How much are you earning per annum? - Page 1374 - 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
  #13731 (permalink)  
Old 23-03-2023, 09:05 AM
Unregistered
Guest
 
Posts: n/a
Default

34 yo 150k PA (incl bonus)
in a bank

Reply With Quote
  #13732 (permalink)  
Old 23-03-2023, 12:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Next year I will be 55. I will set aside $309k for my CPF Life Enhanced Retirement Sun (ERS) so that I will receive $2500 pm at 65.

I will also retire next year as I have $500k (cash + CPF) for me to spend from 55 to 65. I will not spend the whole amount. I expect to spend $30k pa in retirement.

My 3 bedroom luxury condominium unit is fully paid up and I am debt free.

My CPF Life and condo are my retirement assets.

Although I’m not rich, I consider myself lucky and successful in life.

Time for me to relax next year. I’ve been working so hard for a long time.
you deserve to retire early (not really early though cos there are those more successful ones who retired in their 40s) because your net worth is nore than $1 mil or maybe $10 mil depending on the value of your condo

Reply With Quote
  #13733 (permalink)  
Old 23-03-2023, 02:28 PM
Unregistered
Guest
 
Posts: n/a
Default

Good retirement plan. Retirement is all about lifestyle. If you need $200k pa to retire, then you will never retire. You have a luxury condo which you can monetise if you need to. $30k pa is actually quite a lot for a retiree who is debt free. Food and utilities should not cost too much for a single person. Unless you eat at restaurants frequently.

Quote:
Originally Posted by Unregistered View Post
Next year I will be 55. I will set aside $309k for my CPF Life Enhanced Retirement Sun (ERS) so that I will receive $2500 pm at 65.

I will also retire next year as I have $500k (cash + CPF) for me to spend from 55 to 65. I will not spend the whole amount. I expect to spend $30k pa in retirement.

My 3 bedroom luxury condominium unit is fully paid up and I am debt free.

My CPF Life and condo are my retirement assets.

Although I’m not rich, I consider myself lucky and successful in life.

Time for me to relax next year. I’ve been working so hard for a long time.

Reply With Quote
  #13734 (permalink)  
Old 25-03-2023, 10:29 AM
Unregistered
Guest
 
Posts: n/a
Default

54M, retired. Condominium home fully paid. Car fully paid. Earn passive income from investments.
Reply With Quote
  #13735 (permalink)  
Old 25-03-2023, 10:46 AM
Unregistered
Guest
 
Posts: n/a
Default

30k a year.
Reply With Quote
  #13736 (permalink)  
Old 25-03-2023, 08:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Varies from S$111k to S$150k pa.

We have a fully paid up 3 plus 1 bedder freehold condo in Sg and a JB cluster semid now rented out.

We can rent out our Sg condo for S$5k a mth and retire in our JB semid.

Except that we have 2 teenage boys so prob need to wait for them to be independent first.

We have about S$800K cash and investments and can also live off that till retirement at age 65 years old as we r about 50 years old. S$800K DIVIDED by S$4000 a mth can last us till 65 years old. S$4k plus S$1k in rental income will give us S$5k per mth which is sufficient. CPF life would be about S$3-4k for both of us too.
Reply With Quote

  #13737 (permalink)  
Old 26-03-2023, 06:21 AM
Unregistered
Guest
 
Posts: n/a
Default

We are an average performing SG couple (52 and 54 years old) with only a combined income of $150k pa. We are debt free. Our children are in university in SG so we can’t retire yet. We will retire at about 58 years old, when they start working and renting their own place.

We plan to retire in Penang or KL. We have relatives and friends in Malaysia. Our fully paid SG condo can be rented out for SGD 4k pm (MYR 13k pm). This passive income is sufficient for two of us. Renting a nice, new condo in Penang or KL costs only MYR 2k pm.

At 65, our CPF Life will give us SGD 5k pm. So our passive income will be SGD 9k pm (MYR 30k pm). With this amount of passive income, we can travel the world and retire like a billionaire in Malaysia.
Reply With Quote
  #13738 (permalink)  
Old 26-03-2023, 09:48 AM
Unregistered
Guest
 
Posts: n/a
Default

36, single, 600K spread out over bonds and stocks. Passive income 1.4K per month. Stay in 3R hdb with no car. Only Entertainment is watching Netflix and jogging. Eat in restaurants with friends once a month, other times will be at coffeeshop or Food courts. Travel to Batam twice a year for holidays. Have been working in high stress engineer job since graduation from university. Thinking of semi retiring and taking on simpler jobs like admin, I’m ok with 2K per month jobs. Is this plan feasible?
Reply With Quote
  #13739 (permalink)  
Old 26-03-2023, 03:06 PM
Unregistered
Guest
 
Posts: n/a
Default

damn, all these people can probably retire early. I'm 29F, only drawing 150k/annum, private grad. That's like below average here.
Reply With Quote
  #13740 (permalink)  
Old 26-03-2023, 04:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
damn, all these people can probably retire early. I'm 29F, only drawing 150k/annum, private grad. That's like below average here.
What industry are you in?
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
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,329,030 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,434 Views
Career as Teacher ( 1 2 3... Last Page)
10,833 Replies, 6,665,744 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,043,969 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,308 Replies, 4,983,058 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,285 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,563 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,588 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,396 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,369 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,711 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,005 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,770,202 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,454,916 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,113 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,905 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,804 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,017 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,380 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,552 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,182 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,473 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,561 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,454 Views
MX12 reappointed at MX11
8 Replies, 810 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,511 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,069 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,963 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,580 Views
Singapore Airlines ( 1 2 3)
22 Replies, 11,279 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:21 AM.


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