How much savings do you have?

36 yo, 170k cash+stocks. 5 room HDB w outstanding $120k loan. Single and dont have a car. $85k per annum job. Rental income $1400 per month. Feeling v poor now after reading thru this thread.. ;(

Originally Posted by Unregistered

36 yo, 170k cash+stocks. 5 room HDB w outstanding $120k loan. Single and dont have a car. $85k per annum job. Rental income $1400 per month. Feeling v poor now after reading thru this thread.. ;(

You rent out each of your spare room for $700 per room?
You're doing fine. Just need a wife.

Originally Posted by Unregistered

You rent out each of your spare room for $700 per room?
You're doing fine. Just need a wife.

Yes. Haha no girls like me as im not handsome enuf not successful enuf. No car also v hard to get a gf..

Dont really dare to start a family too w my income. Unless get a rich wife.

how much savings, debt/liabilities u all have and what age? i am 27 male, 1.4k per per month gross, so take home about 1k... few hundreds in bank account total.. what about u all?

Originally Posted by Unregistered

how much savings, debt/liabilities u all have and what age? i am 27 male, 1.4k per per month gross, so take home about 1k... few hundreds in bank account total.. what about u all?

33 yo. Salary 3.5K pm. Savings 8K cash. Drives a Honda civic. No stocks. Single. Planning to apply BTO in two years time.

44 yrs old, wife 44 years old. Both working. no kinds.
we are DINKS.

mid level management.

combined earning about $180k p.a.

Combined Cash $510k
Combined stocks $300k
Combined CPF $545k

HDB fully paid.
Jap car, 9 yrs old, fully paid. Have to make a decision soon on the car.

Passive dividend income of about $1.5k per month.

Since you don't have kids, you can actually retire in JB now.
Rent out your flat for $2.5k pm, so your passive income in total is $4k pm.
Convert to RM, you get RM12k pm. More than enough to retire in luxury in JB.
It doesn't cost that much to retire in luxury in JB.

Rent a 3 bedroom luxury condo unit in JB RM2k pm
Car expenses RM500 pm
Utilities, food, groceries, eating at restaurants RM2k pm
Entertainment and travel RM1k pm
Misc RM500 pm
Total expenses RM6k pm
Total savings RM6k pm

Originally Posted by Unregistered

44 yrs old, wife 44 years old. Both working. no kinds.
we are DINKS.

mid level management.

combined earning about $180k p.a.

Combined Cash $510k
Combined stocks $300k
Combined CPF $545k

HDB fully paid.
Jap car, 9 yrs old, fully paid. Have to make a decision soon on the car.

Passive dividend income of about $1.5k per month.

Sounds good on paper. But it is not easy if you are non-malay.

The safety factor in Singapore is priceless.

Originally Posted by Unregistered

Since you don't have kids, you can actually retire in JB now.
Rent out your flat for $2.5k pm, so your passive income in total is $4k pm.
Convert to RM, you get RM12k pm. More than enough to retire in luxury in JB.
It doesn't cost that much to retire in luxury in JB.

Rent a 3 bedroom luxury condo unit in JB RM2k pm
Car expenses RM500 pm
Utilities, food, groceries, eating at restaurants RM2k pm
Entertainment and travel RM1k pm
Misc RM500 pm
Total expenses RM6k pm
Total savings RM6k pm

47 & 45, combined income $160k pa. Two school going children.

Condominium, worth $1.1 mil, mortgage left $200k. Car, paid up.

Cash $70k
CPF and stocks $600k

I think we are doing ok. Middle class family leading a middle class lifestyle.

Age:25
Education: A levels
Status: Single (Cant find gf
Income PA: $120k
Savings: 60k
CPF:20k

Just cleared my loan of 60k