How much are you earning per annum?

Originally Posted by Unregistered

Its the same person replying to his own threads so forget this thread. Just look at his writing method. Probably some jobless dude day dreaming and playing different roles each day eg today I am a retire 50s couple with 2.5 mil, next say I am a young 30s annual income of 200k driving an Audi hahaha. Anyway go read another thread where its more job related specific.

This thread " how much you earn per annum" is really full of ****.

LOL. Probably the same dude who claims to have a net worth of $5m and saving $350k pa. LOL. Full of BS indeed.

Most probably two to four different dudes.

1. The $5m guy with $350k pa savings who also advocated working as long as you can
2. The 57/58 yo retired couple
3. The young retired successful ex-exec who made it good and now doing charitable work
4. The dude who gave encouragement to everyone who posted and urged them not to womanise, smoke, drink etc..

Then there are the others who advocated renting out the HDB andliving in M'sia, Thai etc

And now we have a persistent car dealer.

Originally Posted by Unregistered

LOL. Probably the same dude who claims to have a net worth of $5m and saving $350k pa. LOL. Full of BS indeed.

Originally Posted by Unregistered

Your combined income is only $11k. Are you willing to pay $70k for a piece of paper to buy a new car today? or will you wait for it to drop to $30k?

I hope u stop dreaming about coe dropping to that level. U are not there yet i guess. Doesnt mean that people has to be like u.

..com/watch?v=VmeM46a3IDc
老了怎麼辦 ..com/watch?v=JccSH9-VnLY
退休後的人生..com/watch?v=CChQbpNcC64
享受50歲以後的人生..com/watch?v=on8r-YCM3Fg
父母子女的緣份..com/watch?v=B3MAySdynl0
退休準備分享..com/watch?v=rh1SmSWZqZQ

Money is not everything for retirees. Get prepared financially psychologically. Treasure your spouse and old friendship built over the years.

It is correct money is not everything, not just for retirees but for everyone.

The question is how much money is enough.

In a high cost society like Singapore, that amount, that magic number can be quit high.

I was just reading a 65 yo retiree's plight about not having enough money and seeking to go back to work. He said he got $500 pm payout from his minimum sum and that is going to dry up in 9 years. The $500 pm is severely inadequate for him and his wife. He estimated he would need at least $2000 pm. To supplement the $500 pm, his wife had to go out to work.

So it is important to get the basics right. Many times, things are sweeter knowing you have a safety net. If you don't have enough money, you will constantly worry about it, and not able to devote time and love to your spouse. Worse, both of you will end up quarreling all the time - about the lack of money.

Originally Posted by Unregistered

..com/watch?v=VmeM46a3IDc
老了怎麼辦 ..com/watch?v=JccSH9-VnLY
退休後的人生..com/watch?v=CChQbpNcC64
享受50歲以後的人生..com/watch?v=on8r-YCM3Fg
父母子女的緣份..com/watch?v=B3MAySdynl0
退休準備分享..com/watch?v=rh1SmSWZqZQ

Money is not everything for retirees. Get prepared financially psychologically. Treasure your spouse and old friendship built over the years.

Today the 2nd Dec COE bidding starts. Did you book your new car over the weekend?

We can expect COE prices to continue with the uptrend. The Dec bonus has been given out and many people have lots of cash in their hands, not knowing what to do. Many will buy a new car to replace their old one or buy a second new car for their wife. With cheap oil, it is now cheaper to own and use a car. It is also more convenient to move around. Taxis nowadays so difficult to get during peak hours. Taxi fares have not gone down despite the fall in oil prices and this means you make taxi uncles richer. I rather use my money to buy a new car for my family.

Cat A will likely cross $70k and Cat B will cross $78k. Don't fight the uptrend.

You are lucky if you booked your new car yesterday.

Having trouble meeting your sales targets?

Originally Posted by Unregistered

Today the 2nd Dec COE bidding starts. Did you book your new car over the weekend?

We can expect COE prices to continue with the uptrend. The Dec bonus has been given out and many people have lots of cash in their hands, not knowing what to do. Many will buy a new car to replace their old one or buy a second new car for their wife. With cheap oil, it is now cheaper to own and use a car. It is also more convenient to move around. Taxis nowadays so difficult to get during peak hours. Taxi fares have not gone down despite the fall in oil prices and this means you make taxi uncles richer. I rather use my money to buy a new car for my family.

Cat A will likely cross $70k and Cat B will cross $78k. Don't fight the uptrend.

You are lucky if you booked your new car yesterday.

I can wait as my car is still not due till 2016,
by that time, it should drop like a rock to $30k or below.

Office worker, 41, $5,300 pm.
Wife, works in manufacturing industry, 45, $4,700 pm.
Lives in a HDB 5 room flat, worth $500k. Paid up loan.
Drives a one year old car, loan remaining $50k.
Cash and stocks, $50k.
CPF funds and other assets, $450k.
Total net worth (husband and wife), $1m.
Our target net worth when we retire at 65, $2m.
We hope to invest $1m in stocks when we retire to get $50k pa, assuming 5% dividend yield. We will also rent two empty rooms to get $2k pm or $24k pa. We hope our kids gives us at least $1k pm in total or $12k pa. We will also get our CPF Life of $1500 pm for each person or $3k for two persons ($36k pa).
In total our passive income will be about $122k pa. Our expenses should only be $60k pa the most.

31 this year

PA 2014 66k with grade A. Was given 10% increment

PA 2015 guaranteed grade A again but at best 72k.