income 108k per annum consider quite high for your age...care to share which industry are you working in?

Hi, can i ask about your job? How do you get in the industry, or at least care to advice a young undergrad on how to get into the industry?

Yes my total net is about $6-7 M at the age of 51 (if I sell off all my properties). My plan is to retire elsewhere other than Singapore. You have done very well at 36. The only way is to invest. Mind sharing how you achieved your current net worth, properties?

Yes, mainly property. I moved in with my in laws to have the flexibility to buy and sell properties between 2006 to 2012 without the hassle of moving house. Took me 6 yrs to hit 1M, another 4 yrs to reach 2M, and another 2 yrs to hit 3M. Not invested now except for one landed in d15, but holding cash waiting for opportunities

Don't mistake luck for skill.

One must invest but that doesn't mean that your past successes will determine your future successes. Holding cash is a risk averse strategy and you may do well compared to the tons of people who don't invest but also don't have cash (yes, many of them exist). However if your strategy is compared to an aggressive one, then your future returns may not be as impressive.

In the end, it's mostly luck.

If not, GIC and Temasek would have been much more successful.

Where do you plan to retire to?

Up North where I have built my dream home. I would not have made the decision 5 years ago but with the escalating cost and planning for a younger retirement, I've got better mileage retiring elsewhere.

Again, for the younger ones in this forum, my scenario may not be a good target for you. Mentioned in my initial post, I am just providing a bench mark for you. I enjoy my salaried life and need not worry about any monetary risk in investment through out.

Obviously, aggressive investment in property will give you very high return, I would say 1 in 10 will be successful and needs a lot of perseverance and discipline.

age: 28 goin 29

industry: manufacturing (corp role)

pay: $110k all-in

mood: depressed after reading this thread

Your pay is already very good.

wah. what company? care to share?

110 average also have close to 8k....consider as elite leh for your age.