How much savings do you have? - Page 30 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property, building net worth and retirement matters




How much savings do you have?

Reply
 
Thread Tools
  #291 (permalink)  
Old 09-09-2012, 01:36 AM
Unregistered
Guest
 
Posts: n/a
Default

Great to see many millionaires here in this forum. Surprisingly hasn't seen anyone say their source of wealth is from inheritance, as this is a common avenue of wealth accumulation.

Reply With Quote
  #292 (permalink)  
Old 13-09-2012, 08:50 PM
Unregistered
Guest
 
Posts: n/a
Default

Looking at how much money you all have makes me feel bad! I'm 35 and starting to break 100K in my annual income. Have some small savings here and there but nothing like what you guys mention. Is it too late for me to start at 35?

Reply With Quote
  #293 (permalink)  
Old 13-09-2012, 11:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Looking at how much money you all have makes me feel bad! I'm 35 and starting to break 100K in my annual income. Have some small savings here and there but nothing like what you guys mention. Is it too late for me to start at 35?
never too late and better late than never.

start saving now. if you earn 100k, you can save 70k. wait for downturn and buy stocks and condos.

Reply With Quote
  #294 (permalink)  
Old 14-09-2012, 03:57 AM
Unregistered
Guest
 
Posts: n/a
Default

Married, mid 30s.

200K stocks, 600K cash, 1.5M home value net of loan.

Comfortable but nothing fantastic
Reply With Quote
  #295 (permalink)  
Old 15-09-2012, 12:29 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Married, mid 30s.

200K stocks, 600K cash, 1.5M home value net of loan.

Comfortable but nothing fantastic
Agree.....
Reply With Quote
  #296 (permalink)  
Old 15-09-2012, 10:31 PM
Unregistered
Guest
 
Posts: n/a
Default

married with 1 kid.
late 30s.
sole breadwinner
annual income 150K
20K cash
20K stock
15k CPF
parents/parents in laws to support.

not struggling but definitely will be if economy turns bad.
Reply With Quote

  #297 (permalink)  
Old 15-09-2012, 11:36 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
married with 1 kid.
late 30s.
sole breadwinner
annual income 150K
20K cash
20K stock
15k CPF
parents/parents in laws to support.

not struggling but definitely will be if economy turns bad.
You're already considered a high earner. Yet you also feel the pressure. Imagine the situation of those who earn much less.
Reply With Quote
  #298 (permalink)  
Old 17-09-2012, 09:19 AM
Unregistered
Guest
 
Posts: n/a
Default Agreed

Quote:
Originally Posted by Unregistered View Post
You're already considered a high earner. Yet you also feel the pressure. Imagine the situation of those who earn much less.

Yes, cannot imagine of those who earn lesser.

But wondering how others can afford expensive cars (Audi, Benz, BMW), condo whom I believe household income definitely more than $200K.

If not, they would be overstretching themselves with such luxury lifestyle.
Reply With Quote
  #299 (permalink)  
Old 20-09-2012, 09:32 PM
Junior Member
 
Join Date: Sep 2012
Posts: 3
maomaoma is on a distinguished road
Default

Hello all,

I am turning 24yo,
Starting working since 16, Gotten my Diploma and Degree through Part Time studies, finance it myself by working full time)
Married with 3 Kids (2yo, 1yo, 3mths - LOL)
BTO flat ready in 2014

Cash - 90k (I save 80% of my salary and didnt touch my bonus at all

before I got married 3 years ago)
Stocks - None

Still financing a normal jap
car.
4 years in Corporate/ Retail Sales
2 years in Civil Service (Current)

Took a break for 1year plus to care for my kids.

Last edited by maomaoma; 20-09-2012 at 09:36 PM.
Reply With Quote
  #300 (permalink)  
Old 08-10-2012, 02:00 AM
Unregistered
Guest
 
Posts: n/a
Default Doing Okay

59 years old, single earner, $95 K per year, no kids.

$750 K in cash, stocks, bonds, undeveloped real estate.

$250 K home paid for - no debt.

$4.8 K per month pension in six months if I decide to retire. We live in a suburb of Seattle and it's easy to live on $3.5 K per month.

We be doing okay.
Reply With Quote
Reply

Bookmarks

Tags
condo, cpf, house, retirement, savings, shares, stocks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Not enough savings for retirement Salary.sg Investments and Net Worth 0 14-05-2007 08:59 PM

» 30 Recent Threads
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,589 Replies, 964,202 Views
ST Electronics ( 1 2 3... Last Page)
361 Replies, 163,295 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,242 Replies, 1,000,709 Views
career at astar pays so low? ( 1 2 3)
21 Replies, 34,717 Views
Career as Teacher ( 1 2 3... Last Page)
1,990 Replies, 1,350,944 Views
Lawyer Salary ( 1 2 3... Last Page)
4,842 Replies, 2,056,729 Views
Constituency Manager (People... ( 1 2 3... Last Page)
807 Replies, 409,844 Views
NCS Salary range and Promotion...
1 Replies, 336 Views
anyone working at NCS ? ( 1 2 3... Last Page)
332 Replies, 252,908 Views
Need career advice
3 Replies, 546 Views
HSBC Career ( 1 2 3)
20 Replies, 35,563 Views
Compare civil service salary ( 1 2 3... Last Page)
8,906 Replies, 5,108,638 Views
MINDEF enlistment inspector
2 Replies, 275 Views
ITE lecturer ( 1 2 3... Last Page)
88 Replies, 100,194 Views
International Relations Careers
0 Replies, 113 Views
Job offer from Apple ( 1 2 3... Last Page)
285 Replies, 46,518 Views
SPF (Direct-Entry Inspector)
5 Replies, 456 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,682 Replies, 476,643 Views
Heineken APAC Graduate Programme ( 1 2 3... Last Page)
271 Replies, 110,360 Views
I am getting promoted in Jan 2020... ( 1 2)
17 Replies, 3,138 Views
Roles in accenture singapore ( 1 2 3... Last Page)
285 Replies, 222,578 Views
Anyone from Bank of America... ( 1 2)
14 Replies, 2,344 Views
Salary increment on contract...
1 Replies, 310 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,755 Replies, 815,272 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,848 Replies, 1,718,970 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
103 Replies, 86,449 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,005 Replies, 799,955 Views
Senior Lab officer @ IMRE
8 Replies, 4,092 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
35 Replies, 40,763 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,063 Replies, 469,764 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:08 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2