How much are you earning per annum? - Page 814 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How much are you earning per annum?

Reply
 
Thread Tools
  #8131 (permalink)  
Old 11-07-2015, 02:13 PM
Unregistered
Guest
 
Posts: n/a
Default

huat ah (original one)

Reply With Quote
  #8132 (permalink)  
Old 11-07-2015, 03:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
huat ah (original one)
Finger on your lips.

Reply With Quote
  #8133 (permalink)  
Old 11-07-2015, 03:10 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Finger on your lips.
Which lips huh?

Reply With Quote
  #8134 (permalink)  
Old 11-07-2015, 03:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Which lips huh?
How many lips you have?
Reply With Quote
  #8135 (permalink)  
Old 11-07-2015, 05:46 PM
Unregistered
Guest
 
Posts: n/a
Default

You are doing well. Let's say you are now 40 years old. By 60, you would have saved $700k. Invest this in a 5% dividend yield portfolio to get $35k pa in dividends. If you have two kids and they each give you $500 pm, you will get an extra $12k pa. your total passive income will be $47k pa or $3.9k pm. When you reach 65, your cpf life will give you $3600 pm or $43.2k pa and your passive income will be $90.2k pa.

Quote:
Originally Posted by Unregistered View Post
We are a middle income couple in our forties, earning a combined income of $150k pa. We save $35k pa. We live in a condo in the OCR which is now valued at $800k. We also own a car.

We currently have no debts as we managed to clear them off gradually. Our total net worth is $1.2m, comprising our condo, CPF funds and some cash.

Our concern is whether we can retire at the age of 60. Can any financial gurus here give some ideas how can we prepare for retirement? Thanks.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #8136 (permalink)  
Old 11-07-2015, 06:10 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You are doing well. Let's say you are now 40 years old. By 60, you would have saved $700k. Invest this in a 5% dividend yield portfolio to get $35k pa in dividends. If you have two kids and they each give you $500 pm, you will get an extra $12k pa. your total passive income will be $47k pa or $3.9k pm. When you reach 65, your cpf life will give you $3600 pm or $43.2k pa and your passive income will be $90.2k pa.
Thanks for the advise.
We feel more comfortable now.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote

  #8137 (permalink)  
Old 11-07-2015, 07:33 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Thanks for the advise.
We feel more comfortable now.
HAHAHAHAHAHA.

Some anonymous unregistered fella with unknown credentials give you some cursory comments and you feel more comfortable already?

Wow.
Reply With Quote
  #8138 (permalink)  
Old 11-07-2015, 07:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
How many lips you have?
Stop making me horny. You are such a tease, notti boy. *blush*
Reply With Quote
  #8139 (permalink)  
Old 11-07-2015, 07:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
HAHAHAHAHAHA.

Some anonymous unregistered fella with unknown credentials give you some cursory comments and you feel more comfortable already?

Wow.
Maybe it's the same person reply his own post..
Hahahaha
Reply With Quote
  #8140 (permalink)  
Old 11-07-2015, 08:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You are doing well. Let's say you are now 40 years old. By 60, you would have saved $700k. Invest this in a 5% dividend yield portfolio to get $35k pa in dividends. If you have two kids and they each give you $500 pm, you will get an extra $12k pa. your total passive income will be $47k pa or $3.9k pm. When you reach 65, your cpf life will give you $3600 pm or $43.2k pa and your passive income will be $90.2k pa.
Thanks a lot for your advice. We are excited of the prospect of retiring at 60.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 25 23-04-2021 10:40 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
8,954 Replies, 3,693,047 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
1,725 Replies, 857,235 Views
Career as Teacher ( 1 2 3... Last Page)
13,080 Replies, 8,792,150 Views
Roles in accenture singapore ( 1 2 3... Last Page)
9,118 Replies, 3,214,992 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
21,809 Replies, 7,097,725 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
7,344 Replies, 4,725,845 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,948 Replies, 1,863,714 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
1,258 Replies, 808,978 Views
How is life as a doctor in... ( 1 2 3... Last Page)
10,984 Replies, 4,569,840 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,747 Replies, 1,508,606 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
6,588 Replies, 5,720,134 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,066 Replies, 580,954 Views
Lawyer Salary ( 1 2 3... Last Page)
22,507 Replies, 12,660,911 Views
Engineer Pay ( 1 2 3... Last Page)
690 Replies, 553,623 Views
Achievers Dream Learning Centre,... ( 1 2 3... Last Page)
36 Replies, 7,604 Views
Work culture in IHiS ( 1 2 3... Last Page)
929 Replies, 756,071 Views
ST Electronics ( 1 2 3... Last Page)
4,304 Replies, 2,114,735 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
1,315 Replies, 784,869 Views
Work life and culture as a Project...
6 Replies, 2,086 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
2,122 Replies, 1,997,880 Views
Compare civil service salary ( 1 2 3... Last Page)
17,006 Replies, 14,726,039 Views
If you can't find a company here... ( 1 2 3... Last Page)
160 Replies, 78,190 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,795 Replies, 1,538,204 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
439 Replies, 871,017 Views
Open Government Products (under... ( 1 2 3... Last Page)
31 Replies, 39,970 Views
JP Morgan ( 1 2 3... Last Page)
228 Replies, 256,916 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,730 Replies, 1,057,701 Views
ICA (under Home Affairs) ( 1 2 3... Last Page)
113 Replies, 269,250 Views
Whats your net worth ( 1 2 3... Last Page)
2,976 Replies, 1,545,307 Views
Asking about the life in LTA &...
8 Replies, 1,903 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:37 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2