How much are you earning per annum?

Originally Posted by Unregistered

46yo female, c.servant, $105k per annum, annual investment returns, set.100k

$205k pa is a lot. How much does your husband make? How many children do you have?
Do you live in a landed property?

32yo
Overseas degree
Consultant
130k pa

Well done. I have been trying to get my two children who had just entered the workforce to start thinking about savings and investing for their future.

For myself, I am 56+, $300k pa work income, and passive income at $140kpa. Spouse's income $150k pa.

The way we see it, we ourselves are the still our best asset. Our passive income cannot replace our work income. Hard to stop work and forgo all these income.

Originally Posted by Unregistered

46yo female, c.servant, $105k per annum, annual investment returns, set.100k

Originally Posted by Unregistered

Well done. I have been trying to get my two children who had just entered the workforce to start thinking about savings and investing for their future.

For myself, I am 56+, $300k pa work income, and passive income at $140kpa. Spouse's income $150k pa.

The way we see it, we ourselves are the still our best asset. Our passive income cannot replace our work income. Hard to stop work and forgo all these income.

Old man, you're addicted to wealth.

Originally Posted by Unregistered

Well done. I have been trying to get my two children who had just entered the workforce to start thinking about savings and investing for their future.

For myself, I am 56+, $300k pa work income, and passive income at $140kpa. Spouse's income $150k pa.

The way we see it, we ourselves are the still our best asset. Our passive income cannot replace our work income. Hard to stop work and forgo all these income.

both me & wife are 48 this year, household income submitted for tax is $440k.
i agree with you. it's hard to give up this salary even if we can chose to retire right now.

I'm 27 and earning 90k pa. I hope I am able to give up my 300k pa job in the future. All the posters seem to have enough money to retire but unwilling to give up the income. How to enjoy life if u have to spend all ur time working

Middle income, 47 & 45, $190k pa in total.
We are savvy property investors. Bought our condos at the right time.
Home is a 3 bedroom condo, paid up.
Investment condo (high quality, high demand for rental, investment grade), paid up.
Car paid up.

We plan to retire in ten years time, at 57 & 55. Our passive income from investment condo rental and annuities will be more than our projected expenses as a retired couple. When we reach 65, our CPF Life starts paying us.

When we retire, our children (we are blessed with smart children) will likely be working and expected to earn good salaries. Once they got married, they will be staying with their spouses in their own BTO flats. Our children and future grandchildren can visit us over the weekends to enjoy our condo's facilities.

We are looking forward to a good retirement.

Originally Posted by Unregistered

Middle income, 47 & 45, $190k pa in total.
We are savvy property investors. Bought our condos at the right time.
Home is a 3 bedroom condo, paid up.
Investment condo (high quality, high demand for rental, investment grade), paid up.
Car paid up.

We plan to retire in ten years time, at 57 & 55. Our passive income from investment condo rental and annuities will be more than our projected expenses as a retired couple. When we reach 65, our CPF Life starts paying us.

When we retire, our children (we are blessed with smart children) will likely be working and expected to earn good salaries. Once they got married, they will be staying with their spouses in their own BTO flats. Our children and future grandchildren can visit us over the weekends to enjoy our condo's facilities.

We are looking forward to a good retirement.

Wow envy you. You are our role model

Originally Posted by Unregistered

Middle income, 47 & 45, $190k pa in total.
We are savvy property investors. Bought our condos at the right time.
Home is a 3 bedroom condo, paid up.
Investment condo (high quality, high demand for rental, investment grade), paid up.
Car paid up.

We plan to retire in ten years time, at 57 & 55. Our passive income from investment condo rental and annuities will be more than our projected expenses as a retired couple. When we reach 65, our CPF Life starts paying us.

When we retire, our children (we are blessed with smart children) will likely be working and expected to earn good salaries. Once they got married, they will be staying with their spouses in their own BTO flats. Our children and future grandchildren can visit us over the weekends to enjoy our condo's facilities.

We are looking forward to a good retirement.

Congrats. Hard to replicate this for the next generation. Any property bought 20 years ago will make a lot of money. Nowadays with all the cooling measures, hard to make as much money they property investment. Enjoy ur retirement!

Originally Posted by Unregistered

Congrats. Hard to replicate this for the next generation. Any property bought 20 years ago will make a lot of money. Nowadays with all the cooling measures, hard to make as much money they property investment. Enjoy ur retirement!

The older generation made it all, and have it all.

The next generation will have to carry the burden of inflated housing prices.