How much are you earning per annum?

Originally Posted by Unregistered

Add on annual income 110k

Annual income 110k is household or yours?

Originally Posted by Unregistered

Annual income 110k is household or yours?

Me . My Wife which we have not stay together earning maybe 60 pa.

Age 29 single.
70k p.a.
9 - 10k bonus.

Originally Posted by Unregistered

Age 29 single.
70k p.a.
9 - 10k bonus.

So is the 7-10k bonus included in the 70k pa?
Normally people include all earnings - basic, commission, bonus allowance etc into pa calculations

Originally Posted by Unregistered

So is the 7-10k bonus included in the 70k pa?
Normally people include all earnings - basic, commission, bonus allowance etc into pa calculations

70k p.a is my annual basic.

9 to 10k bonus are variable.

If add all in should be 79 to 80k.

120k per annum.

5 month bonus.

1st yr corporate finance analyst

Originally Posted by Unregistered

120k per annum.

5 month bonus.

1st yr corporate finance analyst

Which BB? Tell me your bank and I’ll tell you who your staffer is

Oil and gas ... 4th year ... $90k per annum

Low income guy, 50 yo. Income $45k pa only. 3 room flat paid up. No other assets except CPF savings.

Thinking of retiring in a cheaper place. Some people here suggested Malaysia and Thailand. I think we will retire in JB when we reach 55. We can rent a new 3 room condo for RM1500 pm. Other expenses such as food, car, electricity, water, entertainment, medical and travel will cost us RM3500 pm. In total we will spend RM5000 pm.

We will rent out our flat at S$2000 pm and convert to RM6400 pm. This passive income will pay for our retirement expenses in JB. We can still save RM1400 pm.

When we reach 65, our CPF Life will give us S$4000 pm. After convert to RM, we will get RM12400 pm. So our total passive income will be RM18800 pm. We can upgrade our retirement by renting a condo in a prime location in KL. We can also go holidays to Europe every year.

Originally Posted by Unregistered

Which BB? Tell me your bank and I’ll tell you who your staffer is

Why must it be bulge and not boutique? 🙂