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How much are you earning per annum?

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  #12831 (permalink)  
Old 13-11-2021, 08:32 AM
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Quote:
Originally Posted by Unregistered View Post
Lay off the sarcasm lol we already know this place is full of fake news and CSB.

Anyone making >100k won't even come to this place. Explain to me why would they? what for? we're all anonymous lol no one knows you're making >100k, no one can prove anything. I can pretend to be you, you can pretend to be me. Even if you really make >100k a year, who cares? u think we'll believe u?

Majority of us are here just to chit chat and call out obvious fake news.


You want some real salary comparison? Go nodeflair, Glassdoor, SG salary reddit and many more places where you know... u can get actual data from real people? verified by mods?

or stay here and read all the CSB

hey btw I make 500k a year, about to retire at 25 years old how am i doing guys?? am i AvErAgE? btw im a girl hehehe Wink Wink!!

If can get 200K pa is very successful already

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  #12832 (permalink)  
Old 13-11-2021, 02:42 PM
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Default Passive income

Hi people, it has been quite a few years since I visited this forum. Think my very last post / message here was in 2014?

This forum started (in 2010 / 11?) with with the intent to have healthy sharing of salaries in different industries across different age groups. It started off quite well with genuine info sharing but as with all things anonymous, the postings / sharing quickly degenerated into a sham. Sad but not surprising.

Anyhow, I am now a senior (meaning above 60) and what we seniors discuss and compare are not just our salaries (for those of still working) but our passive income. While building up sufficient net-worth is important in preparing for retirement, the cashflow is equally if not more important in retirement.

Retirees typically drawdown on their savings but there is a superior way, and that is through acquiring assets that generate passive cashflow.

So when we seniors meet, we discuss and compare notes on the various assets and instruments that can generate good and robust cashflow and yet not too exposed to the vagaries of the market.

For most of us around 60+ years old, our passive income ranges from $150,000 to $250,000 yearly. Ours is close to $200,000 a year (combined for spouse and I). Our cashflow generators are:

Dividends from equities : $67,000
Rental income : $36,000
Interest from CPF : $93,000

Not quite yet $200,000, but working towards it and hope to achieve it next year.

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  #12833 (permalink)  
Old 14-11-2021, 02:38 AM
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Quote:
Originally Posted by Unregistered View Post
Lay off the sarcasm lol we already know this place is full of fake news and CSB.

Anyone making >100k won't even come to this place. Explain to me why would they? what for? we're all anonymous lol no one knows you're making >100k, no one can prove anything. I can pretend to be you, you can pretend to be me. Even if you really make >100k a year, who cares? u think we'll believe u?

Majority of us are here just to chit chat and call out obvious fake news.


You want some real salary comparison? Go nodeflair, Glassdoor, SG salary reddit and many more places where you know... u can get actual data from real people? verified by mods?

or stay here and read all the CSB

hey btw I make 500k a year, about to retire at 25 years old how am i doing guys?? am i AvErAgE? btw im a girl hehehe Wink Wink!!
I make 160k ex. Bonus a year at 33 years old. Can crop pay slip for u, how?

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  #12834 (permalink)  
Old 14-11-2021, 09:15 AM
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Quote:
Originally Posted by Unregistered View Post
Lay off the sarcasm lol we already know this place is full of fake news and CSB.

Anyone making >100k won't even come to this place. Explain to me why would they? what for? we're all anonymous lol no one knows you're making >100k, no one can prove anything. I can pretend to be you, you can pretend to be me. Even if you really make >100k a year, who cares? u think we'll believe u?

Majority of us are here just to chit chat and call out obvious fake news.


You want some real salary comparison? Go nodeflair, Glassdoor, SG salary reddit and many more places where you know... u can get actual data from real people? verified by mods?

or stay here and read all the CSB

hey btw I make 500k a year, about to retire at 25 years old how am i doing guys?? am i AvErAgE? btw im a girl hehehe Wink Wink!!
This is true...

Some of my uni friends making 100k+ fresh grads don't even know this forum exists. It's usually the ones making lesser. Likewise, the ones making a lot also don't care about updating linkedin profile cause they already have a good job, the ones who don't have a job or desperate for one are always the ones updating and posting a lot of nonsense.
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  #12835 (permalink)  
Old 15-11-2021, 11:02 PM
Stannous
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Smile

28M
$60k annual
1-year experience
Engineering stat board
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  #12836 (permalink)  
Old 15-11-2021, 11:57 PM
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Quote:
Originally Posted by Unregistered View Post
I make 160k ex. Bonus a year at 33 years old. Can crop pay slip for u, how?
Talk so much also never post pic
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  #12837 (permalink)  
Old 16-11-2021, 11:04 AM
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Fresh grad working in automotive industry, a local grad
Software Engineer
80K base
10% bonus
35K equity vested over 4 years
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  #12838 (permalink)  
Old 17-11-2021, 12:53 AM
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Quote:
Originally Posted by Unregistered View Post
I make 160k ex. Bonus a year at 33 years old. Can crop pay slip for u, how?
Mouth talk LP song.


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  #12839 (permalink)  
Old 17-11-2021, 04:35 AM
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Wow that's impressive. Me & wife are currently 50 yo, and we hope to hit the range when we live to 60+ hopefully

2021
Dividends from equities : $45k
Rental: will start in 2022 when we move into new property, likely $40k
Interest from CPF : $50k



Quote:
Originally Posted by Unregistered View Post

For most of us around 60+ years old, our passive income ranges from $150,000 to $250,000 yearly. Ours is close to $200,000 a year (combined for spouse and I). Our cashflow generators are:

Dividends from equities : $67,000
Rental income : $36,000
Interest from CPF : $93,000

Not quite yet $200,000, but working towards it and hope to achieve it next year.
Reply With Quote
  #12840 (permalink)  
Old 17-11-2021, 04:38 AM
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Default

Wow that's impressive. Me & wife are currently 50 yo, and we hope to hit the range when we live to 60+ hopefully

2021
Dividends from equities : $45k
Rental: will start in 2022 when we move into new property, likely $40k
Interest from CPF : $50k


Quote:
Originally Posted by Unregistered View Post


For most of us around 60+ years old, our passive income ranges from $150,000 to $250,000 yearly. Ours is close to $200,000 a year (combined for spouse and I). Our cashflow generators are:

Dividends from equities : $67,000
Rental income : $36,000
Interest from CPF : $93,000

Not quite yet $200,000, but working towards it and hope to achieve it next year.
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