How much are you earning per annum?

Hi,

I am a young retiree, 48 years old. I was a high flyer in the global finance industry, worked very hard for more than 20 years. I made good $$$ and also did well in my personal investments. I have decided to retire last year to smell the roses.

I have built up enough assets to generate a passive income of $70k pa. My wife is still working and she earns $120k pa. Our household annual expenses is about $80k pa. Our Bukit Timah condo is paid up and we are debt free.

I am now training for a marathon and also volunteers for a charity. About time I live life.

Wow! You're so lucky. I'm jealous. I will have to work for at least 20 years more to retire. Well, you deserved it. You took the risk of joining the finance industry, which comes with it all the uncertainties and office politics. Your efforts paid off. I took the safe, cowardly route which earns me a steady but little income. I earn only $90k pa and lives in a 5 room HDB flat. I'm sure you would have earned an average of $300k pa (including your one year bonuses, allowances, etc). Anyway, congratulations! Take good care of yourself but don't strain too much.

Originally Posted by Unregistered

Hi,

I am a young retiree, 48 years old. I was a high flyer in the global finance industry, worked very hard for more than 20 years. I made good $$$ and also did well in my personal investments. I have decided to retire last year to smell the roses.

I have built up enough assets to generate a passive income of $70k pa. My wife is still working and she earns $120k pa. Our household annual expenses is about $80k pa. Our Bukit Timah condo is paid up and we are debt free.

I am now training for a marathon and also volunteers for a charity. About time I live life.

It is definitely good to take a break, whether for retirement or just to have a sabbatical. If it is going to be a retirement, the next thing to do is ensure your holdings can outlast you.

This useful calculator can help you to make that assessment. It even gives 3 choices of lifestyle and the corresponding expenses required. Great Eastern Life | SUPREME RETIREMENT

Try it out. For a person living in a condo would require minimally $4k per month at today's value.

Originally Posted by Unregistered

Hi,

I am a young retiree, 48 years old. I was a high flyer in the global finance industry, worked very hard for more than 20 years. I made good $$$ and also did well in my personal investments. I have decided to retire last year to smell the roses.

I have built up enough assets to generate a passive income of $70k pa. My wife is still working and she earns $120k pa. Our household annual expenses is about $80k pa. Our Bukit Timah condo is paid up and we are debt free.

I am now training for a marathon and also volunteers for a charity. About time I live life.

Awesome.

You're the man.

Originally Posted by Unregistered

Hi,

I am a young retiree, 48 years old. I was a high flyer in the global finance industry, worked very hard for more than 20 years. I made good $$$ and also did well in my personal investments. I have decided to retire last year to smell the roses.

I have built up enough assets to generate a passive income of $70k pa. My wife is still working and she earns $120k pa. Our household annual expenses is about $80k pa. Our Bukit Timah condo is paid up and we are debt free.

I am now training for a marathon and also volunteers for a charity. About time I live life.

23 years old,
business
4-6k a month
savings 20k
Car just bought 25k down
Shares just start portfolio only 2.5k
How?

Update your status 5 yrs later, then we can tell.

Originally Posted by Unregistered

23 years old,
business
4-6k a month
savings 20k
Car just bought 25k down
Shares just start portfolio only 2.5k
How?

Pretty single girl, 35. Just bought a 3 room HDB flat in Jurong. Renovated it into my dream palace. Disappointed with the many BFs I had, all of them are not faithful to me, even though I'm good looking. I'm now focusing on my career, earning $80k pa. Why is it so difficult to get a good, faithful, successful guy nowadays? Sigh .....

Perhaps it could be something to do with your demeanor?

Originally Posted by Unregistered

Pretty single girl, 35. Just bought a 3 room HDB flat in Jurong. Renovated it into my dream palace. Disappointed with the many BFs I had, all of them are not faithful to me, even though I'm good looking. I'm now focusing on my career, earning $80k pa. Why is it so difficult to get a good, faithful, successful guy nowadays? Sigh .....

Originally Posted by Unregistered

Pretty single girl, 35. Just bought a 3 room HDB flat in Jurong. Renovated it into my dream palace. Disappointed with the many BFs I had, all of them are not faithful to me, even though I'm good looking. I'm now focusing on my career, earning $80k pa. Why is it so difficult to get a good, faithful, successful guy nowadays? Sigh .....

Looks are important but not everything. Sorry to say, 35 is not exactly young.
No man started off as successful.
The gals who got successful guys obviously invested early in their younger days.
Successful guys have got options too given their better status.

Isn't it simple enough?

Originally Posted by Unregistered

Pretty single girl, 35. Just bought a 3 room HDB flat in Jurong. Renovated it into my dream palace. Disappointed with the many BFs I had, all of them are not faithful to me, even though I'm good looking. I'm now focusing on my career, earning $80k pa. Why is it so difficult to get a good, faithful, successful guy nowadays? Sigh .....

let us meet at 5:30 pm on 5th September 2013 near Mc Donlands.