How much are you earning per annum?

[Vue]

36, 39 both working.
Combined annual income: 210k
Extra income: 12k per year
Combined Cash: 320k
Combined CPF: 525k
Stocks: 30k
2nd Property value: 820k
Value of property which we stay in: 500k, fully paid
Insurance savings: 100k upon maturity

Outstanding car loan: 52k
Outstanding property loan: 650k
Annual expenditure: 75k

how are we doing? are we over leveraged?

Originally Posted by Vue

36, 39 both working.
Combined annual income: 210k
Extra income: 12k per year
Combined Cash: 320k
Combined CPF: 525k
Stocks: 30k
2nd Property value: 820k
Value of property which we stay in: 500k, fully paid
Insurance savings: 100k upon maturity

Outstanding car loan: 52k
Outstanding property loan: 650k
Annual expenditure: 75k

how are we doing? are we over leveraged?

You are so rich.... Can I be your 小三？

Combined couple income (husband, 50, and wife, 51), $157k pa. Savings $25k pa.
Home is a condo, current valuation $950k, paid up in full.
Car, one year old, paid up in full.
CPF and cash (husband and wife combined) $450k.
Total net worth $1.4m.
Are we in good financial health?
Can we retire at 60?

currency trader
annual income ard $200K
condo fully paid, valued 800K
car fully paid up
stocks ard $200K
CPF and cash ard $250K

don't use credit cards much except for petrol promos
prefer to be untraceable

take holidays 3-4 times a year aver 5K spending each time

Originally Posted by Bank Employee

currency trader
annual income ard $200K
condo fully paid, valued 800K
car fully paid up
stocks ard $200K
CPF and cash ard $250K

don't use credit cards much except for petrol promos
prefer to be untraceable

take holidays 3-4 times a year aver 5K spending each time

If you are 30, you are doing great!
If you are 60, then...

Originally Posted by Unregistered

If you are 30, you are doing great!
If you are 60, then...

Lol, sorry forgot to add I'm 38

I also want to know whether I can retire as of now.

I am in my early 20s

savings: 800K++
property: 3 condo and one semi d under my name (I rent out 3 condo for around a total gain of 7.8k) all property paid. (due to inheritance)
stocks worth of 1.2million: monthly dividends of around 4000 on average.


can retire?

No you cannot retire. According to some old folk here, even if your net worth is $5m, you cannot retire. Work hard until you are 80 years old. Then leave behind your millions to your children who can then retire early.

Originally Posted by Unregistered

I also want to know whether I can retire as of now.

I am in my early 20s

savings: 800K++
property: 3 condo and one semi d under my name (I rent out 3 condo for around a total gain of 7.8k) all property paid. (due to inheritance)
stocks worth of 1.2million: monthly dividends of around 4000 on average.


can retire?

Originally Posted by Unregistered

No you cannot retire. According to some old folk here, even if your net worth is $5m, you cannot retire. Work hard until you are 80 years old. Then leave behind your millions to your children who can then retire early.

So serious? I thought I finish study le can relax and go holiday, cause my monthly income is more than 10k which is more than most of the people here.

I intent to hoot another condo soon as i intent to push my income to 15k before graduate

also i dont intent to get married. want to have freedom of love hahaha