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How much savings do you have?

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  #1361 (permalink)  
Old 06-01-2025, 07:23 PM
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43m single; no car , hdb fully paid. Passive income 1.7K pm. Monthly expenditure is around 1.1K.

Is it wise to step down from current stressful job with long working hours that pays 9K pm to take on a job which is less demanding and pay 2 to 3 K? Admin type of job is fine. Local Degree holder here, want to explore diploma level jobs.

Appreciate any advice. Thanks.

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  #1362 (permalink)  
Old 08-01-2025, 04:40 AM
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Couple 54 with 2 uni kids. Just done a asset review.

Property1= $3.0m (fully paid)
Property2= $1.8m (fully paid) - rental
All CPF= $2.2m
Stocks= $1.7m
Bonds= $0.4m
FD & cash in high yield= $0.8m

I think we are ready to retire soon.

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  #1363 (permalink)  
Old 09-01-2025, 08:19 PM
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Quote:
Originally Posted by Unregistered View Post
Couple 54 with 2 uni kids. Just done a asset review.

Property1= $3.0m (fully paid)
Property2= $1.8m (fully paid) - rental
All CPF= $2.2m
Stocks= $1.7m
Bonds= $0.4m
FD & cash in high yield= $0.8m

I think we are ready to retire soon.
In your dreams…..2.2m cpf…..joke….time to do your grab delivery job

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  #1364 (permalink)  
Old 10-01-2025, 11:33 AM
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In your dreams…..2.2m cpf…..joke….time to do your grab delivery job
Someone even shared he and wife have 4M in cpf accounts. Not joke
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  #1365 (permalink)  
Old 11-01-2025, 09:00 AM
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Quote:
Originally Posted by Unregistered View Post
43m single; no car , hdb fully paid. Passive income 1.7K pm. Monthly expenditure is around 1.1K.

Is it wise to step down from current stressful job with long working hours that pays 9K pm to take on a job which is less demanding and pay 2 to 3 K? Admin type of job is fine. Local Degree holder here, want to explore diploma level jobs.

Appreciate any advice. Thanks.
If you're remaining single, you can definitely take it slow and retire early too. You even have housing already. Can already enjoy life
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  #1366 (permalink)  
Old 12-01-2025, 02:42 PM
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Originally Posted by Unregistered View Post
43m single; no car , hdb fully paid. Passive income 1.7K pm. Monthly expenditure is around 1.1K.

Is it wise to step down from current stressful job with long working hours that pays 9K pm to take on a job which is less demanding and pay 2 to 3 K? Admin type of job is fine. Local Degree holder here, want to explore diploma level jobs.

Appreciate any advice. Thanks.
Yes, why not. You can even fire if you want, but choosing to work an easier job is definitely a wise choice. Keeps you away from the stress and yet keeps you occupied.


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