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How much are you earning per annum?

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  #13251 (permalink)  
Old 04-05-2022, 06:01 PM
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Retiring at 55 is no big deal. People collect their CPF and then retire. Relax and take life easy. No need condo, car and so many stuff. Simple life will do.
Like that we also can retire at 55. Sell our condo and downgrade to a HDB flat. Can get $500k plus our CPF $200k we have $700k to spend for our retirement. Some more we will get $5k pm from our CPF Life when we reach 65.

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  #13252 (permalink)  
Old 04-05-2022, 06:48 PM
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Cringe bro. You poor ****er don’t belittle others
Sure…we believe u….haha…

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  #13253 (permalink)  
Old 05-05-2022, 08:08 AM
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49yo male
politician
million dollars salary
perks: minions to bark at

life's good when you are set for life!

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  #13254 (permalink)  
Old 05-05-2022, 10:39 PM
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49yo male
politician
million dollars salary
perks: minions to bark at

life's good when you are set for life!
Sir, is RI a good school? Thinking of enrolling my son there...
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  #13255 (permalink)  
Old 06-05-2022, 04:08 PM
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Wow! So many High Income Earners here!

You guys do know that to earn an annual income of $250K, the person would be somewhere near a VP-level or C-suite of a MNC, right?

s://.glassdoor.com.hk/Salaries/singapore-managing-director-salary-SRCH_IL.0,9_IN217_KO10,27.htm
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  #13256 (permalink)  
Old 07-05-2022, 03:52 AM
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Wow! So many High Income Earners here!

You guys do know that to earn an annual income of $250K, the person would be somewhere near a VP-level or C-suite of a MNC, right?

s://.glassdoor.com.hk/Salaries/singapore-managing-director-salary-SRCH_IL.0,9_IN217_KO10,27.htm
No. actually that's 1-2 yoe comp for bulge bracket IBD or 5-6 yoe consulting. Or 3-4 yoe SWE in FAANG.
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  #13257 (permalink)  
Old 07-05-2022, 02:12 PM
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No. actually that's 1-2 yoe comp for bulge bracket IBD or 5-6 yoe consulting. Or 3-4 yoe SWE in FAANG.
Haha get a fcking life loser

Cringe
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  #13258 (permalink)  
Old 10-05-2022, 11:53 AM
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Taking a break from CNY cleaning to look at past postings.

I'm the guy labeled as "3937" in 2014 (which is my and wifey's age then).

Just to share an update of my financial situation:

Age: 44, 42
Work: both STILL in financial industry, STILL in a support function (so not your banker, salesperson, trader etc)
Total income: $760K, $250K
Residence: Leasehold terrace, our home for last 3.5 years. STILL holds a 5rm HDB, our first property and lived there for 14 years till 2015.
Car: New Conti ride.
Income tax for FY2018: $115K, $11K (wife's tax bill significantly increased from 2014 cos of $80k cap on reliefs).
Savings: $3.6m (adding around $650K per year not counting investment returns, as I mentioned we save 45% of MONTHLY income plus whatever is left over from spending the bonus)
Networth: $7.3m at end 2018.

It's been a while since I logged in to this forum. Another 4 years have passed. Our latest info as follows:

Age: 47, 44
Family: wife with 2 kids, aged 15 and 12
Work: both STILL in financial industry, STILL in a support function (so not your banker, salesperson, trader etc)
Total income: $800K, $272K
Residence: Upgraded to FH Semi-D in Oct 2021 and sold off our leasehold terrace and 5rm HDB.
Car: 3.5yr Conti ride.
Income tax for FY2022: $140K, $14.4K (wife's tax bill significantly increased from 2014 cos of $80k cap on reliefs).
Savings: $5.1m
Networth: $9.2m currently.
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  #13259 (permalink)  
Old 11-05-2022, 12:56 PM
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It's been a while since I logged in to this forum. Another 4 years have passed. Our latest info as follows:

Age: 47, 44
Family: wife with 2 kids, aged 15 and 12
Work: both STILL in financial industry, STILL in a support function (so not your banker, salesperson, trader etc)
Total income: $800K, $272K
Residence: Upgraded to FH Semi-D in Oct 2021 and sold off our leasehold terrace and 5rm HDB.
Car: 3.5yr Conti ride.
Income tax for FY2022: $140K, $14.4K (wife's tax bill significantly increased from 2014 cos of $80k cap on reliefs).
Savings: $5.1m
Networth: $9.2m currently.
It will be good if you could give some advice to the younger people here on how we can try to become a high earning bank employee like yourself or even your spouse. Is it a special field? Did you work extremely hard?
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  #13260 (permalink)  
Old 11-05-2022, 02:51 PM
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ah yes if i was a millionaire, the first thing i'll do is come on here and brag about it to a bunch of nobodies with no name.

for all i know i could be literally talking to 1 guy who is pretending to be 10 different person LMAO
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