How much are you earning per annum?

Currently an SVP with a GLC.

Last year 1.1 mil inc stocks

Originally Posted by Unregistered

29 this year. Made ~500k all in. Am in private equity. Had worked in NY/London before relocating back to Singapore

500k SGD = 370k USD is quite expected for 3rd/4th yr PE in US. If those were your NY numbers it's fair game.

what are market rates for SG / SEA PE?

US MFs vs Europe MFs versus local funds?

Originally Posted by Unregistered

If your HDB flat is fully paid and you have $300k cash, you and wife can retire at 55.
$300k over 10 years (from 55 to 65) is enough for a retired couple as you only need $30k per year to spend on food, utilities and public transport. When you reach 65, you will get at least $4k per month combined ($48k per year) from CPF Life ERS.

If you’re a humble couple who plans to live a simple retirement lifestyle, then $300k is more than enough to last ten years of expenses. With a fully paid home, no car and other big expenses, your expenses will be manageable.

Food and groceries $1000 pm
Public transport $100 pm
Medical insurance $800 pm
Utilities and mobile $200 pm
Miscellaneous $400 pm
Total $2500 pm or $30k pa

You can relax, exercise and sleep more to lead a happy and relaxed retirement lifestyle and be healthy. Life is short. Enjoy. No need millions to retire.

29yo
1.4m this year
Luxury market
Own business

Originally Posted by Unregistered

29yo
1.4m this year
Luxury market
Own business

I’m not a big cannon fairy. There are people I know renting Fraser residences 40k a month without blinking an eye. Many hiding earning much more than we imagine.

Originally Posted by Unregistered

I’m not a big cannon fairy. There are people I know renting Fraser residences 40k a month without blinking an eye. Many hiding earning much more than we imagine.

Usually dirty money must rent property cannot buy

Originally Posted by Unregistered

Usually dirty money must rent property cannot buy

In sg we are all renting.. if your leasehold is 99years. Buying is just an illusion

Originally Posted by Unregistered

Usually dirty money must rent property cannot buy

And certain town area residences only can rent. Cannot buy. 🌝

Doing engineering sales at a Swiss MNC, 30 yrs old base pay 5.2k w/ AWS with 500 transport allowance 500 petrol allowance. Is this considered ok ?

Another company offering $5.8k w/o AWS , $1k transport allowance. Overall package almost no difference, but prospect slightly better. Thinking should job hop anot.

Originally Posted by Unregistered

In sg we are all renting.. if your leasehold is 99years. Buying is just an illusion

Nobody actually stays till 99 years are up. If you do you are a real dumbo.