How much are you earning per annum? - Page 1382 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How much are you earning per annum?

Reply
 
Thread Tools
  #13811 (permalink)  
Old 06-04-2023, 08:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you have enough no need to work anymore. Just spend it. Your kids can work hard and accumulate their own wealth. Parents who leave behind millions to their kids are spoiling them. Make them weak. I don’t plan to leave behind much to my kids. I’m thinking of retiring after downgrading from a condo to a HDB flat. Need the cash to retire early at 55.
We can only try to give our kids as good an education as possible.

But property is quite expensive we may need to help them. My dad helped me too. About a S$100k and he bought me a car to go NUS daily from home.

Just as my dad helped me, I hope to be able to help my kids too.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #13812 (permalink)  
Old 06-04-2023, 09:12 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you have enough no need to work anymore. Just spend it. Your kids can work hard and accumulate their own wealth. Parents who leave behind millions to their kids are spoiling them. Make them weak. I don’t plan to leave behind much to my kids. I’m thinking of retiring after downgrading from a condo to a HDB flat. Need the cash to retire early at 55.
hilarious

dont expect ur kids to babysit ur dumb old ass

Reply With Quote
  #13813 (permalink)  
Old 07-04-2023, 01:33 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
hilarious

dont expect ur kids to babysit ur dumb old ass
Don't have kids if your motive is for them to take care of u. If they turn out to be more of a liability than asset, u are fooked.

Reply With Quote
  #13814 (permalink)  
Old 07-04-2023, 01:41 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
He has first class honours in electrical engineering. I believe he will find it too demeaning. Being a Grabdriver was alteady a blow to his ego.
If he is still harping on the FCH he has attained around 30 years ago, he must have an unbelievably huge ego.
Reply With Quote
  #13815 (permalink)  
Old 07-04-2023, 08:40 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you have enough no need to work anymore. Just spend it. Your kids can work hard and accumulate their own wealth. Parents who leave behind millions to their kids are spoiling them. Make them weak. I don’t plan to leave behind much to my kids. I’m thinking of retiring after downgrading from a condo to a HDB flat. Need the cash to retire early at 55.
I agree with this. Nowadays the younger generation is a strawberry generation because of parents who pamper them. Downgrading is a good way to retire early. I did that. Most Singaporean families (80%) live in HDB flats. No big deal retiring in a flat. Our life is short. Yolo. So enjoy retirement! FIRE. Financial independence retire early.
Reply With Quote
  #13816 (permalink)  
Old 07-04-2023, 09:29 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Don't have kids if your motive is for them to take care of u. If they turn out to be more of a liability than asset, u are fooked.
kids are not an asset lmfao typical uneducated singaporean trash, u stuck in the 1980s?

educate ur kids, let them be free, if they choose to help you in the end out of their own free-will, you know you raised some good ass kids and you were a good parent.

if they choose not to? you deserve it.

just my 2 cents, dont cry about it, im not ur kid so idgaf
Reply With Quote

  #13817 (permalink)  
Old 07-04-2023, 01:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I agree with this. Nowadays the younger generation is a strawberry generation because of parents who pamper them. Downgrading is a good way to retire early. I did that. Most Singaporean families (80%) live in HDB flats. No big deal retiring in a flat. Our life is short. Yolo. So enjoy retirement! FIRE. Financial independence retire early.
What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.
Reply With Quote
  #13818 (permalink)  
Old 08-04-2023, 10:04 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.
If you’re single and no plans to marry, have paid up your mortgage, has no dependents, has medical insurance and confident to maintain your expenses, then it may be possible. If you earn $3k and spend $1k, you can still save $2k every month. Get professional advice for your situation.
Reply With Quote
  #13819 (permalink)  
Old 08-04-2023, 10:27 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.
That's an awful idea lol.

I'm going to make a few assumptions here, feel free to correct any of it and reply again for further advice.

2-3k PM, after CPF and tax? so let's say on average, 2.5k PM right?

2.5k - 900 = 1.4k monthly free cash + your passive income = 2.7k free cash.

What job is this? WFH? full remote? Highly unlikely, most tech jobs in SG aren't even full remote anymore but of course, feel free to correct me if I'm wrong here. So assuming you need to stay in SG, let's say it's not demanding so assuming 8 - 3PM worktime max.

What are you gonna do after 3PM?

You can't travel overseas right? even if it's full remote job there's conditions that you have to abide by such as "working from home country" etc.

You gonna stay at home? Travel around SG? that's gonna get boring real fast, SG is boring af.

All of this is assuming if you even get an amazing job that lets you off after 3PM.

Most people retire at 50s because it's worth it to grind hard, earn 8-12k PM, build up assets, investments, etc so that they can quit fully, have actual free time ( 24 / 7 ) to do whatever they want. Travel the world, live in a different country for a year, go sailing, sky diving, whatever.

Semi-retiring is not an actual thing. If you are working on someone else's time then you are not retired at all. IF your boss suddenly calls you to come office at 5PM, what are you gonna say? "No boss I'm semi-retired, fk you bye"

No right?
Reply With Quote
  #13820 (permalink)  
Old 08-04-2023, 10:56 AM
Unregistered
Guest
 
Posts: n/a
Default

I worked hard in school and in my career. I’m able to buy private properties. Now I have a fully paid condo worth at least $1.3 mil. So I have the option to retire at 55 after selling my condo and buying a 3 room HDB flat. I can relax, travel and enjoy retirement. I don’t need to leave behind anything much. I won’t bring my wealth to my grave. So why work another 10 years? Just retire by downgrading and free up cash.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 25 23-04-2021 10:40 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
4,798 Replies, 1,919,996 Views
Roles in accenture singapore ( 1 2 3... Last Page)
6,834 Replies, 2,084,420 Views
Compare civil service salary ( 1 2 3... Last Page)
16,066 Replies, 11,914,214 Views
MasterCard Graduate Developement... ( 1 2 3... Last Page)
103 Replies, 86,710 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
5,882 Replies, 3,499,097 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,833 Replies, 1,179,466 Views
Career as Teacher ( 1 2 3... Last Page)
9,769 Replies, 6,000,813 Views
How is life as a doctor in... ( 1 2 3... Last Page)
6,739 Replies, 3,096,455 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
12,477 Replies, 4,472,855 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
724 Replies, 329,472 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,620 Replies, 930,047 Views
High Finance Thread ( 1 2 3... Last Page)
1,557 Replies, 594,651 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
527 Replies, 309,860 Views
JP Morgan ( 1 2 3... Last Page)
169 Replies, 152,381 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,539 Replies, 1,195,640 Views
Nparks ( 1 2 3... Last Page)
30 Replies, 29,311 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,128 Replies, 500,585 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
1,164 Replies, 415,330 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
288 Replies, 331,259 Views
Lawyer Salary ( 1 2 3... Last Page)
20,559 Replies, 9,706,297 Views
Whats your net worth ( 1 2 3... Last Page)
2,942 Replies, 1,362,836 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
541 Replies, 257,511 Views
What are BAND 5 positions -... ( 1 2 3)
26 Replies, 12,145 Views
NTU (non-faculty) ( 1 2 3... Last Page)
150 Replies, 199,600 Views
Work culture in IHiS ( 1 2 3... Last Page)
667 Replies, 477,863 Views
Standard Chartered International... ( 1 2 3... Last Page)
428 Replies, 235,662 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,702 Replies, 4,380,757 Views
ST Electronics ( 1 2 3... Last Page)
3,514 Replies, 1,386,414 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
773 Replies, 434,889 Views
Work in SMU
4 Replies, 374 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:01 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2