How much are you earning per annum?

Originally Posted by Unregistered

damn, all these people can probably retire early. I'm 29F, only drawing 150k/annum, private grad. That's like below average here.

With your salary, you can aim to save and invest 100K per year. Within 10 years, you should have more than 1mil, you are doing quite well and can look forward to fire as well

Originally Posted by Unregistered

damn, all these people can probably retire early. I'm 29F, only drawing 150k/annum, private grad. That's like below average here.

You are already outperforming many local grads and even more against other private grads.
If you continue this progression, you should be able to retire earlier than most

Originally Posted by Unregistered

What industry are you in?

I'm in finance

Quite shock to hear people earning $60k to $200k per annum package at 25 to 39 years old. I am 35 and most of my peers at earning $200k+ per annum. Half of them are managerial position.

Originally Posted by Unregistered

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.

Brilliant retirement plan. MYR 30k pm is like the earnings of a very rich couple in Malaysia. You can travel first class every few months.

Originally Posted by Unregistered

Quite shock to hear people earning $60k to $200k per annum package at 25 to 39 years old. I am 35 and most of my peers at earning $200k+ per annum. Half of them are managerial position.

it's true I am the 200k

me 45, wife 44
combined cpf>1m
cash plus equities ard 1.4m
house is for stay so no count
car is depreciating asset so no count
no debt
annual household income ard 300k
2 children, 1 in pri 1 in sec
intend to continue working until they finish uni

how are we?

Originally Posted by Unregistered

Quite shock to hear people earning $60k to $200k per annum package at 25 to 39 years old. I am 35 and most of my peers at earning $200k+ per annum. Half of them are managerial position.

://stats.mom.gov.sg/Pages/IncomeTimeSeries.aspx

It is not shocking that there are many people at that age group earning below 200kpa.
You can download the gross monthly income from the above link to understand that majority (>90%) of these age group range earning below 200kpa.

It is just your circle of friends is earning higher income.

Originally Posted by Unregistered

://stats.mom.gov.sg/Pages/IncomeTimeSeries.aspx

It is not shocking that there are many people at that age group earning below 200kpa.
You can download the gross monthly income from the above link to understand that majority (>90%) of these age group range earning below 200kpa.

It is just your circle of friends is earning higher income.

wtf u talkin about?

u know all these are collected data stats right? if high incomers dont share their income and only poor fks like u share, confirm everyone below 200k

think pls

My annual pay is about S$125k now. Used to be max S$150k. And I work as a GP Dr. Lower than most Drs my age because I didn't specialise and I work fewer hrs.

But my networth is greatly increased by our property investments through the years.