How much are you earning per annum?

You are right. Our time on this earth is limited. We will all die. Most of us will live to 85, the most if you are healthy. We don't need to hoard so much wealth as we will not bring all our wealth to the grave. We must plan our life such that we live a meaningful life. Plan it such that we have time to enjoy the fruits of our labour, spend quality and quantity time with our family and doing volunteer social work. I don't plan to accumulate more and more wealth. Instead I invest my time in building a family. I focus in bringing up kids who are strong in their character and inculcate positive values.

Originally Posted by Unregistered

Wealth should be adjusted against age to determine how well one life is. A person attaining $5m only when he reaches age 55 versus someone who can do so when he's 40 is very different. Time on this world is limited to everyone, and being able to enjoy one's wealth while still young is happiness versus someone who had to work his whole life to achieve wealth at older age, but had limited time and health to enjoy his rewards. Our body ages as we grow old and it is not reversible no matter how much wealth we achieve later in life. Wealth is a journey not an end so most importantly do something you like you life and build your wealth as you progress and enjoy the fruits of your labour along the way.

Mid 40s couple. Engineering sector.
Filed $500k last year.
Owns a private property and luxury car. Fully paid.
Two smart kids in RI.
Looking forward to our retirement by age of 50.

Originally Posted by Unregistered

Mid 40s couple. Engineering sector.
Filed $500k last year.
Owns a private property and luxury car. Fully paid.
Two smart kids in RI.
Looking forward to our retirement by age of 50.

Good for you. I'm luckier. I'm already retired from full time corporate work since my late 40s. My investments allow me to retire from salaried work. I now devote my time towards helping the weak and poor.

Originally Posted by Unregistered

Good for you. I'm luckier. I'm already retired from full time corporate work since my late 40s. My investments allow me to retire from salaried work. I now devote my time towards helping the weak and poor.

Wow. I envy you.

Originally Posted by Unregistered

Wow. I envy you.

You too can do it. Invest well and you can achieve financial freedom. It took many years since I started working.

Originally Posted by Unregistered

You too can do it. Invest well and you can achieve financial freedom. It took many years since I started working.

Are you the retiree with $5m assets?

It's hard to tell as people stay anonymous here in the forum.

First post here.

Mid to late thirties. Salaries + bonus 180k pa and wife 200k pa, total 380k pa. Both of us in finance sector.

Still servicing D15 condo with 700k left to pay. No other properties.

Still servicing conti car with 80k left to pay. 1 car only.

Based on salary calculator, we are in the 5 to 10% top earners. Thank God for His Blessings.

Congratulations. May I know what's your combined net worth (yours + wife's)?

Originally Posted by Unregistered

First post here.

Mid to late thirties. Salaries + bonus 180k pa and wife 200k pa, total 380k pa. Both of us in finance sector.

Still servicing D15 condo with 700k left to pay. No other properties.

Still servicing conti car with 80k left to pay. 1 car only.

Based on salary calculator, we are in the 5 to 10% top earners. Thank God for His Blessings.

About 1.9m including market value of condo, cash, insurance and CPF.

Thank God.

Originally Posted by Unregistered

About 1.9m including market value of condo, cash, insurance and CPF.

Thank God.

Lucky you.

For me & wife, total net worth $2.88m including market value of 1 condo, 1 car, cash, insurance, CPF and SRS.

Thank *****.