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Tuition teacher 20 years
3m cash 2m shares, mainly in Starhub (8% yield currently) Hdb fully paid Audi TT and A8 |
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10 mil cash 5 mil shares Landed property fully paid Maserati and Merc and mx5 mazda |
Whilst it is interesting to know net worth as a bit of a yard stick its always more interesting to undertsand the journey and also what the goals of the individual are especially around retirement. Discussions on materiality not being the point are irrelvaent and side track the issue so go ride your high moral horse out of here. Start another thread the discussion is on net worth. So to those with >$2m in net worth other than there house what are your retirement goals?
My own is $100k income on today's dollar plus a beach house somewhere, retire between 50-55. Current 35 Cash $215k Property full paid $1.6m Superannuation $180k Car fully paid $60k Current household income (including mine and my wifes) $380k |
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With superannuation quoted..... Australian?
Impressive bickering on what is truth and what is false. Regardless, its very impressive to see how much wealth young singaporeans / expat accumulate on the sunny island. It is really an island of opportunity. |
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350k cash 900k shares One bungalow (S$8.5m - 4.5m loan = S$4m) One condo (S$6.5m - S$3m loan = S$3.5m) One apartment (S$3.0m - S$400k loan = S$2.6m) Ferrari F430 + BMW |
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46Years old. $2M cash, condo 700K paid for. Kids tertially education planned for.
Have been working hard for the last 20 years. I realized that once you hit 1M, the rate of wealth growth accelerates. Plan to retire in 4 years time. Stay healthy is still the ultimate aim and will continue life in a simple yet self fulfilling manner. I am not tempted or in pursuit of any unnecessary material needs. These provide only temporary happiness nothing more. |
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