What's your annual income?
What's your wife's annual income?
How much are you and wife paying in mortgage payments every month?
Any car loan payments?

My gross - $160k pa
My share of mortgage, maintenance, prop tax - $3.4k pm
Car is paid up
I save about 45% of annual gross

Me (38) and my wife (35) combined,

Net worth: 1.6M comprise of
- Cash and deposits: 200k
- HDB net equity: 350k
- Condo net equity: 200k
- Stocks equity: 630k
- CPF OA+SA: 250k

Cash flow Per Annum
- Combined savings: 85k
- Passive income: 45k
- HDB loan: 12k
- Condo loan: zero, offset by rent.
- no other loans.

We have 2 kids and non-dependent parents.

You are doing very well. Any plans to upgrade to living in a condo?

Wah got a lot of rich people here sia.... my $$ luck not so good. Everything still on loan, savings just nice only for 1month rainy day...

Don't count on luck, better to buck up and work hard.

Don't know how old you are, but if young still got time to wake up and catch up. If you're in your 40s, then you will really need luck.

Only 1 month's saving for rainy day? You are very, very far behind.

Me 38 and wife 36 combined:

Net worth a little over $3M comprising:

$1.8M net value of home
$480K cash
$270K stocks
$230K unit trusts
$60K cpf OA and SA
$200K car and luxury goods

Do you know that you can actually retire now? Convert your $3m to RM and you get RM7.8m !!! You're a multi millionaire tycoon in Malaysia. Food for thought.

45/43, 2 kids 19/12
Home is a condo worth $1.1m, fully paid up last year.
CPF total $600k
Cash total $700k
No other investments.
Had bad experience investing.
Prefer cash.
Total net worth $2.4m.

How old are you?

What's your personal net worth and your combined net worth with your wife (if you are married)?

Shameful indeed!

SHAME ON YOU!!!!

Can i check a few points on your post ?

1.From what you are posting, you are living in HDB worth around 400k and renting out your condo.

2. From your passive income, you are getting $45k which i take it to be from your equity ? If so, you are earning quite a bit from there as it is like 7% dividend return. - > Good call !

3. But if your passive income of $45k includes your rent, then are you double counting since your rent offset your condo loan ? Or are you using CPF OA to pay off your loan hence you see this $45k as cash inflow ?

4. If your 45k is strictly from rent, then your loan is approx 1m( assume 30 yr, 1.5% hence your condo is 1.2 million worth ?

5. All in all, your portfolio has a investment theme t ie equity+ property. So I presume you r know more than the average joe and have taken calculated risk for this strategy.

47 yo uncle
Not much savings
CPF OA $40k
CPF SA $140k
CPF MA $42k
Cash savings $20k

Why is your savings so little? Is it because you dont earn much? How much is your income?

By the way, dont call yourself uncle when you're only 47. Dont sell yourself short.

Male 29, married no kids.
80k in bank, 7k in securities, 30k in CPF.

4 room HDB, bought at 470k, currently servicing loan.

Need advice for more passive income pl
 

'O' level couple
Husband, 54, semi-retired due to health reasons.
Wife, 49, small biz owner, income around 60-80k pa
Condo 1.1m fully pd up
car loan 25k (decided not to pay up as there is no incentive)
Cash savings 700k in FD
Alt investments 400k
Stocks 200k
CPF OA/SA 100k, medisave, 80k
3 children in Sec & uni.

Our income has depreciated sharply from $250kpa to current $80k pa, due to poor market sentiments and hb poor health.

Is it a good time to pick up blue chips? Any recommendations pl.
Any gd advice to increase our passive income?
Thanks.

Savings
 

Age 34, married no kids yet.

Stock Investments: $50,000
FD $20,000

Car - Outstanding Loan $60,000
HDB - Market Value $530,000, Outstanding Loan $140,000

Hope to hit $100k investable net worth by end of the year.

Regards,

Age 38, wife 36. Professionals with combined annual income of $400K

Investments:
Cash and stocks: $800K
Unit trusts and Cpf: $250K

Other assets:
Freehold terrace house: $2.6M
Luxury goods: $150K
Car: $50K

I think we are doing quite well for our age

49, earns $90k pa. Spouse, 45, stopped working due to health matters.
We bought our condo in 2005 for $700k, now it is worth $1.2m, paid up.
No car. One kid.
Our annual expenses is $60k pa.
We save $30k pa.
Cash and CPF funds $400k.
Our net worth $1.6m.
Our condo is our key retirement asset besides our CPF funds.
We are lucky to buy our condo at the right time.

