How much are you earning per annum? - Page 953 - 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
  #9521 (permalink)  
Old 19-02-2016, 02:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Less stressful work yet with guarantee reasonable retirement life... Rarely happen to Singapore common folks.

Since death strike anyone anytime, common sense to retire early if possible.
Hearing too many cases where people die before their plan retirement age, some even spent all their life saving in hospital before their last day on sick bed.



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
  #9522 (permalink)  
Old 19-02-2016, 05:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
i smell bullsh*t
Nah thats the stench of some old dude who wet himself in bed bahaha

Reply With Quote
  #9523 (permalink)  
Old 20-02-2016, 10:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Congratulations! You have made it good. You're an inspiration to many young folks here. Yes, we need to choose our careers carefully. Don't make the mistake of others. I will heed your advice.

Btw, don't bother with the many old CMIs in this forum. They are just jealous sore losers.


Quote:
Originally Posted by Unregistered View Post
Today is a blessed day. It is raining. Rain is a blessing.

As I look out the window, I feel blessed as I can afford to enjoy the morning, lying on my bed. I recalled my earlier days as a high flying corporate executive. Those days were crazy days, rushing early in the morning, stuck in traffic, rushing from one meeting to another, flying from one city to another, rain or shine.

But it was worth it as the hard work enables me to earn a fortune. I had plenty of cash to invest. My many years of investments paid off extremely well. I'm now happily retired, my passive income from investments easily sustains my family. They are enjoying a good life too - living in a nice condo, going overseas holidays, driven around in a car, enjoying good food at restaurants, etc.

As a multi millionaire, I'm still busy, busy managing and growing my wealth, busy pursuing the many interests I had no time for previously, busy taking good care of my family, busy spending time with my very old parents and busy volunteering at charities and non profit organisations. Life is more meaningful and fulfilling. I'm healthier and happier.

In life, you have to make tough choices. Choose the wrong career and you can be working all your life. There are many people who did not enjoy a single day of retirement. They died before they retired. That's sad.

Choose the right high paying career, work hard, be the best in your field and become a multi millionaire. You can then afford to retire early and enjoy a full life.

Reply With Quote
  #9524 (permalink)  
Old 20-02-2016, 02:39 PM
Unregistered
Guest
 
Posts: n/a
Default

We knew this was coming. We were just counting down how long you will wait before writing this.

Seriously, you should see a psychiatrist. This is not fun anymore.

Quote:
Originally Posted by Unregistered View Post
Congratulations! You have made it good. You're an inspiration to many young folks here. Yes, we need to choose our careers carefully. Don't make the mistake of others. I will heed your advice.

Btw, don't bother with the many old CMIs in this forum. They are just jealous sore losers.
Reply With Quote
  #9525 (permalink)  
Old 22-02-2016, 10:32 AM
Unregistered
Guest
 
Posts: n/a
Default

very smart guy. DBS results extremely good


Quote:
Originally Posted by Unregistered View Post
The STI has rebounded stoutly the last 2 days and possibly will climb some more today taking the lead from DJIA. Does this point to the end of the bear market?

More importantly, have you guys pick up any gems during the recent sell down?

Because of my topping up my CPF RA to the full ERS with cash, I have only enough cash to grab 500 DBS shares (at $13.20), and 500 OCBC shares (at $7.56).

Nevertheless I was relieved that the rebound has "put back" $43k into my stock value in just 2 days. Overall the value of my holding is still down by $200k plus. Dividend wise, it seems to be holding up with some stock cutting dividends like sembmarine and kepcorp but others have increased theirs like SGX, Singpost and some of my REITs. As at Feb, I have collected $6k in dividends.
Reply With Quote
  #9526 (permalink)  
Old 26-02-2016, 05:49 PM
Unregistered
Guest
 
Posts: n/a
Default

We're a middle income/middle class graduate couple, 47 & 45, with two teenage children.

Here are our assets (combined)
1. Private condo (home), 3 bedroom, paid up. Valued at $1m.
2. Private condo (investment), 1 bedroom, paid up. Valued at $600k.
3. CPF savings $500k.
4. Cash $100k
5. Car, paid up. Current value $70k.

We have no debt and our combined net worth $2.27m.
Our combined income $214k pa and we save $40k pa cash.

Our annual expenses include food, utilities, car expenses, holidays, children's expenses, eating out at restaurants, branded clothes, branded bags and shoes, insurance, taxes, entertainment, parents' allowances (both sides), condo maintenance fees, etc.

