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06-09-2013, 03:14 PM
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Found this interesting chart
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06-09-2013, 06:13 PM
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When I was 30, I earned $45k pa. Net worth $100k.
When I was 40, I earned $200k pa. Net worth $1m.
Now I am 48, retired, earning passive income of $80k pa. Net worth, including condo, $3m.
I live a frugal but healthy lifestyle. Exercises everyday and eats healthy food. Doing charity work in various organizations. I'm not greedy to earn more as I believe making a difference to the poor and needy is more valuable than for me to spend on the next sports cars, a bungalow or lavishly disgusting lifestyle.
My friends, in their 50s, are still working, most earning $100k pa. Their net worth, including their HDB flats or condos, on average is about $800k.
So, don't worry about how much net worth you have today. Just work hard.
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07-09-2013, 08:56 PM
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You are much better than me.
30/male
assets less off gambling debts left with $11,100
CPF OA: $73,000
No car, no house.
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07-09-2013, 10:39 PM
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Quote:
Originally Posted by cheong88
Hi all,
Just wondering how much should a 30 years old should have....Some brief description of person, local uni grad, not a high flyer (average joe), single....
Is the following appropriate and reasonable?
CPF: $100,000
Life Insurance/Savings Plan: $50,000
Cash: $100,000
Just wanna seek your views and what do you is appropriate if differ from the above? thanks..
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I assume your salary is $80K or thereabouts, so it's at or slightly above what your net worth should be.
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11-09-2013, 11:42 AM
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32, female, single,
$3k per month
Cash $30k
Lives with parents
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25-09-2013, 11:29 PM
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Senior Member
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Join Date: Sep 2013
Posts: 36
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y TS have so much cash? learn to invest.
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26-09-2013, 09:44 AM
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Quote:
Originally Posted by Unregistered
Found this interesting chart
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It seems that there are more rich people proportionately in Singapore than in the US. Based on this chart, my income puts me at the top 10% of US earners but using the benchmarking tool on salary.sg I'm not in the top 10% of Singapore earners.
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28-09-2013, 01:29 PM
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Here is the profile of a successful 30 year old:
1. Married to a pretty wife, has two young kids.
2. Staying in a condo.
3. Has a car.
4. Annual income of $100k each.
5. Net worth of $1m.
Quote:
Originally Posted by cheong88
Hi all,
Just wondering how much should a 30 years old should have....Some brief description of person, local uni grad, not a high flyer (average joe), single....
Is the following appropriate and reasonable?
CPF: $100,000
Life Insurance/Savings Plan: $50,000
Cash: $100,000
Just wanna seek your views and what do you is appropriate if differ from the above? thanks..
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06-10-2013, 12:28 AM
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Quote:
Originally Posted by Unregistered
Here is the profile of a successful 30 year old:
1. Married to a pretty wife, has two young kids.
2. Staying in a condo.
3. Has a car.
4. Annual income of $100k each.
5. Net worth of $1m.
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lifee from.30 may change dramatically. kids come along, you are at your peak at work and investment. ..30is a good Start,
when i was at 30,i was single, high spender with much much less than most of you.
now at 40,married with Kid, staying in a HDB, driving company car, Cash and stocks $1.2million .
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06-10-2013, 01:29 PM
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Senior Member
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Join Date: May 2012
Posts: 70
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Quote:
Originally Posted by Unregistered
It seems that there are more rich people proportionately in Singapore than in the US. Based on this chart, my income puts me at the top 10% of US earners but using the benchmarking tool on salary.sg I'm not in the top 10% of Singapore earners.
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believe salary.sg tool only accounts for income earners
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