Fresh grad 150k pa

foreign talent here, $2800 per month, underpaid?

your mother

i thought there is a minimum salary?

Hmm why my mother? Not your mother, grandmother, father, grandfather, wife, daughter?

Here’s what a retired couple needs every month

Food and groceries $1000
Utilities, mobile, wifi $300
Public transport $100
Medical insurance $600
Miscellaneous $500
Total $2500 pm or $30k pa

Thank you for the advice. I think we can retire after we collect our CPF at 55. Our expected cash would be more than $300k and our CPF Life will give us at least $4k pm combined.

Congratulations! You have achieved the Singaporean dream of early retirement (not so early though as there are high flyers who retired in their 40s).

Retiring in 50s is already very good. Usually those who retired in their 40s are the super high flyers who were ex-bankers.

There are professionals in their forties who were not bankers but worked in the corporate world. They did well in their investments and able to retire from their corporate jobs and pursue their own dreams. Some become entrepreneurs while others become venture capitalists and angel investors. They advise those companies they invested in. There are also those who are enlightened and no longer pursue wealth but instead seek a deeper meaning of life by volunteering their time and energy for free to help the poor and needy. These people are happy and contented. They don’t need stuff to make them happy.