How much are you earning per annum? - Page 857 - 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
  #8561 (permalink)  
Old 24-09-2015, 03:36 PM
Unregistered
Guest
 
Posts: n/a
Default

Full time trader, 49. Spouse, office worker, 46.
My income, $100k pa. Spouse income, $110k pa.
Household expenses, $130k pa. Expenses shared equally.
3 bedroom condo in central area, fully paid up a few years ago.
One year old car, paid up.
Children's Uni fund ready.
Debt free.
My net worth is 2x of spouse's net worth.
Enjoy a comfortable middle class lifestyle, overseas holidays twice a year, eat good food at restaurants, etc.
I will not retire so soon as I enjoy my trading job from my home office. I am the boss. No more office politics.

Reply With Quote
  #8562 (permalink)  
Old 24-09-2015, 04:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Mortgage Specialist (sales)
29 years old
200k last year
Wow how to get ur job? I mean what kind of degree or sth
I'm currently a jc student

Reply With Quote
  #8563 (permalink)  
Old 24-09-2015, 06:02 PM
Unregistered
Guest
 
Posts: n/a
Default

Piped dream people. If you have no children, then maybe you can go back packing across Europe or the US.

I have done a little of this when I was a graduate student in US uni. It is something you do once.

At my age now, when I travel, I want to travel in comfort. Roughing it out doesn't cut it for me anymore. Especially when we are traveling as a family. For our annual holiday last year to NZ, we spent $15k. Not a small sum but paid for fully with passive income.

So you see guys, quitting your job early in life so that you can go for long holidays is a sure fire way that you will be poor as you get older.

Work hard now, save and invest well and your "future you" will thank you for it. Ensure that you build up a strong foundation in your finances to last you through your old age.

Speaking to the two old cleaners in my office, I learnt that they had no choice but to continue to work because they didn't earn much so they could not save enough in their younger days. So if we are earning well, we have one less excuse why we could not prepare well financially for retirement.

If you are not a successful banker, quitting your job (some more both husband and wife) to go back packing for so many months is irresponsible thinking.

Quote:
Originally Posted by Unregistered View Post
Back packing in Europe for 4 - 6 months sounds fun! You surely can't do this if you're not fully retired. You can't do this if you're 65 years or older, you won't have the energy and stamina. There are many successful professionals, esp ex-bankers, who retired in their 40s or early 50s to enjoy their hard earned fortune. They can live in many parts of the world for long periods. Imagine staying 3 months in US, 1 month in Canada, 1 month in Australia, 1 month in NZ, 6 months in Europe ....

Reply With Quote
  #8564 (permalink)  
Old 24-09-2015, 07:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Yup. We are looking forward to it!

Quote:
Originally Posted by Unregistered View Post
Back packing in Europe for 4 - 6 months sounds fun! You surely can't do this if you're not fully retired. You can't do this if you're 65 years or older, you won't have the energy and stamina. There are many successful professionals, esp ex-bankers, who retired in their 40s or early 50s to enjoy their hard earned fortune. They can live in many parts of the world for long periods. Imagine staying 3 months in US, 1 month in Canada, 1 month in Australia, 1 month in NZ, 6 months in Europe ....
Reply With Quote
  #8565 (permalink)  
Old 24-09-2015, 08:18 PM
Unregistered_101
Guest
 
Posts: n/a
Default

Lol when you're in your 20's, 30's maybe can still consider backpacking. I think if I'm in my 40's 50's I would rather do something less taxing. I backpacked across multiple continent overland so maybe our standard of "backpacking" differ

Much better would be to buy a holiday house in Au/Nz and maybe spend half a year there and then half a year in Sgp assuming the kids are independent (more or less) by then. That's my plan anyway


Quote:
Originally Posted by Unregistered View Post
Back packing in Europe for 4 - 6 months sounds fun! You surely can't do this if you're not fully retired. You can't do this if you're 65 years or older, you won't have the energy and stamina. There are many successful professionals, esp ex-bankers, who retired in their 40s or early 50s to enjoy their hard earned fortune. They can live in many parts of the world for long periods. Imagine staying 3 months in US, 1 month in Canada, 1 month in Australia, 1 month in NZ, 6 months in Europe ....
Reply With Quote
  #8566 (permalink)  
Old 24-09-2015, 08:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My situation is similar.
I bought my condo during Sars. Paid $600k only at AMK. Fully paid now doubled.
Paid up 2lit new car this year.
Both of us are in mid 40: last year filed income $400k
We have 2 kids in lower secondary
Cash and stocks $0.75 M, CPF $0.4 M
Thinking of quiting one of our job to look after kid to make sure they are successful in life next time.
Hope to get some quality life back. It's so stressful to get where we are now
In 40s, report to new management 2 years back. Full of tai-chi, ask many questions and make no decision. Worse of all finger pointing is the culture of fully diversified multi national office. In short, shitty work.

