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13-07-2015, 08:57 PM
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Junior Member
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Join Date: Jul 2015
Posts: 3
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36, 39 both working.
Combined annual income: 210k
Extra income: 12k per year
Combined Cash: 320k
Combined CPF: 525k
Stocks: 30k
2nd Property value: 820k
Value of property which we stay in: 500k, fully paid
Insurance savings: 100k upon maturity
Outstanding car loan: 52k
Outstanding property loan: 650k
Annual expenditure: 75k
how are we doing? are we over leveraged?
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13-07-2015, 10:22 PM
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Quote:
Originally Posted by Vue
36, 39 both working.
Combined annual income: 210k
Extra income: 12k per year
Combined Cash: 320k
Combined CPF: 525k
Stocks: 30k
2nd Property value: 820k
Value of property which we stay in: 500k, fully paid
Insurance savings: 100k upon maturity
Outstanding car loan: 52k
Outstanding property loan: 650k
Annual expenditure: 75k
how are we doing? are we over leveraged?
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You are so rich.... Can I be your 小三?
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14-07-2015, 02:37 PM
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currency trader
annual income ard $200K
condo fully paid, valued 800K
car fully paid up
stocks ard $200K
CPF and cash ard $250K
don't use credit cards much except for petrol promos
prefer to be untraceable
take holidays 3-4 times a year aver 5K spending each time
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14-07-2015, 03:54 PM
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Quote:
Originally Posted by Bank Employee
currency trader
annual income ard $200K
condo fully paid, valued 800K
car fully paid up
stocks ard $200K
CPF and cash ard $250K
don't use credit cards much except for petrol promos
prefer to be untraceable
take holidays 3-4 times a year aver 5K spending each time
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If you are 30, you are doing great!
If you are 60, then...
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14-07-2015, 05:01 PM
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Quote:
Originally Posted by Unregistered
If you are 30, you are doing great!
If you are 60, then...
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Lol, sorry forgot to add I'm 38
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14-07-2015, 05:11 PM
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I also want to know whether I can retire as of now.
I am in my early 20s
savings: 800K++
property: 3 condo and one semi d under my name (I rent out 3 condo for around a total gain of 7.8k) all property paid. (due to inheritance)
stocks worth of 1.2million: monthly dividends of around 4000 on average.
can retire?
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14-07-2015, 05:20 PM
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No you cannot retire. According to some old folk here, even if your net worth is $5m, you cannot retire. Work hard until you are 80 years old. Then leave behind your millions to your children who can then retire early.
Quote:
Originally Posted by Unregistered
I also want to know whether I can retire as of now.
I am in my early 20s
savings: 800K++
property: 3 condo and one semi d under my name (I rent out 3 condo for around a total gain of 7.8k) all property paid. (due to inheritance)
stocks worth of 1.2million: monthly dividends of around 4000 on average.
can retire?
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14-07-2015, 05:34 PM
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Quote:
Originally Posted by Unregistered
No you cannot retire. According to some old folk here, even if your net worth is $5m, you cannot retire. Work hard until you are 80 years old. Then leave behind your millions to your children who can then retire early.
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So serious? I thought I finish study le can relax and go holiday, cause my monthly income is more than 10k which is more than most of the people here.
I intent to hoot another condo soon as i intent to push my income to 15k before graduate
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14-07-2015, 05:37 PM
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also i dont intent to get married. want to have freedom of love hahaha
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