Congrats on your achievements. Is the terrace house fully paid up? If not, how much is the remaining loan?

sorry to hear about your spouse. do not worry, both of you can still retire well. since you save $30k pa, you will have $480k by the time you are 65. at 65, you can sell your condo and buy a small condo or a hdb flat. you will then a cash balance which you can invest. let's say you have $1m cash. you can invest in 5% dividend yeild stocks to give you $50k pa or $4100 pm. Make sure you both each put in $241,500 in your CPF retirement account at 55 so that at 65 you both each will get $1800 pm ($3600 pm as a couple). so in total you will have a passive income of $7766 pm.

Thank you :)

The loan is around $500K, so net worth is about $3.3M

Thanks for the advice.
Actually this is our retirement plan:
1. Sell our condo at a very conservative price of $1.3m in 2031.
2. Invest $1.3m cash in a portfolio of investments giving a conservative 4% dividend yield hence giving us $52k pa or $4333 pm.
3. Get monthly payout of CPF Life $3,600.
4. Buy a condo in Penang from our cash savings. We have family and friends there.
5. Our retirement passive income will be $7,933 pm or $95k pa.
6. Convert to RM, we get RM20,625 pm or RM247k pm.
7. We can travel the world with our savings as the expenses will be just RM4k pm for food, utilities and groceries.

You have a good retirement plan. It is good to be open minded. The world is our oyster. We are lucky as we are among the richest people on the planet. Not many people know or appreciate how fortunate we are. While billions of people struggle to survive, we worry about whether we can afford to upgrade to a condo.

All the world's.....
 

All the world's a stage......... 自导自演，好！

Hi
This year i am 32 year old single. i only have 30k saving. How did you guys save so much

we lie.
I am 28 year old and I have saved 88k so far.

Not guaranteed. the couple can lose all that money too.

the 3 things that are needed: diligent savings, well timed investments and job promotion.

just to share my wife and I had $200K at 28 (we saved about $40K a year combined on average till that point), but some well timed property investments in 2003, 2009 and 2010 netted us around $1.7M.

my income from salary and stock dividends also increased from $3K per month to $20K per month over 11 years, which increased our savings.

that's how we grew our net worth from $200K to $3M in 11 years.

But it's hard to ensure that investments always make money. Corollary: investments can be loss making.

And then there are people who refuse to sell because they do not want to realize the losses. Their money will be stuck for a long time and can't be used for other opportunities.

Turning 37 soon, single

Shoebox apt worth 650-670k (mortgage 433k)

Cash 350-370k

Zero car loans, except insurance policy.

Any better suggestions

You seem to be holding more cash than your expenses demand, assuming typical liabilities and spending for one who is single.

Consider long-term investments in blue chips (i.e. adopt a buy and hold strategy, rather than do speculative trading) for income at yields much better than saving accounts or FDs can offer, before inflation erodes their value.

In case you are wondering whether I practise what I preach, I am a few years younger than you, and I hold only 15% of my liquid assets in cash, and 85% in equities generating about 6.5% yield pa. I still have a mortgage of about $700k, but I have a very stable job, so I don't worry too much about income loss and don't really see the need for a huge emergency fund. The dividends from my stocks can also cover over 50% of my monthly mortgage. I am also mentally prepared to liquidate some of my shares (even at a loss) if my emergency fund runs out.

I do not know, however, whether this is the best time for one to begin investing in the stock market. My existing stock holdings were all purchased quite a while ago, and I haven't been monitoring the markets very closely, but they do seem a little toppish.

Thanks for the feedback,

However I'm a noob in stocks and shares. Don't know where to start it off

Our retirement fund allocation (late 30s):

Cash: $460K
Stocks: $270K
Fixed income: $220K
Cpf: $50K

How come your cpf is so little?

How much is you and wife's (combined) cpf OA, SA and MA?

Is your condo paid up in full or still got loan? How much loan left?

How much dividends reckon based on my principle amount could achieve..if put in stocks
Thanks

It depends on your dividend yield (%), which in turn depends on your choice of stocks and entry price.

You can refer to ://.investmentmoats.com/DividendScreener/DividendScreener.php for the yield at the given price and dividend for the top dividend-yielding stocks on SGX.

Assuming a conservative 5% yield p.a., a principal amount of $300k would yield $15k in dividends a year.

Still have $500K loan on our $2.6M landed property. The loan repayment is quite manageable, less than 10% of my monthly income.

serious anot? i think 80% of the people her just ********ting

Are you one of those ppl who think something is not possible because u urself cannot achieve it?

Hahahahaha.