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Today 11:52 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
According to the 2019/2020 IRAS annual income stats.
150k annual income is within the top 9.8% bracket of all tax paying residents in Singapore.
Annual income of 310k its top 3% bracket of all tax paying residents

The median (50 percentile) annual income of all tax paying residents in singapore is 43.2K
I use MoM statistics

s://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx

Gross median income in Singapore in 2019-2020 is approx. 4.5k including the 17% CPF from employer.
So our gross monthly income excluding Employer cpf contribution should be about 3.9k per month.
3900x12 = 46.8k
Annual median income = 46.8k
Quite close to the IRAS statistics.
Today 11:01 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
It's not even top 10%. More like top 3%.
According to the 2019/2020 IRAS annual income stats.
150k annual income is within the top 9.8% bracket of all tax paying residents in Singapore.
Annual income of 310k its top 3% bracket of all tax paying residents

The median (50 percentile) annual income of all tax paying residents in singapore is 43.2K
Today 10:46 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
It's not even top 10%. More like top 3%.

The true high income earners probbaly won't be posting here.

They just keep quiet and enjoy life.

Whereas many of us are insecure and want the assurance that we are doing well.
Today 10:40 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Statistically, you are in the top 10% bracket among tax paying residents if you make 150k a year.

Go read up the thread and find how many people falls into this bracket and critically think if it is incredulous and decide if this is a troll thread out not.
It's not even top 10%. More like top 3%.
Today 10:28 AM
Unregistered Statistically, you are in the top 10% bracket among tax paying residents if you make 150k a year.

Go read up the thread and find how many people falls into this bracket and critically think if it is incredulous and decide if this is a troll thread out not.
Today 09:48 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I am 50 years old and plans to retire next year. I have worked so hard all my life from primary school until now as a corporate high flyer. I am so tired after working so hard for 44 years. It is time I retire to enjoy the fruits of my labour since young. I plan to spend my retirement to do things I always wanted to do but had no time for. My savings, investments and CPF will ensure I can enough for my retirement.
You should retire when you can. Retirement from the corporate world doesnít mean you sleep all day even though you can if you wish to. There are many things you can do to reinvent yourself. Most importantly you have more free time for your family and pursue new exciting things in your life. As long as you have paid up your HDB flat mortgage and have enough for your daily expenses, you can retire. Once you are debt free, you donít really need much. Food, utilities and other expenses only about $1500 per month.
Yesterday 09:44 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
29M fintech
base 270k
stocks 50k

I am hoping to get my first landed property in 5 years. How am I doing compared to my peers?
What company is that? Stripe?
Yesterday 08:47 AM
Unregistered 29M fintech
base 270k
stocks 50k

I am hoping to get my first landed property in 5 years. How am I doing compared to my peers?
Yesterday 08:45 AM
Unregistered
Quote:
Originally Posted by ucbucb View Post
32M tech sweat house
base 255k
stock 90k
regret is not pursuing a true love when young.
now too late already. single forever.
Same age as you but earn lesser. Never too late to pursue anything in life.

You are in a better position financially.
Yesterday 08:05 AM
Jasper
Quote:
Originally Posted by ucbucb View Post
32M tech sweat house
base 255k
stock 90k
regret is not pursuing a true love when young.
now too late already. single forever.
Same regret bro. Even rejected gf asking to get house due to thinking I was too poor..
Went for part time study for around 7 years wasted so much adulthood also...
But at least u have great achievement, unlike me just manage to get by.
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