How much are you earning per annum?

Originally Posted by Unregistered

31years old.
Also a pass degree from NUS b school. 100K a year.
Didn't study much in uni.
I think honours or not really no big deal.

You may think it's no big deal.
But employers think otherwise.
Especially government sector

Originally Posted by Unregistered

We r not selling the HDB flat. Will be renting out for passive income.

How much is your condo? What's your total net worth now, including the equity in the condo?

Originally Posted by Unregistered

Quite decent salary considering you only have a pass degree. count yourself lucky.

How about you? Good degree with high pay?

Originally Posted by Unregistered

How about you? Good degree with high pay?

Yes. I have a first class honours degree with Ntu.
Currently making $200k pa. With 10 years experience.

Originally Posted by Unregistered

Yes. I have a first class honours degree with Ntu.
Currently making $200k pa. With 10 years experience.

How old are you? How much is your own personal net worth?

Lives in a 3 bedroom condo in the OCR, estimated value $950k. Paid up.

Owns a family car. Paid up.

44, earning $130k pa. Spouse, 46, is a home maker.

We are blessed with a happy family. Our children enjoys our care, love and time we spend with them. With spouse at home, there is an adult to supervise and care for them. We don't need a maid.

We believe in a meaningful family life and not one driven by the pursuit of materialism at the expense of moral decay and neglect.

Originally Posted by Unregistered

Lives in a 3 bedroom condo in the OCR, estimated value $950k. Paid up.

Owns a family car. Paid up.

44, earning $130k pa. Spouse, 46, is a home maker.

We are blessed with a happy family. Our children enjoys our care, love and time we spend with them. With spouse at home, there is an adult to supervise and care for them. We don't need a maid.

We believe in a meaningful family life and not one driven by the pursuit of materialism at the expense of moral decay and neglect.

Well done. You have profited from the government policy in the 80s and 90s.
Now it's time for you to donate some wealth back to the society as you are earning so comfortably.

Maybe start with 0.5% as recommended by ESM Goh.

Originally Posted by Unregistered

How old are you? How much is your own personal net worth?

I am 36 this year. My wife is 35. Our HH income is $300k. Our net worth including paid up condo and car is about $2 M. We are very satisfied with our life, and look forward to a comfortable retirement by 45 years with $5 M.

Can a couple in late 40s having current networth of $5 million with HH income $450k retires at 55 given the high inflation and lower returns from investment tool such as rental, stocks, etc, but not compromising on lifestyle. Two kids with one mid and the other late teens.

Originally Posted by Unregistered

Can a couple in late 40s having current networth of $5 million with HH income $450k retires at 55 given the high inflation and lower returns from investment tool such as rental, stocks, etc, but not compromising on lifestyle. Two kids with one mid and the other late teens.

Yes you can.

Well done. You have profited from the government policy in the 80s and 90s.
Now it's time for you to donate some wealth back to the society as you are earning so comfortably.

Maybe start with 0.5% as recommended by ESM Goh.