Will hang on as long as possible till better comes along. Singapore you can't afford to lose income. If feel breakdown, go hospital and seek help under medical condition.
Reply With Quote

  #8567 (permalink)  
Old 24-09-2015, 09:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
In 40s, report to new management 2 years back. Full of tai-chi, ask many questions and make no decision. Worse of all finger pointing is the culture of fully diversified multi national office. In short, shitty work.

Will hang on as long as possible till better comes along. Singapore you can't afford to lose income. If feel breakdown, go hospital and seek help under medical condition.
should i hang on until they fire me, or resign voluntary as the job sucks?
Reply With Quote
  #8568 (permalink)  
Old 24-09-2015, 11:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
should i hang on until they fire me, or resign voluntary as the job sucks?
How much cash savings to do you have? If you have $500k of cash and stocks, you can just quit and take your time to find another job. This is especially so if the job cause you be in a deep depression. Don't listen to people who don't understand what it feels like to be in a depression.
Reply With Quote
  #8569 (permalink)  
Old 24-09-2015, 11:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yup. We are looking forward to it!
You deserve it after working so long in your job. As long as you are prepared financially, just do it and don't look back.


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


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
  #8570 (permalink)  
Old 24-09-2015, 11:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Full time trader, 49. Spouse, office worker, 46.
My income, $100k pa. Spouse income, $110k pa.
Household expenses, $130k pa. Expenses shared equally.
3 bedroom condo in central area, fully paid up a few years ago.
One year old car, paid up.
Children's Uni fund ready.
Debt free.
My net worth is 2x of spouse's net worth.
Enjoy a comfortable middle class lifestyle, overseas holidays twice a year, eat good food at restaurants, etc.
I will not retire so soon as I enjoy my trading job from my home office. I am the boss. No more office politics.
Doing a job you love and having no boss to report to is the best job in the world. You must have done very well in your previous career to amass a huge capital to trade on your own. Anyway, since you own a condo in a prime district, you should have no worries. If you need to, just sell your prime district condo and move to a cheaper OCR condo and you will have millions in cash.
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
DSTA (under Mindef) ( 1 2 3... Last Page)
1,247 Replies, 994,054 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
2,040 Replies, 846,943 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,598 Replies, 1,311,373 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,304 Replies, 635,626 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,727 Replies, 3,174,853 Views
Bnp paribas graduate ( 1 2 3... Last Page)
203 Replies, 122,283 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,819 Replies, 2,681,626 Views
Compare civil service salary ( 1 2 3... Last Page)
14,974 Replies, 9,991,118 Views
Lawyer Salary ( 1 2 3... Last Page)
18,450 Replies, 7,588,315 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
1,094 Replies, 453,019 Views
Anyone work in JPM/GS/Morgan... ( 1 2 3... Last Page)
298 Replies, 74,339 Views
Mining Industry ( 1 2 3... Last Page)
78 Replies, 47,085 Views
Career as Teacher ( 1 2 3... Last Page)
6,659 Replies, 4,228,444 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
268 Replies, 174,862 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
169 Replies, 212,527 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,050 Replies, 735,005 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,779 Replies, 3,467,122 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
639 Replies, 268,067 Views
Pay for digital marketing agencies ( 1 2)
13 Replies, 9,863 Views
Micron starting pay ( 1 2 3... Last Page)
630 Replies, 247,312 Views
Standard Chartered International... ( 1 2 3... Last Page)
362 Replies, 163,619 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,718 Replies, 991,681 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,250 Replies, 3,323,971 Views
GovTech ( 1 2 3... Last Page)
3,460 Replies, 1,122,434 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,098 Replies, 762,152 Views
Work culture in IHiS ( 1 2 3... Last Page)
378 Replies, 285,927 Views
Singtel Management Associate... ( 1 2 3... Last Page)
1,144 Replies, 364,881 Views
Constituency Manager (People... ( 1 2 3... Last Page)
926 Replies, 632,164 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,174 Replies, 481,021 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,756 Replies, 2,324,673 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:11 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2