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How much are you earning per annum?

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  #11811 (permalink)  
Old 07-11-2019, 11:16 AM
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Is $160k a lot? Somehow, I donít think so for a mid 50s. Anyway, I donít pay kidsí U fees using Cpf. I donít want them to be burdened with the debt when they start work.
"Gross
Monthly Income
( Excluding Employer CPF )" Total
Total 2,154.9
Under $500 41.2
$ 500 - $ 999 102.2
$ 1,000 - $ 1,499 210.1
$ 1,500 - $ 1,999 186.1
$ 2,000 - $ 2,499 200.0
$ 2,500 - $ 2,999 163.0
$ 3,000 - $ 3,999 309.3
$ 4,000 - $ 4,999 223.0
$ 5,000 - $ 5,999 167.1
$ 6,000 - $ 6,999 106.4
$ 7,000 - $ 7,999 84.1
$ 8,000 - $ 8,999 67.2
$ 9,000 - $ 9,999 47.1
$10,000 - $10,999 54.3
$11,000 - $11,999 29.6
$12,000 & Over 164.1

Based on 2018 data, if you earn above 12k monthly gross, you are top 7.62% which I think is quite comfortable in Singapore. If not, what will happen to those below than him?

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  #11812 (permalink)  
Old 08-11-2019, 11:38 PM
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Doctor. 29. Just crossed 3.5 yrs. 100k pa. government hospital. 80hrs per week.

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  #11813 (permalink)  
Old 09-11-2019, 12:53 AM
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55 Hours per week, sounds like finance industry? Most straightforward way is to jump to a competitor. If not, then is the usual invest in REITs and collect dividends lor.
Because of the department I'm in, I'm not allowed to invest in REITS or other individual stocks. What do you guys do other than ETFs?

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  #11814 (permalink)  
Old 09-11-2019, 10:16 PM
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1 year out of uni, in IB working 50 hours a week. Grossing 150k per year before bonus. Dunno what bonus is gonna be tho.
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  #11815 (permalink)  
Old 20-11-2019, 02:17 AM
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29, married, with a 4 yr old child. Combined salary with wife (29 yrs old) sgd350k p.a excl. bonus

-1 humble landed house valued at sgd3.2mil. Outstanding mortgage > sgd1.1mil.
-CPF savings combined > 200k
-Cash savings combined > 200k
- Stocks > 50k

how do we fare ?


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  #11816 (permalink)  
Old 03-12-2019, 04:10 PM
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Originally Posted by Unregistered View Post
29, married, with a 4 yr old child. Combined salary with wife (29 yrs old) sgd350k p.a excl. bonus

-1 humble landed house valued at sgd3.2mil. Outstanding mortgage > sgd1.1mil.
-CPF savings combined > 200k
-Cash savings combined > 200k
- Stocks > 50k

how do we fare ?
I think you're good given that you're not 30 yet and have secured your first landed.
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  #11817 (permalink)  
Old 03-12-2019, 04:11 PM
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37 yrs old. annual 200k, staying in hdb, prefer a stress free life. saving up to buy property when market is less volatile.
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  #11818 (permalink)  
Old 03-12-2019, 04:35 PM
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Quote:
Originally Posted by Unregistered View Post
29, married, with a 4 yr old child. Combined salary with wife (29 yrs old) sgd350k p.a excl. bonus

-1 humble landed house valued at sgd3.2mil. Outstanding mortgage > sgd1.1mil.
-CPF savings combined > 200k
-Cash savings combined > 200k
- Stocks > 50k

how do we fare ?
If I earned this much at 29 (or ever, in my life) I wouldn't feel the need to fish for anonymous compliments on an internet forum.
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  #11819 (permalink)  
Old 03-12-2019, 08:44 PM
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If I earned this much at 29 (or ever, in my life) I wouldn't feel the need to fish for anonymous compliments on an internet forum.
Perhaps why nobody has actually believed or complimented this smartass
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  #11820 (permalink)  
Old 05-12-2019, 10:32 PM
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39 year old....9.9K salary monthly with 4.5 month bonus.....just wonder is this consider high or average?
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