To reward ourselves, we don't mind spending when it comes to eating good food at restaurants, wearing nice branded clothing and enjoying our holidays. We are also generous to our parents with the monthly allowances.

We plan to retire at 62. Our retirement plan is as follows.
1. Retire in our current condo home.
2. Buy annuities with cash savings.
3. Our multiple sources of passive income will be from investment condo rental, CPF Life and annuities.
Reply With Quote

  #9527 (permalink)  
Old 26-02-2016, 06:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Hi bro, I borrowed your format.

We're at 34/35, with 2 boys at 5 & 3.
Here are our assets (combined)
1. Private condo (home), 3 bedroom, Valued at $1m. Morgage left 50%.
2. CPF savings $180k.
3. Cash 600K, stocks ~1mil
4. New car at 140K. (50% loan)

Our combined net worth ~$2.2m.
Our combined income $440k pa after tax, and we save ~290k pa cash.
Current spending is at 12k per month, which includes everything from morgage, car, maid, childcare, holiday etc etc.

Maybe we spend too little, but we are already comfortable with current life style. Another concern is job security, and saving more is always good.

Quote:
Originally Posted by Unregistered View Post
We're a middle income/middle class graduate couple, 47 & 45, with two teenage children.

Here are our assets (combined)
1. Private condo (home), 3 bedroom, paid up. Valued at $1m.
2. Private condo (investment), 1 bedroom, paid up. Valued at $600k.
3. CPF savings $500k.
4. Cash $100k
5. Car, paid up. Current value $70k.

We have no debt and our combined net worth $2.27m.
Our combined income $214k pa and we save $40k pa cash.

Our annual expenses include food, utilities, car expenses, holidays, children's expenses, eating out at restaurants, branded clothes, branded bags and shoes, insurance, taxes, entertainment, parents' allowances (both sides), condo maintenance fees, etc.

To reward ourselves, we don't mind spending when it comes to eating good food at restaurants, wearing nice branded clothing and enjoying our holidays. We are also generous to our parents with the monthly allowances.

We plan to retire at 62. Our retirement plan is as follows.
1. Retire in our current condo home.
2. Buy annuities with cash savings.
3. Our multiple sources of passive income will be from investment condo rental, CPF Life and annuities.
Reply With Quote
  #9528 (permalink)  
Old 27-02-2016, 01:47 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi bro, I borrowed your format.

We're at 34/35, with 2 boys at 5 & 3.
Here are our assets (combined)
1. Private condo (home), 3 bedroom, Valued at $1m. Morgage left 50%.
2. CPF savings $180k.
3. Cash 600K, stocks ~1mil
4. New car at 140K. (50% loan)

Our combined net worth ~$2.2m.
Our combined income $440k pa after tax, and we save ~290k pa cash.
Current spending is at 12k per month, which includes everything from morgage, car, maid, childcare, holiday etc etc.

Maybe we spend too little, but we are already comfortable with current life style. Another concern is job security, and saving more is always good.
wow you got a huge inheritance ah
Reply With Quote
  #9529 (permalink)  
Old 01-03-2016, 04:25 PM
Unregistered
Guest
 
Posts: n/a
Default

$440k PA is quick sick -- investment banking/medical/law?
Reply With Quote
  #9530 (permalink)  
Old 01-03-2016, 09:02 PM
Unregistered
Guest
 
Posts: n/a
Default

This year 30/29, no children
Here are our assets (combined)
1. PC, currently under construction. 3 bedroom, bought at 1m++.
2. EC (home), bought at 800k years ago
2. CPF savings ~0.5m, diversified stocks ~0.5m
3. Cash 300k
4. Just changed new car at 100k, no loan

Combined income approx $350k pa
No longer saving any cash as our stockpile is already too generous. Money goes purely into investments and should be able to double our current portfolio size in another 5 years.
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
Compare civil service salary ( 1 2 3... Last Page)
16,343 Replies, 12,456,674 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
170 Replies, 309,205 Views
GovTech ( 1 2 3... Last Page)
5,162 Replies, 2,164,103 Views
Career as Teacher ( 1 2 3... Last Page)
10,839 Replies, 6,668,212 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,339 Replies, 4,771,176 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,311 Replies, 4,984,015 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,330,026 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,802 Replies, 1,044,621 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,054 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,457 Replies, 784,566 Views
Is getting a PMP worth it ?
4 Replies, 7,147 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,513 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,655 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,407 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,407 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,070 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,166 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,974 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,812 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,481 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,593 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,610 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,350 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,663 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,764 Views
MX12 reappointed at MX11
8 Replies, 832 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,622 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,370 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,990 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,627 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:30 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2