Age 50, what is a respectable income and net assets

[Orionz]

Note: ish NET asset...

 

[mastermember]

I think to be respectable need at least 3mil

 

[ballastic90]

Around 2m like that

 

[KleenexUltra]

With spouse? Or without?

 

[zheng]

Note: ish NET asset...

5million

 

[focus1974]

Note: ish NET asset...

HDB crowd - normal people, $1mil networth .. (assets - liabilities)
can sit at kopitiam or food court daily to past time.. and eat $6 dollar meals.. and no need work .. is already a winner.

Condo crowd - maybe need $3mil networth.

Landed crowd - maybe need $5mil networth

 

[zzangiefzz]

1M cash or fully paid 4rm hdb, for a 50yo asset

 

[iPod Jack]

TS, u know u will only get csb or big cannon posts...?

 

[Zangief]

2.5k , 12hr shift 6 working days week condo security guard excluding OT.

 

[popsune1]

Depends on your lifestyle.

 

[CW40]

You can have $1.2k per mth income working part-time at Mac but still be very respectable if you have $10m asset...

 

[blue666]

Not counting primary residence ppty

$5m would be comfortable with various asset class

 

[hardwater]

better ask your relatives during CNY.

 

[MoeLanYong]

I am aged 50+.

Let me tell you a secret. After 40s, your income starts to drop. Because employers see you like see ghost. Avoid you. Sometimes even make cross sign at you to ward off evil spirits. You can find all these data in any respectable salary survey.

 

[Jeremy1]

$1B should be very well respected by your relatives and siblings

 

[cyke69sg]

I am aged 50+.

Let me tell you a secret. After 40s, your income starts to drop. Because employers see you like see ghost. Avoid you. Sometimes even make cross sign at you to ward off evil spirits. You can find all these data in any respectable salary survey.

A generalization I suppose?

For some others it is after age 40 that you get enough experience both in life and in expertise to then command higher earnings and positions.

Depends on the industry I guess?

 

[Flexamoria]

TS, u know u will only get csb or big cannon posts...?

i think most ppl dont even have half a million and still a slave paying hdb

 

[Tony.Manero]

With spouse? Or without?

Yes. Should fire all of these people. Never find out parameters and luan luan pom liao

 

[bolts]

if you hv close to S$5mil net assets, u’re in the top 1% in Asia and in Singapore.

https://www.knightfrank.com/researc...ow-much-wealth-gets-you-into-the-global-top-1

 

[focus1974]

2.5k , 12hr shift 6 working days week condo security guard excluding OT.

can only work day shift ? I scare ghost.