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Topic Review (Newest First)
Today 08:13 PM
Unregistered 2k in cash. 2k in cpf from part time work. I have wife (rifle), and lots of extra duties.
Seniors what do u think i shld do when i ord to like all of you so successful.
Today 06:44 PM
brownie17 As for me, I don't like debt. Therefore, I never take large loans. It turns out that your whole life is on credit and then you can't wait to retire. I feel very sorry for people who have large debts on loans. My friend was left without all the property, because of debts. Now all he has is a small room in a rented apartment that he can afford to pay for. So I try to moderate my appetites and live within my means. For small loans, I use this company (https://credit-10.com/no/centum-logg-inn/) to go on vacation or to buy new gadgets. This is my maximum. And I am very afraid of losing my home, so I do not take a loan for a Villa for myself. I'm happy with the little house I have.
Yesterday 06:24 AM
Unregistered Combined savings (age early 40)

1hdb fully paid (650k) and 1 condo (800k). Cash saving 50k

Cpf 250k

Insurance payout from age 60 (300k)

No debt.
26-01-2020 10:40 PM
Unregistered Age 35
Annual - around 150k with bonus

Cash 200k
Cpf (OA 30k+SA 180k) 220k
1 condo in JB with 140k debts (intend to repay in full and keep for retirement)
2 rolex can get back 25k easily

no investments , not married, no car nor hdb , staying with parent :s13:

Aim to retire at 45 with enough savings, once income drop to zero then go apply for 2rm bto with full payment from CPF OA / or take over parents 4rm hdb (60 years lease remaining as of now but strong for rental)

CPF SA should hit 500k when im 62 compounding at 4% ( if no changes to % and withdrawal age/rule

Bought term insurance for 400k till 65 (may cancel at age 45 if i have no dependents)

Aim to retire at age 45 go yolo and move around low cost countries like malaysia, thailand taiwan and home. With 1M in cash, 1 jb condo , 1 hbd (2rm bto /old 4rm hdb) no debts , withdrawal rate of 2-3%. , CPF life as backup (CPF OA $0, CPF MA Full )

appreciate all the senior's advise on how am i doing, and on my plans as well
02-01-2020 02:23 AM
retirement_sg 38 YO

+ 250k : Cash savings
+ 048k : SRS account (half with STI index, another half idle)
+ 395k : CPF (OA $125k, SA $207k, MA $60k)
- 71k : CPF (drawndown from OA, still servicing mortgage...)
- 272k : outstanding mortgage

~ 1mil : 3 bedder condo (99 year)
+ 1 motorbike
+ 1-2 insurance policy (dunno the value)

income Gross 180k/pa (i.e. before cpf deduction, exclude bonus)

can't wait to retire...
22-10-2019 03:27 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Professional Couple in our mid 40s with 2 kids

Combined assets
Cash savings: S$300k
CPF: S$850k
Overseas FH semid fully paid :S$500k
Sg FH 3 bedder condo : S$370k loan left. Worth S$1.3 mil ?
Other insurance policies etc : S$ 150k thereabouts
1 year old Toyota Altis car :S$65k loan left

Networth about S$2.5 mil combined (depending on properties valuation)

Combined income variable, about S$200k pa this year as I worked less.

Hi mummy1234 😁
20-10-2019 03:47 AM
Big canon This forum seem to have attract many dua bao xian AKA big canon... Fort caning canon all also kana shoot down liao.. On the other side it actuslly motivate me to keep going...

Peace out.
19-10-2019 12:01 PM
Unregistered Professional Couple in our mid 40s with 2 kids

Combined assets
Cash savings: S$300k
CPF: S$850k
Overseas FH semid fully paid :S$500k
Sg FH 3 bedder condo : S$370k loan left. Worth S$1.3 mil ?
Other insurance policies etc : S$ 150k thereabouts
1 year old Toyota Altis car :S$65k loan left

Networth about S$2.5 mil combined (depending on properties valuation)

Combined income variable, about S$200k pa this year as I worked less.
17-10-2019 08:52 PM
Unregistered
Pay it forward - free ticket & investment book worth sgd$200

I have always emphasized on generating multiple streams of income through a portfolio of income asset
Recently, I met Sean Seah Ex-CEO of Value Investing College recently and we were talking about building various streams of income.

He mentioned that he is challenging 5 different investors to prove if they can make $10000 in 10 days and they have taken up the challenge and will be sharing in this on 2 Nov in Expo and the entry ticket is US$97.
After some pestering, I managed to secure 30 FREE tickets for my friends and we have 16 tickets left currently.

As a way of paying forward for what I have achieved through the learning process,
I have asked him to give out this best selling book in Amazon.com call FINANCIAL JOY 2.0 (Retailing for SGD$49.90) which is a very good read for adults and young children.

So, please register fast before the FREE ticket and book is fully redeemed. Click the link below here free entry s://10k10days.eventbrite.sg?discount=Ed55
17-10-2019 08:46 PM
Unregistered
Passive income is the power

I believe net worth is not that important as compared to generating passive income streams. I would rather have net worth of $500k but my passive income is 5k a mth than someone with $2m net worth that has minimal passive income.
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