start at 50k at age 25.
Reply With Quote
  #11576 (permalink)  
Old 18-01-2019, 03:29 PM
Unregistered
Guest
 
Posts: n/a
Lightbulb

Quote:
Originally Posted by Unregistered View Post
That's why those people are gone case... throw a stone and you easily hit a 100k 30 year old. Among my close friends, we are going for the "200k by 35" goal instead. At least that's a challenge, given that you start at 50k at age 25.

I dont think they are gone case. Just that there many factors involved. If you cant reach 200k by 35 are you gone case as well? Those who have 500k by 35 will say that you are gone case.

Earning power doesnt mean you are rich and successful.
Reply With Quote

  #11577 (permalink)  
Old 18-01-2019, 04:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Your leaders have already set the benchmark for you, anything less than 500k is mediocre performer. You locals thinking 60k at 27 age is not "gone case", it show the need for non-locals who can do the highpay jobs that lazy locals cannot.
Reply With Quote
  #11578 (permalink)  
Old 18-01-2019, 05:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I dont think they are gone case. Just that there many factors involved. If you cant reach 200k by 35 are you gone case as well? Those who have 500k by 35 will say that you are gone case.

Earning power doesnt mean you are rich and successful.
Just curious, what would be your end goal (or wealth to accumulate) when retired?

I see that many aimed to retire early. If so, your wealth growth may be limited. Even if you can earn high income early, but by retiring early (or burnt out early), your wealth will not be high.

For those who do not earn high salaries, I would urge them not to despair. A steady and consistent approach to wealth building over many years has been used by many people to build substantial wealth by the time they retire.

My wife and I are your typical mid-level managers with modest salaries that were barely above the average income. We will be retiring soon at 62, and we are comforted and pleased that we have built up a networth of close to $10M. Built up through the slow and steady way. Granted that we were living a modest lifestyle all along. Upgraded to a 4 bedroom condo around 10 years back, we each have a simple jap car and only have an overseas holiday trip once a year!
Reply With Quote
  #11579 (permalink)  
Old 18-01-2019, 06:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Your leaders have already set the benchmark for you, anything less than 500k is mediocre performer. You locals thinking 60k at 27 age is not "gone case", it show the need for non-locals who can do the highpay jobs that lazy locals cannot.
Dont let your leaders dictate your life. Carve out your path. You are just the fastest race in this rat race of climbing the corporate ladder. Money wont satisfy you.
Reply With Quote
  #11580 (permalink)  
Old 19-01-2019, 02:11 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
That's why those people are gone case... throw a stone and you easily hit a 100k 30 year old. Among my close friends, we are going for the "200k by 35" goal instead. At least that's a challenge, given that you start at 50k at age 25.
Elitism at its finest.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« 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
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 23 06-08-2017 06:46 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
Civil Service Performance Bonus ( 1 2 3... Last Page)
961 Replies, 759,223 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
1,908 Replies, 724,586 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
214 Replies, 66,785 Views
Career as Teacher ( 1 2 3... Last Page)
1,319 Replies, 978,611 Views
Lawyer Salary ( 1 2 3... Last Page)
4,073 Replies, 1,398,374 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,079 Replies, 1,353,452 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,249 Replies, 1,070,944 Views
Compare civil service salary ( 1 2 3... Last Page)
7,449 Replies, 4,313,317 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
499 Replies, 245,345 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
782 Replies, 556,782 Views
UBS Graduate Talent Program ( 1 2 3)
21 Replies, 12,343 Views
How is life as a doctor in... ( 1 2 3... Last Page)
511 Replies, 602,353 Views
Associate in DBS ( 1 2 3... Last Page)
145 Replies, 189,950 Views
Salaries of Professors in SG ( 1 2 3... Last Page)
127 Replies, 193,587 Views
Constituency Manager (People... ( 1 2 3... Last Page)
679 Replies, 330,604 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
70 Replies, 56,661 Views
UOB Management Associate Program ( 1 2 3... Last Page)
190 Replies, 107,119 Views
Queries about Cpib application ( 1 2 3... Last Page)
915 Replies, 366,633 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,400 Replies, 354,244 Views
Really that bad for engineers? ( 1 2 3... Last Page)
1,213 Replies, 798,222 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,255 Replies, 431,323 Views
Exxonmobil ( 1 2)
14 Replies, 11,656 Views
GIC career ( 1 2 3... Last Page)
185 Replies, 242,701 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
79 Replies, 46,250 Views
Foreigner in Banking Industry
4 Replies, 452 Views
Govtech bonus ( 1 2 3)
22 Replies, 2,666 Views
Enterprise Singapore hiriing... ( 1 2)
15 Replies, 3,648 Views
Asset Management Salary and... ( 1 2 3)
20 Replies, 6,596 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,170 Replies, 571,252 Views
anyone working at NCS ? ( 1 2 3... Last Page)
269 Replies, 202,575 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:58 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2