How much are you earning per annum? - Page 912 - 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
  #9111 (permalink)  
Old 12-12-2015, 03:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You haven't in the cost of monthly season parking, twice yearly maintenance, petrol, ERP, road tax, cost of a car.

Last time, COE also reached $2 during financial crisis. So $25k COE is very possible as economy is heading south now - people over-leveraged with properties, expensive cars will lose jobs in downturn. They will no choice but to lelong their assets. The economic cycle will just repeat again and again as history has shown in 1985/86, 1997/98, 2008/09.

I just sit back and see what gonna to happen in 2016/2017 - no rush for me. Very cheap lelong sale coming soon... it only happens once in a decade.
I agree, I have sold my 2010 toyota altis for 60k, and still made a small profit. I am now using Uber to get around, super easy and 99% availability.
I also sold my condo last year bought 2009 with 50% profit.

Now sitting on a pile of cash, waiting for blood in the street, probably in 2017 onwards to pick up cheap assets again. Meanwhile enjoy cheap rental, cheap airbnb for holiday ... Sibeh song huat ah

Reply With Quote
  #9112 (permalink)  
Old 12-12-2015, 04:19 PM
Solopreneur
Guest
 
Posts: n/a
Red face Casual Inputs

This forum really entices elite scale employees, surprising but nevertheless, here is my one..

24 now, Solopreneur at 100K per year
No full-time employees but team of 5 freelancers
Working hours are 4pm-1/2am
No car, no house and no maid, got 1 small office

Reply With Quote
  #9113 (permalink)  
Old 13-12-2015, 06:14 PM
Unregistered
Guest
 
Posts: n/a
Default

If this is our profile, when can we retire? Need sincere advice from forumers here:

Husband, 50. Wife, 51. Combined income $200k pa and we save $40k pa.
Son, 20. Daughter, 13. Still schooling.
Home is a three bedder condo, current valuation $980k. Mortgage remaining $188k.
Car is paid up. Other assets include CPF, cash, stocks, insurance policies.
Total net worth $2m.

Thank you for the advice.

Reply With Quote
  #9114 (permalink)  
Old 13-12-2015, 08:56 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If this is our profile, when can we retire? Need sincere advice from forumers here:

Husband, 50. Wife, 51. Combined income $200k pa and we save $40k pa.
Son, 20. Daughter, 13. Still schooling.
Home is a three bedder condo, current valuation $980k. Mortgage remaining $188k.
Car is paid up. Other assets include CPF, cash, stocks, insurance policies.
Total net worth $2m.

Thank you for the advice.
Congratulations. You own a condo and a car. You are already the top 10% household in Singapore. You can retire anytime now as you just cross the 50 mark.

Do plan to enjoy your retirement funds and don't work to death.
Reply With Quote
  #9115 (permalink)  
Old 13-12-2015, 11:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Wah so many elite here..... me is peasant,This yr 27 yrs old with 1 yr working experience. My last drawn annual salary is 48k including bonuses.
Reply With Quote
  #9116 (permalink)  
Old 14-12-2015, 03:03 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Wah so many elite here..... me is peasant,This yr 27 yrs old with 1 yr working experience. My last drawn annual salary is 48k including bonuses.
Based on projection, you will be there too. Just make sure you double your annual salary by mid 30s.
Reply With Quote

  #9117 (permalink)  
Old 14-12-2015, 01:35 PM
Unregistered
Guest
 
Posts: n/a
Default

What the f this post is for? Comparing for f?
Reply With Quote
  #9118 (permalink)  
Old 14-12-2015, 01:53 PM
Unregistered
Guest
 
Posts: n/a
Default

It's like comparing whose d*ck is longer...
Reply With Quote
  #9119 (permalink)  
Old 14-12-2015, 06:35 PM
Unregistered
Guest
 
Posts: n/a
Default

When to retire? It all depends on your retirement plan. If you plan to retire simply and humbly, you can retire any time. If you want to retire in luxury, you have to work for another 25 years until you're 75. It's your choice.

Another option is to retire overseas in a cheaper location. Many people already doing this.


Quote:
Originally Posted by Unregistered View Post
If this is our profile, when can we retire? Need sincere advice from forumers here:

Husband, 50. Wife, 51. Combined income $200k pa and we save $40k pa.
Son, 20. Daughter, 13. Still schooling.
Home is a three bedder condo, current valuation $980k. Mortgage remaining $188k.
Car is paid up. Other assets include CPF, cash, stocks, insurance policies.
Total net worth $2m.

Thank you for the advice.
Reply With Quote
  #9120 (permalink)  
Old 15-12-2015, 08:56 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
It's like comparing whose d*ck is longer...
Since you are fond of profanity, we will play along....

Only people with short d*cks don't like to compare. Hard truth.
People with normal or longer ones are ok.

Similarly, if you are on the lower end of the salary or wealth scale, it's ok. You are welcome to read the posts. If you feel inferior, please feel free to slunk back to edmw where you crawled from....... Lol
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 23 06-08-2017 05:46 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
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,624 Replies, 1,252,089 Views
Compare civil service salary ( 1 2 3... Last Page)
9,689 Replies, 5,449,601 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,307 Replies, 234,990 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,826 Replies, 1,057,920 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,978 Replies, 918,017 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
924 Replies, 739,452 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,208 Replies, 1,859,408 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
95 Replies, 62,827 Views
Career as Teacher ( 1 2 3... Last Page)
2,569 Replies, 1,551,589 Views
Local Uni Class of 2020 - COVID19... ( 1 2 3... Last Page)
247 Replies, 46,451 Views
Marsh Graduate Development Program ( 1 2 3... Last Page)
44 Replies, 4,300 Views
Lawyer Salary ( 1 2 3... Last Page)
5,702 Replies, 2,383,626 Views
Dsta ( 1 2 3... Last Page)
807 Replies, 533,833 Views
Pay grade at CSA ( 1 2 3... Last Page)
104 Replies, 23,727 Views
Cold calls/emails to HR ( 1 2)
13 Replies, 1,203 Views
Q: Management Associate at SGX ( 1 2 3... Last Page)
84 Replies, 11,904 Views
Insurance Agent to Bancassurance...
7 Replies, 5,125 Views
Roles in accenture singapore ( 1 2 3... Last Page)
329 Replies, 240,473 Views
ITE lecturer ( 1 2 3... Last Page)
121 Replies, 113,807 Views
Insurance Management Associate... ( 1 2 3... Last Page)
60 Replies, 16,260 Views
Diploma in Digital Marketing at...
2 Replies, 989 Views
Mask price discount in cb period
0 Replies, 57 Views
All about Home Affairs Senior... ( 1 2 3... Last Page)
168 Replies, 169,289 Views
Whats your net worth ( 1 2 3... Last Page)
2,710 Replies, 780,035 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,156 Replies, 879,539 Views
Dentist Salary
7 Replies, 6,052 Views
Fresh Grad from local U cant find... ( 1 2 3... Last Page)
55 Replies, 10,422 Views
Our Poll Results: 45% Fresh... ( 1 2 3... Last Page)
47 Replies, 21,215 Views
Singtel Management Associate... ( 1 2 3... Last Page)
124 Replies, 81,645 Views
Possible to earn passive income... ( 1 2)
12 Replies, 2,359 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:46 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2