How much are you earning per annum?

Originally Posted by Unregistered

Just make sure you learn marketable skills so you can jump if you want to in the future

If stagnate on the job, ownself learn in own free time will be considered relevant experience too right?

Originally Posted by Unregistered

If stagnate on the job, ownself learn in own free time will be considered relevant experience too right?

not just learn, u should find ways to demonstrate it in your cv or actions

7 YOE
150k base, bonus 3-6 months
Bank

Total household couple filed 750k in 2021
Quite a hefty income tax bill

Originally Posted by Unregistered

Total household couple filed 750k in 2021
Quite a hefty income tax bill

yup thanks for your contribution. we need you more when gst goes up

30 years old, total compensation around $315k (IT industry)

25 yrs old, working in IB investment bank, 450k per annum not including AWS

Originally Posted by Unregistered

30 years old, total compensation around $315k (IT industry)

Nice, please contribute more to IRAS this year.

Originally Posted by Unregistered

25 yrs old, working in IB investment bank, 450k per annum not including AWS

IB got AWS?

Originally Posted by Unregistered

Our apartment is fully paid and we have about $300k in total in our combined CPF OA. We plan to retire in about two years when we reach 55. Our $300k will last us over the ten years from 55 to 65. Our CPF Life will provide us a total of $4k pm when we reach 65. We plan to retire modestly as we will no longer own a car and can cook our own meals. A retired couple needs only about $2k pm.

Retiring at 55 is just nice, not too early neither too old. If $300k is not enough, you can consider downgrading. Maybe you can sell your current home and move to a smaller home. This can maybe give you an extra $200k in cash.