How much are you earning per annum?

Originally Posted by Unregistered

You missed the point. He is in the hospitality /retail sector which is eating **** right now. No way those increments are genuine.

Wow. It’s almost as though there are people with nothing better to do than come online and lie about their salaries to seek self validation from random strangers on the internet.

And that there are other random people, with nothing better to do, than entertain these people by replying to them.

Originally Posted by Unregistered

Wow. It’s almost as though there are people with nothing better to do than come online and lie about their salaries to seek self validation from random strangers on the internet.

And that there are other random people, with nothing better to do, than entertain these people by replying to them.

You are another of those people with nothing better to do, come out and get beaten to a pulp by me lah it's all you're good for

Originally Posted by Unregistered

Here is our retirement plan

Age 55, we will do this

1. Sell our fully paid condo at $1 million
2. Buy a four room resale HDB flat for $400k, fully pay in cash
3. We will spend for our retirement $40k pa or $400k over 10 years (from age 55 to 65) for me and spouse

Age 65, my spouse and I will get $4500 pm ($54k pa) combined from CPF Life

We will retire in about five years time

You sure you can buy a four room resale HDB flat for $400k when you retire? LOL. HDB are now close to a million dollars my friend. Double that number to be realistic.

Singaporeans are assets rich and cash poor due to favourable FT policy.

Originally Posted by Unregistered

You sure you can buy a four room resale HDB flat for $400k when you retire? LOL. HDB are now close to a million dollars my friend. Double that number to be realistic.

Singaporeans are assets rich and cash poor due to favourable FT policy.

Hyperbole lah. Buy at cheap area like Slumbawang 400k sure can.

Originally Posted by Unregistered

Hyperbole lah. Buy at cheap area like Slumbawang 400k sure can.

just keep swimming just keep swimming

Originally Posted by Unregistered

Probably during his offer stage, his basic was quoted on an annual basis - $128k. Pretty common.

yeah. same poster posted this in another forum topic, he also mention this amount include employer contribution.. hence, his annual package is around 115 to 120k, slightly above avg for his age..

Originally Posted by Unregistered

just keep swimming just keep swimming

Lol bloody loser. Earn peanuts then don't complain lah, just keep eating ****

Tech, 25
YoE: 3.5
TC: 151k

Originally Posted by Unregistered

You sure you can buy a four room resale HDB flat for $400k when you retire? LOL. HDB are now close to a million dollars my friend. Double that number to be realistic.

Singaporeans are assets rich and cash poor due to favourable FT policy.

Hard truths. Vote wisely y'all.

Originally Posted by Unregistered

Here is our retirement plan

Age 55, we will do this

1. Sell our fully paid condo at $1 million
2. Buy a four room resale HDB flat for $400k, fully pay in cash
3. We will spend for our retirement $40k pa or $400k over 10 years (from age 55 to 65) for me and spouse

Age 65, my spouse and I will get $4500 pm ($54k pa) combined from CPF Life

We will retire in about five years time

Brilliant move. We are both also retiring soon after collecting our CPF at age 55. Our condominium unit is already fully paid. What we need is cash to sustain us from age 57 (our planned retirement age) to age 65 after which we will receive a monthly payout of $4000. If we need $3k pm (or $36k pa) from 57 to 65, the total cash we need will be about $288k. I think we should have $300k cash at 57.