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Not only from Singapore (many instances I knew off), also from Canada and Australia. |
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Me - 30++ CFA Fund manager for Asia Pacific ex Japa, ex China 1.2m (plus company's car, accommodation, excluding bonus and share option) |
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When you said "same age group peers", if you are referring to the whole of Singapore's same age group, regardless of educational background, then as a couple, you are considered above average in terms of income. But if you are comparing among graduates of the same age group, then you are on the low side. However, since you can still afford an EC, you are considered very successful as only 15% of Singaporeans live in condo or landed. Your total net worth is considered above average, even among graduate couples of the same age group, but not among the top 5% (must be at least $2m combined net worth to be in the top 5% of graduate couples, i.e. both husband and wife has a net worth of at least $1m each). |
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In fact I do not see anything to regret, as engineering is a stable profession. You may not be super rich but you can have a moderate standard living, which make us feel blessed. We may not even have this moderate living as well if unfortunate. |
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Senior Analyst for in house Consulting Unit (providing consulting services to group business strategy, very similar to Mc Kinsey, Bain or BCG). Reporting directly CMO.
8 years experience. 16k x 12 plus 2 month contractual bonus. With share option and car allowance. May be seconded to any subsidiary companies with group throughout the world. I believe many MNC have similar in house unit. How about pay and benefits ? |
Total income, $216k pa. Total savings, $60k pa.
43, 45 years old working professional couple. Home is a 3 room brand new condo, worth $1.1m, outstanding loan $241k. Two teenage kids. Drives a continental luxury sedan, fully paid up. Lead a comfortable lifestyle, expensive holidays twice a year. Fine dining, once a week. Total combined net worth, $2.2m. We are happy with our financial achievement so far. We aim to retire at 60. |
26 going 27...
banker, 130k per annum excluding bonuses. not saving much, i usually treat my friends when we go out for drinks/food. |
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