Whats your net worth

How time flies. Me & wife going to hit 55th birthday in December this year

Net worth summary
Property 1= $3 M (own stay, paid up)
Property 2= $1.8 M rental, paid up
Total CPF = $2.8 M
Total in shares= $1.8 M
Bonds & cash savings = $1.1 M

We are glad to be ready to retire in next year and out of the corporate world.

Originally Posted by Unregistered

I'm not the original poster you quoted but:

1. Invest your OA

These days there are tons of options like roboadvisors, T-bills, etc which you can use to invest the exvess above 20k CPF OA.

Considering SA and CPF in general is already akin to bonds, I put it to work in equity-based mutual funds.

2. Maximise your CPF contributions

Personally, I don't do this because I am concerned of CPF rules changes but this is legit.

What you do is first top up cash to your medisave account to hit the basic healthcare sum.
Now whenever you work, the CPF contribution that goes to medisave will be flowed to SA.

Next step is top up or naturally let your SA reach FRS.
Now whenever you work, the CPF contribution that goes to SA (including what overflowed from MA) will go to OA.

3. Get a high paying job.

Self-explanatory.

All these 3 can be done together.

Get high paying job still have monthly cap in terms of OA contribution unless you willing to do self top-up.

T-bill kinda boost abit. Now the rates are bad, end up depositing into stocks and hope for both capital and dividend gain

Always surprise why people within the age group of 21-30 or 31 -40 can have exorbitantly high amount of CPF that defy normal progressive growth.
for 31-40 or 41-45 might make sense if they sold their property and gain a pot of gold. but you will still need to purchase a new property.......

some might earn from stocks especially those who invested during covid using CPF. that might be one of the reasons.

Man shall not live by bread alone.

As a late 30s couple:

Stocks - S$2.8M
1st property - $550K paid up, $1.2M loan remaining
2nd property - $500K paid up, $300K loan remaining
Cash: S$300K

Originally Posted by Unregistered

Man shall not live by bread alone.

But with meat and vegetables for a balanced diet

[Nubhuman_Sigger]

28M, soon to be 29M

700k stock portfolio. No property. Do feel a bit behind my peers who have a million by 30.

[Meteor]

Can check out my blog

My-Financial-freedom.com

Talks about how I achieved Financial freedom by investing in Sg properties.

[Nubhuman_Sigger]

Originally Posted by Meteor

Can check out my blog

My-Financial-freedom.com

Talks about how I achieved Financial freedom by investing in Sg properties.

Nah, I'm good, thanks.

Singaporean male, 27 years old.

Net worth:
S$3.5 million in bitcoin
S$1.4 million condo (fully paid)
S$300k cash

Working couple close to 55

Owns 2 paid up condos ~$5 mil
CpF all accounts ~ $3 mil
Stocks SG& US ~ $2 mil


We are ready to retire soon